PRAXIS is headed to PRIMA 22 in San Antonio! We look forward to seeing you there! Come visit us at booth #321 right across from the PRIMA booth!

Does Your Staff Assess or Confirm Coverage?

The assessment of coverage is the most important yet frequently brushed over area in claims handling.  Specific to property, professional liability, and employment practices liability, the coverage analysis should outline the counts/actions/allegations in the claim or lawsuit and the application of the coverage document language including effective date of coverage, policy term, named perils applicable, …

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The Three Keys to Litigation Management!

Litigation expense costs account for the largest portion of overall claims expenses.  If not effectively managed, these costs will cut into the profitability of your book of business.   After years of reviewing the litigation management practices of public entities, risk pools, insurers, and reinsurers there are three commonalities that all successful programs possess.  Panel Counsel …

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Why Perform A Claims Audit?

A claims audit evaluates numerous claims management policies and procedures which include but are not limited to: claims investigation coverage/compensability evaluations damage evaluations reserving practices litigation management documentation member/client communication subrogation/contribution potential settlement practices  If any of these areas of claims management are not being handled effectively and efficiently then that means that your organization …

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