Metrics drives decision-making, according to 72 percent of insurance staff handling litigated claims that responded to a recent survey by LexisNexis. Survey respondents of the 94 U.S. property/casualty insurers ranged from staff counsel to vice president of claims and reported …
According to a recent LexisNexis/CounselLink survey of 86 property/casualty claims and law departments, controlling defense costs was the key initiative for 2015 and 2016. Respondents of the LexisNexis Property & Casualty Claims and Litigation Cost Containment Survey ranged from vice …
A recently released LexisNexis Risk Solutions’ study found that carriers that incorporate real time data analytics into the claims process at first notice of loss can more accurately and consistently triage claims, identify potentially fraudulent files and capitalize on subrogation …
The Federal Bureau of Investigation is probing an “intrusion” targeting data at LexisNexis, one of the nation’s largest collectors of information about people and businesses, a company spokesman said. Along with the FBI, outside forensic investors are also working with …
As victims of Superstorm Sandy pick up the pieces of their lives and insurers wade through thousands of claims, industry and public officials are raising concerns about fraud. Since the storm, the National Insurance Crime Bureau (NICB) has issued two …
Employers tripled their employment verifications of commercial drivers during the first half of 2012, possibly indicating that companies are experiencing a driver shortage and are processing more applicants through electronic means, according to a commercial driver study by LexisNexis Risk …
It appears that bad drivers live shorter lives than good drivers and not just because they get in accidents. The same motor vehicle driving records already widely used to help determine how much a consumer pays for car insurance can …