Claims Magazine December 2006
Cover Story
Time for New Shoes
The world of workers' compensation case management has not changed in design in more than a decade.
Features
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The Forensic Advantage
Perhaps due to the popularity of television shows that feature forensic medical doctors, archeologists, and scientists solving murder cases, the term forensic seems to have been inaccurately associated with death.
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Salvaging the Bottom Line
Old habits are hard to break, particularly in the insurance industry. But when old habits are negatively affecting the bottom line, many companies welcome change.
Columns
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Understanding CGL Coverage
There has been a large increase in the amount of questions received recently by FC&S concerning the damage to property and work exclusions on the commercial general liability coverage form.
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No Pain, No Gain
Last month your resident image-smasher took a look at the bane of all auto claim adjusters, the low impact soft tissue (LIST) claim.
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Best Practices
Recently, an insurance publication bestowed the honor of Risk Manager of the Year on Deborah Griffith, risk manager of the Boy Scouts of America (BSA) near Dallas, Texas.
Departments
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Vintage Vehicles Top Most-Stolen List
One starts to wonder about the collective intelligence when the 20-year-old Oldsmobile Cutlass starts showing up as the top car stolen in some states.
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Third-Quarter Losses Take Nosedive
This year's third quarter U.S. property/casualty insurance losses are expected to drop 98 percent from last year's record amount of $48 billion.
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Insider Fraud Increasing?
It's no secret that fraud in the property/casualty realm is a rampant problem.
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Speaking Of: 2006 Storm Season
We last spoke with Dr. Steve Smith midway through the 2006 hurricane season three months ago, where he reassessed weather predictions and stated that the season would turn out to be an average one.
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Putting a Price on Business Expenses
Keeping track of mileage, transportation, and accommodation business costs can be a full-time job for field adjusters.
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The Kitchen Sink Was Extra
No, this bus isn't an "after" photo from an episode of MTV's Pimp My Ride. Rather, it's the newest tool from Farmers Insurance Group to help policyholders settle their claims more quickly.
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Deer and Loathing in Midwest
The company's recently released statistics show that its policyholders were involved in 192,877 deer-related collisions from July 1, 2005 through June 30, 2006.
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Insolvency Fund Reformed
Massachusetts Governor Mitt Romney signed insolvency fund reform legislation that will create "a high-net-worth exclusion."
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Allstate Faces Multiple Lawsuits
The law firm Gravely & Pearson filed the suits against Allstate Texas Lloyds, accusing the company of underpaying 400 policyholders in San Antonio.
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Catastrophe Fund Gains Support
Two officials are pushing for legislative action that would protect New York from a major catastrophe.
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Mass Appeal
What's wrong with tradition? Nothing, unless following traditional practices and procedures are ultimately costing your insurance companies big money.
