Claim Expense Definition
Expenses incurred in negotiating and settling claims, including the direct expenses of the claims department (loss adjusters' fees, court fees, etc.) and any part of general administration expenses associated with the claims function.
Storefront Owner AMS Services http://www.programbusiness.com/tracking/sftracker.asp?SFid=188 has announced the release of QuoteWorks Commercial. The new rating product consolidates AMSs two current commercial platforms into one 50-state Windows–based commercial rating system. The product features true multi-state rating capability for all lines of business as well as an integrated forms package containing over 300 commercial ACORD forms.5Star Specialty Programs
New Empire Group
The product supports all major lines of business: Commercial Auto, Crime, Garage, General Liability, Property and Workers Compensation. The state-by-state rollout will deliver QuoteWorks Commercial to the entire customer base in early 2nd quarter. The first twenty states are available now. Integration with AfW is available today; Sagitta integration will be available at the end of the national rollout.Crump Insurance Services, Inc.
Pro-Ag Plus General Insurance Agency, Inc.
Salil Donde, senior vice president and general manager of AMS Rating, commented. "With the delivery of QuoteWorks Commercial, AMS has streamlined the commercial lines workflow, especially for AfW and Sagitta users who can now integrate commercial rating with their management systems. This release incorporating the latest technology, positions AMS customers to take advantage of future opportunities for accessing integrated commercial rating via the Web, in addition to the desktop and the network."CRC Insurance Services
For more information, contact AMS Rating at 800.634.RATE (7283), or email ratinginfo@amsworld.com.Bill It Now