Claims

Will This Bill Fix California's Disaster Claim Crisis?
Risk Management Will This Bill Fix California's Disaster Claim Crisis?

In the wake of the devastating January 2025 Los Angeles wildfires, thousands of residents found themselves facing a second disaster: navigating the labyrinthine process of insurance claims while grappling with the loss of their homes and communities. Despite insurance companies paying out a

Insurers Grapple With New AI Liability Risks
Risk Management Insurers Grapple With New AI Liability Risks

The proliferation of artificial intelligence across the business landscape has created a complex and unforeseen challenge for the traditional insurance industry, which now finds itself in a pivotal, transitional phase. Insurers are grappling with how to define, categorize, and underwrite a novel

Can Walaa and CoverGo Revolutionize Health Claims?
Technology & Trends Can Walaa and CoverGo Revolutionize Health Claims?

The health insurance landscape in Saudi Arabia is undergoing a profound transformation, driven by regulatory shifts, rising customer expectations, and the relentless pressure of healthcare inflation. In this dynamic environment, the efficiency and transparency of claims processing have become

Are Blanket Denials of Insurance Claims Legal?
Regulatory & Compliance Are Blanket Denials of Insurance Claims Legal?

The implicit promise of a multi-million-dollar Directors and Officers liability policy is that it serves as an impenetrable shield when a company faces the immense financial strain of high-stakes litigation. Yet, for many corporate leaders, that shield can feel more like an illusion when an insurer

In-Plan Annuities Are Reshaping Retirement Plans
Risk Management In-Plan Annuities Are Reshaping Retirement Plans

The long-held promise of a secure retirement, once anchored by the certainty of traditional pensions, is finding a modern counterpart within the very architecture of employer-sponsored savings plans through the integration of in-plan annuities. This evolution is rapidly moving from a niche concept

Is Funded Litigation Redefining Systemic Risk?
Risk Management Is Funded Litigation Redefining Systemic Risk?

An unseen force is fundamentally altering the landscape of corporate liability and financial stability, operating with the persistence of inflation but driven by something far more complex than monetary policy. Known as "social inflation," this phenomenon represents the escalating cost of insurance

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