PropertyCasualty360: Property & Casualty Insurance News & Tips

Ohio Summer Storms Churn Up $72M in Insured Losses

Anya Khalamayzer

Severe summer thunderstorms in Ohio will cause between $71.5 million and $84.8 million in insured losses, according to current industry estimates.

Rail v. Pipe Claims

Ken Brownlee, CPCU

Adjusters for both p&c insurance carriers and self-insured industries such as utilities, railroads and pipelines will encounter wide-reaching claims involving hazardous materials in the years to come.
The Great Jewel Heist

Barry Zalma, Esq., CFE

A story involving a scammer and the insurer that denied his bogus claim shows that when the defendant is an insurer, fraud is never easy to establish.

Rapid Access Technology Provides Visual Intelligence after a Disaster

propertycasualty360

EagleView Technologies uses Pictometry Rapid Access Technology to gather post-event imagery within days or even hours of a catastrophic event.
Economic Losses from Deadly Colorado Flooding Will Exceed $2B

Christina Bramlet

EQECAT projects $2 billion in economic losses from the flooding in Colorado last month. Comprising nearly half of that total are property losses.
The Condo Conundrum

Christine G. Barlow, CPCU

Condo policies can be confusing, and both the unit owner and association must adhere to statutes that dictate where coverage is found for certain parts of the building.
Editor’s Picks

Christina Bramlet

Not to be a nagging mother hen, but I must remind you that time is running out to complete this years simple (and short) salary survey.
FSU Model Designed to Better Gauge Tornado Risk

Christina Bramlet

Are tornadoes growing in intensity? What about frequency? A new statistical model may lead to answers.
Analysis of a Train Derailment

Charles C. Roberts, Jr., Ph.D., P.E.

The recent tragedy in Lac-Mgantic, Quebec raises questions about transportation risk, liability and engineering. So why do rails fail?
Five Steps to a Better Fraud Detection Program

James Ruotolo

Though predictive modeling has long been considered a natural fit for claims fraud detection, results have been mixed. To better utilize this powerful tool, insurers must examine past flops and build a stronger defense.

Claims Magazine-October 2013

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