Handling and processing claims can be a delicate and demanding process. Add into the mix that litigation could be a factor and that process can become even more demanding. Let’s look at some strategies that can be practiced to avoid...
Effective Claims Handling for Avoiding Litigation
by Veritas Administrators on Nov 22, 2022 12:57:52 PM
4 Best Practices for Preserving Evidence
by Veritas Administrators on Mar 29, 2018 2:20:00 PM
The preservation of evidence is a significant step in the claim handling process. When it is done correctly, and in a timely manner, it will assist in determining liability as well as controlling claim costs. There are best practice...
How Social Media Investigations Assist in Fighting Insurance Fraud
by Veritas Administrators on Feb 8, 2018 2:03:14 PM
Let’s start with a story. There once was a young lady who slipped and fell in a retail store. She alleged multiple injuries, including permanently disabling back issues. Her lawsuit claimed that her life would never be the same, and...
Navigating the Complexity of the 4 Coverage Trigger Theories
by Veritas Administrators on Jan 26, 2018 2:02:01 PM
Determining which insurance policy applies when dealing with a claim can sometimes be straightforward. For example, a claimant falls and breaks a leg. The policy at the time of the fall will cover the claim. Sometimes it’s not that...
Best Practices for Mitigating the Severity of Bodily Injury Claims
by Veritas Administrators on Jan 17, 2018 3:34:20 PM
Picture a serious auto accident with severe injuries. There is fear, pain, trauma, worry and many unknowns. If it were you, how would you want to be treated? During the claim handling process, one of the best measures for a claims...
3 Approaches for Moving Your Claim Data from TPA to TPA
by Veritas Administrators on Dec 15, 2017 1:39:28 PM
One of the key decisions organizations face when changing TPAs is how they are going to move their claim data. The time and cost involved in moving claim data can make it difficult and even cost prohibitive for an organization to move...
Investigating Texting and Driving Accidents with the Textalyzer
by Veritas Administrators on Nov 9, 2017 1:33:57 PM
The number of distracted drivers is on the rise. Not only is it annoying for other drivers on the road, but it can also be deadly. The increasing number of accidents related to texting and driving is alarming.
During the claim...
Why an Assessment of Your Claim Handling Process is a Must Have
by Veritas Administrators on Nov 2, 2017 3:09:59 PM
Many employers have a false sense of security when it comes to their Workers’ Compensation claim handling process. This despite following their claims provider’s “best practice” guidance to immediately report incidents in the...
6 Areas of Concern When Handling Green Building Claims
by Veritas Administrators on Oct 26, 2017 2:38:48 PM
Dealing with claims related to green buildings adds a bit of complexity to the claim handling process. Claims for repairs to conventional buildings will usually be priced per square foot. It's not that simple with green buildings.
Dram Shop Claims – 4 Alerts to Deny Liability that are Often Missed
by Veritas Administrators on Oct 12, 2017 10:15:26 AM
Current “dram shop” laws allow an establishment or individuals to be held responsible if a person is served liquor, and subsequently causes an accident that results in death, injury or damage. The term “dram shop” dates back to the 18...