PropertyCasualty360: Property & Casualty Insurance News & Tips

Family claimed defective heater started fatal fire

Patricia Harman

On Jan. 5, 2011, plaintiff Kenneth Shinedling and his wife, Amy, were sleeping in the master bedroom of their home, when a fire started in their room.

Driving with the top down

Patricia Harman

Americans have a love affair with classic cars. From James Bond's Aston Martin to Thomas Magnum's red Ferrari 308 GTS, some were iconic in their time and have since gone on to become famous classics. Consider the 69 Chevrolet Camaro SS, the 66 Ford Mustang GT or the Pontiac GTO...
5 Practical Property Recovery Tips

Donna Geraghty

When a significant homeowner property loss occurs, the adjuster is keenly aware of the insureds desire to return to their home quickly after the reconstruction.

Reducing Risk by Thinking Ahead

John Gregory Service

Frequently, claims managers, supervisors, adjusters or attorneys picked up a new claims file and question why a claimant acted in a certain manner. When working a claim, it is generally taken at face value. The facts are as they are in the file, unless some surprises turn up later.
Guns or Butter

Ken Brownlee, CPCU

I don't remember my economics professor's name from that 1962 class, but I sure remember the textbook, even though I traded it for a different one the next semester: Economics: An Introductory Analysis, by Nobel Prize-winning economist, Paul Samuelson.
U.S. Forensic: Water Heater Connector Failures: An Engineering Assessment of Cause (Advertorial)

Michael DeHarde, P.E., Brian Darr, P.E.

National forensic engineering firm, U.S. Forensic, recently undertook a large project to investigate a large number of braided stainless steel water heater connector failures for one of the largest property carriers in the country.
Engle Martin & Associates: Proactive Subrogation Yields Recovery Opportunities (Advertorial)

Lydia Fletcher

Subrogation is an often overlooked part of claims adjusting, although it should not be because of its substantial benefits. Successful recoveries from subrogation provide insurance carriers with money they may not have anticipated; a pleasant surprise from a risk taker's perspective.
Spartan: Better Technology Increases Subro Recoveries by the Thousands (Advertorial)

Donna Geraghty

Imagine you are the person accountable for subrogation within your organization. You believe you have a good subrogation program in place. The claims team is a mix of seasoned and new adjusters with varying degrees of subro awareness.
Donan: Robotic Technology Provides Subro Insights (Advertorial)

Duane Battcher

When subrogation potential exists, recovering large losses is imperative to a carrier's bottom line. Yet often these losses can present the most challenges to subrogation efforts.
Editor's Note

Patricia Harman

The concept of subrogation can be difficult for some to grasp. It involves looking at a loss with an entirely different lens to see what others may not when it comes to cause and origin for an event.
Advertorial: Appriss: Providing Solutions to Keep Communities Safe

propertycasualty360

At Appriss, our mission is to keep communities safe and informed. Weve been delivering technology solutions to government and commercial entities for the past 21 years.
“Arising out of” Means What?

David D. Thamann, JD, CPCU

Insurance policies abound with the use of the phrase arising out of. Some policies provide coverage for injuries and damage that arise out of a certain event; other policies exclude coverage for injuries and damages that arise out of a certain event.
Crawford & Company: It's a Lonely Place Under the Bus all by Yourself (Advertorial)

Mark Killion, CPCU, AIC, AR

It's a lonely place under the bus all by yourself. This saying sums up the concept of subrogation and our attempts to identify other potentially responsible parties. Subrogation describes both the legal and equitable right of an insurer to pursue a third party that caused an insurance loss to the...
The Cartel Connection: Linking Insurance Fraud, Drug Cartels and Terrorism

Christopher Tidball

Insurance fraud is a growing global phenomenon. In the United States alone, it is estimated that insurance fraud is an $80 billion dollar industry, second only to narcotics trafficking. Not surprisingly the two are often connected.

Claims Magazine-November 2015

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