Designed to Help Industry Deliver Safe and Proper Repairs to Today's Increasingly Complex Vehicles
In this quarter's report, Mitchell executive experts share insights on achieving humane automation, avoiding “decision fatigue” in claims management, and the impact of weather on auto-related claims.
The expiration date indicates the time period the prescription drug can be expected to meet the claims of the Pharmacopeial monograph (information sheet provided with a medication), that it conforms to the recommended storage conditions. These dates are usually found on the manufacturer’s container and may be included on the prescription bottle label, depending on various state requirements.
We haven’t reached mid-year 2019, and the United States has already experienced several severe weather events, including a polar vortex and many hail storms in the Midwest, massive flooding in the Northern Plains, and heavy El Niño rains in California.
Average Length of Rental (LOR) for Q1 2019 landed at 12.8 days in the United States, an increase of 0.3 days compared to Q1 2018. Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend. The Mountain and Pacific regions produced the largest increases at 1.1 and 0.9 days respectively. The Southwest was the only region that did not increase by staying even at 13 days.
Welcome to the age of (humane) automation. As organizations ramp up technology investment in search of greater efficiency, a global conversation is emerging around the need to use artificial intelligence ethically and to ensure that people remain at the center of technological innovation.
Each quarter, I round up and highlight some of my favorite articles written by Mitchell experts and let you know where we have been published outside of our mPower thought leadership website. This quarter, I’m excited to share a podcast that I did with InsuranceJournal TV that’s all about how technology is making an impact on the workers’ compensation industry.