Monthly Archives: <span>September 2013</span>

Video Highlights Cargo Theft Trends In 2012, it’s estimated that there were an average of two and a half reported cargo thefts each day in the United States. And although the number of thefts have declined in 2013, the monetary …

One in three insurers does not feel adequately protected against fraud, according to a new survey of U.S. and Canadian insurers by FICO, a predictive analytics and decision management software company. Premium leakage and new applications were the most vulnerable …

$2.7 Million The amount of premium fraud tracked by Texas Mutual Insurance Co. in 2012. The company also reported 196 instances of confirmed employee fraud in the same year. The company, which also tracks healthcare provider fraud cases, said it …

The site of a vehicular accident is by all accounts chaotic, with emergency personnel making their way to the scene. Between this response and the subsequent clean-up process, a good deal of potential legal evidence moves, changes or otherwise disappears …

Claims Journal is pleased to publish the 2013 Salvage Vendors Guide, designed to help claims professionals find service providers able to assist in the sale of salvage. For more information on this directory, contact Howard Simkin at hsimkin@claimsjournal.com. Amset Technical …

KKR, Mitchell KKR & Co., a private-equity firm, agreed to buy Mitchell International Inc. from Aurora Capital Group, a Los Angeles-based private-equity firm, in a transaction valued at more than $1 billion, including debt. Mitchell, based in San Diego, provides …

Rollovers have been a big problem for the last 40 years, resulting in one-third (9,000) of the annual automotive fatalities and a comparable number of catastrophic (brain damage and paralysis) injuries from head and neck trauma. The problem has been …

In a major catastrophe – such as Superstorm Sandy – it’s not surprising that some individuals affected by property loss end up unhappy with their insurance provider. But overall, most property insurance customers feel pleased with their claims experience. That’s …

Recent research by a Texas Tech University psychologist suggests that an object’s size affects distance perception, which could explain the basis of car drivers miscalculating motorcyclists’ distance and speed. The regularity of this problem isn’t necessarily a case of poor …

We know nobody’s perfect and accidents happen. But do you know what the most common at-fault accidents are? The more you know, the more you can help your customers to prevent accidents. Out-of-Lane Collision Out-of-lane collision claims happen most often …