business / Finance - Insurance
What is a Subrogation Demand Audit?The things that insurance companies do that we normally aren't aware of. This articles gives a scenario about how a subrogation claim can arise, and then after it arises what may happen to it when it is pursued. The subrogation demand audit is a cost saving technique used by many insurance companies. The company will employ a specialist to "knit-pick" any demand it receives and return a report showing what amount could be argued and on what basis it could be argued. Normally, utilizing a company for subrogation demand audits is practical because it allows insurance adjusters in a claims department to focus on reviewing coverage and liability and outsources the time consuming task of auditing a subrogation demand package. The cost for a subrogation demand audit should never exceed $150.00 no matter the complexity of the demand package.
E-Zine Friday, October 02, 2009Not Business As Usual: AIG to Hold Low Cost Conference for Financial AdvisersAmerican International Group Inc. is again hosting some of the top U.S. financial advisers and says that this time, the gathering at a California resort will cost it just $30,000. The insurer, ...
Insurancejournal.com Friday, October 02, 2009Compare Insurance Companies - Where Should You Compare Insurance Companies Online?Why is it important to compare insurance deals and insurance companies? What is the harm in relying on the tall claims made by service providers? Insurers are in the business of offering insurance not for charity but for earning a profit. There is no need for them to always speak the truth with their customers. What is more, they can easily hide the truth without actually telling a lie.
E-Zine Friday, October 02, 2009Legitimate Online Insurance Quotes - How to Find the Affordable Online Insurance QuotesIt is not sufficient to search only for affordable insurance quotes on the World Wide Web. What is the point of searching for quotes if they are not reliable? The basic idea of insurance quotes is to get a realistic estimate of the cost of the policy. If you do not make any changes to the terms and conditions of the policy and opt for the policy on the basis of the details submitted to the website, chances are very high that you will not pay anything more than the amount specified in the quote.
E-Zine Friday, October 02, 2009New York Releases Auto Insurance RankingsAmica Insurance tops the just-released rankings of the least-complained about personal auto insurers in New York,
according to the New York State Insurance Department. The list, which is ...
Insurancejournal.com Friday, October 02, 2009Strong Earthquakes Abroad Could Weaken Geologic Faults in U.S.Powerful earthquakes may be a trigger for weakening geologic faults a half a world away, U.S. researchers said this week in a study that points to new ways to predict earthquakes. "Earthquakes ...
Insurancejournal.com Friday, October 02, 2009Rescuers Continue Digging As Indonesia Earthquake Toll Tops 1,000Rescuers dug feverishly on Friday through the rubble of a school and other buildings toppled by an earthquake in the Indonesian port of Padang, but few victims were being found alive two days ...
Insurancejournal.com Friday, October 02, 2009Allied World's Todd Sutherland to Participate on Panel at Midwest Chapter of PLUSPEMBROKE, Bermuda, Oct. 2 /PRNewswire-FirstCall/ -- Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Todd Sutherland, Senior Vice President of Professional Lines and Branch Manager for Allied World's Chicago office, will participate in a panel discussion on "Bankruptcy and the Barriers to Coverage" at the Midwest Chapter of the Professional Liability Underwriting Society (PLUS). The panel will take place on October 7, 2009 in Cincinnati, Ohio.
prnewswire.com Friday, October 02, 2009Duck Creek Recognized as an Experienced and Proven Rating Solution in Celent's US Property/Casualty Rating Systems ReportBOLIVAR, Mo., Oct 2 /PRNewswire/ -- Duck Creek Technologies, Inc., a leading provider of software and services for the insurance industry, today announced that its Duck Creek Rating(TM) solution has been favorably recognized by research and advisory firm Celent's new report: US Property/ Casualty Rating Systems: ABCD Vendor View 2009. In the report, Celent provided a full profile of eight vendor products utilizing the Celent ABCD Vendor View analysis framework.
prnewswire.com Friday, October 02, 2009Insurers Pay $700K to Settle Case over Massachusetts Coach's Fatal IllnessA nearly $700,000 agreement between the family of late Holy Cross football coach Dan Allen and two insurers for the contractor the family alleges contributed to his fatal illness has been approved ...
Insurancejournal.com Friday, October 02, 2009 1 2 3
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