TITLE

Analyzing Losses and Expenses

PUB. DATE
October 2008
SOURCE
Best's Review;Oct2008, Vol. 109 Issue 6, p98
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the proper analysis of how the intended legal expense reduction initiatives will impact future loss and expenses in the insurance industry in the U.S. It highlights the need for claims organization to be structured to gather and review key information. It cites several features that an operating model should possess.
ACCESSION #
34927997

 

Related Articles

  • Consider The Cut. Ahmed, Faiz; Fotovat, Saeed // Best's Review;Oct2008, Vol. 109 Issue 6, p97 

    The article discusses the need to analyze how future losses and expenses will be impacted before deciding to cut claims expenses in the insurance industry in the U.S. It places emphasis on the need for insurance companies to understand how the changes will impact all aspects of the business and...

  • Legal bills continue to ascend in battle for airport control. Strong, Michael // Crain's Detroit Business;12/2/2002, Vol. 18 Issue 48, p29 

    Reports on increasing bills of legal fees accruing from a case between the Wayne County Commission and the Wayne County Airport Authority in Michigan over who will control the operations of Detroit Metropolitan and Willow Run airports in Michigan. History of the court case; Total amount spent...

  • Pa. ordered to pay $ 1 .1 million in funeral case.  // Philadelphia Gay News;8/31/2012, Vol. 36 Issue 35, p18 

    The article reports that the U.S. Middle District Judge John E. Jones has ordered the state of Pennsylvania to pay more than 1.1 million U.S. dollars in legal fees in a case regarding a law governing funeral homes and undertakers.

  • W.Va. insurers hit with `minor' suit. Lonkevich, Dan // National Underwriter / Property & Casualty Risk & Benefits Manag;3/3/97, Vol. 101 Issue 9, p1 

    Reports on the filing of a law suit which alleges violations of a West Virginia statue, 44-10-14 which requires court approval of all claim settlements involving infants. Implications of the suit on the insurance industry in the United States; Origin of the dispute; Other violations of the...

  • Being sued (a normal cost of doing business?). Wiesner, Pat // Colorado Business Magazine;Feb95, Vol. 22 Issue 2, p8 

    Calls for legislation in the United States that would make losers in lawsuits pay the costs of litigation. Payment by losers as a strategy to prevent frivolous suits; Increase in the number of firms which settle lawsuits because settlement payments are cheaper than litigation costs.

  • Home from home. Shepherd, Robert // Lawyer;9/23/2002, Vol. 16 Issue 38, pOS7 

    Offers a look at the litigation scene in Guernsey, Channel Islands. Customs and traditions of the Royal Court of Guernsey; Advocates; Costs; Judges and courts; Description of some cases heard in 2001.

  • 'Save Hillcrest' wins another battle.  // Gay & Lesbian Times;12/27/2007, Issue 1044, p15 

    The article reports on the victory scored by the Save Hillcrest (SH) group in its year-old lawsuit against the 301 University project in California. SH is collaborating with the nonprofit organization Friends of San Diego. On December 7, 2007, the Superior Court awards the group 80 percent of...

  • TEN TIPS TO REDUCE YOUR LEGAL EXPENSES. Stewart, Michael D. // Orange County Business Journal;05/15/2000, Vol. 23 Issue 20, p13 

    Presents some tips on how companies can avoid or reduce legal expenses, particularly those incurred in litigation. Need to be fair and reasonable in order to avoid getting sued; Importance of signing a written contract; Resisting settlement of frivolous lawsuits; Assessment of insurance coverage.

  • Industry executives stress need for tort reform. Bradford, Michael // Business Insurance;10/13/2003, Vol. 37 Issue 41, p16 

    A panel of insurance industry sources contend that despite some states' attempts at reform, the tort system in the United States remains in need of an overhaul. There are many problems in the tort system. The country has a system where one can have, essentially, liability without fault; one can...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics