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February 9, 2012
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Claims
News
Predictive Modeling Making Inroads
By Bill Kenealy
Technologys penetration most complete in personal lines, new report finds.
Instant Binding Now in the Picture for Progressive
By Pat Speer
Insurer steps forward with mobile image capture technology for the iPhone designed to facilitate accurate, real-time auto insurance quotes and bind coverage.
Auto Insurance Claims Rise
By Bill Kenealy
Customer satisfaction holds steady despite increase in amount of time needed to repair vehicles, study finds.
Inter-Insurance Claims Arbitration Sets New Record
By Pat Speer
Close to 98 percent of the arbitration filings in 2011 were made electronically more than twice the percentage of just a few years earlier.
Update: Guidewires CEO: IPO is Just a Milestone
By Carrie Burns
Closing the day at $17.12 per share, P&C vendor chief exec Marcus Ryu tells INN whats next.
Crop Insurance Claims Surge
By Bill Kenealy
Surpassing $9 billion, indemnity payments set a new high in 2011, NCIS says.
Making Sense of Hurricane Models
By Bill Kenealy
New report from AIR Worldwide casts critical eye on predictive models.
Hospital Industry Commercial Claims Up
By Pat Speer
Claims severity is also on the rise, but trend between profit and non-profit types of organizations is narrowing.
Chartis Names Buluswar Chief Science Officer
By Justin Stephani
Insurer creates new position intended to bolster business strategies with research and development operations.
5 Strategies: What P&C Carriers Need To Do in 2012
By Pat Speer
To succeed in a challenging 2012, property/casualty insurers must be flexible, know their customer and focus on technology systems that will facilitate growth, Ernst & Young advises.
HHS Adopts Operating Rules for EFT, ERA
By Joseph Goedert
Interim final rule requires use of a trace number to match remittance advice with the corresponding EFT payment to eliminate manual reconciliation.
BCBSNC, UNC Health Care Open Health Practice
By Pat Speer
Designed to streamline the medical process, the center allows patients to request multiple appointments on the same day, ask BCBSNC Customer Service claims questions on-site and pay bills online.
Global Cat Figures Released
By Justin Stephani
Pacific Rim earthquakes and U.S. Midwest tornadoes take center stage as property/casualty cat losses soar globally, nationally.
Cover-All Acquires BlueWave
By Bill Kenealy
Vendor adds claims administration software to its offerings.
2011 Record Year for Natural Disasters
By Pat Speer
Property/casualty industry remains well-capitalized in spite of paying more than $32 billion in claims.
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