July 17, 2014
Insurance software offers companies proficiency, flexibility and the ability to organize their workflow and claims to improve both their company objectives and better serve their customers. The legacy systems tend to prevent companies from adopting the necessary next-generation solutions and …
July 3, 2014
On June 16, 2014, a Virginia man was pulled over by the police for running a red light while driving in a funeral procession. As a result, R.G. Spinner missed his great-grandmother’s burial. The Alexandria police officer pulled behind Spinner …
July 2, 2014
A recent ruling from the Fifth Circuit Court of Appeals clarified that an umbrella policy may be triggered even when the underlying insurance is exhausted by claims that would not be covered by the umbrella policy itself. The case bears …
June 30, 2014
El Paso County Sheriff Terry Maketa says they might never know for sure how Colorado’s most destructive fire – the Black Forest Fire – started. He says smoking, a campfire and a train have all been ruled out as fire …
June 30, 2014
The Hartford appointed Christopher J. Swift executive officer and Douglas G. Elliot president. Liam E. McGee, currently chairman, president and CEO, continues in his role as executive chairman until the next annual shareholders meeting. The company also appointed Beth A. …
June 30, 2014
An adjuster who wishes to transition to a management role should be ready to outline the company’s mission and objectives, said Marty Frappolli, senior director of Knowledge Resources for The Institutes. “For the claims handler who seeks to transition to …
June 30, 2014
When considering a job change, don’t forget about the total package. That’s what a recent survey by the National Association of Insurance Commissioners (NAIC) advises for any American considering leaving their job. The survey found that most people fail to …
June 30, 2014
13 The record low number of boating fatalities for Louisiana in 2013, reported by state wildlife officials. The previous low for boating fatalities was 19 in 1992 with a high of 79 in 1974 — the first year boating incident …
June 30, 2014
On March 22, 2014, a rain storm triggered a landslide in Oso, Wash. Numerous homes were destroyed in the landslide, which resulted in 24 deaths. The landslide created a dam that blocked the river, causing a barrier lake to form. …
June 30, 2014
Personal automobile insurance policies generally exclude coverage when the insured carries a passenger for a fee. The exclusion is usually not a source of controversy. But with the rapid growth of peer-to-peer transportation networks, the personal auto livery exclusion has …