Claims Magazine-June 2006

Issue Gallery ›

  • Changes Are Coming

    staff Writer

    Some changes that will affect the insurance industry are still years away. Others are probably in the foreseeable future.

  • The Acid Test

    Bruce Hillman, JD

    This one just doesn't meet the "acid test" of insurance contract interpretation, pun intended.

  • No-Fault Reform Needed

    staff Writer

    A recent study conducted by the Property Casualty Insurers Association of America and the Insurance Federation of Minnesota addressed the need for reform of the state's no-fault automobile insurance system.

  • State Opens Fraud Bureau

    staff Writer

    Washington State became the 41st state to adopt a coordinated approach to fraud fighting by opening a fraud bureau and adding a fraud prosecutor.

  • CSC Rolls Out Riskmaster X

    staff Writer

    Computer Sciences Corporation recently released a new version of its independent claims and risk management software, Riskmaster.

  • Cybersettle Launches Version 5.0

    staff Writer

    The company shifted platforms from Classic ASP to Microsoft's new ASP.NET platform, making it fully web-service enabled, and contains defined application, transaction, and data layers.

  • Winning Cases by Managing Experts

    Staff Writer

    Whether risk managers have insurance or are self-insured, winning a claim often comes down to a contest between experts. Through testimony, your experts battle those of the other side.

  • Are Consumers Hesitant to File Claims?

    staff Writer

    According to results from a study conducted by the Nebraska Auto Body Association, 64 percent of respondents said they would generally feel hesitant about filing an auto insurance claim.

  • SPEAKING OF: Catastrophe Adjusting

    staff Writer

    June is the start of what is predicted to be a very busy hurricane season, which means carriers and independent staffing firms soon will need thousands of catastrophe adjusters.

  • Tsunami Warning System Beefed Up

    staff Writer

    The NOAA recently installed five buoy stations off of the East and Gulf coasts and the Caribbean as part of the expansion of the U.S. tsunami warning system.

  • It Costs HOW Much to Drive?

    staff Writer

    $7,967 a year, or roughly 52.2 cents per mile. That's how much a person driving a new-model, medium-sized sedan such as a Toyota Camry 15,000 miles a year can expect to pay annually.

  • Apparently, It's No Fun if You're Dead

    staff Writer

    Describing the Insurance Corporation of British Columbia's road safety campaign as bold is like calling Mt. Everest tall. While technically it's true, it doesn't quite do the site justice.

  • Class-Action Certifications May Be Restricted

    staff Writer

    A key committee of the American Legislative Exchange Council (ALEC) has approved a model law designed to limit the ability of trial lawyers to file class-action lawsuits that undermine the authority of state regulatory agencies.

  • Actuaries Submit Terrorism Risk Analysis

    staff Writer

    The American Academy of Actuaries has submitted its analysis on terrorism risk insurance, concluding that a national framework for terrorism risk is necessary if terrorism coverage is to be widely and readily available.

  • Auto Claims Add Up, Spread Out

    staff Writer

    Insurers received nearly 674,000 claims for vehicles that were damaged or destroyed by last year's storms.

  • Making Cents of Expenses and Deductions

    staff Writer

    Most independent adjusters are responsible for their own lodging and transportation expenses while working catastrophes. Can these expenses be deducted from an adjuster's yearly income?

  • Customer Survey Aimed at P&C Insurers

    staff Writer

    The property and casualty insurance industry, which was measured by customers' satisfaction with their companies' coverage, premium rates, and claim handling, improved slightly by one percent.

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