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  • COVID-19: LONG-TERM IMPACT ON THE INSURANCE INDUSTRY

    COVID-19: LONG-TERM IMPACT ON THE INSURANCE INDUSTRY

    The year 2020 has been incredibly challenging in many respects. One of the largest and most often discussed challenges this year is the COVID-19 pandemic. It is fairly well known that the pandemic itself has produced a ripple effect of difficulties for nearly every industry, and the insurance industry is no exception. Shorter-term impacts on

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  • Claimant Satisfaction Translate Loyalty

    Claimant Satisfaction Translate Loyalty

    The claimant journey impacts many things within your insurance company. The main priority within each claim is to indemnify the claimant, but there are several other important things to keep in mind as your examiners and adjusters administer claims. In fact, approaching each claim with an eye toward ensuring your claimants are satisfied can translate

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  • What an Ideal Third-Party Administrator Should Be Able to Do For You

    What an Ideal Third-Party Administrator Should Be Able to Do For You

    It’s no secret that administering automobile no-fault and workers’ compensation claims can be rather complex and time-consuming for adjusters/examiners. Claims become further complicated with more extensive or catastrophic claimant injuries which require additional time and care. Fortunately, there are options available that have the potential to help your adjusters/examiners as well as your claimants. Third-party

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  • How Contracting with Northwood Provides Advantages with Automobile No-Fault Reform

    How Contracting with Northwood Provides Advantages with Automobile No-Fault Reform

    The subject of Michigan’s automobile no-fault coverage reform has been a prominent one in the last few months especially. Michigan’s auto no-fault coverage has been more unique and slightly more complex than many other states’ coverages. Prior to the proposed reform, the residents of Michigan could draw upon unlimited medical benefits if they were injured

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