Waltham, Mass. — Insurers dealing with claims resulting from Hurricanes Gustav and Ike have a free resource throughout the 2008 hurricane season to help them keep track of the emergency regulations and bulletins issued by state departments of insurance. Wolters Kluwer Financial Services has added a "Hurricane Regulatory Alert" section to its Insurance Compliance Solutions Web site, offering insurers summaries and excerpts from the emergency regulations and bulletins all in one location. Also provided are direct links to the regulations and bulletins as they are listed on the Web sites of each state department of insurance.
"After a natural catastrophe, insurers can easily be overwhelmed by the sheer volume of claims that come in," says David Evans, VP and GM of Insurance Compliance Solutions at Wolters Kluwer Financial Services. "On top of that, they must be diligent in watching the various emergency regulations and bulletins that are issued in response to the disaster." Evans adds that the Hurricane Regulatory Alerts make it much easier for insurers to find and access the information they are looking for so they can better serve their customers and remain compliant during a very hectic and demanding time.
Wolters Kluwer Financial Services will continue to add alerts as they arise.
Source: Business Wire
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