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Claims Magazine - Covering The Business Of Loss.
AUGUST 2007

Cover Story

Hurricane season. While these two words evoke apprehension in the hearts of some, there are those who look forward to this time of year with unusual excitement and anticipation. For insurance...



Columns

One way to take your claim management to the next level is by devising a reliable monthly claim management dashboard. What data is important to you to have on a daily, weekly, or monthly basis?...

A former boss always said that business-interruption claims were the most difficult type of claims to handle. And he was right about that, at least partly because of the convergence of issues that...

If claim association membership is any indication, from the few claim club lists this writer has seen recently, the most active members are independent property adjusters. Where are the insurance...

Hurricane Katrina stands as the single most costly U.S. natural disaster. Insured property loss payments in the six states impacted are estimated to exceed $40.6 billion. Damages resulting from...

Departments

The recent arrests of several windshield repair technicians in Arizona for insurance fraud has led one glass industry association to issue an alert, asking its members to be vigilant for instances of...

Earlier this year, Claims put a call out to its readers and subscribers, asking for nominations for our Claim Professional of the Year. The award, sponsored by the law firm of Smith & Brink, P.C., is...

That’s been the Congressional modus operandi in regards to the Terrorism Risk Insurance Act, which is a temporary, government-sponsored program that limits the amount of risk that insurance companies...

The most important — and often toughest — part of an adjuster’s job is determining coverage based on policy language. Beginning this month, Claims will be publishing a coverage question in each issue...

For insurance claimants, “temporary housing” isn’t a phrase that immediately calls forth visions of pampering. More often than not, it’s an afterthought as they struggle to recover and make sense of...

The Travelers Companies have settled and fully resolved all current and future asbestos-related coverage claims against them relating to ACandS, Inc., once one of the nation’s largest installers of...

As reported by the Insurance Services Office’s Property Claim Services (PCS) unit, U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.18 billion for...

The bill, AB 1401, which was brought by Assemblyman Greg Aghazarian, substantially increases the mandatory assessment amounts for insurers who write policies in the state, from $1,300 to $5,100....

Del. Dereck E. Davis (D) sponsored House Bill 1409, which limits access to police accident reports and makes it more difficult for criminals to recruit real crash victims into insurance schemes that...

The new law will make it illegal for insurers to alter an estimate by a repair shop when the damages are being disputed. The law states that only when an insurer carries out a physical inspection of...

MedRisk, in association with a bank, provides Visa-branded debit cards to workers’ compensation payers. Claim payers electronically send payment files to MedRisk, which then coordinates with the bank...

Science-based health risk prediction company, DxCG, has teamed with Urix to develop a new integrated disability management tool to assist insurance carriers and employers in managing medical costs...

Integrating the storm-surge model into Proxix’s automated solution called CATUM, underwriters input an address or latitude and longitude, and receive a detailed risk score for a specific property or...

Michael Moore’s Sicko is getting impressive reviews across the board. If you’re not familiar with it (or been living under a rock for the last month or so), the movie takes on the health-care...

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