As mHealth technology improves, the market prepares for it
We’ve all seen the apps. The ones that track your baby’s growth, or tell you how many miles you ran, or what that weird rash really is. You know what I’m talking about. These all serve their purpose in many first world situations. But, what if there was a way to use your smart phone to reach the underserved?
What Are They and How Can We Prevent Them?
It was reported on July 9 that Chinese hackers broke into the computer networks of the United States government agency that houses the personal information of all federal employees in March, according to senior American officials. They appeared to be targeting the files on tens of thousands of employees who have applied for top-secret security clearances.
How to prepare in hurricane season
The six-month hurricane season officially started on Sunday, June 1. But, the first hurricane of the season, Hurricane Arthur, just made landfall earlier this month off the coast of North Carolina. As a Category 2 hurricane, Arthur brought 100 mph winds and several inches of rain with it, creating damage along the east coast, according to The Weather Channel.
How would driverless cars change the insurance industry?
About 93 percent of all accidents are attributed to human error. This statistic is likely leading the way for a new trend in the auto industry, and it could impact the auto insurance industry in a big way too, according to Zurich’s Jonathon Charak, FCAS, MAAA.
Meet Automated Vehicles (AV), also known as self-driving cars, set to hit the market sometime between 2018-2020. That’s right. No driver required.
An interview with Jim Charron
Jim Charron, CPCU Practice Leader, Technology Zurich North America, Middle Markets Commercial, talks about cloud computing’s biggest risks and how to help combat them.
Learn the ins and outs of insurance fraud from expert Loretta Worters
Insurance fraud affects nearly every segment of our economy and society. Across the U.S., businesses lose millions in revenue each year because fraud increases employee health coverage expenses and business insurance costs, according to Zurich.
Get the inside scoop on insurance fraud and how to avoid it from an expert in the industry. Check out what Loretta Worters, Vice President of Communications for the Insurance Information Institute, has to say about it.
Injury claims are on the rise in the construction industry. Help keep workers safe and claim costs down.
According to Zurich data, there is not enough skilled labor to support demand in the construction industry. Because of the lack of skilled labor on job sites, compensation claims are increasing for construction companies, causing some organizations to spend as much as 14 to 21 percent of total payroll on disability costs as a result of employees being off work. To help combat this, Zurich offers these four tips:
In an evolving industry, inexperience and age are big factors in driving worker’s compensation claims in construction
The U.S. construction industry will need about 1.7 million more workers by 2020, according to the Bureau of Labor Statistics on Occupational Outlook. This is fantastic news, especially since the 2009 Global Recession laid off more than 2 million construction workers.
It’s time to get hiring, right? Well … maybe not.
How pre-fire planning can help save your business and help save lives
On Tuesday, May 6, state, local, and federal officials said in an article from The San Diego Union-Tribune, that a bone-dry California is poised for its worst fire season ever and they urged residents to be prepared.
“We are right now looking at a pretty tough wildfire season,” said U.S. Secretary of the Interior Sally Jewell. “Cal Fire has already fought 1,244 wildfires (this year) – that’s triple the average for that period of time. And it’s not going to get better over the course of this year. That’s something every citizen of California should know and they should take steps to protect their communities and their homes.”
The Terrorism Risk Insurance Act is scheduled to expire in December 2014, but debate in Congress may keep it from being renewed
Failure to renew or replace the Terrorism Risk Insurance Act (TRIA) could push employers to pay higher comp premiums, potentially causing a slight reduction in overall economic growth, according to a study released last week by RAND Corp.
The National Journal LIVE also hosted a policy summit and discussion recently on the Terrorism Risk Insurance Act at Chicago’s Soldier Field. The act is scheduled to expire in December, causing big debate in Congress on whether to reinstate it or not.
From left: Steve Clemons, Editor-at-Large, The Atlantic and National Journal; Congressman Randy Hultgren (IL-14)