Top News www.claimsmag.com   June 16, 2010
WEB EXCLUSIVE: The Subrogation Cash Cow
In this economy, companies face immense pressure to scale back and increase the bottom line. That being the case, it is more crucial than ever for insurance carriers to maximize subrogation recoveries. The author details two key strategies that will enable carriers to move out of the red ink and into profitability. Read more

The Hartford Settles $72.5M Class Action
The Hartford has agreed to settle a class-action lawsuit that alleged the company used questionable business practices when paying personal injury and workers' compensation claims. Find out more about the cases and consequences here.

NICB Raises Eyebrow at Hail Storm Losses
In its latest ForeCAST analysis, the National Insurance Crime Bureau (NICB) reported a significant swell in both hail loss claims and hail loss questionable claims (QCs). The total hail loss claims filed increased by 61 percent during the past few years, but what about QCs? Click here for the most recent statistics, including a geographic breakdown of losses.

Tweet Suite Digest — June 16, 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 claimsmag.com. What can Twitter do for you? Click to find out.

Fraud of the Week: Playing for Poughkeepsie
Following an injury on the job, a 60-year-old man swore that he could hardly walk and began receiving workers' comp payments. But who performed the mysterious home renovations that ensued, and why does the man now face prison time? Read more

Claims IQ

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

Indonesia lies in this arc of fault lines circling the Pacific Basin that is prone to frequent earthquakes and volcanic eruptions.

A. The Cascade Volcanic Arc
B. The Northern Cordilleran Volcanic Province
C. The Ring of Fire
D. The Kamchatka Peninsula

Answer Here!

Last week's question was:

Of the nine named storms during the 2009 Atlantic hurricane season, how many developed into hurricanes?

A. One
B. Three
C. Five
D. Six

Bill, Fred, and Ida were the only storms that developed into hurricanes in 2009, which saw the fewest hurricanes for an Atlantic season since 1997. Both Bill and Fred were classified as major hurricanes. Sixty-three percent of e-News readers answered correctly. Great job!

Here are the final results for last week:

A. 12%
B. 63%
C. 20%
D. 5%

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