January 29, 2007
Transitional duty assignments, return-to-work goals, regular communication, information gathering are all part of a solid program When helping contractors and subcontractors reduce their workers’ compensation costs, focus on four key elements: accurately determine the cause of the high costs, improve …
January 29, 2007
Nearly one out of every five customers considers switching insurance companies after a collision claim, according to a new the J.D. Power study. “Filing an insurance claim is a critical moment of truth that shapes a customer’s overall perception of …
January 29, 2007
Financial analysis and actuarial services firm Demotech, Inc. has been designated an official Research Partner of Insurance Journal. The Columbus, Ohio-based company will provide research, actuarial and statistical support for the Insurance Journal editorial team and participate in joint reports …
January 29, 2007
Insurer then settles next case without going to trial; U.S. Rep. Taylor calls for Congressional probe of industry claims practices In a Hurricane Katrina claims decision watched closely by the insurance industry, a federal judge in Mississippi ruled that State …
January 29, 2007
Two large insurers defended their decision not to tell customers about their less-than-perfect credit, as the Supreme Court debated the legal standard for finding the companies liable under federal law. During an hour of argument, several justices seemed taken aback …
January 29, 2007
>Insurers delivered strong results for 2006; now the question becomes can they remain disciplined? Property casualty insurance industry earnings may have peaked in 2006 but that doesn’t mean 2007 will see a reversion to reckless price cutting and relaxed underwriting, …
January 29, 2007
Developing an insurance proposal for a prospective insured is a costly endeavor. Even a liability-only auto quote requires a major pre-investment in advertising, automation, carrier relations, education, licensing, office space, phones, staff, supplies, and more. Everyone in the office must …
January 29, 2007
Stock Prices: Commercial insurers breathed a sigh of relief in the fourth quarter as the 2006 hurricane season officially ended with only minor losses, a dramatic contrast from a year ago. Insurers’ stock prices reflected the calm hurricane season, benefiting …
January 29, 2007
Introduced 10 years ago, cyber liability insurance has become a much-discussed and popular coverage Beginning a New Year provides an opportunity to reflect on challenges and threats in the insurance industry, and there is one trend that will undoubtedly continue …
January 29, 2007
Plentiful programs target law firms based on size, areas of practice, geographic location and clams history Every day hundreds of thousands of lawyers throughout the U.S. provide legal advice, depose witnesses, prepare and file various legal documents, negotiate contracts and …