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By John Swedo |
May 1, 2011
Workers’ compensation fraud has been a particularly troublesome area for the industry, costing insurers and employers about $6 billion a year, according to the Coalition Against Insurance Fraud.
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By Michael P. Voelker |
March 8, 2011
There’s an all-you-can-eat buffet of information available to insurers, but is it too much data to digest?
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By Michael P. Voelker |
February 8, 2011
The sophistication within every part of the risk-sharing process—from rate-making to underwriting to claims—has increased at a quickening pace, driven by greater precision and predictability and built on an ever-expanding amount of data.
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By Richard Della Rocca, Janine Johnson |
September 2, 2010
Advanced analytic technology and data-collection techniques can help an insurer settle similar claims in similar ways, leading to more adequate claim reserves, improved loss cost management, and more equitable settlements.
