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property claim services

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Property Insurance Loss Distributions
Property claim services PCS provides indices for losses resulting from catastrophic events. This paper in detail deals with a study which presents these indices and takes a closer look at distributions underlying insurance claims. Surprisingly, the lognormal distribution seems to give a better fit than the Paretian one. Moreover, lagged...
Tags: Distribution, Reed Elsevier Inc., Indice, Property Insurance, Property Claim Services, Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance
White papers 2000-07-12

Additional Resources

Preliminary estimate puts insured losses from Hurricane Katrina at $34.4 billion: ISO property claim services.
M2 PRESSWIRE-5 October 2005-ISO: Preliminary estimate puts insured losses from Hurricane Katrina at $34.4 billion: ISO property claim servicesC1994-2005 M2 COMMUNICATIONS LTD RDATE:05102005 London, UK - Hurricane Katrina is expected to cost U.S. property/casualty insurers an estimated $34.4 billion in insured...
Tags: catastrophe, Editor, ISO, Quality, U.S.
Research articles 2005-10-05
Northwest storm damages estimated at $240M.(American Insurance Services Group's Property Claim Services division report)
The mid-december series of storms that struck the Northwest caused at least $240 million in insured losses, according to the Property Claim Services division of the American Insurance Services Group. The storm hit hardest in Northern California, where The mid-december series of storms that struck the Northwest...
Tags: State Farm Mutual Automobile Insurance Co.
Research articles 1996-01-01
Property/casualty insurers expected to pay Wilma victims $6.1 billion - insured catastrophe losses now at record $50.3 billion, says ISO's property claim services.
M2 PRESSWIRE-29 November 2005-ISO: Property/casualty insurers expected to pay Wilma victims $6.1 billion - insured catastrophe losses now at record $50.3 billion, says ISO's property claim services C1994-2005 M2 COMMUNICATIONS LTD RDATE:29112005 London, UK - U.S. property/casualty insurers are...
Tags: Editor, FINANCE, hurricane, Insurance, ISO, policyholder, Quality
Research articles 2005-11-29
Late News; Property cat losses hit record in 2004: PCS.
Catastrophes caused a record $27.3 billion in insured property damage in the United States in 2004, according to the Insurance Services Office Inc.'s Property Claim Services unit. The United States last year saw 22 catastrophes, according to PCS, whi Catastrophes caused a record $27.3 billion in...
Tags: asbestos, catastrophe, General Motors Corp., insurance company, mail-order, PCS, Walgreen Co.
Research articles 2005-02-14
For The Record.(New estimate of insured property losses from terrorist attacks on WTC and Pentagon reach $20.3 bn)(Legal Beat)(Brief Article)(Statistical Data Included)
PCS increases Sept. 11 loss estimate The Insurance Services Office Inc.'s Property Claim Services unit has increased its estimate of insured property losses from the Sept. 11, 2001, attacks on the World Trade Center and the Pentagon to $20.3 billi PCS increases Sept....
Tags: health care, insurance company, PCS, Pentagon, Sept. 11, survey, terrorist attack
Research articles 2002-06-24
First-quarter property/casualty cat losses put at $1.46 billion.(News)(Brief Article)
Byline: Michael Bradford JERSEY CITY, N.J.-Insured property losses from U.S. catastrophes in the first quarter of 2003 are expected to reach $1.46 billion, according to the Property Claim Services unit of the Insurance Services Office Inc. The losses are more than...
Tags: Insurance Services Office Inc.
Research articles 2003-04-21
Insured cat losses reach $56.8 billion in 2005, ISO estimates.(News)(Brief Article)
Byline: Mark A. Hofmann JERSEY CITY, N.J.-U.S. property/casualty insurers will pay an estimated $56.8 billion in insured property losses from catastrophes in 2005, according to the Insurance Services Office Inc.'s Property Claim Services unit. Byline: Mark A. Hofmann ...
Tags: catastrophe, ISO, PCS
Research articles 2006-01-30
In brief.(News)(appointments)
U.S. cat losses total $8.8 billion in 2006 Catastrophes caused an estimated $8.8 billion in U.S. insured property damage in 2006, the Insurance Services Office Inc.'s Property Claim Services reported. PCS said 33 U.S. catastrophes-which it defines U.S. cat losses total $8.8 billion...
Tags: Aon Corp., Delaware, PCS, pharmacist, prescription drug, reinsurance, workers compensation
Research articles 2007-01-22
Late News; Catastrophe claims hit $12.8 billion in 2003.(briefs)
Catastrophes caused an estimated $12.8 billion in insured property damage last year, according to the Insurance Services Office Inc.'s Property Claim Services unit. That made 2003 the third-costliest year of the past decade in terms of catastrophe lo Catastrophes caused an estimated $12.8 billion in insured...
Tags: Aspen Technology Inc., catastrophe, health care, workers compensation
Research articles 2004-01-19
2000 Catastrophe Losses Way Below 10-Year Average.(catastrophe insurance claims)(Brief Article)(Statistical Data Included)
U.S. property-casualty insurers paid $4.3 billion in catastrophe claims last year, making 2000 the second-lowest year for catastrophe losses in the past decade, according to estimates by the Property Claim Services unit of the Insurance Services Offi U.S. property-casualty insurers paid $4.3 billion in catastrophe ...
Tags: catastrophe, insurance company, ISO, PCS
Research articles 2001-02-05
Pentagon, WTC losses recalculated at $20.3B.
Insured property losses from the Sept. 11 terrorism attacks on the World Trade Center and the Pentagon are now estimated at $20.3 billion, up from the $16.6 billion that Property Claim Services had reported immediately following the event. PCS' preli Insured property losses from the Sept....
Tags: Pentagon
Research articles 2002-09-01
For the record.
CAT LOSSES LIGHT IN 2000 Insurers sustained lighter-than-average catastrophe losses in 2000, the Property Claim Services unit of the Insurance Services Office Inc. reported last week. In fact, 2000's estimated $4.3 billion in catastrophe claims was t CAT LOSSES LIGHT IN 2000 Insurers sustained lighter-than-average ...
Tags: earnings, Hartford Financial Services Group Inc., insurance, insurance company
Research articles 2001-01-29
Insured Losses From Hurricane Bonnie Total $360 Million
Hurricane Bonnie caused an estimated $360 million in insured losses, the Property Claim Services division of the Insurance Services Office has announced. There will be some 170,000 claims in total from Hurricane Bonnie, according to Chris Cuidette, a Hurricane Bonnie caused an estimated $360 million in...
Tags: insurance company, State Farm Mutual Automobile Insurance Co.
Research articles 1998-09-07
Insured Losses From Hurricane Bonnie Total $360 Million.
Hurricane Bonnie caused an estimated $360 million in insured losses, the Property Claim Services division of the Insurance Services Office has announced. There will be some 170,000 claims in total from Hurricane Bonnie, according to Chris Cuidette, a rHurricane Bonnie caused an estimated $360 million in insured...
Tags: insurance company, State Farm Mutual Automobile Insurance Co.
Research articles 1998-09-07
'Nature triggers' not natural for CBOT options.(Chicago Board of Trade)(Another Perspective)(Column)
On April 29, the National Underwriter ran a "Financial Insights" column evaluating the use of Property Claim Services loss estimates as a trigger for the Chicago Board of Trade's catastrophe insurance options. The columnist--Sean Mooney, senOn April 29, the National Underwriter ran a "Financial Insights"...
Tags: Chicago Board of Trade, PCS, trigger
Research articles 1996-07-15
Indiana, Ohio reel from "catastrophic losses"
MIDWEST REGIONAL NEWS Insurers are expected to pay $675 million to home owners and businesses for insured-property losses from six catastrophic events in the third quarter of this year, according to preliminary estimates by the Insurance Services Office, Inc.'s ISO, Property Claim Services PCS unit. Indiana topped the list for...
Tags: Indiana, Insurance, ISO, Ohio, Quality
Research articles 2002-12-01
1998 cat toll at $8.3 billion.
NEW YORK - Natural catastrophes caused an estimated $8.3 billion in insured property damage during the first nine months of this year, according to the Insurance Services Office Inc.'s Property Claim Services unit. The $8.3 billion loss compares with $2.35 billion in insured ...
Tags: Insurance Services Office Inc.
Research articles 1998-10-26
Cambridge Integrated Services Group, Inc
Cambridge Integrated Services Group, a Scandent Group company, is the largest independently owned property and casualty claims and business process outsourcing provider in the United States and Australia. Claim services span workers' comp; general, auto, Inc. professional and product liability; as well as property, personal lines, assumed/ceded reinsurance and subrogation....
Tags: Cambridge Integrated Services Group Inc.
Research articles 2005-11-01
P/C industry to pay $6.8b
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.8 billion for insured property losses from Hurricane Charley, according to estimates by ISO's Property Claim Services PCS unit. Hurricane Charley, a Category 4 hurricane, smashed through southwest and central Florida in mid-August, leaving a swath of...
Tags: Florida, homeowner, Insurance, ISO, Quality
Research articles 2004-10-01
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