Claims

Adopting social media for business purposes is all the rage among journalists and analysts, but on the ground, it has yet to achieve traction in insurance.

On day two of the INN Newscast covering the 2011 ACORD LOMA Insurance Systems Forum, Shane McCullough, ACORD’s chief enterprise architect in charge of ACORD’s Framework initiative, shares how standards users can benefit from the Framework’s latest advancements.The INN Newscast team also takes a peek inside a couple of sessions that take a realistic look at the upside—and the downside—of emerging technologies.Finally, insurance carrier attendees identify their top technology initiatives for 2011.

Platform to connect agents with consumers, deliver speed-to-market advantages.

Vertafore, BOLT Insurance Agency among companies recognized in annual ranking.

Guidewire solution designed to reduce manual billing processes, provide weekly enhancements.

The 2011 ACORD/LOMA Systems Forum began Sunday with vendors concentrating on familiar themes, but also placing more emphasis on mobile tech than in previous years.

Insurance Networking News is proud to present its INN Newscast. This special video edition brings you exclusive coverage from day one of the 2011 ACORD LOMA Insurance Systems Forum in San Diego.Broadcast includes: • LOMA SVP Jeff Hasty discusses the life and annuity industry’s current challenges.• Monique Hesseling, head of personal lines/small commercial segment development for Zurich and the chairperson of the ACORD Standards Committee, breaks down the organizational changes at ACORD and what this means for insurers. • Attendees answer the question: Where within your own organization have you seen the most benefits from standards use? 

Solution designed to more effectively manage claims and identify fraudulent activity.

Plaintiffs allege medical treatment was wrongfully denied by USAA.

Of the many claims that U.S. property insurers reported in 2010, electronics, jewelry and apparel top the list.

insurance, claims, losses, disaster recovery, Chubb, Japanese catastrophe

New report foresees double-digit growth in the use of business process outsourcing by insurers.

With hurricane season yet to come, P/C insurers have already taken their lumps.

Physical damage solutions to be provided through Mitchell’s WorkCenter Total Loss.

The Centers for Disease Control and Prevention analyzed the costs of auto crash deaths by state; finds that half of all costs come from just 10 states.

Insurers applaud House Financial Services Committee’s vote but bill still faces several hurdles before it becomes law.

Solution designed to support productivity, efficiency, customer service and claims payment accuracy.

New Milliman survey says healthcare costs for average American family have doubled in past nine years.

During the month, Allstate deployed more than 3,000 claims professionals to assist with more than 100,000 claims.

The recent storm surge affecting great swaths of the nation has placed the onus on carriers to demonstrate superior customer service with swift claims handling.