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.

New York City may have been caught off guard by Superstorm Sandy, but Mayor Michael Bloomberg has responded by proposing an ambitious, multi-decade plan that would put an estimated $20 billion toward protecting the city against disastrous weather events going forward.

JM Associates/Burnham + Co., a Division of HUB International Northeast, partnered with The Hartford to create a general liability program for elevator contractors, inspectors, consultants (excluding E&O), manufacturers and distributors. Here, Vice President John Tateossian discusses the programs origins, how it is administered and the complex exposuresand necessary coverfor those...