Top News www.claimsmag.com   June 23, 2010
WEB EXCLUSIVE: Punitive Damages: Inching Towards Predictability
Although there are still are no guarantees and the law varies among jurisdictions, a small measure of predictability is creeping in the area of punitive damages. Read here about recent court decisions that may shape settlements in the future.

P&C Companies Lowering Employee Compensation, Benefits
A Cincinnati-based consulting firm examined the employment practices and benefits of 117 P&C companies. The study results were somewhat disheartening, as further reductions in employee benefits and salaries are anticipated throughout 2010. What factors are driving the decrease? Read more

KMC on Demand Tool Helps Ensure Compliance
A new tool is available from KMC on Demand to help insurers and claim administrators track the status of adjusters' continuing education (CE) credits and state licensing requirements. Click here to learn about system capabilities.

Tweet Suite Digest — June 23, 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: Beguilement on the Bayou
One slippery Lafayette, La. resident wasn't able to talk his way out of mail fraud and money laundering violations. Read more

Claims IQ

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

Insured losses related to damage from lightning strikes topped more than $1 billion in the U.S. for the first time in which year?

A. 1996
B. 2004
C. 1998
D. 2008

Answer Here!

Last week's question was:

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

Congrats! Seventy-four percent of e-News readers answered last week's trivia correctly. Long before the "Ring of Fire" became synonymous with falling in love — thanks to Johnny Cash — it referred (and still does) to the area where numerous quakes and eruptions occur in the basin of the Pacific Ocean.

Earlier this week, disaster struck Ohio's famed "Touchdown Jesus" and got us thinking about lightening strikes. Let's see what you know about the subject.

Here are the final results for last week:

A. 3%
B. 5%
C. 74%
D. 18%

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