Claims

The year 2024 has marked a significant turning point for Canada, ushering in an era defined by record-breaking financial losses due to natural disasters. Canada has experienced over $7.6 billion in catastrophic damages, all driven by severe weather events such as storms, floods, and wildfires. This

The landscape of income protection insurance is witnessing a significant transformation as young adults in the UK, particularly those aged 25 to 34, emerge as the leading demographic driving growth. This shift is largely influenced by economic instability and mounting health concerns. Let’s delve i

Duck Creek Technologies, a leading software solutions provider for the property & casualty insurance sector, has taken a significant step forward by acquiring Toronto-based Risk Control Technologies (RCT). This strategic acquisition will fully integrate RCT’s flagship platform, RiskHub, into D

Recent data from Petplan, the UK's leading pet insurer, has highlighted an alarming trend in obesity-related claims, including arthritis, heart disease, and diabetes. The company paid out over £50 million in claims for cats and dogs with arthritis from 2020 to 2023, underscoring the need for

Hurricane Milton's impending arrival has sent shockwaves through Florida's already fragile property insurance market. Just weeks after Hurricane Helene left a trail of devastation, the state now braces for another potentially catastrophic event. Milton, forecasted to strike near the Tampa

The issue of insurance fraud has been thrust into the spotlight by Kwaku Yeboah-Asuamah, CEO of MiLife Insurance Company, who warns that these deceitful actions pose a significant threat to the entire industry. Fraudulent claims not only siphon resources away from legitimate cases but also