Claims

Carrier to continue focus on claim-handling, settlement service to its Lloyd’s market clients.

New Towers Watson survey, which queried 69 P&C insurers in the U.S. and Canada, found 85 percent of respondents saying they use or are planning to use predictive modeling.

Insurer steps forward with mobile image capture technology for the iPhone designed to facilitate accurate, real-time auto insurance quotes and bind coverage.

The Independent Insurance Agents & Brokers of America's Big “I” Professional Liability Program and Swiss Re Corporate Solutions have launched a risk management website, E&O Happens.

With all the tools and technologies at our disposal, isn’t it just good sense to hold clients’ contractually accountable for known risk management prevention efforts?

Customer satisfaction holds steady despite increase in amount of time needed to repair vehicles, J.D. Power study finds.

Arbitration Forums, Inc. processed nearly 520,000 claims disputes valued at more than $2.4 billion in 2011. More than 85 percent of inter-company arbitration disputes involve auto collisions.

P&C insurer looks to incorporate more technology into its business processes in response to increasing mobile demands.

Closing the day at $17.12 a share, property/casualty vendor’s CEO Marcus Ryu tells INN what’s next.

Widespread droughts, flooding along the Mississippi River and deep freezes across the South combined to catalyze a record year for crop insurance claims.

The use of GPS technology by SIU teams may be moot when looking at how proactive improvements in the claims arena may make a bigger difference.

To model for natural disasters, insurance companies rely on modeling expertise from firms such AIR Worldwide, RMS and EQECAT. New report from AIR Worldwide casts critical eye on predictive models.

Vendor offers system designed to increase consistency and automation of claims payments for health care payers.

Who's Buying What: Carrier turns to NetReveal, an insurance claims fraud prevention service from BAE Systems, to standardize its processing, workflow and reporting of potential claims fraud across the company's global business units.

Persistent economic, social and environmental risks are conflating to menace insurers.

Claims severity is also on the rise, but trend between profit and non-profit types of organizations is narrowing.

Chartis has named Murli Buluswar its new Chief Science Officer, a newly created position responsible for establishing research and development operations that enhance the insurer’s global commercial and consumer business strategies.

Propertycasulaty insurers got some more bad news this morning, this time from Ernst & Young, which predicted their ongoing struggle to succeed against a tide of further economic ills.

OpenSpan Inc., a provider of business process analytics, optimization and automation solutions, has signed a definitive agreement to acquire Triangle BPA LLC. The acquisition follows a year-long partnership between the two companies. OpenSpan has secured rights to intellectual property for Triangle BPA’s health insurance payer claim automation tools and techniques and is adding key senior staff to the OpenSpan executive team.

The U.S. Department of Health and Human Services has issued an interim final rule to require adoption of standards and operating rules for electronic funds transfer and remittance advice HIPAA transactions.