In a significant legal move, Cardinal Timothy Dolan of New York announced that the Archdiocese of New York has filed a lawsuit against its longstanding primary insurance company, Chubb. The lawsuit alleges that Chubb is attempting to evade its legal and moral obligations to settle claims related to
The UK property insurance market is at a crossroads, grappling with multiple challenges ranging from high inflation and supply chain disruptions to the ever-growing risks associated with climate change. It’s not an understatement to say that efficient claims management may very well hold the key to
Bridge Insurance Brokers, a well-established name in the UK insurance industry, has recently made waves by extending its innovative claims app technology to property insurance clients. This forward-thinking move builds on the success seen with their motor insurance clients, promising to streamline
The modern economy is a complex, interwoven tapestry of factors influencing business operations, financial markets, and societal behaviors. Two significant drivers coming to the forefront are intensified legal scrutiny on corporate activities and escalating climate concerns. This article delves
The Nonprofits Insurance Alliance of California Inc. (NIA) has made a significant decision to halt the renewal of specific insurance coverages for foster family agencies (FFAs) in California. This decision directly responds to new state legislation, Assembly Bill 2496, signed by Governor Gavin
The insurance industry is poised for a major transformation with the advent of Kyber's AI-powered platform. Backed by Y-Combinator, Kyber aims to solve a long-standing issue in the industry: the cumbersome claims notification process. Through automation and artificial intelligence, this
