Archive for June 2016

Reserve accuracy is a key performance indicator for claims departments and is usually the primary focus of claims audits. Regardless of whether companies outsource claims to a third party administrator (TPA) or handle them internally, the establishment of proper case … Source: Claims Journal

With the fire alarm sounding, 8-year-old Chryssa Wahl crouched beneath the smoke spreading from the kitchen stove and crawled into a bedroom and to the window, where she threw a leg over the sill and stepped her way down a … Source: Claims Journal

When a 400-pound gorilla grabbed a 3-year-old boy at the Cincinnati Zoo, the sharpshooter who killed the ape wasn’t from the police. Instead, the shooter was a specially trained zoo staffer on one of the many dangerous-animal emergency squads at … Source: Claims Journal

Tony Kanaan was not injured when struck in the hand by a piece of debris during the Indianapolis 500 and the incident was barely noticed during the historic 100th running of the race. Yet it was a reminder of an … Source: Claims Journal

Both of the U.S. military’s high-drama, high-dollar flying teams suffered crashes on the same day this week, but supporters say the Air Force Thunderbirds and the Navy Blue Angels are worth the money and the risk because they’re vital to … Source: Claims Journal

Applying New York law, the United States Court of Appeals for the Second Circuit held that there was no advertising injury indemnity insurance coverage for nearly $35 million in judgments against an off-price luxury goods vendor, insured Ashley Reed Trading, … Source: Claims Journal

In 2011, the U.S. Army Corps of Engineers was hanging on to the Missouri River like an experienced horseman reining in a wild stallion. Through the spring and a long wet summer, the corps used every mechanism and feature it … Source: Claims Journal

Stormy weather swept across much of Texas over this past week, and a new weather app is designed to help with flash flooding. University of Texas at Arlington associate professor D.J. Seo has launching the crowdsourcing app, iSeeFlood, that will … Source: Claims Journal

Legislation before state lawmakers in New York would significantly change medical malpractice law by allowing patients to sue years after an alleged misdiagnosis or mistreatment. Patients currently must file lawsuits within 21/2 years after the alleged malpractice. The bill would … Source: Claims Journal

Illinois lawmakers have convened a task force to investigate a spike in the theft of recyclable metals. There was a spike in thefts a few years ago when the price of copper and other recyclable metals rose. Copper wiring and … Source: Claims Journal