Claims

Allstate Files Million-Dollar Insurance Fraud Case in New York

Sales of motor scooters jumped almost 50% for the first three months of 2011.

New research is advancing the notion of remote healthcare monitoring, an obvious plus for health insurers, but social factors may inhibit adoption.

Health insurers overall received a low grade on the American Medical Association’s (AMA) / most recent “National Health Insurer Report Card” (NHIRC). Commercial health insurers have an average claims-processing error rate of 19.3 percent, an increase of two percent compared last year, according to the findings. The increase in overall inaccuracy represents an extra 3.6 million in erroneous claims payments compared to last year, and added an estimated $1.5 billion in unnecessary administrative costs to the health system, AMA says. The AMA estimates that eliminating health insurer claim payment errors would save $17 billion.

The number of lightning claims is down, but the average cost per claim rose 13% from 2009; expensive electronics may be culprit.

The insurer reports "mailing error" sent member name, insurance number, diagnoses codes and descriptions, procedure code and description, prescription name and provider names to wrong addresses.

State Farm sends mobile units to meet with evacuees.

Aon study reveals 4% increase in the average long-term liability claim size.

The number of claims filed with Travelers via mobile devices more than tripled in the first four months of 2011 versus 2010.

State Auto, Travelers and XL Group announce expected losses, ranging from $50 million to $1 billion.

Insurer Expects $240-$290 Million in Cat Losses for April/May

Shelby broaches privatization of beleaguered program at Senate hearings.

Another INN blogger had a different take on Al Gore’s speech at IASA, but in the end, Gore cannot escape the slick image he earned as a politician.

Rule to Tighten EDI Standards in Final Stages

Aflac survey finds that more than half of respondents not prepared to pay for out-of-pocket expenses not covered by major medical insurance.

Agent barricaded himself in agency office; allegedly shoots fraud investigators attempting to obtain information.

Firm acquires São Paulo-based IT services firm to expand its footprint in Latin America.

The thunderstorms that struck the United States from May 20 to 27 will result insured losses to residential, commercial, and industrial properties, as well as automobiles , of between $4 billion and $7 billion.

Core systems renewal and improving the customer experience help optimism hold the lead over pessimism.

New study from Oracle and INN finds that aged IT systems remain operational impediment for insurers.