Insurance Company:
My name is Mr. X and my Stateside insurance policy number is 123123. I have been a loyal policyholder for five years. This letter addresses rejected claim xyz, regarding the damage done to my Chevy Impala on December 18, 2011.
I contacted Stateside immediately upon the night of the accident to file a claim, and there is a record of my claim in your database. I issued a sworn, recorded statement over the phone to a Stateside insurance representative identified as Lisa, one of your claims handlers. However, I recently received a letter from your organization, informing me that my claim was rejected. I am writing this letter to appeal the decision.
As I informed Stateside at the time, I was driving home from the movie theater that night when the accident occurred. The night was very cold, and the roads had not been adequately salted. My car skidded on…...
It is recommended that CoverAll Insurance Company purchase the Cisco WS-C2950-24 for $350 to increase the speed of its existing network. Depending on the number of connections to the Internet, there would need to be one of these Cisco Switches at each inbound Internet location in the company. It is assumed that there is a single Internet connection that CoverAll Insurance Company relies on today. The following table provides the specifications of the Cisco WS-C2950-24.
CISCO WS-C2950-24 SPECIFICATIONS
Product Description
Cisco Catalyst 2950-24 - switch - 24 ports
Device Type
Switch - stackable
Form Factor
External - 1U
Dimensions (WxDxH)
17.5 in x 9.5 in x 1.7 in Weight
6.6 lbs
AM
16 MB SDAM
Flash Memory
MB
Ports Qty
24 x Ethernet 10 Base-T, Ethernet 100 Base-TX
Data Transfer ate
100 Mbps
Data Link Protocol
Ethernet, Fast Ethernet
emote Management Protocol
SNMP, MON, Telnet
Communication Mode
Half-duplex, full-duplex
Features
Network monitoring, full duplex capability, uplink, VLAN support, manageable, stackable
Compliant Standards
IEEE 802.3, IEEE 802.3u, IEEE 802.1D, IEEE 802.1Q, IEEE 802.1p, IEEE 802.3x, IEEE 802.1x
Power
AC 120/230…...
mlaReferences
Borri, M Casoni, ML Merani. "Effectiveness and issues of congestion control in 802.11g wireless LANs. " Wireless Networks 14.2 (2008): 171-182. ABI/INFORM Global. ProQuest. 12 May. 2008
Venkatesh Obanaik, Lillykutty Jacob, AL Ananda. "Secure performance enhancing proxy: To ensure end-to-end security and enhance TCP performance over IPv6 wireless networks. " Computer Networks 50.13 (2006): 2225.
ABI/INFORM Global. ProQuest. 22 May. 2008
Bruce Potter. "Wireless vulnerability assessment. " Network Security 2005.6 (2005): 14-15. ABI/INFORM Global. ProQuest. 20 May. 2008
Insurance in Illinois
Hurricanes and Insurance Burdens & Considerations
The insurance industry in the United States is a major economic force in the country, but is the largest commercial entity regulated at a state, rather than a federal level. This has been the case since the McCarran-Ferguson Act of 1945. An insurance policy company mush go through regulation on a state-to-state level, where policies and practices often differ. While outsourcing has been a major business force in most other financial markets, insurance companies are largely American-owned and traded due to the obstacle that state by state regulation poses on foreign influences (Lehrer 2010).
Due to the fact that Illinois in an inland state, it is geographically protected from most major hurricanes, although tropical system remnants that move in from the Gulf of Mexico and the Atlantic Ocean do move up onto the area occasionally. The majority of data regarding the effects of weather…...
mlaResources
Associated Press (2008). "Thousands Still Without Power in Illinois." WTHI-TV. http://www.wthitv.com/Global/story.asp?S=9009105&nav=menu593_2 .
Angel, James, R. (2005) Tropical storms reduced drought in Illinois in 2005. Transactions of the Illinois State Academy of Science July, 2006 Volume: 99 Source Issue: 3-4.
CBS/AP (2008). "Millions Still In Dark Over Ike Recovery." CBS News. Retrieved 2008-09-30.http://www.cbsnews.com/stories/2008/09/18/national/main4457061.shtml .
Changnon, Stanley A. (1996)
In terms of the second component of the motivational strategy at the Allstate Insurance Company, the Quarterly Leadership Measurement System however, I feel that this is a technical business tool aimed at a numerical and factual understating of people, operations and workplace settings. Additionally, I feel that when under the pressure of a quarterly examination, the motivation and drive for work would be replaced by anxiety. However the fact that the research is conducted quarterly, rather than annually like it is in most firms, translates into a higher managerial ability to really observe and understand the particularities and performances of each individual staff members.
On the long-term however, I think that these two motivational strategies are insufficient and that new elements ought to be added in order to maintain the employees satisfied and motivated.
All in all, the Allstate Insurance Company is a reputable presence within the American insurance industry. The strategic…...
mlaReferences:
Cassacchia, C., 2008, American Association of Justice ranks Allstate No. 1 among nation's worst insurers, Business Journal, last accessed on July 21, 2010http://www.bizjournals.com/phoenix/stories/2008/07/07/daily50.html
Wemple, E., Allstate gets spanking, Washington City Paper, / last accessed on July 21, 2010http://www.*****/blogs/citydesk/2008/07/09/allstate-gets-a-spanking
2006, In tough hands at Allstate, Business Week, last accessed on July 21, 2010http://www.businessweek.com/magazine/content/06_18/b3982072.htm
2010, Allstate Insurance Company Website, last accessed on July 21, 2010http://www.allstate.com
Acquisition
American life insurance company and Metlife Inc. merger
Acquisition refers to when a company takes over another company and the taken over company loses its identity to the acquiring company. It can either be vertical or horizontal, forceful or friendly. American Life Insurance Company (ALICO) is a member of the American Insurance Group according to business Global Times (2011). ALICO has been one of the largest and most diversified international life and health insurance companies in the world. It was founded in 1921 and has been a leading life insurer operating in more than 50 countries dealing in life insurance, retirement and wealth management issues.
Metlife inc. is the largest life insurer in the United States and Mexico. It is a leading insurance; annuities and employees benefit programs serving in over 60 countries with a customer base of over 90 million. It hoped to strengthen its presence in Europe and Latin America…...
mlaReferences.
Andrew Ross Sorkin, (2010). A.I.G. To Sell a Major Life Insurance Unit to Metlife. Retrieved August 10, 2011 from http://dealbook.nytimes.com/2010/03/07/a-i-g-is-set-to-sell-a-life-insurance-unit-to-metlife/
Find Discount Insurance, (2011). AIG Sells American Life Insurance to MetLife. Retrieved August 10, 2011 from http://www.finddiscountinsurance.com/news/life/aig-sells-american-life-insurance-metlife
Global Times, (2011). Metlife to Acquire Life Insurance Unit from AIG For $15.5 Billion.
Retrieved August 10, 2011 from http://business.globaltimes.cn/world/2011-04/511059.html
Norton v. Argonaut Insurance Company, there was a staffing shortage on a pediatric ward of Baton ouge General Hospital. An administrative nurse was filling in for the regular pediatric nurse, and carried out the physician's order which read, "Give 3.0 cc lanoxin today for one dose only." The nurse did not contact the physician to confirm the directions and her previous experience had been with injectable Lanoxin only. She gave the dose intramuscularly instead of orally, as intended, and the infant died. The nurse was found negligent for administering medication in which she was unfamiliar and for neglecting to clarify the order the prescribing physician. The nurse questioned two physicians who were not treating the infant, but failed to mention that the order was written for elixir of Lanoxin. The nurse, the original physician and the hospital were found liable (Norton v Argonaut, 1962).
Mistakes in the Situation- Nurses have a…...
mlaREFERENCES
Norton v. Argonaut Insurance Company. (1962). 114 So. 2d. 249, Court of Appeal of Louisiana,
First Circuit. Retrieved from: =1962393144So2d249_1357.xml&docbase=CSLWAR1-1950-1985&SizeDisp=7http://www.leagle.com/xmlResult.aspx?page=1&xmldoc
Aetna, (2012). Avoiding Medication Errors. Aetna.com. Retrieved from:
Northwestern Mutual Life Insurance Co
Insurance business in modern day has adopted a differential approach to dealing with policy issues and consumer behavior yet some companies like Northwestern Mutual Life retain their original course of actions with clear mission and core values to provide exceptional service to their consumers. The following report is an analysis of such exceptional quality and distinguishable positioning of the company.
Whether one is a business entity, a healthcare organization or an individual living in society, the uncertain encompass great risks. As people are cautionary in nature, they often tend to adopt trends or behaviors that prevent them from becoming prey to such risks. To eliminate risks civilized society such as ours has developed a complex financial system that pays for the damages incur should there be accidents or sudden deaths. Life insurance is thus all about saving money for loved ones in case of sudden deaths and…...
mlaReferences
Leslie Haggin Geary and Michael J. Powe Tables compiled by Tara Kalwarski and Derek Manson Additional reporting by Megan Johnsto, Corporate America's Best Benefits., Money, 12-01-2001, pp 140+.
Fortune® "Most Admired" Corporation in the life and health insurance industry, 1983-1995, 1997-2001 (industry not rated in 1996).
Northwestern Mutual Life Insurance Official Website, accessed on 6-4-03 at -- pg_nm_introhttp://www.nmfn.com/tn/aboutnet
Author not available, American Dream or Financial Fantasy, Northwestern Mutual: News and Media: Studies and Reports. 2003.
Insurance Company
Progressive Insurance Company is one of the most profitable and successful firms in the insurance industry. This considerable success can be attributable to its business philosophy, which is to approach insurance in an innovative way unlike any other firm in this sector. Through this business philosophy, Progressive Insurance Company has helped shaped industry standards while realizing significant achievements across its operations. One of the most important events in the history of this company was its decision to change the focus of its claims to offer an improved overall experience for every party engaged in the claim since early 2000s. Generally, Progressive Insurance Company has grown tremendously throughout the years with results that are usually better than those of its competitors.
Competitive Analysis
Progressive Insurance Company operates in a hyper-competitive insurance industry that is characterized by the existence of many companies that compete for relatively similar customers. The extremely high competition…...
mlaReferences
Bailey-Huang et al. (2003). Progressive Corporation: Upside Remaining. Retrieved from Yale School of Management website: http://analystreports.som.yale.edu/reports/PGR.pdf
Leveque, J. (2013, April 16). Progressive. Retrieved March 3, 2016, from https://prezi.com/3yi0hfw0ccf3/progressive/
Morningstar. (2016). Progressive Corp PGR. Retrieved March 3, 2016, from http://financials.morningstar.com/ratios/r.html?t=PGR
As a result, Fidelity has taken up more of the marketshare than they previously owned by expanding into commercial sectors where their formerly was no market. Another key competitor is the PMI Group, which has gained increased marketshare because of their strong software development. he company sells a model that helps predict default risks for consumers with different credit histories, this information service helps banks price their loans more effectively. Competition within this sector is unique because it takes place on both the local and national level. On the local level, First American must compete with small players within the market for the title insurance market share as well as the larger companies. However, on the national level, First American must manage a strong information service that focuses on more commercial and professional services in order to negotiate partnerships on a national level. In both cases the inevitable result…...
mlaThe company is organized through a top to bottom approach. First American has a headquarters office which issues the general strategy and approach of the company. It also negotiates major national level clients and approach institutions with First American services. Title insurance however has its primary profitability come from local branch offices, which are located in every major and mid sized city. These offices operate almost independently from the national office as they are keys in providing services on the local level. http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=ind_focus.story&STORY=/www/story/03-01-2007/0004537329&EDATE=THU+Mar+01+2007,+08:32+AM http://www.streetauthority.com/cmnts/pt/2004/09-14.asp
http://www.findarticles.com/p/articles/mi_m5072/is_34_24/ai_91094592 http://transparentre.com/2006/10/29/an-open-letter-to-the-title-insurance-industry.aspx
Cigna Tech
Cigna is an insurance company in the United States that has faced its share of financial hard times due to the increased government regulatory environment and competition from its competitors. Although the company is the fourth largest insurer in the United States, it has faced its share of financial difficulties. In 2002 the company reported a $500 million dollar net loss for the year which resulted in a 40% drop in equity value. The company stock was not the only thing getting hammered that year, the company was also under pressure from doctors who were suing the company due to late reimbursements.
The problem facing Cigna was a threefold dilemma. First of all, was the above mentioned lawsuit by doctors who contended that Cigna was purposefully withholding and/or delaying payments for reimbursements and patient care. The doctors were not at all happy with Cigna (and other insurers) accusing the insurance…...
The reasons for this greater statistical likelihood might be due to the fact that dark-colored cars are more difficult to see at night, hence people get into more accidents, or that people who buy dark colored cars, like red and black (as opposed to brown and white) drive more recklessly and get into more accidents. Regardless of the reason, or even if the statistical differential has nothing to do with recklessness or accidents, but is merely arbitrary and due to consumer buying habits (perhaps dark-colored cars are more popular this year) it does not matter to the company. All that matters to the insurance company is that if a driver with a certain kind of car is more likely to crash that car, his or her premium will be higher.
orks Cited
Auto Insurance Resources. (2007). Official ebsite. Retrieved 27 Sept 2007. at: http://insurance.freeadvice.com/insurance_center/auto...
mlaWorks Cited
Auto Insurance Resources. (2007). Official Website. Retrieved 27 Sept 2007. at: http://insurance.freeadvice.com/insurance_center/auto
This information is then rated and scored, to determine the take home pay of the manager. Where, those who perform poorly on this index will see a 25% reduction in their pay. This is significant, because it shows how the system that All State uses; helps with goal setting and to promote diversity work. Where, the employee will be selected because of their talents. Then, to maintain motivation and diversity, the company will ask employees for their thoughts on these issues. Over the course of time, this will change the atmosphere of the company, as they are able to quickly address various employee and customer issues quickly.
ibliography
Ashby, F. (1999). Leadership Development as a usiness Strategy. Effective Leadership Programs. (pp. 11 -- 31) Alexandria, VA: American Society for Training and Development.
Cochraine, A. (2010). All State. Retrieved July 18, 2010 from est Practices Institute website: https://bestpracticeinstitute.org/members/articles/allstate-insurance.html
Hillriegel, D. (2007). Individual in Organizations.…...
mlaBibliography
Ashby, F. (1999). Leadership Development as a Business Strategy. Effective Leadership Programs. (pp. 11 -- 31) Alexandria, VA: American Society for Training and Development.
Cochraine, A. (2010). All State. Retrieved July 18, 2010 from Best Practices Institute website: https://bestpracticeinstitute.org/members/articles/allstate-insurance.html
Hillriegel, D. (2007). Individual in Organizations. Organizational Behavior. (pp. 164 -- 167). Mason, OH: Thomoson.
Hillriegel, D. (2007). Individuals in Organizations. Organizational Behavior. (pp. 172 -- 173). Mason, OH: Thomason.
Project Management
Insurance companies enjoy large profit margins in the insurance industry. A reason for these margins would be the project management ability of firm employees to effectively management risk. Project management tools enable managers to effectively manage inherent risk with project implementation and management.
An example of a project management issue at an insurance firm is provided by Pula & Stone (2003), "The authors' research shows that customer relationship management (CM) projects can achieve higher rates of return by work on data quality. Existing and new data need to be integrated and shared, with updates synchronised among many different systems. These systems (including operational, analytical and customer contact applications and databases) were rarely designed to work together and the data they collect and use are not normally collected, structured or quality-assessed for the CM purposes for which they are eventually used." (Pula, Stone, 2003)
The block quote is to provide the understanding…...
mlaReferences
Chase-Jacobs-Aquifano: Operations Management for Competitive Advantage, 11th Edition. The McGraw Hill Companies, 2005
Lind, D., Marchal W., Wathen S. (2010). Statistical Techniques in Business & Economics. 14th Edition. McGraw-Hill Irwin
Pula, E.N., Stone, M., & Foss, B. (2003). Customer data management in practice: An insurance case study. Journal of Database Marketing & Customer Strategy Management, 10(4), 327. Retrieved fromhttp://search.proquest.com/docview/233337595?accountid=13044
I'm sickened and saddened by what I've become, and I'm staggered by the speed at which I've fallen" (Grisham, 1996, p. 140). Much of the book is realistic, but any good work of fiction takes license in some areas, and this work does, as well. A lawyer getting so involved with a client that he kills an abusive husband would probably be disbarred just about anywhere in the country, and yet udy looks like a hero when the story is finished. That is certainly not realistic.
Grisham supports his thesis against insurance companies throughout the work, by portraying the company and its representatives as greedy, uncaring, and only out for one thing - profits. Grisham writes, "So this is how the uninsured die. In a society filled with wealthy doctors and gleaming hospitals and state-of-the-art medical gadgetry and the bulk of the world's Nobel winners, it seems outrageous to allow…...
mlaReferences
Grisham, J. (1996). The rainmaker. New York: Dell.
Coin: Heads
Insurance options available to the patient depend upon the policy held by the patient and what is covered by the insurer. Some insurance companies will cover life-saving operations, while others will not (oizen, 2015). Yet even if the operation is covered, there may be a substantial deductible that will have to paid out of pocket; again, this all depends on the type of insurance coverage that the individual possesses. In a time like this, it is difficult to think of finances especially when a loved one's life is at stake. Fortunately, even if the deductible is high, or -- in a worst case scenario -- the insurance company will not cover the operation, there are hospitals that will provide financial aid to applicants.
At the same time, government insurance options are available, such as Medicare and Medicaid. If the patient is 65 years of age or older, he may…...
mlaReferences
Durden, T. (2016). Obamacare update: Insurance premiums set to explode higher in
2017. ZeroHedge. Retrieved from http://www.zerohedge.com/news/2016-05-09/obamacare-update-insurance-premiums-set-explode-higher-2017
Roizen, M. (2015). Will my insurance cover my liver transplant cost? Sharecare.
Retrieved from https://www.sharecare.com/health/digestive-health/transplant-cost-liver-insurance
Leasing to someone can be risky. Make sure you charge enough rent, and that you get a good security deposit. Check local laws in your area to find out how much of a deposit you can collect. In some places it's no more than 1.5 times the rent. Other places allow for a larger amount. Check the person's credit, background, and references. Look for problems paying bills, broken lease agreements, and any past criminal history. Also talk to your insurance company. If you're renting/leasing your home, you can't just keep your standard homeowner's policy. You won't be covered if you have....
## Leveraging Business Statistics for Informed Decision-Making and Enhanced Performance
Business statistics play a pivotal role in empowering companies to make data-driven decisions and optimize their performance. By utilizing statistical methods, businesses can analyze vast amounts of data, identify patterns, test hypotheses, and quantify uncertainties, enabling them to make informed decisions that drive growth and success.
### Data Analysis and Pattern Identification
Business statistics provide tools for analyzing large datasets, extracting meaningful insights, and identifying hidden patterns. Through descriptive statistics, companies can summarize data, compute measures of central tendency and dispersion, and visualize distributions. This enables them to understand the key characteristics of....
1. Type of Coverage Needed: Small businesses should carefully assess their specific insurance needs based on the nature of their operations, industry, and level of risk. Common types of insurance coverage for small businesses include general liability, property, workers' compensation, and professional liability insurance.
2. Cost: Small businesses should consider the cost of insurance coverage in relation to their budget and financial constraints. It is important to shop around and compare multiple insurance quotes to find the best value for coverage.
3. Reputation and Financial Stability of Insurance Providers: Small businesses should choose insurance providers with a solid reputation and financial stability....
Key Factors for Small Businesses Choosing Insurance Coverage
Protecting assets and mitigating risks is paramount for small businesses. Understanding the key factors involved in choosing the right insurance coverage can empower business owners to make informed decisions and safeguard their ventures.
1. Business Size and Industry:
The nature and scale of a business influence its insurance needs. Smaller businesses with fewer employees and lower revenue may opt for more basic coverage, while larger businesses with complex operations require more comprehensive policies. Industry-specific risks also impact insurance requirements. For instance, a construction company needs specialized insurance for managing construction hazards.
2. Assets and Liabilities:
Thoroughly inventory....
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