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Hiring the right third-party administrator (TPA) to handle an organizations claims, and then working with the vendor in a productive partnership, are two of the most critical responsibilities many risk managers face.

Think insurance fraud is the exclusive domain of crooked policyholders or the Russian mob? Take a look in the mirror. Producer perpetrated fraud is on the rise, especially in these lingering tough timesand insurers are watching.

Organizations need a clear understanding of current trends, challenges and available technology solutions to be able to deploy or improve an insurance claims fraud program.

A federal judge rejected claims by two former Marsh & McLennan Cos executives that the big insurance broker colluded with Eliot Spitzer when he was New York attorney general to make them scapegoats in a bid-rigging probe, and avert criminal charges against their longtime employer.

A federal judge rejected claims by two former Marsh & McLennan Cos executives that the big insurance broker colluded with Eliot Spitzer when he was New York attorney general to make them scapegoats in a bid-rigging probe, and avert criminal charges against their longtime employer.

LexisNexis Risk Solutions announces the migration of its insurance technology solutions to the LexisNexis big data processing platform known as HPCC Systems. LexisNexis is leveraging the platform to help insurers assign premium more accurately, better understand their customers and risk throughout the policy lifecycle, and drive a more profitable book...

LexisNexis Risk Solutions announces the migration of its insurance technology solutions to the LexisNexis big data processing platform known as HPCC Systems. LexisNexis is leveraging the platform to help insurers assign premium more accurately, better understand their customers and risk throughout the policy lifecycle, and drive a more profitable book...

A hard market now would be purely for the purpose of price gouging buyers of insurance, particularly commercial-lines insureds, according to an Americans for Insurance Reform report that says the industrys little understood economic cycle has been used to victimize policyholders for 35 years.