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Archive for May 2015

U.K.’s FCA Finds Insurers Treat Small Companies Poorly

The U.K.’s Financial Conduct Authority criticized the insurance industry for “poor practices” and “significant” failures in handling claims for small and medium-sized companies. The regulator said a review of the experiences of business customers showed more dissatisfaction with insurers than … The post U.K.’s FCA Finds Insurers Treat Small Companies Poorly appeared first on Claims…

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More Arrests in Conjunction With Florida Insurance Fraud Sting

CFO and State Fire Marshal Jeff Atwater, alongside Miami-Dade State Attorney Katherine Fernandez Rundle, announced 30 more arrests made during the second wave of a collaborative state and local operation known as “Operation Flames and Floods.” The investigation exposed an … The post More Arrests in Conjunction With Florida Insurance Fraud Sting appeared first on…

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Slow Rise in Texas Workers’ Comp Claims Costs: WCRI

Workers’ compensation claims in Texas grew more slowly than in most of the other study states examined in a recent report by Cambridge-based Workers Compensation Research Institute (WCRI). The total average cost per claim for injured workers in Texas was … The post Slow Rise in Texas Workers’ Comp Claims Costs: WCRI appeared first on…

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Washington Reports Rise in Youth Work Injuries in 2014

More youth, age 17 and under, were injured at work in 2014 compared to the previous year. Falls were the leading cause of injuries in the food and retail industries. Still, youth work-related injuries are down significantly from the highs … The post Washington Reports Rise in Youth Work Injuries in 2014 appeared first on…

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The Value in Investigating Lightning Claims

Why investigate lightning claims? I have a better question, Why not investigate lightning claims? With spring and fall arriving, claims adjusters are about to be “covered up” with lightning damage claims. How many times as an adjuster have you heard … The post The Value in Investigating Lightning Claims appeared first on Claims Journal. Source:…

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Xchanging Launches New TPA, Xcelsia Claims

Xchanging plc, a business technology and services provider, is delighted to announce the London market launch of a new global TPA adjusting service – Xcelsia Claims. Offering global coverage, Xcelsia Claims partners with established TPAs in local territories to combine … The post Xchanging Launches New TPA, Xcelsia Claims appeared first on Claims Journal. Source:…

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NICB Releases Camaro Hot Wheels Classics Theft Report

If leading the pack as a pace car at the Indianapolis 500 is any acknowledgement of a car’s connection to performance, then Chevrolet Camaro’s eight trips around the track is second only to the Corvette’s record of 13. Although the … The post NICB Releases Camaro Hot Wheels Classics Theft Report appeared first on Claims…

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State Farm: Top 3 Causes of Boat Damage

Submerged objects such as trees and rocks cause more damage to boats than marine mammals, according to State Farm. The company wants boat owners to know the common causes of boat damage. Claims data from State Farm, the nations’ largest … The post State Farm: Top 3 Causes of Boat Damage appeared first on Claims…

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Texas, Oklahoma Flash Floods Destroy Hundreds of Homes

Record rainfall was wreaking havoc across a swath of the U.S. Midwest on Sunday, causing flash floods in normally dry riverbeds, spawning tornadoes and forcing at least 2,000 people to flee. Tornadoes struck, severely damaging an apartment complex in Houston, … The post Texas, Oklahoma Flash Floods Destroy Hundreds of Homes appeared first on Claims…

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Yellowstone Trips, Slip and Falls Outpace Bear Mauling

Getting hurt at Yellowstone National Park isn’t quite as dramatic as you might think. Although the park is full of hazards like bears, bison, scalding water and canyons, visitors are most likely to be injured from mundane accidents like trips, … The post Yellowstone Trips, Slip and Falls Outpace Bear Mauling appeared first on Claims…

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