Claims Magazine-August 2005

Issue Gallery ›

  • Publication Decodes Executive Liability

    staff Writer

    The National Alliance Research Academy has published the third version of Three Dimensions of Executive Liability Insurance: D&O, EPL, & Fiduciary Exposures, Coverages, & Market Information by Richard Clarke.

  • Wild Fires Gain Ground

    staff Writer

    The 2005 fire season is predicted to be above normal due to a variety of factors, according to the National Interagency Fire Center, in Boise, Idaho.

  • London Bombing Liability Limited

    staff Writer

    Within one minute on July 7, the first full day of the 31st G8 summit in Scotland, a series of three bomb explosions struck London's public transportation system during the morning rush hour.

  • Insurers Enjoy Low 2nd Quarter Losses

    staff Writer

    The United States property and casualty industry is expected to pay homeowners and businesses an estimated $920 million for insured property losses in the second quarter of 2005.

  • Fullerton Adjuster, Accomplices Arrested

    staff Writer

    A Fullerton, Calif., insurance claim adjuster and two accomplices have been arrested by California Department of Insurance Fraud investigators for their alleged participation in an auto insurance fraud scheme.

  • Repair Costs in Southeast Remain High

    staff Writer

    As the 2005 hurricane season advances, repair costs for residents of the southeastern Unites States remain 20 to 40 percent higher than in other parts of the country.

  • Treasury Assesses TRIA

    staff Writer

    The U.S. Treasury Department has released a report on the Terrorism Risk Insurance Act of 2002.

  • Bivouacking in Florida

    Linda Fleming

    No one expected that the vigorous 2004 Atlantic hurricane season would hit Florida repeatedly: four hurricanes and a tropical storm made landfall within in a six-week period.

  • ALE Rescues Hurricane Survivors

    Mikel Benton

    Nearly one year after Hurricane Charley came ashore on the southwest coast of Florida, thousands of people are still out of their homes.

  • Saving Reconstruction Time and Money

    John A. Postava

    Last year, Charley, Frances, Ivan, and Jeanne brought more claim adjusters to Florida than swampland speculators in the 1920s.

  • Democrats Request Asbestos Fund Study

    staff Writer

    Democratic House Judiciary Committee members have asked that the Government Accountability Office assess possible problems with a proposed asbestos injury trust fund.

  • NFPA Mulls Skyscraper Improvements

    staff Writer

    The National Fire Protection Association delayed consideration of new code proposals that would have revised 90A, Standard for the Installation of Air Conditioning and Ventilating Systems.

  • NOAA Storm Tracker Follows Hurricanes

    staff Writer

    Last year's unusually active hurricane season prompted record numbers of people to log on to the National Oceanic and Atmospheric Administration web site.

  • Allstate Opts Not to Renew

    staff Writer

    In an attempt to limit future losses from hurricanes, Allstate Insurance will not renew 95,000 residential homeowner policies in Florida.

  • Progressive Ranks Motorcycle Thieves' Preferences

    staff Writer

    The motorcycle most likely to be targeted by thieves is Suzuki's GSX-R Series, according to a recent study of claim data on more than two million motorcycles insured over the past three years.

  • NAIIA Installs New Officers

    staff Writer

    Dane Havard, of Northern Adjusters in Anchorage, Alaska, was inaugurated as the 67th president of the National Association of Independent Insurance Adjusters.

  • Dunton Accepts Service Award

    staff Writer

    The Virginia Chapter of the International Association of Special Investigation Units awarded its Robert J. Covington Distinguished Service Award to E. Frank Dunton.

  • NAIW Members Receive Grants

    staff Writer

    The National Alliance for Insurance Education & Research presented 17 scholarships at the 64th Annual Convention of the National Association of Insurance Women.

  • Robison Elected IASA President

    staff Writer

    Mark A. Robison was elected president of the Insurance Accounting & Systems Association. His one-year term began July 1, 2005.

  • Hurzeler Awarded Golden Torch

    staff Writer

    Donald J. Hurzeler, 2004-2005 CPCU president, was awarded the Golden Torch Award by the Insurance Marketing Communications Association.

  • WCRI Updates Benchmarks

    staff Writer

    The Workers' Compensation Research Institute has released the fifth edition of CompScope Benchmarks, its annual comparison of state workers' compensation systems.

  • Wyles Appointed Beecher Carlson VP

    staff Writer

    Beecher Carlson Holdings has hired Kim Wyles as a vice president for the Los Angeles office, where she will handle risk management accounts.

  • Cote Joins CJW

    staff Writer

    Cramer Johnson Wiggins & Associates, a third party administration and independent adjusting firm based in Orlando, Fla., has named John Cote as executive vice president.

  • Opposition Amends Lobbyist Legislation

    staff Writer

    The Property Casualty Insurers Association of America was among those who testified against a New Jersey state legislative proposal that would require most insurance company employees to register as lobbyists.

  • Subrogation Partners Secures Credit Facility

    staff Writer

    Subrogation Partners, an independent subrogation recovery firm, has secured a $100 million credit facility to acquire and finance insurance subrogation claim portfolios.

  • SITE Establishes New Designation

    staff Writer

    The Society of Insurance Trainers & Educators, a professional membership organization for the insurance industry, has created the Insurance Training Professional designation.

  • ICAT Forms Boulder Claims

    staff Writer

    International Catastrophe Insurance Managers recently formed Boulder Claims to administer all claims emanating from business underwritten by ICAT on behalf of several member insurance companies of XL Capital.

  • ClaimSchool Offers Fraud Instruction

    staff Writer

    ClaimSchool, a provider of educational materials and services for insurance professionals, is offering a computer-based training program for fraud.

  • ASC Promotes Fiser, Watkins

    staff Writer

    Alternative Service Concepts, a third-party claim management company, has promoted Pam Fiser and Mark Watkins to field claim manager.

  • Monitoring Employee Behavior

    Ken Brownlee

    Corporate attitudes toward employees and customers can affect everything from the productivity of the employees to the quality of the products or services that they produce.

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