Commercial insurance prices increased by 5% in aggregate in 2013s third quarter, says Towers Watson, but the risk consultant forecasts the hardening trend will taper.

Editors Note: In the second of our three-part series, we examine the review and processing phase of a vehicle accident claim and explore best-practice patterns. To access the first part, which focuses on the initiation phase, visit PropertyCasualty360.com/claims.

In the past 10 years we have reached new heights in social medias creativity and interaction. And now, thanks to hugely popular crowdsourcing sites, collaborative interaction toward shared success will move social media forward.

A midsized community can reduce hail damage by up to 20 percent by adopting and enforcing often-overlooked building codes, says a new report by the Wharton Risk Management and Decision Processes Center.