Pre-accident health status and earnings form the foundation of damages quantification in personal injury claims.
Consolidation is a fundamental part of today’s property and casualty insurance industry. Recently, there has been a surge of merger and acquisition (M&A) activity in the marketplace. ACE Ltd’s ‘s $28.3 billion proposal to purchase The Chubb Corp., announced in…
After initially focusing on underwriting and pricing, many insurance companies have expanded their view of data analytics to loss management. The claims handling process represents a rich area for data modeling tools that can provide better insight into everything from adjuster assignment and operational efficiency to fraud detection and subrogation. How does data analytics fit into the claims management process for insurers – and adjusters?
An oil spill case shows the consequences of not naming an additional insured on a policy
Negligent disclosure of natural hazard risks can pose future liability.
A national overview of personal injury cases
Ray Proctor says that Toronto-based Pinnacle Adjusters Group’s business model stems from a simple promise – “exceptional adjusting at a reasonable rate.”
Wearable technology. Driverless cars. Home systems (heating, air conditioning or locks) remotely controlled by sensors. It’s getting more and more challenging to keep up with the pace of modern technology. Many veteran adjusters may remember such antiquated processes as hand-written…
En raison des technologies vestimentaires, des voitures sans conducteur et des systèmes domestiques (comme le chauffage, l’air conditionné et les serrures) commandés à distance par l’entremise de capteurs, le rythme difficile à suivre de la technologie moderne représente un problème…
The notion that insurers can better control their claims/indemnity spend through streamlining, cost cutting and efficiency initiatives has gained momentum in Canada in recent years. Many insurance companies are finding ways to plug financial “leakage” in claims handling – a term not always popular with claims managers. Independent adjusters understand the reasons behind this focus on costs, but caution that a proper approach to claims adjudication should prevail.
Pollution resulting from fire is not necessarily subject to insurance exclusion, says B.C. Court.
New technologies, such as location-based intelligence, are helping insurers mitigate catastrophe risk.