Claims

Who Covers the Cost in Bronx Construction Claim Dispute?
Regulatory & Compliance Who Covers the Cost in Bronx Construction Claim Dispute?

As we dive into the complexities of insurance disputes in construction projects, I'm thrilled to speak with Simon Glairy, a renowned expert in insurance and Insurtech, with a sharp focus on risk management and AI-driven risk assessment. With decades of experience, Simon has navigated countless

Farmers Sues DME Suppliers for $274K No-Fault Fraud Scheme
Risk Management Farmers Sues DME Suppliers for $274K No-Fault Fraud Scheme

In a striking development that exposes vulnerabilities in New York's no-fault auto insurance system, Farmers Insurance has launched a federal lawsuit in Brooklyn, targeting over 20 individuals and businesses accused of orchestrating a sophisticated fraud scheme. Filed on September 5, this legal

Why Is E&O Insurance Crucial for Registered Advisors?
Risk Management Why Is E&O Insurance Crucial for Registered Advisors?

Imagine a scenario where a Registered Investment Advisor (RIA) provides advice on a complex insurance product, only to face a lawsuit from a client claiming that the recommendation was unsuitable and led to significant financial loss, highlighting the critical need for protection. Such situations,

Low-Code Insurance Solutions – Review
Technology & Trends Low-Code Insurance Solutions – Review

Imagine an insurance industry where claims are processed in hours rather than days, where customer expectations for seamless, on-demand services are met without compromising compliance or efficiency. This is the promise of low-code technology, a transformative force reshaping how insurers operate

What Hidden Factors Raise Your Home Insurance Costs?
Insurance What Hidden Factors Raise Your Home Insurance Costs?

Imagine discovering that a seemingly harmless change in your lifestyle or property has quietly driven up the cost of your home insurance, leaving you with a hefty bill or, worse, an invalidated policy when you need it most. Many homeowners remain unaware of the subtle shifts that can alter their

Can AI Transform Australia's Insurance Industry Challenges?
Risk Management Can AI Transform Australia's Insurance Industry Challenges?

In a landscape where environmental hazards and economic pressures are reshaping the insurance sector, Australia faces an unprecedented challenge that demands innovative solutions, especially with millions of homes at risk from bushfires and floods. Alongside escalating costs due to inflation and

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