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S&P’s New Insurance Criteria Released; Method Would Have Spotted AIG’s Past Problems
Incorporating lessons learned from historical periods for industry stress, including the near-failure of American International Group, Standard & Poor's published a revised rating methodology for ...
Text-Mining Analysis Links Drug-Impaired Driving To Higher Injury Rates
"On medication" may not be one of the check boxes on carrier claims forms, but by hunting for such a description in adjuster notes, auto insurers can improve their results, a consultant reports. ...
When & Where Apologies Make Sense In Insurance Claims Situations
Despite the prevalence of apologies—think Lance Armstrong, Tiger Woods, Mel Gibson and Bill Clinton—the idea of offering an apology as a result of a claim is rarely considered in the insurance ...
CEOs & Social Media: A Matter Of Trust
Insurance is a unique industry. It is one where most customers will never get to use the product they buy, few if any can accurately assess how good it is before they buy it and every individual will ...
What Every CEO Should Know To Protect Their Privacy On Social Media
Social media is all around us, but business executives run some additional risks when using these types of sites. A lot of sensitive information ends up on social media, and there is an undeniable ...
Actuaries Regain Best Job Title
Actuaries are back on the top of an annual ranking of best jobs, retaking the crown from software engineers, who held the title for two years running—and trouncing newspaper reporters who have the ...
Defining Terrorism For Policies Not A Simple Task After Boston Tragedy
There are a number of issues involved in determining whether the Boston bombings tragedy would be considered a terrorist act for insurance purposes such as determining the applicability of terrorism ...
The Trademark Problem: Casualty Insurance’s Dirty Little Secret
It has always been surprising to me that trademark issues receive so little attention in the insurance community. It's almost as if trademark claims are the dirty little secret of casualty insurance, ...