Top News www.claimsmag.com   July 21, 2010
WEB EXCLUSIVE: Evaluating E-Billing Systems
All e-billing systems are not alike. Despite what some vendors say, there are distinct differences in choosing an e-billing system for an insurance claim litigation environment. Knowing where you are going in selecting the right system begins with a disciplined selection process that focuses on two important factors. Read more

Ward Group Releases 2010 List of Top P&C Companies
For the past 20 years, the Ward Group has analyzed the financial performance of thousands of P&C insurers in the U.S. to compile a top 50 list of those that are demonstrating the most financial stability. This year, Ward examined more than 3,000 P&C companies, noting nine new additions to last year's top performers. Read more

House Passes Five-Year NFIP Extension; Industry Objects to Amendment
Last week the House passed legislation that would provide certainty to the National Flood Insurance Program (NFIP), but an amendment drew condemnation from insurer groups, leading one to withdraw support for the bill. Read more

Tweet Suite Digest — July 21, 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: Necktie Negligence
A Lynnwood, Wash. man is charged with two counts of insurance fraud after claiming that car thieves made off with his collection of silk neckties worth thousands of dollars. Read more

Claims IQ

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

Thunderstorms don't get as much attention for their destruction as hurricanes but cause a lot of damage. What is the total property loss related to lightning strikes annually?

A. $66 million
B. $370 million
C. $1 billion
D. $5 billion

Answer Here!

Last week's question was:

BP and President Obama jointly appointed this "pay czar" administrator of the $20 billion compensation fund for Deepwater Horizon victims.

A. Darryl Willis
B. Kenneth Feinberg
C. Max Weinberg
D. Rosie Gumataotao Rios

In a slam-dunk victory, 75 percent of e-News readers correctly identified the pay czar known as Kenneth Feinberg. But what do you know about thunderstorms? Let's see if this week's trivia question will get you charged up.

Here are the final results for last week:

A. 16%
B. 75%
C. 7%
D. 2%

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