Sentences with phrase «overall claims costs»

Real estate practice has been responsible for at least 20 per cent of LawPRO claims by area of law since the company was founded, and because the value of claims in this area is tied to rising property values, real estate is associated with an equally significant proportion of overall claims costs.

Claims trends in 2016 seemed to follow now - familiar patterns — certain types of claims increased, others abated, and overall claims costs continue to hover around the $ 100 million mark.

Premiums are quite rightly lower than before, reflecting the reduction, but not elimination of adverse costs, but as own disbursements has always made up circa 40 - 50 % of overall claims costs, average premiums were never going to be lower than half price in the round.

Not exact matches

If revenues grew with the overall economy, costs remained flat, and BofA avoided the steep credit losses that plagued it in the past ---- specifically by sticking with those reliable customers, Moynihan claimed, it could become a money machine.

The United States Chamber of Commerce has also objected to his Buy American stance, claiming that whenever the government has enacted domestic sourcing rules in the past, «the resulting experience has been higher overall construction costs, increased compliance burdens, reduced competition, and disruption of supply chains without significant American job creation.»

He also tried to claim the program really didn; t cost the state anything, calling the ads for which millions were spent «generic»... and designed to promote the state's overall business climate.

The report by the National Audit Office (NAO) claimed that decisions made in order to save money in the short term, like slowing the production of the Successor nuclear submarine, added an extra # 200 million to the overall cost of the project.

The report said the claims of agency savings would be difficult to achieve, given that government departments have held overall spending growth to 1.3 percent since the cap was begun seven years ago — including rising contractual costs for unionized workers» salaries and health insurance.

In addition, the total cost to Medicare for end - stage kidney disease grew to $ 30.9 billion and accounted for 7.1 percent of the overall paid Medicare claims costs.

In presentations in June, the team claimed that BigBOSS would rival JDEM's results for an overall cost of just $ 85 million.

Opponents of school choice frequently claim that vouchers and scholarship tax credits «siphon» money from public schools and increase the overall cost of education to the taxpayers.

The 2017 Accord and 2017 Civic Coupe were recognized as Best Overall Value of the Year, while the Honda HR - V, CR - V, Fit and Ridgeline all claimed awards for Cost of Ownership, Fuel Costs, Retained Value, Operating Costs and more.

Just bear in mind that the more claims you file, the more you will cost any company to insure, and subsequently, the higher your overall premiums.

Most renters insurance policies have an overall claim limit for jewelry and furs of $ 2,500 so the standard policy would cover a valid claim for one of the rings, but only part of the cost of other.

The limits you set on your policy, as well as the deductible amounts — for example, your overall costs will be lower if you choose high deductibles, but you will also have higher costs to pay out of pocket in the event that you need to file a claim

The factors that affect your costs include whether your car is new or used, the overall safety rating of the car, your driving record, your age and gender, and even your ZIP code, as certain areas tend to have a higher occurrence of accidents and claims than others.

Overall, «Dog bites and other dog - related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $ 700 million,» the Insurance Information Institute said.

The primary focus of ElectRoad is the charging of electric public transportation solutions, and the company claims that its wireless charging roads can allow buses to use smaller batteries, which reduces the overall weight and cost of electric buses, while also radically increasing their range.

The number of claims and potential claims has reduced from recession - based levels, and annual average payments have increased, but overall the program is managing the increased costs within the existing insurance fee and investment revenue.

A slew of recent cases shows how clients who won their claims overall, but took hits along the way, can end up being more out of pocket than they might have expected, as judges use their considerable discretion to modify the general rule that costs follow the event.

As the study itself explains, the cost of the arbitrator's fees and institutional costs are only a small component of the overall cost of bringing an arbitration claim (approximately 20 % as cited in the study).

But in truth, malpractice claims comprise only a small portion of overall healthcare costs and are not considered major drivers of those costs, reports Bloomberg.

it can reduce overall costs — for example, evidence is identified and sourced earlier (where it might otherwise be archived or difficult to obtain) and early evaluation can reduce the likelihood of pursuing heads of claim that have an unrealistic prospect of success.

Two of the major concerns with the letters that I review in the article are that they (1) advance claims rooted in parental vicarious liability and (2) demand damages for a pro-rated portion of overall security costs incurred by a retailer, as discussed above.

In January 1992 the claimant commenced underpinning works, completed at an overall cost of # 570,734.98, which it claimed from the defendant.

Most renters insurance policies have an overall claim limit for jewelry and furs of $ 2,500 so the standard policy would cover a valid claim for one of the rings, but only part of the cost of other.

You pay premiums for a reason, and even with an increase, those costs are probably lower overall if you file a claim.

Some travel companies even claim that they provide free insurance with their travel packages, but in reality, the insurance costs are already added to the overall costs of the packages.

Therefore, increases in the costs of the total costs of claims and / or the increases in the total number of claims will have a knock on effect on the overall pool and will result in higher premiums.

Just bear in mind that the more claims you file, the more you will cost any company to insure, and subsequently, the higher your overall premiums.

Midwest Steel Blanking (Lombard, IL) 07/2004 — 08/2008 Director of Operations • Oversaw daily operations and management of 40 employees including 2 project managers • Served as an advisor to the President on all critical and strategic issues • Led presentations to banks, governmental agencies, potential investors, and large volume customers • Oversaw production, maintenance, quality control, and all other dealings with all outside vendors • Negotiated all insurance policies and contracts concerning account receivables and insurance related claims • Developed the ISO 9000 quality manual and OSHA safety awareness programs, training, and documentation • Trained future managers of the company in professional skills, managerial decision making, and business communications • Designed and implemented a new inventory control systems for managing raw - material and finished - goods • Ensured cost control limiting the direct expenses incurred and indirect impacts such as inefficiencies, downtime, and waste • Over a 3 year period, reduced the account receivables insurance premium from $ 55K to $ 13K / year • Renegotiated all other insurance contracts for better coverage and reduced premiums by 20 % • Reduced «outside parts manufacturing» cost by 50 % • Maintained the cost of all supplies at the 2004 levels • Instituted production reporting and operational data analyses for decision making • Reduced down time by 60 %, overall operation's cost by 4.5 %, and scrap generation by 3 % • Developed ISO 9001 quality manuals and handled external annual audits • Introduced safety procedures and training programs