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It was about the frighteningly intricate "threads" that Americans unwittingly leave behind whenever they buy a house, register for a driver's licence, appear in court, file an insurance claim, pay their electricity bill, or indeed do almost anything at all.
Under the accord approved by Judge Robert E. Gerber in Federal Bankruptcy Court in Manhattan, Adelphia will drop an $842 million claim, pay $60 million in cash and buy $39 million of telecommunications services over five years from TelCove, a former unit reorganizing in a separate bankruptcy.
Union leaders claim pay freezes leave low paid workers struggling to cope.
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But the storm caused more than $100,000 of damage, and their insurance claim paid less than half that.
"With all of the hurdles, trying to get a claim paid can be like an Olympic event," Mr. Rosenfield said.
The BBC quickly settled a libel claim, paying Mr. McAlpine £185,000, or nearly $300,000, and apologized for the error as a case of mistaken identity.
The suit has since been settled and the claim paid.
Claim Ratio or Benefit Cost Ratio BCR) is defined as claim paid divided by premium paid.
Administrative cost of insurance mode is calculated by deducting the claim paid from the premium paid.
Claim paid is the benefit payments made to the hospitals either by the insurance intermediary or the trust.
Premium for the trust mode is calculated notionally as the sum of administrative cost plus claim paid.
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CEO of Professional Science Editing for Scientists @ prosciediting.com