Top News www.claimsmag.com   January 20, 2010
WEB EXCLUSIVE: The Age of the Disposable Vehicle
In response to high fuel prices, several car makers are introducing a smaller class of vehicles. But these cars may be prime candidates for totaling out, and the potential impact of more total losses on the collision repair marketplace could be huge. Read more

P&C Insurers Criticized for Talent Recruitment Efforts
In a recent report, McKinsey & Company cautions that if the industry doesn't address its current shortcomings in addressing fresh talent, then carriers' ability to compete against organizations outside the industry may be compromised. Read the firm's current assessment and proposed remedies here.

Cadmium-Laced Jewelry Could Expose Liability Insurers
The discovery of cadmium in jewelry is likely to lead to significant exposure for jewelry distributors and retailers, as well as their liability insurers. Read about what lab tests of 103 pieces of low-priced jewelry manufactured in China and sold by American retailers revealed here.

Tweet Suite Digest — January 20, 2010
Claims Magazine is twittering every day about breaking news and timely topics, not to mention keeping readers up to date on the latest postings to claimsmag.com. What can Twitter do for you? Click to find out.

Fraud of the Week: Rio Grande Gambit
Severiano Becerra stands accused of ditching his car in Mexico and then reporting it stolen so he could cash in on his insurance policy. One investigation and signed confession later, the San Jose, Calif. resident faces five years in jail. Read more

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Claims IQ

Each week we test readers on their claim knowledge. This week's question is:

Cell phone distraction is to blame for ___ auto accidents in the U.S. every year, according to a report from the National Safety Council.

A. 1.6 million
B. 750,000
C. 86,000
D. 25 million

Answer Here!

Last week's question was:

Which of these ranks as the most powerful earthquake to date, having registered 9.5 MMS?

A. Great Kanto earthquake (1923)
B. Valdivia earthquake (1960)
 C. Mexico City earthquake (1985)
D. Afghanistan earthquake (1998)

Last week's question stumped many e-News readers, as only 28 percent knew that the 1960 Valdivia earthquake — also dubbed the "Great Chilean Earthquake" — is still the most powerful quake to date. It triggered tsunamis, landslides, flooding, and a volcanic eruption. Better luck next time!

Here are the final results for last week:

A. 21%
B. 28%
 C. 49%
D. 2%




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