Monthly Archives: <span>April 2012</span>

Before and After: Beatles Poster

Value: $3,000 Treatment Cost: $800 The damaged Beatles poster was brought to The Conservation Center due to an impact in which a client inadvertently threw the poster away in the trash. Once recovered, a paper conservator responded to the tears …

Lessons Learned After the Storm

More than half of Americans don’t have a home inventory of their possessions, according to a February 2012 survey from the National Association of Insurance Commissioners. This was highlighted by the many Joplin residents who were underinsured when the tornado …

Tips on Commercial Roofing Evaluations

Commercial roofing is one of the most demanding areas for expertise in the insurance industry today, as there are millions of commercial structures and hundreds of different roofing systems and variations in application. The history of a building’s roof may …

Made-Whole Interpretations Leave Insurers Feeling Empty

There is a growing trend among state courts to interpret the made-whole doctrine in ways that have the potential to make it difficult for insurers to effectively exercise their subrogation rights. In recent years, state courts’ decisions have increasingly created …

Tornadoes

Insured losses from the tornadoes, hail and high winds that struck in late February and early March may climb into the $1 billion to $2 billion range, according to catastrophe risk modeling firm EQECAT. It is estimated that more than …

The Population Cost

Weather events and natural disasters seem to be striking the very core of our population as towns disappear and cities are rocked. Yet what’s the real cause of damages? On March 2, 2012, tornadoes ripped through 10 Southern and Midwestern …

Event Calendar — 2012

April 2012 PLRB/LIRB Claims Conference & Insurance Services Expo The annual conference, offering educational and networking opportunities, offers nearly 100 claims-related sessions in 12 curriculum tracks, including property, casualty, general interest, large loss, property coverage, subrogation, special investigations/fraud, claim management …

Researchers Explore Joplin Residents’ Coping Strategies

The May 22 tornado that hit Joplin, Mo., killed 161 people, and it also affected thousands of others physically and mentally, according to Drury University researchers. The Springfield, Mo., school is analyzing how survivors dealt with the physical, mental and …

Web Exchange

IJ Video Highlights Who Pays for Securities Actions? Directors? Insurers? Michael Klausner, professor of Business and Law at Stanford Law School, has collected data on securities actions, including how many actually are dismissed, how many are settled, and who pays …

People

Cincinnati, Ohio-based Great American Insurance Group promoted Aaron Latto to senior vice president. He will lead the property and casualty group’s corporate claims function and will be responsible for oversight of all U.S. and international claims operations, including execution of …