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10 articles for “Claim Cost”
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Research ArticleOpen accessPhrase in the titleESTIMATION OF CLAIM COST DATA USING ZERO ADJUSTED GAMMA AND INVERSE GAUSSIAN REGRESSION MODELSYulia Resti, Noriszura Ismail, Saiful Hafizah JamaanIn actuarial and insurance literatures, several researchers suggested generalized linear regression models (GLM) for modeling claim costs as a function of risk factors. The modeling of claim costs involving both zero and positive claims experience has been carried out by fitting the claim costs collectively using Tweedie model. However, the probability of zero claims in Tweedie model is not allowed … …Journal of Mathematics and Statistics, Vol. 9, Issue 3 · 11 Jul 2013 · 7,265 accessesView PDFCite
Research ArticleOpen accessIn the abstractOptimized Vehicle Insurance Claim and Settlement Procedures Using IOT Sensors on a Blockchain-Based PlatformPreeti Sharma, Meenakshi Malik, Chander Prabha et al.The conventional vehicle insurance claim and settlement landscape is characterised by significant inefficiencies, including cumbersome claim submissions, arbitrary damage assessments, and susceptibility to fraudulent activities. These problems lead to a longer processing time, higher operational cost to the insurers and a reduction in policyholder satisfaction. To address these important challenges, this study proposes a streamlined vehicle insurance claims system that … …Journal of Computer Science, Vol. 22, Issue 3 · 26 Mar 2026 · 1,640 accessesView PDFCite
Research ArticleOpen accessIn the abstractIdentification of Fraud in Accidental and Healthcare Insurance Using Local Outlier Factor: A Machine Learning ApproachJyoti Lele, Vaidehi Deshmukh, Abhinav Chandra, Radhika DesaiAn unsupervised machine learning model that uses the mechanism of the Local Outlier Factor to flag and detect ambiguous as well as potentially fraudulent claims in Accidental and Healthcare insurance is proposed in this paper. It entirely automates the manual investigation of claims by claim appraisers in any organization. The ethos of this model is to comprehensively automate and expedite … …Journal of Computer Science, Vol. 21, Issue 12 · 22 Jan 2026 · 1,583 accessesView PDFCite
Research ArticleOpen accessIn the abstractFeasibility Analysis of Non-Preemptive Periodic Systems from Infeasibility PerspectiveNasro Min-AllahDue to simple implementation, non-preemptive scheduling has the advantage over preemptive counterpart when it comes to deployment of real-time systems. Accordingly, many feasibility techniques have been established to answer schedulability of the task set for non-preemptive case. The time complexity of exact condition for non-preemptive under dynamic priority assignment is of pseud-polynomial nature. Recently, efforts are made to decrease the … …Journal of Computer Science, Vol. 15, Issue 9 · 9 Sep 2019 · 7,623 accessesView PDFCite
Research ArticleOpen accessIn the abstractSeismic Fragility Assessment of RC Frame Equipped by Visco-Elastic Dampers Using NLTHA and FNAAli A. Rostam Alilou, Majid PouraminianIn recent years, the issue of lower computational cost and analysis time has been the important factors for the structural analysts. In the meantime, after years of its introduction as an analysis having features of nonlinear analysis, the Fast Nonlinear Analysis (FNA) claims to have a higher performance speed than other nonlinear analyses, but has been less used by the … …American Journal of Engineering and Applied Sciences, Vol. 12, Issue 3 · 18 Jul 2019 · 8,416 accessesView PDFCite
EditorialOpen accessIn the abstractNaloxone as a Harm Reduction Initiative: Misinterpretations of ResearchRichard R. MassattiIn the American Medical Journal, Annahita Beheshti and colleagues review the literature on naloxone use for opioid overdose in West Virginia (Beheshti et al., 2015). The authors cite several of my publications in support of their views on naloxone (Massatti, 2013; Massatti et al., 2014), but many of these citations misinterpret my work by using it to present a counterargument … …Current Research in Medicine, Vol. 7, Issue 1 · 9 Apr 2016 · 8,033 accessesView PDFCite
Research ArticleOpen accessIn the abstractA DATA WAREHOUSE DESIGN FOR THE DETECTION OF FRAUD IN THE SUPPLY CHAIN BY USING THE BENFORD’S LAWCornelia Kraus, Raul ValverdeLarge data volumes and the inability to analyse them enables fraudulent activities to go unnoticed in supply chain management processes such as procurement, warehouse management and inventory management. This fraud increases the cost of the supply chain management and a fraud detection mechanism is necessary to reduce the risk of fraud in this business area. This study was carried out … …American Journal of Applied Sciences, Vol. 11, Issue 9 · 7 Jul 2014 · 8,744 accessesView PDFCite
Research ArticleOpen accessIn the abstractMinority Serving College and University Cost EfficienciesG. Thomas SavProblem statement: Higher education minority enrollment growth has far outstripped white non-minority growth in the United States. Minority serving colleges and universities have disproportionately attended to that growth and will continue to play a critical role in providing minority educational opportunities in a knowledge based and globally diverse economy. However, they will face new and challenging budgetary and managerial reforms … …Journal of Social Sciences, Vol. 8, Issue 1 · 21 Jan 2012 · 7,846 accessesView PDFCite
Research ArticleOpen accessIn the abstractHandling the Dependence of Claim Severities with Copula ModelsYulia Resti, Noriszura Ismail, Saiful Hafizah JaamanProblem statement: Several studies have been carried out on the modeling of claim severity data in actuarial literature as well as in insurance practice. Since it is well established that the claim cost distributions generally have positive support and are positively skewed, the regression models of Gamma and Lognormal have been used by practitioners for modeling claim severities. However, the … …Journal of Mathematics and Statistics, Vol. 6, Issue 2 · 30 Jun 2010 · 7,533 accessesView PDFCite
Research ArticleOpen accessIn the abstractCost Comparison between Stone Mastic Asphalt and Asphalt Concrete Wearing CourseSalihudin Hassim, Rohimah Khoiriyah Harahap, Ratnasamy Muniandy et al.Stone Mastic Asphalt (SMA) technology has been introduced to Malaysia since the 1990’s. Since then, several trials had lain projects had been initiated for the purpose of evaluating the mix on local road condition. However, the acceptability of SMA is still quite discouraging among the local road authorities. This setback is probably due to the misconception on the high initial … …American Journal of Applied Sciences, Vol. 2, Issue 9 · 30 Sep 2005 · 7,019 accessesView PDFCite