Claims

Erie Insurance Faces $1.75M Bad Faith Verdict in PA Case
Regulatory & Compliance Erie Insurance Faces $1.75M Bad Faith Verdict in PA Case

As we dive into the complex world of insurance law, we’re joined by Simon Glairy, a renowned expert in insurance and Insurtech, with deep expertise in risk management and AI-driven risk assessment. With years of experience navigating the intricacies of claims handling and bad faith litigation,

How Does Resilience Expand Tech E&O Insurance Coverage?
Technology & Trends How Does Resilience Expand Tech E&O Insurance Coverage?

In a world where a single software glitch can cost millions and shatter a company's reputation overnight, the stakes for tech firms have never been higher, especially as we navigate the digital-first landscape of 2025. Picture a mid-sized tech startup, riding the wave of rapid growth, only to be

Is Chubb's Collateral Demand on Full Steam Staffing Unfair?
Regulatory & Compliance Is Chubb's Collateral Demand on Full Steam Staffing Unfair?

In the heart of California's industrial sector, a David-and-Goliath battle unfolds as Full Steam Staffing, a Florida-based firm, takes on insurance giant Chubb over a staggering $51 million collateral demand. This isn't just a financial dispute; it's a clash that could reshape how businesses

Why Does Volatility Challenge Motor Insurers’ Profitability?
Regulatory & Compliance Why Does Volatility Challenge Motor Insurers’ Profitability?

The motor insurance industry finds itself perpetually battered by a storm of volatility that relentlessly erodes profitability, leaving companies grappling with an unpredictable landscape where financial stability often feels unattainable. Fluctuating premium rates, economic uncertainties, and

Is State Farm's Payout Method Unfair to Policyholders?
Regulatory & Compliance Is State Farm's Payout Method Unfair to Policyholders?

Setting the Stage for Insurance Market Scrutiny In the dynamic landscape of auto insurance, a staggering number of policyholders face uncertainty when their vehicles are declared a total loss, with payouts often falling short of expectations. A pivotal legal challenge in Tennessee against State

Zurich Boosts Fraud Detection with Real-Time AI Platform
Technology & Trends Zurich Boosts Fraud Detection with Real-Time AI Platform

Setting the Stage for Advanced Fraud Prevention The insurance industry faces a staggering challenge with fraudulent claims costing billions annually, as fraudsters employ increasingly sophisticated tactics to exploit vulnerabilities. This pressing issue demands innovative solutions that can keep

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