Articles by Denise Johnson

2 Year Anniversary of Superstorm Sandy

Superstorm Sandy made landfall on October 29, 2012 near Atlantic City, N.J., causing an estimated $18.75 billion in insured property losses, making it the third most costly U.S. storm, according to ISO’s Property Claim Services (PCS). Though there were more …

Ebola’s Impact on Insurance Lines

As fears that an Ebola pandemic is on the horizon, many businesses are looking to insurers to allay their fears. While an outbreak could potentially impact several lines of insurance including workers’ compensation, business interruption, supply chain disruption, general liability …

Litigation Trifecta Keeps Insurers Busy

Suits related to violations of the TCPA Act, cyber breaches and concussions remain at the top as far as litigation trends go, according to industry experts. And while insurers are unlikely to be targeted as a direct defendant in a …

Technology May Trump Policy When it Comes to Police Pursuits

Despite well-intentioned policies intended to reduce the risk to public safety, police chases are still making headlines. Last month, six people were killed in Houston after their vehicle was hit by a suspect fleeing police. Last week, a dog was …

Cyber Coverage Experiences Growing Pains

In light of businesses increasing usage of information assets and advancing technology insurers are pulling away from cyber coverage, according to Kevin Kalinich, global practice leader of cyber risk insurance at Aon Risk Solutions. “A big misconception is that these …

Using Technology to Resolve Auto Claims More Quickly

The ability to report claims via mobile devices and streamlining the payment process are among the advances in technology that have helped reduce the cycle time for auto damage claims, according to industry experts. In addition, technology has helped with …

Down With Auto Accidents!

Retiring Boomers, Graduated Teens, Smart Technology Converge to Reduce Auto Accident Frequency The claim frequency in private passenger auto insurance has been declining steadily over the past decade — a trend linked to a number of factors including a rise …

New Software Promises to Cut Claims Assignment Time

CEO Sees Product Moving in Same Direction as Uber App New software released by IAS Claim Services, a nationwide independent insurance adjusting company, promises to cut the time it takes to assign claims as well as processing time, according to …

Power Industry Presents Evolving Risks

The power industry requires a lot of underwriting expertise due to its unique risks and complex supply chain. According to Aon Risk Solutions’ CEO, the power industry is rapidly developing. “Power is one of the fastest growing segments in the …

Nursing Home Liability Claims Require Specialized Handling

Specialized knowledge is a requirement for handling the risks associated with nursing homes, according to industry experts. Rob Jurgel, the underwriting president at Mass.-based SCI Underwriting Management, a managing insurance agency with a focus on the aging service industry, said …