Claims Resolution Management Corp., a Fairfax, Va.-based firm specializing in claims resolution, reports that users of e-Claims, an interactive, Web-based claims filing, processing and payment system for trusts, law firms and companies handling asbestos and other toxic torts, have achieved a 95.86% accuracy rate. Of the nearly 8,500 asbestos claims CRMC audited, less than 350 required modifications. E-Claims works by analyzing responses by certified users to questions regarding a claim and its supporting documents, comparing the claim to pre-established medical and exposure criteria, and assigning the highest categorization for which the claim is eligible. If medical submissions are required, the request is posted to a law firm-specific message board for review. As soon as the additional information is received, the offer is completed. Users can either accept or reject the offer. The company's Web site is www.claimsres.com.
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Rob Evans, director of Claim Process Technology at Broadspire shares about data analytics and artificial intelligence.
September 15 -
A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.
September 15 -
In the wake of major losses like wildfires or hurricanes, parametric insurance can expedite payments for faster policyholder recovery.
September 15Recoop -
Insights from Verisk and the APCIA reveal underwriting profitability despite high first quarter losses.
September 14 -
Sandy Ball, chief people officer at Aspida, spoke with Digital Insurance about hiring and retention.
September 14 -
Larger states are more likely to have funds for prevention of natural disasters and responses to these events, says Chip Merlin, an attorney who represented Hurricane Katrina survivors.
September 11