Insurance News

Posts Tagged ‘Experts

Experts in fighting insurance fraud say scams that historically escalate in a poor economy will increase in 2010, with health-related activity at the top of the list and with smaller firms as favored targets

A recent survey of 37 fraud bureaus found the selling of bogus health insurance to small businesses is now the number one scam, according to Dennis Jay, executive director of the Coalition Against Insurance Fraud, based in Washington, D.C.

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As the insurance industry navigates through increased and never-ending change, some common challenges are surfacing among independent agents. Among them:

? How do we continue to grow in the soft market?

? How do we compete in the current environment?

? How do we become more of a sales organization?

? How can we become more efficient?

Each of these questions requires in-depth analysis, followed by proactive Read the rest of this entry »

Experts say 2009 already has been proved a dangerous year for lightning strikes in the United States and warn the worst may be yet to come.

National Weather Service lightning expert John Jensenius said 11 people have been killed in the United States by lighning strikes just this month as the particularly dangerous summer months get under way, ABC News reported Monday.

“Last year was an exceptionally good year for not having fatalities. Read the rest of this entry »

If analysts did no better than predicting stock prices would equal the average of the last five years, one would hope they’d find a different career — or at least take their work private while they refined their techniques.

That’s the sorry track record of climatologists who each year predict the number of hurricanes that will threaten the Caribbean and Southeastern U.S. before the storm season begins on June 1. Yet their seasonal forecasts Read the rest of this entry »