PropertyCasualty360: Property & Casualty Insurance News & Tips

US Storm Insured Losses Exceed $100M for March

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Aon Benfield says the severe weather events resulted in 20,000 insurance claims in the Southeast and the Mississippi Valley with payouts exceeding $120 million.

A Crash Course In Learning

Donna J. Popow

To be successful, claims representatives must be able to perform job functions with incredible competence.
Bad Faith Allegations in Commercial Claims

Richard E. King

Unfortunately, the days of a rarity of bad faith allegations in a lawsuit vanished just as innocuously as the 2004 and 2005 hurricanes.

When Is An Adjuster’s Work Done?

Charles Hunter Mcree

Claims managers and organizations—that help manage risk for others—need to practice what they preach.
The Triple Whammy

Ken Brownlee, CPCU

Had the earthquake, resultant tsunami, and nuclear disaster that occurred in Japan happened in the U.S., the vast majority of homeowners and companies suffering losses would find little help from their insurers.
IAs and Conflicts of Interest

Anthony J. Morrone, Amy O'Rorke

An IA must recognize that all of his activities may be fully discoverable by many different parties if the matter ultimately ends up in litigation.
Dog Bite Claims

Christine G. Barlow

Dogs can bite, and they do so enough to warrant the Center for Disease Control (CDC) to keep records of such occurrences.
RMS Expects Japan-Quake Losses of $21-$34 Billion

propertycasualty360

Insured losses from the March 11 Japan earthquake and tsunami will likely range between $21 billion and $34 billion, including both P&C and life and health claims.
Wash. Law Linked to Surge in Homeowners’ Claims

Christina Bramlet

Homeowners’ claims costs have been climbing in Wash., and a new study conducted by the Insurance Research Council (IRC) has identified legislation passed in 2007 as the most probable culprit.
Calif. Responsible for One Fifth of US QCs in Past 3 Years

Catherine Couretas

In the last three years, Calif. has seen a 9-percent increase in the number of questionable claims (QCs) reported, according to the National Insurance Crime Bureau (NICB).
Well-Being At Work

Christina Bramlet

Ah, springtime: in rushes a wave of optimism, as well as a chance to begin anew and stop looking like a pasty extra from one of the Twilight movies.
Speaking Of: With William Teas, Executive Director, Gaylord Entertainment

propertycasualty360

In May 2010, when parts of Tennessee saw 13 inches of rain in a mere two days, the overflowing of the Cumberland River affected structures throughout Nashville.
Claims Excellence in The Big Easy

Catherine Couretas

Connecting with potential resources and sharing experiences from across the country can be the difference, which is what makes Americas Claims Event essential for industry professionals who want to get ahead.

Claims Magazine-May 2011

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