Casualty

Verisk and Carpe Data Streamline Claims Fraud Detection
Technology & Trends Verisk and Carpe Data Streamline Claims Fraud Detection

In an era where sophisticated insurance fraud poses a continually escalating financial threat to property and casualty insurers, the imperative for more integrated and intelligent detection tools has never been more critical. The industry has long grappled with fragmented systems and data silos

Is AM Specialty's UK Entry a Vote of Confidence?
Regulatory & Compliance Is AM Specialty's UK Entry a Vote of Confidence?

AM Specialty Insurance Company (UK), the British subsidiary of the wider AM Specialty Insurance Group, has officially received regulatory authorization from the United Kingdom's Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA). This pivotal development not only marks a

Will Drone Strikes Spark a Wider War at Sea?
Insurance Will Drone Strikes Spark a Wider War at Sea?

A recent series of audacious drone attacks targeting Russia's "shadow fleet" of oil tankers has sent powerful shockwaves through the global maritime insurance industry, causing war risk premiums to skyrocket and signaling a perilous new phase in international naval tensions. The financial

Why Are Homeowners Suing State Farm Over Hail Claims?
Insurance Why Are Homeowners Suing State Farm Over Hail Claims?

Imagine a fierce hailstorm tearing through a quiet Oklahoma neighborhood, leaving behind shattered roofs and desperate homeowners who thought their insurance would be a lifeline, only to find their claims denied or drastically underpaid by State Farm, the state’s biggest provider. This isn’t just a

Insurers Rush Teams to Aid After QLD and NSW Storm Crisis
Risk Management Insurers Rush Teams to Aid After QLD and NSW Storm Crisis

In the waning days of November, a series of ferocious thunderstorms and hailstorms tore through Queensland (QLD) and New South Wales (NSW), leaving behind a landscape of devastation that has gripped the attention of communities and industries alike. From November 20 to 27, these unrelenting weather

SettleIndex Joins Guidewire to Transform Insurance Claims
Technology & Trends SettleIndex Joins Guidewire to Transform Insurance Claims

Imagine a world where insurance claims, often mired in lengthy disputes and costly delays, are resolved with speed and precision, saving millions in operational expenses for insurers globally. This vision is inching closer to reality as a UK-based startup, known for its innovative approach to

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