Posts Tagged ‘Covid-19’
Ignited by Pandemic Changes, Insurers Embraced Innovation
The pandemic kickstarted the new wave of accepting and using innovative systems and methods in the insurance industry. It opened eyes to the ways that innovations and technology could do more than just efficiently get the work done. While the pandemic presented more than its fair share of challenges, it also created opportunity and…
Read MoreReport: More than Half of California COVID-19 Workers’ Comp Claims in Healthcare
More than a half of all reported COVID-19 indemnity claims in California continue to arise from workers in the healthcare sector, according to a new report from the Workers’ Compensation Insurance Rating Bureau. The WCIRB released the information this week in a report, “COVID-19 in California Workers’ Compensation – 2022 Update.” This report details…
Read MoreCalifornia Tells Auto Insurers to Disclose Pandemic Profits
California’s insurance commissioner ordered nearly 50 auto insurers to provide detailed information about their claim costs during the pandemic, his latest attempt to compensate consumers he says were overcharged as traffic virtually disappeared when the nation’s largest insurance market imposed the first U.S. coronavirus stay-home order. Commissioner Ricardo Lara gave California’s major insurers 30 days…
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