Top News   November 3, 2010
WEB EXCLUSIVE: "The Carlos Factor"
In insurance, we plan for and anticipate certain risks, but life and circumstances dictate what really happens. Read about how being unprepared can mean making costly mistakes here.

P&C Industry At Crossroads, PCI Exec Says
The P&C industry has been through tough economic times, a slow recovery and "unparalleled" government expansion, but has "weathered the economic storm," according to the CEO of PCI. Read more of what he had to say about the state of the industry here.

App Makes Winning a Real Loss for Adjusters
An iPhone app game that focuses on denying claims to win "points" is reinforcing the negative stereotypes associated with those involved in the insurance adjustment process. Could this little app create bigger problems for the image of the industry?

Tweet Suite Digest — November 3, 2010
Claims Magazine is twittering every day about breaking news and timely topics, not to mention keeping readers up to date on the latest postings to What can Twitter do for you? Click to find out.

Fraud of the Week: It's All in The Family
A North Carolina insurance adjuster has been arrested and charged with four counts of embezzlement for sharing some stolen wealth. Read here to find out more about the case.

Claims IQ

Each week we test readers on their claim knowledge. This week's question is:

This week you can read here about losses from a series of storms that occurred in Ohio earlier this year. Initial insured loss estimates are at least $17.2 million. What were the total losses in the costliest Ohio natural disaster in recent times?

A. $1.135 billion
B. $320.3 million
C. $441 million
D. $2.541 billion

Answer Here!

Last week's question was:

The earthquake that struck off the coast of Indonesia hit a 7.5 on the Richter scale. According to a 2008 U.S. Geological Survey study, what is the probability of an earthquake with a 6.7 magnitude or greater hitting the U.S. within the next 30 years?

A. 58% chance
B. 32% chance
C. 99% chance
D. 76% chance

Last week's trivia shook a few respondents, but 36 percent of you held onto the right answer. According to a 2008 study compiled by experts from the U.S. Geological Survey, USC's Southern California Earthquake Center and the California Geological Survey, there is a 99 percent chance that at least one earthquake of 6.7 magnitude or greater will occur in the next 30 years.

Here are the final results for last week:

A. 19%
B. 16%
C. 36%
D. 29%

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