308 Systems to Feature the Globalstar GSP-1600 Phone in TAC-PAK(TM).
HERMOSA BEACH, Calif., June 5 /PRNewswire/ -- 308 Systems, Inc., supplier of state-of-the-art remote communications packages, today announced the addition of the Globalstar GSP-1600 phone by QUALCOMM to the 308 Systems TAC-PAK(TM), a battery powered, portable communication system integrated into one small, briefcase-sized package. The Globalstar phone...

Claims Management Professional Joins SalvageSale, Inc.
Online Marketplace Expands Claims Recovery Solutions Team HOUSTON, May 30 /PRNewswire/ -- SalvageSale, Inc., the leading independent online market-place for claims recovery and commercial salvage, recently announced the addition of Lee Williams to the company's Houston-based Claims Recovery Solutions (CRS) Team. Williams joins the team...

Taking time to adjust: executives confirm and deny a current shortage of claim adjusters, but all agree the industry is undergoing a major change in how it recruits, trains and retains its troops.
Summary * The insurance industry fails to agree on whether there is a day-to-day shortage of claim adjusters. * Hurricane Katrina stretched the adjuster pool to its limits, and put a spotlight on the differences between adjusters employed by insurance companies versus independent adjusting firms....

Scoping claims contentions: oh, where did those golden days of property claims go when risk managers, adjusters and insurers held hands, sung the Coca-Cola song and strolled through a settlement to the satisfaction and betterment of all?
Summary * Some property policyholders dream of a yesteryear when claims went smoothly, quickly and generously. * Claims experts discuss whether such a golden era existed and if claims are more contentious today than ever. ********** [ILLUSTRATION OMITTED] The...

Power brokers: transportation: let's face it, there's little glamour in insuring trains and trucks. But when you consider how many people and how much freight travel by road and rail, protecting the inland marine industry from losses is important.
Scott C. Richards Scott C. Richards leads Marsh's National Center of Excellence for Transportation and is a senior client executive, responsible for managing accounts for more than 20 major U.S. motor carriers. Richards and the NCOE team create solutions for injury management programs, captive programs and alternative...

American Electric Power. (Executive Moves).
American Electric Power, an energy company based in Columbus, Ohio, has created several positions in risk management: Scott N. Smith has been named senior vice president and chief risk officer. He is responsible for enterprisewide risk management and joined AEP mid-2001 as vice president and chief risk...

Insurance survey: Pak, India bhai bhai.
Byline: Viju B MUMBAI: The next time an insurance company sends someone over for a survey of your house, don't be surprised if it's an executive from Pakistan. With an increasing number of insurance claims, tragedies and natural disasters, the insurance surveyors of Pakistan and...

North's star shining bright: David North, president and CEO of Sedgwick CMS, has embarked on an aggressive acquisitions and expansion strategy with the capital infusion from Fidelity National last year.
Within the claims management industry, Sedgwick CMS President and CEO David North may be the most articulate, if not glib, CEO in the industry. He's known for being exceptionally well-prepared, funny and enthusiastic, and perhaps more than a bit obsessive in his pursuit of business. Says One broker who...

Arthur J. Gallagher & Co. Acquires Equity Underwriting Group Companies.
ITASCA, Ill. -- Arthur J. Gallagher & Co. today announced the acquisition of Equity Insurance Managers, Inc., Equity Insurance Administrators, Inc. and 21st Century Claims Service, Inc. all of Lexington, Kentucky. Terms of the transactions were not disclosed. Founded in 1967, Equity Insurance Managers, Inc. is a...

Insurers Brace for Change.
Technology keeps changing the way insurers do business. Expert systems, predictive modeling, and e-commerce are all expected to transform the rules of doing business in the property/casualty industry Better decisions faster. This is the concept at the heart of new technologies in the insurance industry. Advancing technologies,...