In addition to the competitive environment in which insurance companies operate, these businesses are challenged by more stringent compliance with government regulations and increasing expectations on ...

In most insurance companies, the claims department is where promises are tested. It is also where costs, controls and customer ...

LONDON, England, Oct. 5-- The Financial Conduct Authority, a provider of financial services, issued the following news release on Oct. 4, 2022: A Financial Conduct Authority (FCA) review of business ...

Most claims issues trace back to coverage details that were never reviewed closely”— Dan Burghardt METAIRIE, LA, UNITED ...

An issue that often arises when an insurer is determining whether a policy provides coverage for bodily injury or property damage under a liability policy is the number of occurrences that may be ...

Now that the threat of Hurricanes Helene and Milton has receded, millions of homeowners and business-owners across Florida and the Southeastern U.S. are faced with traversing the often long and ...

In recent years, we have commented on the various retroactive reinsurance transactions that Berkshire Hathaway and its subsidiary, National Indemnity Company (“NICO”), have entered into with ceding ...

Are you finding it difficult to maneuver through the complicated world of pet insurance claims? Owners can file pet insurance claims without experiencing nightmares. By choosing the proper strategy ...

Keerthi Amistapuram explains how generative AI and large language models can automate insurance claims documentation and improve customer communication responsibly.

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The templates automate all areas of claims activity from ...

OKLAHOMA CITY – Many Oklahomans are cleaning up the mess left behind by severe storms that moved through Oklahoma this past weekend. The Oklahoma Insurance Department released several tips to help ...

Clearcover, the smarter car insurance choice, has announced Clear Claims, which advances the company's digital claims process by offering drivers instant auto insurance claims processing and payment ...