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...
NEW BERLIN, Wis. and NATICK, Mass., Nov. 21 /PRNewswire/ -- Property insurance information provider MSB and contents valuation provider Enservio deliver good news to the property insurance industry. Today the companies announce an alliance for delivering contents valuations for property claims through electronic integration between MSB's IntegriClaimR property claim...
Nirek Resources Inc. ("Nirek") (FRANKFURT: 3N6)(Gold Warrant:CA6546411175) is pleased to provide an update on the company's ongoing corporate activities. Exploration The Company engaged the services of Dr. Derek McBride (P.Eng. and Ph.D.) to evaluate the Eby-Otto property in the Kirkland Lake area. Dr. McBride, made a field trip to the...
I am furious at being made to pay twice for insurance on the same property. The property in question is a small flat I purchased on South Terrace in Littlehampton, West Sussex. Insurance has recently become the responsibility of Pier Management, which is demanding 331 for cover from 24 December...
Fidelity National Property & CasualtyInsurance Group has signed on to offer SceneExchange, Scene Genesis' uniqueWeb portal that lets insureds choose an autobody shop for convenient,high-quality repair of their damaged vehicle. Initially, SceneExchange will be available to the company's customers inFlorida, Illinois, Iowa, Missouri and New Jersey. More states...
JACKSONVILLE, Fla., Nov. 3 /PRNewswire/ -- Kemper(1), A Unitrin Business, is pleased to announce its customers are "highly-satisfied" with the company's claims service, according to a survey recently performed by a nationally-recognized marketing information services firm. The study includes a comparative performance of 24 auto and 17...
[ILLUSTRATION OMITTED] Hurricane Ike could have caused an estimated $9.8 billion in insured losses, according to the Insurance Information Institute. ISO's Property Claims Service put out its own preliminary estimate for insured property damage, according to Gary Kerney, assistant vice president at PCS: $8.1 billion in...
Kentucky's largest property & casualty insurer modernizes claim handling operations with Guidewire ClaimCenter[R] LOUISVILLE, Ky. & SAN MATEO, Calif. -- Kentucky Farm Bureau Mutual Insurance Company ("KFB"), the largest insurer in the state of Kentucky, and Guidewire Software[R], a leading global provider of technology solutions to property and...
Mendota selects Innovation Auto's Managed Repair Network to enhance its policyholders' customer experience and improve cycle time NEWTON, Mass. -- Innovation Group's Innovation Auto[TM] division (www.us.innovation-group.com), the global leader in accident management services for the Property and Casualty industry, announced the addition of Mendota Insurance to its client...
ATLANTA -- Susan McKeever has been named Director of Sales for Engle Martin & Associates, Inc., an Atlanta-based independent loss adjustment firm with 25 locations throughout the United States. She has ten years of sales experience in the insurance and commercial property management business and is an active member of...
Automatically Included with No Added Premium on All Master PacSM Policies Featuring Four New Enhancements - Including Business Personal Property Coverage HARTFORD, Conn. -- Staying in-synch with its customers who are adopting energy efficient and environmentally friendly business practices, Travelers (NYSE: TRV) Select Accounts today launched its Master...
Symbility Solutions Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE: AUT), is pleased to announce its latest software release, version 3.2, and its immediate adoption by the subsidence management services division of the Innovation Group (LSE: TIG), headquartered in the United Kingdom. The release of version 3.2 is...
Financial Crisis Could Lead to Year-End Surplus Decline of $80 Billion If Markets Don't Recover From Current Levels, Company Says STAMFORD, Conn. -- Marred by the clash of equity and credit-related losses on their asset portfolios, catastrophe losses resulting from an active hurricane season and an anticipated spike...
COLUMBIA, S.C. -- Fiserv Insurance Solutions, one of the largest providers of innovative technology, professional services and strategic sourcing options for the insurance industry, announced today that Georgia Farm Bureau Insurance has selected the Fiserv Insurance Solutions' property and casualty suite to replace their existing core systems. Based in Macon,...
An Appealing Site: One in four San Diego homeowners could be overpaying on property taxes because their homes have significantly decreased in value, according to a local entrepreneur who co-launched a Web site that simplifies the appeals process to lower assessed values on homes. The county assessor's office...
Scene Genesis, provider of technology to theinsurance and autobody industries, named industry veteran Joe Cosgrovedirector of strategic accounts. Cosgrove will focus on contacting auto insurers about SceneExchange, aone-of-a-kind Web service that lets insureds choose their autobody shoponline. He has 20 years of experience in auto insurance claims. Previously, heserved...
Largest member of the AAA federation of clubs successfully deploys Guidewire ClaimCenter[R] to enable enhanced member claims service LOS ANGELES & SAN MATEO, Calif. -- The Automobile Club of Southern California Auto Club, the largest member of the AAA federation of motor clubs and Guidewire Software([R]), a leading...
WOODLAND HILLS, Calif. -- Unico American Corp. (Nasdaq:UNAM) ("Unico," the "Company"), an insurance holding company that, through its subsidiaries, including Crusader Insurance Company, offers a variety of property and casualty insurance products and services, today announced that losses likely to be incurred related to the current brushfires in California, which...
Symbility Solutions Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE: AUT), is pleased to announce its latest software release, version 3.2, and its immediate adoption by the subsidence management services division of the Innovation Group (LSE: TIG), headquartered in the United Kingdom. The release of version 3.2 is...
COLUMBUS, Ohio -- Avizent, a leading national risk management service provider, has announced the release of its new VISUAL Claims Studio VCS claims administration system. The VCS system, utilized by internal claims staff, integrates the latest tools and innovative upgrades to give adjusters a competitive edge when managing clients' workers'...
Articles 2008-10-14
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