Artificial intelligence helps boost Australian profits

Article Abstract:

Australian insurance companies are taking advantage of artificial intelligence technology to improve their market standing. Personal lines insurers handling workers' compensation cases have utilized the Colossus expert system, a branch of artificial intelligence that assesses damages for motor vehicle bodily injury claims. Expert systems and other forms of artificial intelligence help lower claims incidence and costs and reduce expenses.

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Managed care mysteries haunting workers' comp

Article Abstract:

Misconceptions about the relationship between managed care and workers' compensation often limit the use of managed care techniques in workers' compensation cases. Managed care providers are often accused of limiting access to health care services and providing only medical discounts. Additional myths include the lack of differentiation between managed care programs and the negative opinions of managed care providers by employers.

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Sick-building litigation raises stake for insurers

Article Abstract:

Indoor air pollution has become a problem since the mid-1980s. The construction of energy efficient buildings; which restrict air flow and air circulation; the introduction of new building materials and the combination of chemical pollutants have caused many of these problems. Insurance companies need to be prepared because of the risks involved with workers' compensation claims and liability lawsuits.

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