Do your systems have only five years to live?
Article Abstract:
Computer systems that need to calculate using dates may not work after 2000. The practice of leaving the first two digits off the year when entering dates into files has resulted in systems that read '00' as '19.' Insurance industry computers will not be able to determine ages, find files by date, or determine when policies mature or expire. Correcting the problem will cost billions of dollars nationally because programs will have to be closely inspected to ferret out other uses of '00,' such as to indicate expired policies.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1995
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Digging the dirt: data mining got its foothold in marketing, but is showing great promise in ferreting out insurance fraud
Article Abstract:
Data mining requires the evaluation of information in databases to determine how suspect groups or individuals spend money, to whom the money is being channeled and whether the fraudulent activities are being done internally or externally. Data mining is an innovative measure in curtailing insurance fraud which cost the US $23 billion in 1996. Effective fraud data analysis warrants the coordination of activities among investigators, corporate auditors and provider relations.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1997
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Rummaging in the legal attic
Article Abstract:
Anderson Kill and Olick created a center which is geared towards preserving court decisions that have been surreptitiously wiped off the records by losing litigants. This is to curtail the vacatur practice which distort American justice system by paying the winning party to vacate hard-won legal precedents. Anderson Kill and Olick's use of the Web has made the vacated decisions more accessible.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1997
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- Abstracts: Don't throw your adjusters to the lions. Mishandling fire claims can lose court cases: proper training of fire claims handlers can fireproof a later legal challenge
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