Claims

Modeling firm gauges total insured loss from Japanese quake to be $12-25 billion.

Growth strategies, expense reduction and improving underwriting results top personal lines insurers’ priority lists, Novarica says.

As the reality of devastation and loss of life sink in, some seek to point the finger of blame at technology.

Based on early calculations and modeling conducted by AIR Worldwide, insured property losses from the Mw9.1 earthquake that struck Japan on Friday will range between 1.2 trillion JPY to 2.8 trillion JPY. Using today’s exchange rate of 81.85 JPY to the dollar, this translates to a range of between 15 billion USD and 35 billion USD.

Industry responds as scope of disaster comes into focus.

It is still unclear what the aftereffects will be on the insurance market following the largest earthquake in 300 years in Japan.

Customer-centric module includes collaboration, workflow and diary items for insurers.

Though currently not in heavy demand from consumers, life insurance mobile apps could turn into a necessity in the next two years.

As part of a broader mobility strategy, telematics has the potential to fundamentally transform the customer/insurer relationship.

TransUnion's Insurance Risk Index for Q4 2010 is 0.2% lower than Q4 2009.

INN recalls accomplishments of past honorees, sets date for new meeting.

The services are designed to provide P&C insurers specialty services to enhance their customer claims experience.

P&C agents have their work cut out for them trying to get customers to understand why homeowners coverages cost what they do.

Reinsurer estimates that insured claims, as a result of the earthquake, are between $6 and $12 billion.

Carrier is utilizing Guidewire's InsuranceSuite for underwriting, policy admin, billing and claims.

While carriers have many reasons for slow adoption, 11 life insurers now offer mobile functionality to consumers, according recent research.

Scientists have built a system that lets you steer with your thoughts, but insurers will have a tough time rating drivers.

TST will support A.I.M. Mutual’s mission to provide excellence in workers’ compensation services to Massachusetts and New Hampshire employers.

Product is designed to enable workers' comp claims payers to further drive operational efficiencies and cost containment in their claims operations.

Advanced AI systems like those being developed by IBM sound great, but acquiring such systems is another matter.