Getting Claim Costs Under Control: Improve Your Loss Ratio Using These Proven Fundamentals

By Michael T. Murdock, CPCU, ARM | March 1, 2016

  • March 4, 2016 at 3:02 pm
    Dean says:
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    Interesting, but I’d like to see the research supporting this statement: “The loss ratio can be adversely impacted by claim handling, underwriting and rate inadequacy with claim leakage as a primary cause of loss ratio deterioration.” Specifically, what evidence points to claims leakage as the primary cause of loss ratio deterioration?

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