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Outsourcing Claims Employees: Automatically Cheaper, Faster, Better?

propertycasualty360 | January 28, 2011

Every quarter when I look at the combined operating ratio results for the P&C claims industry, I see a constant problem: increasing loss adjustment expenses.

Progressive Forms Technology Advisory Board to Assist Agents

propertycasualty360 | January 28, 2011

Progressive, with a sales force of over 30,000 independent agents, has formed a technology advisory board for agents.

Congressional Commission Spreads Financial Crisis Blame Around

propertycasualty360 | January 27, 2011

The Financial Crisis Inquiry Commission placed American International Group at the “center” of the financial crisis that started in 2008 and continues to bedevil the country.

Swiss Re: Public-Private Partnerships Can Ease Nat Cat Budget Burdens

propertycasualty360 | January 27, 2011

Public-private partnership solutions can substantially ease the financial burden natural disasters put on government budgets as evidence mounts that the burden is growing beyond some nations’ abilities to pay, according to a report from Swiss Re.

Wisconsin Ambac Assurance Rehab Plan Gets Court Approval

propertycasualty360 | January 27, 2011

The Wisconsin Office of the Commissioner of Insurance (OCI) said its plan to rehabilitate Ambac Assurance Corp., a Wisconsin subsidiary of New York-based bond insurer Ambac Financial Group, has been upheld by a circuit court judge.

CHSI, Systema Announce Alliance to Serve Policy, Risk Pool Markets

propertycasualty360 | January 27, 2011

CHSI Technologies, a provider of policy administration software, and Systema Software, a provider of workers’ compensation, and property/casualty claims administration technology, announced they have entered into a strategic alliance agreement.

Catlin Arctic Survey To Examine Climate Change Impact On Ocean Currents

propertycasualty360 | January 27, 2011

Catlin Group Limited said its 2011 Arctic Survey will focus on changing conditions in the Arctic Ocean that could alter currents that influence the prevailing climate of Europe and the East Coast of North America.

Tapping Business Transaction Management to Lower Operational Expenses in Insurance

propertycasualty360 | January 27, 2011

A lack of market differentiators in the insurance realm makes it easier for individuals to switch companies without many material changes in service. Other than cost, customer service and fast processing are the prime differentiators that can make the difference between solid customer retention or an outpouring of customer attrition....

Report: Only ‘Market-Shifting’ Event Will Turn Market In 2011

propertycasualty360 | January 27, 2011

The continuing soft market and compliance issues will remain front and center for buyers in 2011, not just in the United States, but globally, according to a series of reports issued by insurance broker Marsh.

Pennsylvania Anti-Fraud Campaign Proves Effective

propertycasualty360 | January 27, 2011

A statewide campaign to raise awareness about fraud is proving effective according to one study's results.

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Outsourcing Claims Employees: Automatically Cheaper, Faster, Better?

Progressive Forms Technology Advisory Board to Assist Agents

Congressional Commission Spreads Financial Crisis Blame Around

Swiss Re: Public-Private Partnerships Can Ease Nat Cat Budget Burdens

Wisconsin Ambac Assurance Rehab Plan Gets Court Approval

CHSI, Systema Announce Alliance to Serve Policy, Risk Pool Markets

Catlin Arctic Survey To Examine Climate Change Impact On Ocean Currents

Tapping Business Transaction Management to Lower Operational Expenses in Insurance

Report: Only ‘Market-Shifting’ Event Will Turn Market In 2011

Pennsylvania Anti-Fraud Campaign Proves Effective

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