A glimpse inside the personal technology arsenal and strategies that empower todays leading insurance IT professionals.
BY G. BARRY KLEIN, CPCU, CLU
In 1914, San Franciscan C.E. Cumberson had the misfortune of storing his car in his garage when the building burned down. Cumberson was reimbursed $2,200the entire value of his carby his insurer, AAA of Northern California, Utah, and Nevada, the very next day. That was the insurers first claims payment. In northern California today, one out of every four cars is insured by this second-largest affiliate in the AAA federation, which in 2003 brought in about $2 billion in direct premiums written for insurance, including auto, home, and life.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
