Workers Comp carriers have been slow to adopt automated fraud detection technology because of resistance to change, reliance on manual processes, limited IT resources, and concerns about data access and quality.
It has made inroads into specialty lines, while interest in contingent business income remains elevated in the wake of catastrophes disrupting supply chains.
The fiery rush-hour crash of a N.Y. Metro-North commuter train in Westchester County that killed six people happened amid a traffic jam that sent a swarm of autos across a level crossing.
News from William Gallagher Assocs., NAPSLO, The Council of Insurance Agents and Brokers, the National Assn. of Mutual Insurance Cos., Ironshore, Hub International and more
News from William Gallagher Assocs., NAPSLO, The Council of Insurance Agents and Brokers, the National Assn. of Mutual Insurance Cos., Ironshore, Hub International and more
In the wake of the latest market correction toward softer conditions, some surplus lines experts are suggesting that hard insurance markets are not what they used to beand in fact, may never be the same again.