Before an auditor can fully understand what he or she is looking ateither in an insurers or self-funding entitys overall loss data or in individual claim filesthe auditor must understand that insurers or entitys claims philosophy.
Some may call it counting beans, whereas others suggest that statistics are never a true guide about what is really happening. Reality lies somewhere in the middle of any audit process.
As if there isn't enough to worry about what's happening on Earth, scientists are warning against space weather. Solar storms, they say, could wreak havoc on the electric-power supply, triggering losses from business interruption and damaged physical assets.
A number of newspapers are using a truth meter approach to the proclamations of national and local politicians, rating what has been stated as truth, mostly true, half true, mostly false, or so false it is rated pants on fire. There are a good many statements made about and by...
Too many of us are talking, texting, or using a GPS while navigating the wheel. More distracted drivers equates to more traffic accidents and injuries.
Disasters, calamities, tragedies, or catastrophes—no matter what we call them, these events happen on a regular basis, and more recent occurrences tend to cancel out memories of the older ones.