Article Abstract:
Gas manufacturing plants that operated up until the 1950s are causing new claims to be filed with insurers. The producers or their successors, in an attempt to escape liability for cleanup of the polluted area by federal and state agencies, are filing liability claims with their insurers. Defense against a gas manufacturing plant liability claim requires an insurer to asses the insured's liability, complete an analysis of the site to determine when the pollution occurred and to acquire as much information about the site as possible.
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Article Abstract:
Reducing fraud in an agency needs to start with the claims handlers who investigate a claim,a dn may need to involve law enforcement and private security personnel. Handlers need to follow strict procedures when investigating a claim. Surveillance of the claimants may be necessary, and in some cases has turned up imprisonable fraud. Tests of the claimants may also be used to determine the validity of the claims.
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Article Abstract:
Court issues often predict the nature of future underwriting and loss management concerns. Employment, advertising injury, defamation and financial security and wrongful disclosure of private information cases are expected to be key concerns for the insurance industry. Insurers can prepare for potential losses by keeping current on insurance litigation.
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