Blog | Claims

BlueWave President on Insurer's Claims Wants
January 03, 2012 @ 12:22 PM | By Nathan Golia

Alyssa Hostelley discussed with I&T items on BlueWave customers' wish lists before her company was acquired by Cover-All at the end of the year.

continued...
Comment on this blog entry


3 Ways Insurers Will Compete on Data in 2012
December 22, 2011 @ 11:18 AM | By Anthony O'Donnell

Insurance has always been driven by data, and advances in the circulation and analysis of data will start showing their potential to change the industry by leaps and bounds.

continued...
Comment on this blog entry


Drawing the Line Between Fraud and Abuse in PIP Claims
December 16, 2011 @ 19:27 PM | By James Ruototo, SAS

Many organizations who focus exclusively on hard fraud may be hampering their proactive detection capabilities.

continued...
Comment on this blog entry


4 Reasons 2011 Was a Unique Year for Catastrophe Events
December 16, 2011 @ 12:32 PM | By Nathan Golia

CoreLogic research provides context to the raw numbers. A company executive tells Insurance & Technology what it means for carriers.

continued...
Comment on this blog entry


Earthquake Perspective on the Anniversary of the New Madrid Quakes
December 16, 2011 @ 10:56 AM | By Anthony O'Donnell

Bearing in mind RMS's estimates of the potential damage caused by a 6.0 quake at the New Madrid zone, it's chilling to think what a much bigger quake would mean.

continued...
Comment on this blog entry


Mythbusters Cannonball Accident: Insurance Risk Mitigation Failure?
December 09, 2011 @ 11:27 AM | By Anthony O'Donnell

Mythbusters sent a 30-pound cannonball into a residential neighborhood, destroying property but, happily, not killing anybody.

continued...
Comment on this blog entry


Irene, Joplin Loss Estimates Still Rising
November 28, 2011 @ 12:33 PM | By Nathan Golia

Reports this week remind carriers that the true cost of a catastrophe can't be known until weeks have past.

continued...
Comment on this blog entry


Concerns Persist on Insurance Company Social Media "Spying"
November 17, 2011 @ 12:17 PM | By Anthony O'Donnell

Some people out there understand insurers' actions, but carriers need to do a better job of communicating the impact of fraud to the general public and honest policyholders in particular.

continued...
Comment on this blog entry


Not Going Quietly: More Tornadoes Hit US South
November 17, 2011 @ 08:33 AM | By Nathan Golia

Several states were hit in an outbreak mirroring one at the beginning of tornado season.

continued...
Comment on this blog entry


'Halloween Irene' Just Latest Entry in Freakish Catastrophe Year
October 31, 2011 @ 10:34 AM | By Nathan Golia

It may not be the most expensive event of 2011, but the pre-Halloween snowstorm that walloped the East Coast is another reminder that such incidences don't follow the models.

continued...
Comment on this blog entry


Insurance Fraud Fighters Accused of "Snooping" on Facebook Accounts
October 14, 2011 @ 11:32 AM | By Anthony O'Donnell

Insurers need to navigate privacy and public relations problems when examining newly available data sources for fraud, and on a practical level they need to discard manual approaches for Big Data-style automated analysis.

continued...
Comments(3)


Direct to Fraud: Applying Analytics to the Fraud Challenges of the Direct Insurance Channel
October 10, 2011 @ 16:42 PM | By James Ruotolo, SAS

As insurers continue to expand into the direct Internet business, having analytical anti-fraud capabilities is no longer a luxury but a necessity.

continued...
Comments(1)


Labor Day Weekend Catastrophe Roundup
September 06, 2011 @ 12:29 PM | By Nathan Golia

An active year for catastrophe events didn't take any time off for the holiday weekend.

continued...
Comment on this blog entry


Could the Insurance Industry Do What NOAA Does?
September 02, 2011 @ 11:48 AM | By Anthony O'Donnell

If NOAA were seriously underfunded, could the insurance industry and others fund the equivalent of the Hurricane Hunters and other vital services?

continued...
Comment on this blog entry


Dispatch from High Hurricane Season: Katia Qualifies, Northeast U.S. Still Underwater
September 01, 2011 @ 11:18 AM | By Anthony O'Donnell

Overhyped or not, Irene added meaningful catastrophe losses to the 2011 tally and we're far from out of the woods as September begins.

continued...
Comment on this blog entry


Irene Shows Why More People Should Consider Flood Insurance: Deloitte's Mills
August 30, 2011 @ 13:14 PM | By Nathan Golia

While much of the talk around Hurricane Irene focused on potential wind and storm surge damage to the five boroughs of New York City, rain from the storm flooded upstate rivers and streams causing heavy — and potentially uninsured — losses.

continued...
Comment on this blog entry


'Tale of Two Counties' Shows Value of Preparation
August 29, 2011 @ 12:21 PM | By Nathan Golia

For me, Westchester County was a safe haven during Irene. Others weren't so lucky.

continued...
Comment on this blog entry


Va. Earthquake Spurs Discussion Over Insurance
August 24, 2011 @ 11:39 AM | By Nathan Golia

After a relatively minor temblor spooked residents of the densely populated Boston-Washington corridor, consumers may begin to take this risk seriously.

continued...
Comment on this blog entry


Despite Preparation, It's Hard to Avoid Hurricane Losses
August 23, 2011 @ 11:51 AM | By Nathan Golia

In a post-Katrina world, hurricane losses aren't defined by how unprepared we are, but rather through the lottery of storms' paths.

continued...
Comment on this blog entry


In Which U.S. State are 5 of the Top 10 Tornado Risk Metro Areas?
August 16, 2011 @ 12:21 PM | By Anthony O'Donnell

The ability to predict where tornadoes are more likely to strike becomes more attractive in a year that has seen over 1200 of the funnel clouds and over $1.1 billion in property damage. What state do your underwriters think has more high-risk zones?

continued...
Comment on this blog entry



| By

continued...
Comment on this blog entry