Monday 12 August 2013

This Week's Most Popular: Monday, August 12, 2013

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Claims Journal This Week's Most Popular
August 12, 2013

Top 10 for the Past Week

1.Fingers Point to Different Defendants in Asiana Airlines Plane Crash
Aug 6, 2013 -- While the National Transportation Safety Board (NTSB) continues its investigation, lawsuits are already being filed in the July 6 Asiana Airlines plane crash in San Francisco that resulted in 181 injured passengers and two dead teens. The NTSB ...
2.A Mistake in the Making: How to Eliminate Claims Processing Errors
Aug 7, 2013 -- People at all levels of organizations want quality improvements, but they often don't understand how to make them happen. Processing errors are far from random events. Some processors consistently have higher error rates than others. There are ...
3.Progressive Seeks to Monitor More Drivers as 40% Say No Way
Aug 8, 2013 -- Progressive Corp., the fourth-largest U.S. auto insurer, is searching for the right message to attract customers to its Snapshot product that tracks a person's driving to set rates, Chief Executive Officer Glenn Renwick said. Surveys of ...
4.The Beginnings of Structured Settlements
Aug 5, 2013 -- Currently an estimated $5 billion industry, structured settlements were once considered too risky because tax implications for insurers and claimants hadn't been ironed out. According to Peter Arnold, deputy director of the National Structured ...
5.State by State Look at Driving Rules for Older Drivers
Sep 19, 2012 -- A 50-state look at the varying rules across the nation governing drivers' licenses for older adults. ALABAMA: Licenses are renewed every four years for all drivers, with no additional requirements for older drivers. A legislative committee ...
6.Claims Fraud: A Big Opportunity for Big Data & Analytics
Jul 29, 2013 -- Snapshot: Case Study # 1 Looking to enhance its claims capabilities, a leading auto insurance company decided to adopt Big Data analytics to streamline its subrogation process. Although subrogation is unarguably regarded as the quickest path to ...
7.Man Repays Insurance Money With 4 Tons of Coins
Aug 2, 2013 -- A southern Illinois man paid off a portion of a court-ordered legal settlement with nearly four tons of quarters packed into dozens of bags. Harrisburg resident Roger Herrin was ordered to repay $500,000 in insurance money related to the 2001 death ...
8.Many Renters Are Still Uninsured According to I.I.I. Poll
Aug 5, 2013 -- Although the majority of homeowners purchase insurance for their home, when it comes to renters, only 65 percent have renters insurance, according to a poll conducted for the Insurance Information Institute (I.I.I.). The number of renters is ...
9.Tawana Brawley Begins Making Defamation Payments
Aug 6, 2013 -- A black woman who set off a racial firestorm after claiming she was raped by a gang of white law enforcement officials in 1987 has begun making defamation payments to a man she falsely accused. Tawana Brawley was 15 when she reported being raped in ...
10.Wisconsin Supreme Court Narrows Definition of 'Occurrence'
Aug 7, 2013 -- Public policy and insurance law allow insurance coverage only for fortuitous events and not for harm or loss resulting from intentional acts. To this end, insurance policies provide coverage when an injury or loss is caused by an "occurrence" ...

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