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Dan Pitcher, CPCU, Ajoy Kumar Palanivelu
Application submissions are one of commercial underwriting's biggest time sinks. Most quotes are a jumble of formats and paperwork that keep underwriters from getting to more important tasks like risk analysis.
Michael H. Boyer
Questions frequently arise as to the true cause of losses, the extent of the alleged loss, the insured's representations during the investigation as to ownership, and the documentation submitted in support of the claims.
Dennis Jay
Dodgy insurance claims for thousands of injured drivers and passengers flooded auto insurers during a reign of error by a Russian-American crime ring working the New York City area. Mikhail Zemlyansky masterminded the largest no-fault auto scheme ever charged and New York's streets must have seemed like a giant bumper-car...
Barry Zalma, Esq., CFE
Insurers have the right to limit their risk by placing warranties in their policies that state if the warranty is breached the policy is void as of the breach. They are rarely used.
Ken Brownlee, CPCU
With the states in turmoil over gay marriage, just who is a spouse if one was married in a state allowing gay marriage, but had a claim in a state that did not recognize such marriages? It was one of those fickle pickles of insurance policy language.
Tom Paradise, Esq., Nicolette John, Esq.
Be careful what you post on Facebook. It could be used against you in the future.
Douglas Karpp
Employee theft is a constant threat for all business. It doesn't matter if the organization is big or small, public or private, all are vulnerable.
Erin E. Harrison
As pressure to strengthen defenses against security breaches increases, organizations are in a race against the clock to shore up their resistances. Given…
Patricia Harman
Insurers write close to $1 trillion in insurance premiums each year according to the FBI that's a lot of risk management and a huge opportunity for some claimants to take advantage of an insurance company. Fraud comes in all shapes and sizes. Non-healthcare related fraud runs well over $40...
Jeffrey G. Rapattoni, Esq., James Hulett
The business of insurance is constantly changing and evolving. As society grows and trends in differing directions, so too must the insurance industry read and react to what goes on around it.
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Copyright © 2023 ALM Global, LLC. All Rights Reserved.
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