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Claims Magazine - Covering The Business Of Loss.
AUGUST 2009

Cover Story

Nearly four years ago, the Illinois Supreme Court dealt what many perceived to be a fatal blow to a wave of putative class actions concerning automobile insurers’ specification of non-original equipment manufacturer parts. That may be changing....



Columns

In litigation, the discovery process has always been expensive. With computers and digital technology, though, there are added layers of complexity and cost. Discovery no longer involves just reviewing boxes and boxes of papers. ...

The National Highway Safety Administration (NHTSA) has mandated the inclusion of electronic stability control (ESC) on all vehicles less than 10,000 lbs. gross vehicle weight sold in the U.S. by the 2012 model year. ...

“I’ve never been in so much pain in my life.” When the claim adjuster hears these famous words but the trauma that led to the claim was minor, believability becomes the issue. ...

Departments

Has the economy finally affected everybody — and everything? Did Mother Nature take a mandated furlough in June and July, content to work on her tan while sipping mojitos on the beaches of Miami? ...

The property/casualty insurance industry does not pose a systemic risk and should not be subject to any new federal systemic authority, according to recent testimony from two major insurance industry associations. ...

A proposal by Governor Schwarzenegger to downgrade various crimes from felony to misdemeanor status is drawing heavy scrutiny....

Thousands of policyholders may be eligible for payments as a result of a class-action settlement between Nationwide Mutual Insurance Co. and several other affiliated companies....

Karen Pauli authored a recent research note that provides an illuminating overview of the five technologies most sustainable for insurance carriers’ business operations in 2009 and into 2010. ...

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