Claims Magazine August 2007
Cover Story
A Box of Chocolates?
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.
Features
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All Backed Up
When comparing sudden and accidental water-loss events, sewage backups pose one of the most serious health concerns.
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Ahead of the Curve
To achieve maximum potential, professionals cannot stop learning after a graduation ceremony or when the diploma arrives in the mail.
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Where There's Smoke, There's Fire
It's an oft-repeated adage. For the P&C claims industry, "Where there is pain, there is gain," is probably the more appropriate way to put it.
Columns
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Building Your Claim Management Dashboard
One way to take your claim management to the next level is by devising a reliable monthly claim management dashboard.
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Business, Interrupted
A former boss always said that business-interruption claims were the most difficult type of claims to handle.
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Leadership in 21st Century Adjusting
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.
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Gone Litigating
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.
Departments
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Auto-Glass Fraud Spreading in Southwest?
The recent arrests of several windshield repair technicians in Arizona for insurance fraud has led one glass industry association to issue an alert.
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A Winner Is Crowned!
Earlier this year, Claims put a call out to its readers and subscribers, asking for nominations for our Claim Professional of the Year.
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TRIA Extension Introduced
TRIA was first implemented following 9/11, when there was a fear that another orchestrated terrorist attack could bankrupt the insurance industry.
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Questions of Coverage
The most important -- and often toughest -- part of an adjuster's job is determining coverage based on policy language.
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Speaking Of: Temporary Housing
For insurance claimants, "temporary housing" isn't a phrase that immediately calls forth visions of pampering.
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Travelers Settles Asbestos Claims
The Travelers Companies have settled and fully resolved all current and future asbestos-related coverage claims against them.
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Second Quarter Light on Catastrophes
Only six catastrophes were reported in 2007's second quarter (April-June), making it one of the lowest totals in the last 10 years.
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State Funds Fight Against Fraud
The California Assembly passed a bill that will increase the ability of its Department of Insurance to fight insurance fraud.
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Staged Accidents Targeted
Maryland Governor Martin O'Malley recently signed a bill into law that makes staging an auto accident to steal insurance funds a specific crime.
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New Law Protects Repair Shops
New legislation in Minnesota brought by the Alliance of Automotive Service Providers is designed to protect the repair shops that are selected to service vehicles that have been involved in accidents.
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MedRisk Releases Workers' Comp Debit Card
MedRisk, Inc., a claim services and medical management company, has introduced its MPower Card as a new way to issue workers' compensation indemnity payments.
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DxCG Introduces Predictive-Modeling Tool
DxCG introduces their first predictive modeling system for disability management.
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Proxix Solutions Releases Storm-Surge Model
Proxix Solutions has developed a new storm-surge model that generates storm-surge inundation polygons for all counties along the Gulf and Atlantic Coasts.
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Coming Soon to a Theater Near You?
Michael Moore's Sicko is getting impressive reviews across the board.
