Claims Magazine-December 2005

Issue Gallery ›

  • Allmerica Changes Name

    staff Writer

    Allmerica Financial Corporation, a holding company for insurance companies, has changed its name to the Hanover Insurance Group.

  • NAIC Releases Auto Report

    staff Writer

    The average auto insurance premium in the United States increased six percent from 2002, to about $939 in 2003, according to the 2002/2003 Auto Insurance Database Report.

  • Lou Dobbs Keynotes CPCU Convention

    Ken Brownlee

    Key issues of interest to the property and casualty insurance industry were explored in depth in 50 different seminars during the four-day Chartered Property Casualty Underwriters Annual Meeting held in Atlanta Oct. 22-25.

  • 2005 Sees Record Insured Losses

    staff Writer

    A total of seven natural catastrophes in the third quarter of this year cost the nation's property and casualty insurers an all-time high of $40.8 billion in insured property losses in 14 states.

  • Mold Fears Jeopardize Real Estate Transactions

    staff Writer

    Mold problems are injecting an element of chance into real estate deals, according to a recent survey of builders and real estate lenders conducted by the Environmental Assurance Group.

  • Citizens Inspires Little Confidence

    staff Writer

    Florida's chief financial officer, Tom Gallagher, has opened a criminal fraud investigation into whether executives at Citizens Property Insurance Corp., the state's insurer of last resort, took bribes to award business to adjusters.

  • The Do-It-Yourselfer: How to Value the Cost of Repair

    Sande Salstone

    When insureds complete improvements or repairs around their properties themselves, the question arises whether actual cash value would be calculated differently than if contractors did the work.

  • Claim Pros Need to Market, Too

    staff Writer

    The knock on claims is that it is a black hole that absorbs money, a cost center that sends dollars out but never generates any.

  • DHS Develops Response Plan

    staff Writer

    The Department of Homeland Security has developed a National Response Plan outlining an all-hazard approach to enhance the ability of the United States to manage disasters, both man-made and natural.

  • INTEGRITY

    Phil Schreiner

    You know what? When I look back on my little life and the birds I've known, and think of all the things they've done for me and the little I've done for them, you'd think I've had the best of it

  • Allstate Targets Catastrophe Awareness

    staff Writer

    Allstate has launched a national advertising campaign to raise awareness and spur dialogue about better preparing Americans for catastrophic events.

  • Jury Finds Port Authority Liable

    staff Writer

    Earlier, Muslim extremists had been sentenced to life in prison for their roles in attack, during which they abandoned a van loaded with explosives in the center's underground garage.

  • Deer Season Poses Traffic Dangers

    staff Writer

    Each year, an estimated 1.5 million vehicle-deer collisions take place across the United States, with more than 150 motorists being killed and another 13,000 injured.

  • Congress Supports Gun Manufacturers

    staff Writer

    Since 1998, more than 30 city, county, and state governments have filed lawsuits against the firearm industry to demand compensation for the public costs associated with gun violence.

  • NCOIL Drafts Auto Part Resolution

    staff Writer

    The National Conference of Insurance Legislators' property casualty subcommittee has drafted a resolution supporting the use of after-market parts.

  • NHTSA Rates Tire Safety

    staff Writer

    Passenger vehicle tire quality has improved since last year, according to recently released ratings from the National Highway Traffic Safety Administration.

  • TRIA Site Targets Risk Managers

    staff Writer

    As the Dec. 31 expiration date of the Terrorism Risk Insurance Act looms, Liberty Mutual has launched a web site aimed at spurring commercial insurance policyholders to take active roles in lobbying for the act's extension.

  • Tradition, Tradition!

    Ken Brownlee

    Change is universal, impossible to avoid, and usually quite necessary. While most change is good, however, some change is irresponsible and does harm.

  • Integro Hires Three

    staff Writer

    Integro, an insurance brokerage and risk management firm, has hired Larry Reback as principal, claims, for its San Francisco office.

  • GE Promotes Furlong

    staff Writer

    GE Insurance Solutions, a provider of commercial insurance, reinsurance, and risk management services, has promoted Mike Furlong to lead its Lawyers Professional Liability unit.

  • Paul Davis Expands

    staff Writer

    Paul Davis Restoration, a national restoration firm, has expanded its service territory to include Morris County in New Jersey.

  • Crawford Hires Nelson

    staff Writer

    Allen W. Nelson was hired as senior vice president, general counsel, and corporate secretary for Crawford and Company.

  • EFI Global Opens Office

    staff Writer

    EFI Global, a provider of engineering, fire investigation, environmental, accident reconstruction, and laboratory services, has opened an office in Landover, Md., a suburb of Washington, D.C.

  • RGA Creates New Division

    staff Writer

    RG America, a provider of restoration services, has created a separate roofing division to handle the high volume of roofing repair demands it receives.

  • Premium Deferment to Expire

    staff Writer

    The Louisiana Department of Insurance's emergency rules, implemented shortly after Hurricane Katrina made landfall, are set to expire at midnight, Dec. 31, 2005.

  • Nationwide to Review Claims

    staff Writer

    Nationwide Insurance Company has agreed to review thousands of insurance claims from the four major hurricanes that made landfall in 2004.

  • The Catastrophe Crunch

    Eric Gilkey

    Last year, after the now-infamous quartet of Hurricanes Ivan, Jeanne, Frances, and Charley finished their tours of the state, 2.3 million insurance claims were reported in Florida.

  • Florida Tallies Wilma's Bill

    Michael H. Adams

    When Hurricane Wilma headed toward the southeast coast of Florida, there was a sense of disbelief and weariness among policyholders, insurance company officials, claim adjusters, and state officials.

  • Catastrophe Recovery

    Roland Hoffman

    In 2005 alone, we have experienced a record number of devastating disasters, including the tsunami, floods, earthquakes, hurricanes, mudslides, and wild fires.

  • ISO, Injury Sciences Offer EDR Information

    staff Writer

    Insurance Services Office and Injury Sciences have entered into an alliance to provide insurers with information about automobile accidents retrieved from vehicles' electronic data recorders.

  • Experian Battles Commercial Fraud

    staff Writer

    Experian, an information service firm, has launched Commercial Fraud Insight, a fraud and authentication program designed to help companies prevent business-to-business fraud.

  • RMS Updates Japanese Earthquake Cat Model

    staff Writer

    Risk Management Solutions, a provider of services for the management of catastrophe risk, has released RiskLink and RiskBrowser 5.1, the latest version of its catastrophe modeling systems.

  • MS/B Updates Hurricane Data

    staff Writer

    Seven new storm surge databases from Marshall and Swift/Boeckh are available for downloading by users of the IntegriClaim property claim estimator.

  • SIU Regulations Stiffen

    staff Writer

    New special investigative unit regulations have been implemented in California for insurance carriers licensed to conduct business.

  • Restoration Network Holds Conference

    staff Writer

    Disaster Kleenup International, a network of independent property damage restoration contractors, recently hosted its 12th annual conference.

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