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Top News www.claimsmag.com   June 30, 2010
WEB EXCLUSIVE: Watch Out For That Fourth Step
Collision repair is no longer an art; it's re-manufacturing science. What measures should a repair shop take to restore the actual safety of the car, in light of new demands from continually emerging car models? Read more

Geico Lodges $1.8M Lawsuit for Suspected No-Fault Fraud in NY
On June 11, 2010, Geico filed a lawsuit accusing a Queens, New York radiology center of carrying out a no-fault auto insurance fraud scheme that involved filing thousands of suspect claims for service. Learn how the insurer's SIU pinpointed the fraud here.

White Paper: 7 Levels of Claim Processing Automation
This white paper identifies seven levels of claim automation and provides a roadmap that can be followed to enhance claim processing for insurance companies worldwide. Read more

Tweet Suite Digest — June 30, 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: The Fraudtastic Four
This group of Californians hatched a plan whereby they defrauded insurers out of $1.5 million. Read the details and what alerted authorities to the scam here.

Claims IQ

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

U.K.-based Halifax Home Insurance anticipates a rise in summertime claims as sports fans try to emulate stars of Wimbledon. Who is the youngest man to win the prestigious tournament?

A. Boris Becker
B. Jimmy Connors
C. Pete Sampras
D. Roger Federer

Answer Here!

Last week's question was:

Insured losses related to damage from lightning strikes topped more than $1 billion in the U.S. for the first time in which year?

A. 1996
B. 2004
C. 1998
D. 2008

Lightening strikes proved to be tricky terrain, as only 28 percent of readers knew that 2008 marked the first year that losses related to this phenomenon surpassed the billion-dollar mark. That year, insurers received more than 246,020 such claims, with the average claim costing $5,321. This week, kick back with some strawberries and cream and take a swing at a fresh round of trivia.

Here are the final results for last week:

A. 7%
B. 39%
C. 26%
D. 28%




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