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Short notes on Cat events.   The articles in this category contain information on events that provide a potential for deployment. When available the article will include numbers of claims and or numbers of adjusters.

Friday, February 17, 2012
P/C Industry Disputes Consumer Group's Claims Industry is Overcapitalized ... - Insurance Journal
By host @ 11:46 AM :: 43 Views :: 0 Comments :: Article Rating :: Catnip

P/C Industry Disputes Consumer Group's Claims Industry is Overcapitalized ...
Insurance Journal
By Andrew G. Simpson | February 17, 2012 Traditionally risk-takers, property/casualty insurance companies have become more like risk-avoiders when it comes to weather-related claims, leaving consumers and taxpayers to pay much higher costs, ...

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Friday, February 17, 2012
Mass.-based Enservio Acquires Insurers World - Insurance Journal
By host @ 11:26 AM :: 55 Views :: 0 Comments :: Article Rating :: Catnip

Mass.-based Enservio Acquires Insurers World
Insurance Journal
based provider of property insurance analytics, affinity marketing and claims solutions, is acquiring Insurers World, a provider of inventory transcriptions and evaluation services for claims, based in a Canton, Mass. Together, Enservio and Insurers ...
Enservio Continues Growth, Acquires Insurers WorldEON: Enhanced Online News (press release)
Enservio Acquires Insurers WorldClaimsJournal.com

all 5 news articles »
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Friday, February 17, 2012
Florida Governor Witnesses Examples of Insurance Fraud - ClaimsJournal.com
By host @ 9:37 AM :: 44 Views :: 0 Comments :: Article Rating :: Catnip

Sunshine State News

Florida Governor Witnesses Examples of Insurance Fraud
ClaimsJournal.com
The crashes demonstrated – 'Drive Down,' 'Panic Stop,' and the 'Swoop and Squat' – are the most widely recognized accidents used by criminal networks to fraudulently bill insurance companies with claims for non-existent injuries.
Scott's staged crashes drive home attention on PIP reformCentral Florida News 13
Scott Encourages House Effort to Reform No-Fault Insurance to Fight FraudSunshine State News
Police Crash Cars to demonstrate Florida's Accident Fraud ProblemFirst Coast News
WCTV
all 43 news articles »
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Friday, February 17, 2012
BofA's Countywide Faces Claims Of 'Widespread Fraud' In Lawsuit - Huffington Post
By host @ 9:19 AM :: 65 Views :: 0 Comments :: Article Rating :: Catnip

CNBC.com

BofA's Countywide Faces Claims Of 'Widespread Fraud' In Lawsuit
Huffington Post
Countrywide appears determined to withhold this evidence from MBIA despite its clear relevance to several of MBIA's claims." The request came after Countrywide produced what MBIA called an "incomplete" set of loan records backing MBIA-insured ...
MBIA Adds to Fraud Claims Against BofA's CountrywideCNBC.com

all 17 news articles »
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Friday, February 17, 2012
Citigroup Enters $158M Mortgage Fraud Settlement with US - PropertyCasualty360
By host @ 9:05 AM :: 43 Views :: 0 Comments :: Article Rating :: Catnip

Moneycontrol.com

Citigroup Enters $158M Mortgage Fraud Settlement with US
PropertyCasualty360
More than a third of those mortgage loans went into default, resulting in millions of dollars in losses for the government because of the insurance claims. "For far too long, lenders treated [the government] insurance of their mortgages like they were ...
Citigroup to Pay $158 Million in Mortgage Fraud SettlementNew York Times
Citigroup Mortgage Insurance Whistleblower: 'I Have No Regrets'Insurance Journal
Citigroup pays $158M to settle mortgage fraudBusinessWeek

all 330 news articles »
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Friday, February 17, 2012
Canada New Job Insurance Claims Drop 0.1% In December - NASDAQ
By host @ 8:48 AM :: 46 Views :: 0 Comments :: Article Rating :: Catnip

CTV.ca

Canada New Job Insurance Claims Drop 0.1% In December
NASDAQ
OTTAWA -(Dow Jones)- The number of Canadians filing initial and renewal claims for unemployment insurance benefits dropped 0.1% in December from the prior month, Statistics Canada said Friday. Claims declined in Saskatchewan and Quebec and increased in ...
Canada December Employment Insurance Report (Text)Bloomberg
Canada jobless claims inch up in DecemberUPI.com
Canada. The number of people receiving Employment Insurance (EI) benefits edges upTolerance
MNI News -Montreal Gazette
all 37 news articles »
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Friday, February 17, 2012
Direct Line Italy Selects Guidewire Solution for Claims Management - EON: Enhanced Online News (press release)
By host @ 8:25 AM :: 45 Views :: 0 Comments :: Article Rating :: Catnip

Direct Line Italy Selects Guidewire Solution for Claims Management
EON: Enhanced Online News (press release)
Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key functional areas in insurance – underwriting and policy administration, claims management, and billing.

and more »
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Thursday, February 16, 2012
Commerce department claims Travelocity.com improperly sold insurance; refunds ... - Alexandria Echo Press
By host @ 1:23 PM :: 44 Views :: 0 Comments :: Article Rating :: Catnip

Commerce department claims Travelocity.com improperly sold insurance; refunds ...
Alexandria Echo Press
The Minnesota Department of Commerce says that 81970 Minnesota consumers who purchased travel insurance on Travelocity.com between June 1, 2009 and January 24, 2012 will receive nearly $2.5 million in refunds. ST. PAUL, MN – The Minnesota Department of ...

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Thursday, February 16, 2012
jobless claims near four-year low - Financial Times
By host @ 12:26 PM :: 45 Views :: 0 Comments :: Article Rating :: Catnip

jobless claims near four-year low
Financial Times
The US labour market continued to strengthen as first-time claims for jobless benefits fell unexpectedly to a near four-year low. The number of individuals who filed for unemployment insurance for the first time declined 13000 to 348000 in the week ...

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Thursday, February 16, 2012
Self-insurance and the contraception mandate - Commonweal (blog)
By host @ 12:07 PM :: 45 Views :: 0 Comments :: Article Rating :: Catnip

Self-insurance and the contraception mandate
Commonweal (blog)
Employers that self-insure provide health insurance directly to employees, paying the health care claims of their workers. Large employers often choose to self-insure because they can spread the risk across hundreds or thousands of workers.
Ensuring Employee Insurance [New Jersey Business (NJ)]Insurance News Net (press release)

all 3 news articles »
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