Claims & Reserving
Ransomware Demands Soar Along With Cyber Claim Costs: NAS Report
Cybercrime claims by policyholders outside the healthcare sector nearly doubled in 2018, led by financial fraud, often phishing schemes that lead to payments or wire transfers to criminals posing as ...
OxyContin Maker Purdue Settles Oklahoma Opioid Case for $270 Million
OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company have reached a $270 million settlement to resolve a lawsuit by the state of Oklahoma accusing Purdue of ...
FEMA Botches Handling of Personal Data From 2 Million Disaster Victims
The Federal Emergency Management Agency improperly released the personal data of some 2.3 million survivors of hurricane and wildfire disasters to a contractor, the Department of Homeland Security's ...
Midwest Flood Deluge Heads Closer to Mississippi River
The deluge that devastated so much of Nebraska is now moving downstream to threaten cities in Missouri and Kansas as the flood bulge makes its way toward the Mississippi River. Major flooding is ...
Rideshare Company Lyft Plans to Slash Insurance Costs and Phase in Self-Driving Vehicles
Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's ...
Assaults Are Among the Most Common Workplace Injuries for Women
Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National ...
Flood Damage Risks Escalate in U.S. Midwest
The Great Plains and Midwest, struggling with flooding that inundated roads and farms and pushed rivers to record heights, is set to get more rain ahead, with light showers forecast over the next few ...
Travel Insurance Claims Could Spike After Grounding of Boeing 737 Max 8 Planes
The grounding of Boeing 737 Max 8 airplanes is likely to cause a spike in travel insurance claims, InsureMyTrip said in a press release. "This is a very rare occurrence and we anticipate that ...