Every fraud investigator or lawyer advising an insurer on a potentially fraudulent claim is faced, at the end of an investigation, with the need to determine whether there is sufficient grounds to
This is almost laughable, it is so obvious: "Business income can be confusing, to say the least." One of the FC&S expert analysts wrote this in August's FC&S Dec Page, which lets its users know what
If you are an insurer who is using direct repair providers or third party administrators to settle automobile damage claims, please take note. Recently, I conducted a survey comparing desk audits by
Professional water-damage restoration is a complicated business, requiring a careful, scientific approach with frequent monitoring of relative humidity, temperature, and moisture readings of contents
Although damage from August's Hurricane Charley was still being assessed when this issue of Claims went to press, preliminary estimates of insured losses were just over $7 billion, making it the
The 2005 hurricane season has shown that you can never plan too much. Widespread human suffering, including massive displacement of a population center compounded by near total destruction of
One evening a couple of months ago, our niece called with a claim problem. It seems that her sister was involved in a collision on a bridge over Tampa Bay. She had stopped for a traffic jam and was
The president of a fraud detection and risk management firm, who previously gained prominence investigating public construction fraud, said insurers and their clients are losing vast sums on private b
According to the Insurance Information Institute, insurance industry leaders at its 10th annual Joint Industry Forum concluded that rigid restrictions are keeping rates artificially low and promoting
In an ideal world, every property and business owner would have a disaster recovery plan to ensure a straightforward restoration. The truth is that, even with a plan of action, multiple unexpected