Loss Control

Another year of costly natural catastrophes is causing many insurance industry stakeholders to wonder just how many more unexpected levels of loss they can tolerate.

Tennessee is adding staff to its captive insurance department and actively promoting itself as a domicile, which is paying off with registrations and building interest.

According to a Towers Watson survey, commercial lines carriers are looking to tighten the gap between them and their personal lines peers when it comes to the use of predictive modeling.

Beyond just the dollar figure of Thailand-flood losses, the event exposed risk-management challenges for reinsurers management teams, according to a Moodys Special Comment.

Mitchell, a provider of technology, connectivity and information solutions to the property & casualty claims industry, announces enhancements to the SmartAdvisor Utilization Review (UR) Decision Manager, a solution that integrates utilization review decisions within the bill review process, empowering insurance claims payers with the ability to reduce unauthorized treatment...

The cutthroat horsepower race between vehicles on U.S. roads will have a far-reaching effect on the insurance industry.