At Plexus, we enjoy reading about insurance. Here are five industry-related stories we are sharing, bookmarking and scrolling through as the work week rolls along:
-- According to Yahoo Sports, New York Giants star wide receiver Odell Beckham Jr. is considering buying a $100 million loss-of-value insurance policy as he enters the final year of his contract. Such a policy would cost about $600,000, per Yahoo.
-- The U.S. Tax Court has ruled in favor of the IRS in a case involving a microcaptive formed to insure several Arizona-based businesses.
-- Travelers is using an algorithm designed to find claimants at risk for chronic pain with the goal of steering them toward treatment options that do not involve opioids.
-- Iowa insurance-exchange premiums are slated to rise by almost 60 percent in 2018.
-- Nearly 20,000 lawsuits were brought against insurance companies by Florida auto-glass repair companies in 2016. That's a more than 1300 percent increase from 2012.