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Big data, artificial intelligence and machine learning are driving a shift in the way insurers approach risk and could fundamentally change the business model over the long term.
The insurance business model is shifting away from the idea of repair/reimburse as more insureds desire a predict-and-prevent approach.
A misrepresentations and omissions clause precluded indemnity the one-time refinery owner.
Commercial insurance and technology were made for each other; they don’t know how well just yet.
A performance report on the first five years of California’s independent bill review program reveals that claims adjusters’ billing decisions rarely align with how the state workers’ comp system sees things.
The proliferation of data and technology will challenge the insurance industry to utilize these resources effectively, but it also creates opportunity for customized service.
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Everything you need to know about workers' compensation insurance so you choose the best and most effective coverage for your employees and business.
Research over the past few decades has shown that psychosocial issues can have a significant impact on recovery rates.
Email phishing is growing and has become so sophisticated that even tech giants Facebook and Google are susceptible to scams.
There remains enough uncertainty about commercial tax exposures that insuring them is a booming business.
As risk manager for a major entertainment company, Brad Waldron says collaboration with outside parties is key to staying successful amid evolving consumer preferences.
The benefits of on-demand car rental are plentiful for both owners and renters. The challenge is addressing the new risks posed by the model.