AASP Northeast Trade Show
Visit Us at Booth #200 Northeast is a trade show tailored specifically to fit the needs of today's professiona
RIMS 2019 Annual Conference & Exhibition
Visit Us at Booth #1333 The RIMS 2019 Annual Conference & Exhibition is the premier event for the risk management community.
WCF Insurance Proves that Doing the Right Thing is Good for Business
For more than 100 years, WCF Insurance has been protecting both workers and employers as Utah’s premier workers’ compensation insurance provider. Although the company has come a long way from its beginnings in 1917, its dedication to creating strong communities has remained constant.
Auto Casualty Medical Price Index: Q2 2018
2 MIN READ
The National CPI for All Services, reported by the Bureau of Labor Statistics as of August 2018, is 125.31 when adjusted to Q1 2006, which reflects a 0.9 percent increase since Q4 2017.
5 Steps to an Optimized Third Party Liability Claim Workflow
Third party liability claims present unique difficulties for insurance carriers, as pressures from rising medical expenses, aggressive plaintiff attorneys, and restrictive legislation combine to form a challenging landscape. Many carriers are looking for ways to optimize their third party liability claim workflow for adjusters and claimants alike in an effort to build a competitive advantage and respond to the changing environment.
Field Inspection vs Virtual Estimating Trends
4 MIN READ
Insurance companies continue to seek ways to improve customer satisfaction while driving production efficiencies. Historically, most insurance companies offered three, maybe four standard methods of inspection (MOI’s) to assess damages to a vehicle in the claims process. These standard methods often include: a direct repair program (DRP), staff inspection at the vehicle’s location if within a staff member’s territory; or inspection by an independent appraiser.
New Hazards and Opportunities for Insurers in the Internet of Things
According to the famous futurist Ray Kurzweil, “we won’t experience 100 years of progress in the 21st century—it will be more like 20,000 years of progress.” We are at an incredibly important moment in time—one that I believe historians will look back on as a pivotal time in the advancement of technology and in the way humans interact with it.