Assessing Loss Due to Theft

Case Code: INS001 Case Length: 04 Pages Period: 2003 Pub Date: 2003 Teaching Note: Available

Price: Rs.100 Organization: Varied Industry: Insurance Countries: India Themes: -

Abstract Case Intro

Abstract

The case focuses on the challenges faced by property claims adjusters when investigating special types of property claims. The determination of the causes of losses is examined in this case. Further, the issues that arise when valuing the merchandise are explored. In addition, the case discusses the mode of investigation necessary for identifying the moral hazard.

Issues

• Understand the challenges in investigating special types of property claims
• Understand how to determine the cause of loss and amount of loss
• Discuss the duties of an insured following a loss

Keywords

Property claims, Adjusters, Investigating, Special Types, Property Claims, Causes, Losses, Valuing, Merchandise, Mode of Investigation, Identifying, Moral Hazard

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