Monthly Archives: <span>April 2014</span>

What Causes Wildfires? People, Brush and More

Spring’s not even over and already wildfires have raged in California, New Mexico and Oregon this year. A bulletin issued by the National Interagency Fire Center forecasts above normal fire potential from for April to June 2014 in western states …

Evolving Considerations for Insurance and Cyber Risks

In a recent decision, a New York judge held that a commercial general liability (CGL) policy did not provide coverage for an online data breach where hackers stole the personal information of millions of users. The case remains subject to …

Lost & Found: The Recovery of Stolen Art

As long as art and artifacts have been viewed as precious, beautiful and valuable, there have been people willing to take risks to steal it for themselves or others. In recent years, these robberies are making headlines. One of the …

2014 Wildfire Predictions

The current drought conditions combined with the lack of burn from last year will likely increase the number of wildfires this year. “2012…was close to a record-setting year in terms of total acreage,” said Dr. Tom Jeffery, senior hazard scientist …

In the Era of Information, Insurers Must Understand the Cross-Section of Claims and Data

The value and impact of data could not be any more present, and important, in each of our lives today. From Google to Facebook and even IBM’s development of “Watson,” data and intelligence are quite literally changing our world. The …

Property Claims Satisfaction Continues to Improve

Overall satisfaction among homeowners who filed a property claim improved for the second consecutive year, according to the J.D. Power 2014 Property Claims Satisfaction Study. The study, now in its seventh year, measures satisfaction with the property claims experience among …

Questions to Ask in Cases Involving Leases, Rental Agreements and Other Contracts

In many subrogation cases, the recovery specialist is confronted with one or more “writings,” including a lease, rental agreement or other type of contract, containing various provisions which may affect the recovery rights of a subrogating insurer. Below are a …

Computer Program Could Help Spot Pain Fakers

A joint study by researchers at the University of California, San Diego, the University at Buffalo, and the University of Toronto has found that a computer vision system can distinguish between real or faked expressions of pain more accurately than …

Business Moves

LWG Consulting LWG Consulting launched a new Mexico subsidiary, operating as LWG Consulting Mexico, S.A. de C.V, based in Mexico City. The new location will focus on providing property loss investigation, failure analysis/damage assessment and litigation support to insurance carriers, …

People

Allianz Global Corporate & Specialty SE, the industrial and specialist risk insurer of Allianz Group, has created a new chief claims officer position on its management board, appointing Alexander Mack to this role. Mack, who is based in Munich, Germany, …