Top News   August 18, 2010
WEB EXCLUSIVE: Offshoring Trends: From Cost Reduction to Growth Strategies
Instead of using offshoring for cost-reduction purposes alone, insurers should evaluate it as nothing less than part and parcel of their strategic efforts to promote growth and increase profitability. Read more

Crawford Confirms New Role in Oil Spill Claims
Crawford & Company recently confirmed that one of its subsidiaries has been retained to assist Feinberg Rozen, LLP with Mr. Ken Feinberg's role as the administrator of the Gulf Coast Claims Facility. Click here to learn more about Garden City Group (GCG) and what — if any — impact this will have on Worley Catastrophe Response Company's role in the process.

Workers' Comp Risk Management Award Winners Named
On Monday, Aug. 16, National Underwriter revealed the three winners of its fourth annual "NU Award For Excellence in Workers' Comp Risk Management" program, sponsored by NCCI. To learn more about this year's role models, click here.

Tweet Suite Digest — August 18, 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 What can Twitter do for you? Click to find out.

Fraud of the Week: Signature Moves
A woman in New York has signed her way into criminal charges and jail time after getting mixed up in a web of forgery and fraud. Read more

Claims IQ

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

According to I.I.I. President Dr. Hartwig, the recession has caused the largest impact on workers' compensation exposure in ___ years.

A. 2
B. 15
C. 30
D. 60

Answer Here!

Last week's question was:

I.I.I. reports that overall employment in the P&C insurance sector has dropped ___ since the recession began in 2007.

A. 2 percent
B. 5.5 percent
C. 10.5 percent
D. 30 percent

As evident from last week's trivia results, a little more than half of e-News readers are very attuned to our industry's employment trends. Let's try to up that number with this week's question, which is related the steep decline of workers' comp profitability.

Here are the final results for last week:

A. 6%
B. 52%
C. 33%
D. 9%

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