Claims

Reinsurer estimates that insured claims, as a result of the earthquake, are between $6 and $12 billion.

Carrier is utilizing Guidewire's InsuranceSuite for underwriting, policy admin, billing and claims.

While carriers have many reasons for slow adoption, 11 life insurers now offer mobile functionality to consumers, according recent research.

Scientists have built a system that lets you steer with your thoughts, but insurers will have a tough time rating drivers.

TST will support A.I.M. Mutual’s mission to provide excellence in workers’ compensation services to Massachusetts and New Hampshire employers.

Product is designed to enable workers' comp claims payers to further drive operational efficiencies and cost containment in their claims operations.

Advanced AI systems like those being developed by IBM sound great, but acquiring such systems is another matter.

New NICB data show uptick in auto glass fraud.

The P&C association's new website is intended to help fight insurance fraud in Florida.

The most severe earthquake to hit New Zealand in 80 years seen as the most expensive natural disaster since Hurricane Ike hit the United States in 2008.

Large sports cars have the highest average collision claims costs and passenger vans have the lowest, notes the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA).

Although nine insurer groups experienced asbestos and environmental (A&E) losses of at least $100 million during 2009, up from six groups in 2008, the increase is still “manageable,” notes A.M. Best.

The insurer announced that it's letting Florida policyholders sign up for a program that tracks their driving habits and adjusts their rates accordingly.

Computer’s appearance on “Jeopardy!” offers glimpse of future business functionality.

Just in time for Valentine’s Days, a study finds 29% of American drivers have engaged in romantic contact while driving.

To navigate through the changing market, insurers will think, act and spend differently in 2011.

Collaboration to create solutions to help insurers improve claims handling with efficiency, accuracy.

The rise of ubiquitous and mobile computing is creating a range of new innovations, limited only by imaginations.

Even robots can make mistakes, but when a human life is involved, who takes the blame?

New survey reveals that insurers are making headway modernizing their legacy systems.