Claims

Torus, a specialty insurer, has implemented Guidewire Software’s ClaimCenter, a claims management system.

According to a new study from the Highway Loss Data Institute (HLDI), the extra weight hybrid vehicles carry around because of their battery makes them safer. In fact, the study found that the odds of being injured in a crash are 25 percent lower for people in hybrids, when compared to conventional fuel models.

As technology evolves, it may be that smartphone-toting field personnel are capable of doing their job anytime, anywhere.

In the wake of the savings and loan crisis of the 1980s, insurers and bankers feuded over directors and officers' liability policies. At issue: whether D&O policies covered claims brought by the Federal Deposit Insurance Corporation against a failed bank's officers. Years of messy litigation failed to settle the question conclusively, and insurers responded by tightening their policies with ironclad exclusions of future FDIC claims.

Late yesterday both houses of Congress passed a continuing Resolution which provides for a 30-day extension of the National Flood Insurance Program. The program is now set to expire on Dec. 16, 2011.

People in Portland, Ore. are mad as hell at distracted drivers and they’re not going to take it any more, according to a poll conducted by PEMCO Insurance. The problem is: some of those same drivers admit to the driving-while-distracted behavior, violating safe driving laws on a regular basis.

As President Obama grapples with a complex series of geopolitical issues during his state visit to Australia, he can take solace in the knowledge that his family will be provided for if he is attacked by a man-eating crocodile.

With catastrophe damage creating insured losses across the country, property and casualty insurance carrier results suffered in the first half of 2011.

State Farm Insurance has put a new spin on why people living in the United States should be grateful this Thanksgiving—they are less likely to be burned or have their homes catch fire as a result of cooking a turkey.

A group of 13 U.S. Senators are questioning a provision of the Flood Insurance Reform and Modernization Act of 2011 that would require homeowners and businesses to purchase coverage from the National Flood Insurance Program (NFIP).

The carrier is looking to fill 100 positions in its Dallas office by February of next year.

In letter to Sec. Sebelius, governors say tight timetable, funding issues may impact some states’ abilities to comply.

IIHS Evaluates Minivan Safety

Recent snow storm along the East Coast quickly reminds industry that snow- and ice-related damage caused more than $2 billion in claims payouts in 2010.

MMIC Group, Inc., a Midwestern medical liability insurance company, introduced Cyber Solutions today, which is designed to provide comprehensive coverage for data breaches, invasions of privacy and other risks to the information technology systems of physicians and hospitals.

Auto-Owners Insurance, State Farm, Amica Mutual, American Family and The Hartford score above industry average in the 2011 survey.

Allstate’s Claim Prediction Crowdsourcing

AXA stands out in claims, underwriting, accounts and overall satisfaction; other six found performing beneath approval benchmark.

As dramatic rescue efforts across eastern Turkey continue 3 days after Sunday's 7.2 magnitude earthquake, the insurance industry is engaged in the more quotidian task of tallying its losses.

Allstate Winces at Cat Losses