Data

June Foreclosure Numbers Remain High

According to CoreLogic’s most recent data, there were 55,000 foreclosures in June 2013, reflecting a 2.5 percent increase over May 2013. The term “completed foreclosures” refers to the number of homes actually lost to...

The Only Constant Is Change

Year after year, we're astounded by the implications of Moore's Law. That’s the observation that the number of transistors on an integrated circuit has doubled every year since the microchip was invented and data...

21st Century Data Governance

Strategies that businesses rely on for big data continue to evolve at breakneck pace. Many companies still follow the 20 th century best practices: data stewardship, data and quality standards, and use of data...

April’s 52,000 Completed Foreclosures Cause Concern

According to CoreLogic, lenders completed 52,000 foreclosures in April 2013. The term completed foreclosures refers to the number of homes actually lost to foreclosure. The company reports that there have been an...

Foreclosure: Insurers Have Reason for Concern

The March 2013 CoreLogic National Foreclosure Report stated that more than 1 million homes are in some stage of foreclosure. Here are a few more March 2013 foreclosure insights: Completed foreclosures rose from 52,000...

Solving Workflow Issues in Subrogation

Do you rely on manual processes for subrogation? They can be time-consuming and may result in missed opportunities. The time and labor involved in subrogation has a tangible cost. The good news is you can handle many ...

Retain Customers through Better Subrogation

Imagine a scenario where a driver runs a stop sign and hits Mary Smith’s midsize sedan. Mary’s insurer pays for her vehicle’s damages minus her deductible — which, hoping to save on insurance costs, Mary increased to...

Five Insights into December Foreclosure Activity

Property claims adjusters need to stay alert to foreclosure activity. With 767,000 foreclosures in 2012 according to data from CoreLogic, the problem remains significant, and it could increase the likelihood of...

Five Insights into the PCS Catastrophe Loss Process

Do you know how Property Claim Services ® ( PCS ® ) develops catastrophe loss estimates? We’re ready to help. Download our new guide to the PCS catastrophe loss estimate process now to get started. In the new guide,...

Claims Modernization: Are You Prepared for Emerging Risks?

New risks and claims scenarios are routine in the insurance industry today. For the claims department, that means being able to understand new factors that contribute to a loss. New risks also involve new ways scammer...