Claims

Why Is Citizens Property the Worst Homeowners Insurance?
Insurance Why Is Citizens Property the Worst Homeowners Insurance?

When disaster strikes, whether in the form of a devastating hurricane or an unexpected calamity, homeowners rely on their insurance providers to offer a safety net that protects their most valuable asset—their home. Yet, in Florida, where natural disasters are a constant threat due to the state's

Florida Insurers Fined $250K for Hurricane Claims Failures
Regulatory & Compliance Florida Insurers Fined $250K for Hurricane Claims Failures

In the wake of devastating storms that have repeatedly tested Florida’s resilience, the state’s insurance industry finds itself under a harsh spotlight as regulatory bodies crack down on claims-handling failures, sending a clear message of accountability. The Florida Office of Insurance Regulation

Navigating Insurance Trust: The Impact of Claim Denials
Regulatory & Compliance Navigating Insurance Trust: The Impact of Claim Denials

Understanding the 'Moment of Truth' in Insurance Picture a scenario where a policyholder, after years of paying premiums, files a claim only to receive a denial due to an obscure policy exclusion, a moment often termed the 'moment of truth.' This critical juncture in the insurance relationship

Nucor Wins $14M Insurance Dispute in North Carolina Court
Regulatory & Compliance Nucor Wins $14M Insurance Dispute in North Carolina Court

In a landmark decision that has sent ripples through the industrial and insurance sectors, a North Carolina business court recently ruled in favor of Nucor Corporation, a leading steel manufacturer, in a high-stakes $14 million insurance dispute. This case, involving a consortium of prominent

How Will a Single Form Transform Disability Claims in Canada?
Risk Management How Will a Single Form Transform Disability Claims in Canada?

In a groundbreaking move that could reshape the landscape of disability claims across the nation, Canada's life and health insurers have unveiled a standardized medical form aimed at simplifying a historically cumbersome process, promising significant benefits for millions. This initiative, driven

How Are Insurers Battling Sophisticated Insurance Fraud?
Risk Management How Are Insurers Battling Sophisticated Insurance Fraud?

In an era where technology advances at a relentless pace, insurance fraud has morphed from rudimentary scams involving staged accidents or inflated claims into highly sophisticated schemes that exploit digital tools and automated systems with alarming precision. Criminals now harness artificial

Loading

Subscribe to our weekly news digest.

Join now and become a part of our fast-growing community.

Invalid Email Address
Thanks for Subscribing!
We'll be sending you our best soon!
Something went wrong, please try again later