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Headlines, News and Other Information
In Your Business
| Monday, August 23, 2010 |
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Xactware releases Xactimate Express
By host @ 6:52 PM :: 345 Views ::
1 Comments ::  :: In Your Business, Software
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From the site; Xactimate Express is an online application that provides your company’s call center agents and desk adjusters with all...
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| Saturday, August 07, 2010 |
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The Hartford Posts 2Q Profits
By host @ 12:44 AM :: 131 Views ::
0 Comments :: :: In Your Business
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"The Hartford performed well, reporting another quarter of profitability in spite of market volatility, higher than expected catastrophes and several one-time events," said the property-casualty and life insurer's chairman and CEO Liam E. McGee. Among them: Wind and hail claims from storms in the Midwest that were $87 million more than expected during the second quarter. The Hartford's bottom line also absorbed a $168 million charge for customer acquisition, a $110 million increase in reserves to pay asbestos-related claims and a $100 million goodwill-impairment charge related to acquiring Federal Trust Bank in 2009 — a move that transformed The Hartford into a bank-holding company and allowed it to receive federal stimulus money.
Read more: http://www.insurancejournal.com/news/national/2010/08/05/112219.htm#ixzz0vtO9nxiy
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| Wednesday, July 28, 2010 |
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CompuWeather Launches New HailTrail™ Line of Professional Hail Analysis Tools for Investigating Insurance Hail Claims & Fraud
By host @ 5:57 PM :: 279 Views ::
0 Comments ::  :: In Your Business
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HOPEWELL JUNCTION, NY (PRWEB) July 28, 2010 -- CompuWeather, Inc., the worldwide leader in forensic meteorology, today announced the launch of its new line of HailTrail™ professional hail analysis tools designed to provide new options and enhancements to insurance, legal and engineering professionals investigating hail damage claims and hail fraud. CompuWeather’s new HailTrail™ product line consists of 3 products: HailTrail™ site-specific hail analysis report, HailTrail™SEARCH vicinity hail search report and HailTrail™PLUS combined site-specific hail and wind analysis report.
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| Wednesday, July 07, 2010 |
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KMC On Demand(SM) to Launch Pilot Program for Property Technical Certification
By host @ 4:26 PM :: 471 Views ::
0 Comments ::  :: Certification, In Your Business
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ATLANTA, July 7 /PRNewswire-FirstCall/ -- KMC On Demand, a leading online provider of continuing education (CE) credits for insurance claims adjusters, and a key insurance industry advisory committee are launching the pilot of a Property Technical Certification (PTC) program designed to fill a gap in validation of expertise among property claims adjusters. "The PTC program provides a performance standard for the development of property technical claims adjusters," said Colm Keenan, vice president of knowledge management for KMC On Demand. "The auto claims industry has been standardized for a number of years, and this program will bring the property claims industry up to speed. It's about knowing that the adjuster who is walking onto the scene of a property loss or catastrophic situation has the knowledge to estimate damages as accurately as possible. PTC provides a standard measure that will be recognized by insureds, employers and the industry." Source: PR Newswire
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| Friday, July 02, 2010 |
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Independent Insurance Adjusting Firm CatManDo Celebrates 10th Anniversary
By host @ 4:46 PM :: 134 Views ::
0 Comments :: :: In Your Business
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Tampa, FL. July, 2010 – CatManDo, Inc., an independent property insurance adjusting company and Third Party Administrator (TPA) that services insurance carriers in the state of Florida announced the celebration of its 10 year anniversary. Founded in 2000 by President Chuck Ross, the firm has grown from a one man shop to over 50 employees and a broad network of highly trained and experienced field adjusters that includes 35 core and hundreds more independent adjusters that service insurance carrier adjusting needs throughout the State of Florida.
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| Thursday, April 22, 2010 |
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Wanted: The Next Generation of Claims Adjusters
By host @ 9:33 AM :: 2675 Views ::
19 Comments :: :: In Your Business
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" In a time when large-loss expertise is critical to carriers, a generation of experienced adjusters is preparing to leave the worldwide insurance workforce. Yes, their retirements might be delayed due to the current global economic situation. However, with the leading edge of the post-WWII generation well into its 60s, it’s safe to say that significant expertise will exit the workforce in the coming decade.
At the same time, the insurance industry has long had difficulty attracting and keeping adjusters who could learn from their predecessors. Insurance adjusting, for example, doesn’t appear on the U.S. News and World Report best careers for 2009 (though “politician” did make the list, which gives pause for thought). And according to the 2009 Robert Half International Salary Guide, you might want to become a dental hygienist or personal financial advisor—the potential of the latter being understandable today—but not an insurance adjuster." Source: Claims Advisor Magazine Article By Jeffrey T. Bowman - Read More
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| Monday, April 19, 2010 |
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Property/Casualty Insurance Industry’s Full-Year 2009 Results Show Strong but Incomplete Recovery from Recession and Financial Crisis
By host @ 10:55 PM :: 427 Views ::
0 Comments :: :: In Your Business
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JERSEY CITY, N.J., April 15, 2010 — Private U.S. property/casualty insurers’ net income after taxes rose to $28.3 billion in 2009 from $3 billio...
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| Friday, April 02, 2010 |
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Coming Soon: Associate in National Flood Insurance (ANFI™)
By catman @ 12:32 AM :: 1095 Views ::
2 Comments ::  :: NFIP, In Your Business
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From AICPCU Press Release:
“The Associate in National Flood Insurance designation not only demonstrates a significant investment in professional...
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| Monday, March 29, 2010 |
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Crawford & Company Establishes Exclusive London Desk for Chilean Earthquake Claims
By catman @ 5:08 PM :: 878 Views ::
0 Comments :: :: International , In Your Business, Catnip
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From CNNMoney.com;
ATLANTA, March 29 /PRNewswire-FirstCall/ -- Crawford & Company (NYSE: CRDA; CRDB), the world's largest independent p...
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| Monday, March 29, 2010 |
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IAS Claim Services Appoints Industry Leader as President
By catman @ 1:02 PM :: 615 Views ::
0 Comments :: :: In Your Business
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From the Press Release:
SAN ANTONIO, Mar 29, 2010 (BUSINESS WIRE) -- IAS Claim Services (www.iasclaims.com), one of the nation's ...
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