Long Term Care Liability Loss Rate Expected to Grow: Aon July 18, 2012 Long term care liability loss rates and claim severity have reached an eight-year high and are expected to grow steadily...
GM’s OnStar Car Owners Now Able to Rent Out Their Vehicles July 17, 2012 By Andrew G. Simpson General Motors is joining the sharing economy. General Motors announced that its OnStar subscribers can now rent out their idle...
Malpractice Claims at Record Low, Not Driving Health Costs: Consumer Group July 13, 2012 By Andrew G. Simpson The consumer group Public Citizen says that medical malpractice payments in 2011 were at a record low and have fallen...
Workers’ Comp Claims Frequency Was Down 1% in 2011: NCCI July 13, 2012 Workers’ compensation claim frequency declined slightly in 2011, by a modest one percent, after increasing in 2010 for the first...
Lump Sum Settlements Encourage Return to Work: Study July 13, 2012 Lump sum settlements in workers’ compensation claims encourage injured workers to return to work, according to a new study by...
Driving History Seen as Predictor of Individual’s Lifespan July 11, 2012 It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The...
Black Lung Protections for Miners Failing; Cases Continue to Rise July 11, 2012 Black lung diagnoses have doubled in the last decade, and a new investigation blames a combination of factors, including operators...
Many Renters Lack Insurance Despite Fear Over Fire Damage: Survey July 11, 2012 As U.S. rental occupancy rates continue to rise, according to the U.S. Census Bureau, a new Allstate survey has found...
New Crash Avoidance Features Reduce Claims, Says Insurance Safety Institute July 10, 2012 Advanced crash avoidance technologies include some clear success stories when it comes to preventing crashes, insurance claim analyses by the...
June’s Severe Weather Losses Near $2 Billion in U.S.: Aon Benfield July 10, 2012 U.S. severe weather insurance losses were close to $2 billion in June, according to Aon Benfield’s Global Catastrophe Report. Published...