Automotive Insurance Claims Industry

Olympus Managed Health Care Appoints Steve Stoute, Insurance Industry Executive, to Board of Advisors

July 9th, 2009

Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that Steve Stoute, a veteran insurance industry executive, has been appointed to the company’s Board of Advisors. The Board establishes and manages the strategic direction of the company.
Stoute brings nearly 50 years of insurance industry experience [...]

The Protection Insurance Industry and IT – A Mixed Picture of Success, Reports FINEOS

June 26th, 2009

FINEOS Corporation, a global provider of innovative enterprise software solutions for insurance, announced the findings of the Protection Review survey carried out for the Personal Finance Society (PFS) and sponsored by FINEOS. The survey offers a snapshot of the protection market and the results help the life insurance industry develop the right solutions to meet [...]

Peak Performance Signs with Fifth Third Bank to Offer a Check Print Outsourcing Service for the P&C Insurance Industry

February 19th, 2009

Peak Performance Solutions, Inc. has signed with Fifth Third Bank to offer web-based check printing services to the Property & Casualty Industry as part of Peak’s insurance technology solutions.
Check and Form Printing Outsourcing through Peak Performance and Fifth Third Bank provides a cost-effective solution to transform and enhance your check/notice/disclosure/form printing and distribution process. By [...]

Missouri Employers Mutual Insurance in Production with Guidewire ClaimCenter

February 11th, 2009

Missouri Employers Mutual Insurance (MEM), Missouri’s largest workers’ compensation insurer, and Guidewire Software®, a leading global provider of solutions to property/casualty insurers, today announced that MEM has fully deployed Guidewire ClaimCenter® as its new claims management system. ClaimCenter is now in use by MEM’s 95-person claims handling team and has fully replaced the company’s internally [...]

BrickStreet Insurance First Workers Compensation Company To Apply Advanced Analytics to Claims Processing

November 17th, 2008

BrickStreet Mutual Insurance Company is the first workers’ compensation company to use uReveal™, a next-generation advanced analytic software, according to an announcement today by IxReveal, the software’s manufacturer. BrickStreet is one of the largest writers of workers’ compensation insurance coverage in the nation and the largest in West Virginia.
“BrickStreet is the first workers’ compensation company [...]

Strategic Initiatives Focus Intercare Holdings Insurance Services, Inc. on Core TPA and Managed Care Services

October 9th, 2009

As a result of the development of a new long-range plan for 15-year-old Intercare Holdings Insurance Services, the firm’s senior management team has announced a series of strategic moves that have focused the Roseville-based company on its core competencies.
CEO George “Mac” McCleary detailed the plan, highlighting the divesture of an insurance brokerage operation and other [...]

ICW Group Insurance Now Offers Workers’ Compensation in Illinois

July 10th, 2009

ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]

New Mexico Superintendent of Insurance Rules New Mexico Title Insurance Rates to Increase 10.7 Percent Effective August 1, 2009

July 2nd, 2009

The New Mexico Superintendent of Insurance announced June 30, 2009, that effective August 1, 2009, real estate title insurance premiums would rise by 10.7 percent overall. Additionally, the remittance rates from title agencies to underwriters increased from 19 percent to 20 percent for residential properties. A new rate schedule has yet to be released.
This ruling [...]

Mitchell International Makes Estimating Accuracy Faster, Easier and Ready for the Future

July 2nd, 2009

Mitchell International, Inc., a leading provider of information, workflow and performance management solutions to the Property & Casualty claims and Collision Repair industries, today announced the release of UltraMate? 7, the next major version of one of the industry’s most widely accepted collision estimating solutions for both insurers and collision repairers. In addition to adding [...]

Willis Chief Sees Financial Turmoil as a Golden Opportunity for the Insurance Industry

June 17th, 2009

In a time of financial turmoil, the insurance industry faces an unprecedented opportunity to begin selling on value and not on price, Joe Plumeri, Chairman and CEO of Willis Group Holdings the global insurance broker, told delegates at Insurance Day’s Summit Bermuda here. Delivering the keynote address at today’s event, Plumeri said that the [...]