Viewpoint: Elevating Claims Management by Taking Collaborative Approach With Clients October 2, 2024 By Zara Ismail Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to...
Court Upholds Finding That Montana Clinic Submitted False Asbestos Claims September 27, 2024 By Matthew Brown A federal appeals court has upheld a lower court determination that a Montana health clinic submitted hundreds of false asbestos...
Canada’s 10 Worst Natural Disasters Totaled C$30 Billion in Annual Insured Losses September 3, 2024 Insured losses have surged in the past decade as climate change in Canada sparks wildfires, intense hailstorms and thunderstorms with...
Canada’s Insurance Sector Faces Deluge of Climate-Related Catastrophe Claims September 3, 2024 By Nivedita Balu Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major...
3 Plead Guilty to Insurance Fraud After Washington Insurance Commissioner Investigations August 6, 2024 Three suspects pleaded guilty to insurance fraud in May and June after investigations by Washington Insurance Commissioner Mike Kreidler’s Criminal...
California Workers’ Comp Report Shows ‘Relatively Stable’ System Post-Pandemic July 30, 2024 The California workers’ compensation system has been relatively stable in the post-pandemic era, as premium levels rose by 1% in...
California Earthquake Authority Selling Debt to Avoid Paying More for Coverage July 9, 2024 A state-managed earthquake insurer for homeowners in California is opting to borrow from the public debt market in lieu of...
Home Insurance at $10,000 a Year Shows California Buyers’ Pain June 24, 2024 By Nadia Lopez and Paige Smith California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US....
AI Chatbots, Gen AI Set to Revolutionize Insurance Claims Processing: Survey June 20, 2024 By L.S. Howard A majority of global insurers are actively endorsing the application of AI chatbots and generative AI in claims resolution processes,...
Oregon Report Keys in on Disabling Claims for Occupational Injuries June 5, 2024 Oregon’s Department of Consumer and Business Services received notification of 24,947 accepted disabling claims for occupational injuries and diseases in...