Claims News

PwC Develops Blockchain Prototype for London Market Claims

PwC has created a working blockchain prototype for the London Market’s Target Operating Model (TOM) Innovation Exchange, which demonstrates how the technology can support claims bordereau management processes, the company said. Completed over a six-week period, PwC said, the proof …

Verisk Analytics Buys UK-Based Emergent Network Intelligence

Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired Emergent Network Intelligence (ENI), an innovator in insurance claims efficiency and fraud detection solutions based in Newcastle upon Tyne in the U.K. With the acquisition of …

Report: California’s Central Coast Accounting for More of State’s Comp Claims

California’s Central Coast has been accounting for more of the state’s workers’ compensation claims recently, a new report issued today shows. The California Workers’ Compensation Institute has issued a new Regional Score Card, the sixth in its research series that …

Chubb Promotes Parry to Claims Director, Europe, Eurasia & Africa

Chubb announced the promotion of Steve Parry, currently claims director for UK and Ireland, Operations and Integration, to the role of director of Claims, Europe and Eurasia & Africa. In his new role, Parry will have overall responsibility for strategy and delivery of the company’s …

Louisiana Insurance Department Helps Consumers Recover $7.6 M in 2016

Insurance Commissioner Jim Donelon reports that insurance policyholders in Louisiana were able to collect an additional $7.6 million last year as a result of assistance provided by the Louisiana Department of Insurance (LDI). LDI Office of Consumer Services worked with …

How Not to Plan: Ignore the Humdrum

This post is part of a series sponsored by PersonalUmbrella.com. Nobody has a clue about the future, but we all like to think that nothing terrible is on the horizon for us, especially in the new year. The reality is …

Chubb Names Lambourne as Head of Multinational Claims, Overseas General Insurance 

Chubb announced that Graham Lambourne, currently Global Clients Claims manager, Europe, has been promoted to the role of head of Multinational Claims for Overseas General Insurance. Lambourne will be responsible for further refining and enhancing Chubb’s multinational claims capability, working with colleagues in North …

Hamilton Underwriting Appoints Novae’s Holland as Claims Director

Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function. A qualified solicitor, Holland has 26 years of re/insurance experience and joins …

California Workers’ Comp Medical Mileage Rate Will Decline for 2017

The Internal Revenue Service has announced that the standard mileage rate for business miles will decline 0.5 cents per mile to 53.5 cents per mile as of Jan. 1, 2017. The California Workers’ Compensation Institute said this means the mileage …

Utah’s Death Investigation Backlog Impacts Insurance Payouts

Utah state medical examiners have an autopsy caseload that’s twice the recommended maximum, but the state still has a months-long delay in death investigations that’s affecting homicide investigations, insurance payouts and organ donations. The Standard-Examiner reported that Chief Medical Examiner …