Claims

AI Sparks Debate on Health Insurance Claim Denials
Risk Management AI Sparks Debate on Health Insurance Claim Denials

In recent years, the debate surrounding the use of artificial intelligence (AI) in health insurance claim denials has gained considerable traction, given its profound implications. With individuals like Remi Lee spotlighting the struggle against frequent claim denials, the conversation has gained

How Will Chris Jones Transform the IUA's Strategy?
Risk Management How Will Chris Jones Transform the IUA's Strategy?

In today's rapidly shifting insurance landscape, maintaining a strong grasp on the dynamics of underwriting and claims expertise is crucial. Simon Glairy, an authority in the insurance and Insurtech sectors, provides us insights into the strategies and vision of a new CEO tackling these challenges

AI Enhances Insurance Subrogation for $15B Recovery Boost
Technology & Trends AI Enhances Insurance Subrogation for $15B Recovery Boost

In recent developments, the insurance industry faces a daunting challenge as it grapples with a significant $15 billion annual gap caused by missed subrogation opportunities. This issue has been a persistent headache, primarily because the process of recovering costs through identifying third-party

Revolutionizing Risk Management with Alternative Solutions
Risk Management Revolutionizing Risk Management with Alternative Solutions

Navigating the complex landscape of modern business risks reveals the deficiencies of traditional insurance methods. While these conventional techniques provide a solid foundation of coverage, they often fall short when faced with the dynamic and rapidly evolving risk environment. Factors such as

Louisiana Moves to Lower Insurance Rates with Legal Reforms
Risk Management Louisiana Moves to Lower Insurance Rates with Legal Reforms

In a significant legislative effort, Louisiana is tackling its reputation for having the highest car insurance premiums in the United States. State lawmakers have introduced a series of reforms through several bills with the primary goal of reducing these premiums. Among these measures are changes

Why Did Ontario Crop Insurance Claims Surge in 2024?
Risk Management Why Did Ontario Crop Insurance Claims Surge in 2024?

Ontario's agricultural sector experienced an unusual increase in crop insurance claims in 2024, surprising observers given the overall remarkable harvest season that year. This intriguing situation arises from a complex interplay of contributing factors that illuminate various aspects of farming in

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