Claims

  • New York - CIGNA Inc. is expanding its on-line pricing data for consumers, the company reports.

    November 29
  • Chicago - The Blue Cross and Blue Shield Association (BCBSA) and Visa USA have agreed to support participating Blue Cross and Blue Shield companies nationwide that are offering their members co-branded debit cards to pay for healthcare related expenses. The Blue-branded Visa debit card will allow customers to pay for qualified medical expenses by providing them with access to their health plan personal savings accounts. The co-branded cards are part of a larger initiative by Blue Cross and Blue Shield to provide consumers with the information and tools they need to make better decisions healthcare for themselves and their families.

    November 21
  • Washington, D.C. - The American Insurance Association (AIA) is urging insurance regulators to go slow in considering a national catastrophe insurance program, affirming support for catastrophe modeling technology but discouraging federal and state governments from storming through private sector business practices.

    November 17
  • New Orleans - McGlinchey Stafford PLLC, a law firm based in the Gulf Coast region, has developed a weblog for companies with business interests in hurricane-affected areas. The blog, found at www.hurricanelawblog.com, features up-to-date information about post-hurricane legal issues, including insurance, real estate, healthcare, environmental, finance and litigation.The blog, which was created in response to client needs, offers businesses a single location to find information regarding legislation, litigation, and regulatory issues in and affecting Louisiana, Mississippi, Texas and Alabama. McGlinchey Stafford's hurricane blog will serve as a central repository for relevant information from both federal and state organizations, legislative bodies and courts.

    November 16
  • Kansas City, Mo. - The National Association of Insurance Commissioners (NAIC) has selected CooperKatz & Co. to promote a major national public education program focused on teaching consumers how to select the right type of insurance coverage to fit their needs and how to protect themselves from buying worthless policies from fake insurance companies."We chose CooperKatz for their broad knowledge of insurance issues and deep experience in consumer public relations," says Catherine J. Weatherford, NAIC executive vice president and CEO. "They demonstrated a combination of solid strategic thinking, outstanding creativity and great enthusiasm to help us achieve our goals."

    November 15
  • Pittsburgh - Highmark Inc., an association of independent Blue Cross and Blue Shield plans, is contributing $26.5 million to The Pittsburgh Foundation, which will use the funds for an electronic prescribing (ePrescribing) initiative.The foundation has created the Highmark eHealth Collaborative to encourage the adoption of health information technology used in patient care in order to improve patient safety and quality while increasing cost efficiency.

    November 15
  • Horsham, Pa. - NextGen Healthcare Information Systems Inc., a subsidiary of Quality Systems Inc. has completed a pilot project with Empire Medicare Services, a fee-for-service Medicare contractor, and the Workgroup for Electronic Data Interchange (WEDI) Foundation to facilitate the use of electronic attachments between a health plan and its providers.The pilot program, which was funded for Empire Medicare Services and WEDI by the Centers for Medicare & Medicaid Services (CMS), tested the use of electronic claims attachments in accordance with HIPAA's transaction code sets, including ANSI 275 and 277.

    November 11
  • Jersey City, N.J. - ISO and claims technology provider First Notice Systems (FNS) have entered into an agreement to deliver a new first-notice-of-loss (FNOL) fraud-detection solution to the property/casualty insurance marketplace.

    November 11
  • Warren, N.J. - Chubb Group of Insurance Companies, Warren, N.J., has released its Business Recovery Planning Guide, a CD-ROM designed to help businesses create site-specific plans. The interactive CD-ROM features revised editable questionnaires and checklists to help companies analyze their current exposures and develop a business-recovery plan.

    November 10
  • In 16 states and the District of Columbia , independent agents and brokers now can go online and quote complex package operations (commercial property and general liability insurance combined) with the same ease as writing a Safeco businessowners policy (BOP). That's because Seattle-based Safeco has fully automated the sale of commercial insurance packages to more than 800 classes of small- and mid-sized businesses.Accounts such as manufacturers, restaurant chains and auto mechanics can be quoted online in as few as 15 minutes, with the first price being the right price, the company claims.

    November 9
  • Boston and Bothell, Wash. - SC-integrity and Lexington Insurance Co., a member of American International Group Inc. (AIG), are working together to encourage motor carriers and shippers to reinforce their risk management activities to concentrate on the issue of cargo theft.SC-integrity, a Web-based technology and data solutions company, and Lexington believe a significant reduction in theft losses can be achieved through a combination of security driven loss prevention techniques and a new cargo theft protection device. Called SC-tracker, the state-of-the-art tracking and monitoring technology is a rechargeable, portable tracking unit that is buried within the cargo and not installed on the trailer, which allowis the cargo to be tracked from point of origin to point of destination remotely over the Web. While in transit, the tracking unit reports its location every 30 seconds for over a week. The monitoring system will immediately notify security personnel if the cargo is being stolen.

    November 9
  • El Segundo, Calif. -- Computer Sciences Corp. has been awarded a contract by the Federal Emergency Management Agency (FEMA), a branch of the Department of Homeland Security, to continue supporting the U.S. federal government's National Flood Insurance Program (NFIP). CSC estimates the value of the contract, which has a three-month base period and two one-year options, to be approximately $35 million if all options are exercised.This new agreement follows and is incremental to a contract signed with FEMA in 1999 under which CSC provides training, consultation and analytical support services.

    November 3
  • McClean, Va. -- Insurance companies that have not already implemented business process automation technology, including straight-through processing, integrated client information systems and service-oriented architecture (SOA) for customer service and administration functions, can improve efficiency by doing so. That's according to a report, titled "How To Create A Platform for the 21st Century Insurance Firm," released by BearingPoint Inc. a global management and technology consulting firm.In fact, the resulting increase in efficiency and productivity can mean greater capacity and as much as 30% costs savings contributing to overall better profitability, according to BearingPoint.

    November 2
  • With new research from the Insurance Institute for Highway Safety, Arlington, Va., finding that drivers using cell phones are four times more likely to get in a crash serious enough to injure themselves, auto insurers are beginning to educate drivers about the risks of driving while talking on cell phones.Dan Cohen, a spokesperson for 21st Century Insurance Group, says the study underscores the need for insurance companies to encourage their clients not to drive and call at the same time.

    November 1
  • Offloading non-core functions to an outsourcer, and thereby relieving your company of the responsibility of maintaining expensive equipment and escalating personnel costs, is increasingly seen as not only a viable option but in many cases the best or most logical way to go.The Robert Plan Corp. (RPC), an auto insurance carrier and underwriter specializing in urban automotive markets, was facing such a choice several years ago.

    November 1
  • From pumping your own gas to checking your luggage and getting a boarding pass at the airport, self-service is becoming the name of the game in our economy.For the insurance industry, which has long had a reputation for providing personalized service-from the agent through the claims adjuster-transitioning to the self-service world can require an adjustment in thinking.

    November 1
  • Seattle - PEMCO Insurance, provider of auto, home, boat, life, and umbrella insurance to Washington state residents, has launched a teen drivers Web site designed to educate parents, teachers, and teens about the dangers young drivers face. The Web site can be found at http://www.pemco.com/teen_driver/index.asp."Teens have the highest car-crash death rate of any age group," says PEMCO spokesperson Jon Osterberg. "The main reason is, they're inexperienced drivers, and only experience can sharpen their skills. PEMCO wants to help teens grow into experienced, safe drivers."

    November 1
  • John Hancock Financial Network, a subsidiary of John Hancock Life Insurance Co., Boston, Mass., has signed a three-year renewal agreement with Financial Profiles, a Carlsbad, Calif., provider of financial advice software, consulting, training and support services, to use its industry standards planning software.

    November 1
  • Chapel Hill - Blue Cross and Blue Shield of North Carolina (BCBSNC) has made its eInfoNOW tool available to all local and national self-insured employer groups. eInfoNOW(SM) is an online reporting tool that enables employer groups to track claims utilization data and to perform data analysis.Having this capability enables BCBSNC and the employer to tailor insurance plans to meet the specific health needs of each employer group, according to John Friesen, BCBSNC's vice president and chief actuary of Actuarial and Underwriting.

    October 26
  • Ipswich, Mass. - In a report that analyzed 47 health care, life and health, and property & casualty insurer Web sites, the insurance industry slipped slightly in its Customer Respect Index (CRI), according to The Customer Respect Group, Inc., an Ipswich, Mass., research and consulting firm that focuses on how corporations treat their online customers. The findings, from its Fourth Quarter 2005 Online Customer Respect Study of Insurance firms, represent the fifth such study conducted on insurers.

    October 24