There are a range of illnesses that can prompt a self-funded employer to make a claim on their stop-loss insurance policy, but a new study by Sun Life Financial Inc. finds that a majority (53 percent) of the $5.3 billion in such claims paid by insurers from 2012 to 2015 came from 10 ailments. Continue reading
Opponents of marijuana, beware: A study has found that in states where marijuana is legalized, Medicare saved millions of dollars as marijuana displaced other prescription drugs as an alternative treatment. Continue reading
Trucking insurers issuing motor carrier policies which contain MCS-90 Endorsements may be overlooking significant subrogation and recovery opportunities. MCS-90 subrogation is a fascinating and under-utilized means of recovery that can significantly increase an insurance carrier’s bottom line. Understanding the history behind and developing a working knowledge of MCS-90 Endorsements is essential for any adjuster or subrogation professional working in the transportation insurance field. This article will outline the importance of embracing MCS-90 reimbursement in your practice and the essential nature of giving these files attention immediately upon making any payment under an MCS-90 Endorsement. Continue reading
(Reuters) – UnitedHealth Group Inc is still losing money on the individual insurance business created under U.S. President Barack Obama’s national healthcare reform law due to customers’ high medical costs, the company said on Tuesday. Continue reading
A man who lost a leg at age 15 when he was struck by a vehicle as he sat on a Las Vegas, Nev., bus stop bench is suing for damages, saying that the shelters were built dangerously close to busy roads.
Conan Obenchain alleges in a federal lawsuit that putting a shelter 3 feet from the curb creates a foreseeable danger to the public. Continue reading
If the attacks in Nice, Brussels and Paris have you thinking about travel insurance, you’re not alone.
Industry experts say that consumer interest in terrorism and trip cancellation coverage has spiked after each attack.
“Since Brussels, really, we’ve seen that number growing and growing,” said Rachael Taft, a spokeswoman for Squaremouth.com, a travel insurance comparison site. “So it’s definitely top of mind.” Continue reading
Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short.
This month, two Teslas equipped with Autopilot veered into barriers following disclosure of the first fatal wreck, a Model S slamming into a 18-wheeler crossing a Florida highway after the semi-autonomous car failed to distinguish the truck’s white trailer from sky. Continue reading
Nearly 8 of every 10 U.S. drivers admit expressing anger, aggression or road rage at least once in the previous year, according to a survey released Thursday by the AAA Foundation for Traffic Safety. The behavior could include following too closely, yelling at another driver, cutting them off or making angry gestures.
Road Rage (male)While that’s dangerous enough, an estimated 8 million drivers engaged in more extreme behavior on streets and roads that might be considered ‘road rage,’ including bumping or ramming a vehicle on purpose or getting out of their cars to confront another driver, the foundation said. Continue reading
