Insurance carriers have made an unprecedented investment to improve the integrity of their claims systems and processes. This transformation started in the US over 15 years ago with the original goal of improving financial accuracy, financial control, upgrading legacy technology …
Twenty miles may have made a $150 billion difference. Estimates for the damage Hurricane Irma would inflict on Florida kept mounting as it made its devastating sweep across the Caribbean. It was poised to be the costliest U.S. storm on …
Insurance adjusters are bringing more drones with them than ever before as they head to Texas to assess the damage from Harvey. Companies are using the drones on a much larger scale to record images, save time and spare human …
Insurance companies have closed 87 percent of the 18,193 insurance claims filed in Beaufort County in the aftermath of Hurricane Matthew, resulting in a payout of more than $159.3 million. News outlets report that South Carolina Department of Insurance Director …
State officials say insurance claims have topped $842 million in the deadly eastern Tennessee wildfires that burned thousands of buildings. The Tennessee Department of Commerce and Insurance provided the number to the Knoxville News Sentinel. The department says as of …
Officials at a Pennsylvania hospital say a July air conditioning malfunction that pumped humid air into operating rooms cost the hospital an estimated $13.5 million in damages. LNP newspaper reports that figure doesn’t include the price to repair the failed …
A vase can be worth under .50 cents or over $50 million These days just about every household has some sort of porcelain, whether it’s as a collectible, dinnerware or holiday ornament. And it is one of the most intriguing …
Some school districts have started getting bills over the past couple of weeks to help offset insurance claims against the failed Kentucky School Boards Insurance Trust. The trust announced last year that it would disband due to financial woes and …
A Tennessee State Comptroller’s report has found that the amount of money stolen from Tennessee counties outpaced the amount recovered in fiscal year 2013. The Tennessean reports counties began the last fiscal year with more than $563,000 in unrecovered cash …
VFM Services, a provider of insurance claims fraud screening techniques to UK insurers, launched it’s product, Conversation Management, in Canada. Its New ERA training program, accredited by the UK’s University of Portsmouth, delivers conversation management skills needed by investigators to …