As the population of "baby boomers" born between 1946 and 1964 heads closer to retirement, many face the reality that their years of hard work have not provided enough for a comfortable retirement.
As rules and regulations expand within the insurance industry, document archiving and compliance face new and unique challenges that require systems with increased flexibility, strong security, and accurate accountability.
As the population of "baby boomers" born between 1946 and 1964 heads closer to retirement, many face the reality that their years of hard work have not provided enough for a comfortable retirement.
The International Association of Special Investigation Units (IASIU) continued its long-standing tradition of presenting several awards to distinguish members of its association.
If there is one thing that is continually stressed in any discussion about catastrophe management for insurance agencies, it is having a plan in place and knowing what it is.
In this exclusive feature, BP's Claim Manager Darryl Willis discusses the enormous undertaking of paying oil spill losses, while Attorney Lela Hollabaugh looks at the long-term litigation aspects BP faces.
The difference between specialty lines and standard lines is standard lines have higher volume and lower contract value with the inverse being true in specialty lines, according to Catherine Stagg-Macey, a senior analyst with Celent.
By simply managing to the numbers, claim managers and supervisors risk losing a vital sensitivity to the complex interplay between people and processes that only comes through using more qualitative instruments.