Claims

Rather than dumping more money into antiquated, ineffective tech, it seems the rational argument would be for business leaders to purchase modern technology.

Swiss Re AG's first-half net income beat estimates, as the re-insurer avoided higher claims from natural catastrophes that have impacted the broader insurance industry.

A tougher environment for weather disaster related insurance claims ripples into fraud concerns and awareness of deductibles, speakers told a convention of state insurance regulators.

Damages from U.S. natural disasters contributed to 80% of global insured losses in the first half of the year.

The startup insurtech, backed by Saw Mill Capital Partners, ties together several homeowner roof claims repair companies, mostly in the Southern U.S.

Gen AI, drones and other technologies are transforming the claims process for adjusters and customers.

The CrowdStrike update debacle continues as businesses file claims under their cyber and insurer Parametrix estimates $5.4B in losses.

Legacy systems have played in integral part in preserving industry data, but operating multiple systems is inefficient and costly.

A failed software update affected businesses worldwide, but what role will insurance play in covering the anticipated losses?

Following new research on SMEs coverage needs, the parametric insurance startup gained support for its shift in three recent forums.

Valuable insights into the most pressing workers' comp concerns.

Marsh, the world's largest insurance brokerage, said that dozens of its clients are preparing to file claims in the wake of a global computing outage that disrupted airlines, banks and government agencies.

Howard Altschule, CEO of Forensic Weather Consultants discusses the current hurricane season and how technology is changing the ability to predict weather events.  

Digital Insurance recently surveyed insurers, brokers and adjusters about the technology they're using in the claims space, and we'll share those insights.

Department of Labor announced a settlement with Unum Life Insurance and four insurers sue Norfolk Southern, plus more legal news.

Insurers are introducing AI-driven technology and historical data analysis to combat the costly impacts of climate risks.

Embedded insurance is providing carriers with a range of practical coverage options for multiple risks.

Zach Gordon, who manages homeowner claims professionals at CSAA, leverages technology to evaluate claims more accurately, better manage claims disputes and communicate with contractors.

Rising costs and lengthy claims processes are persisting, in part due to shortages and increasing attorney involvement, according to the 2024 LexisNexis Auto Trends report.

The top five insurance companies have an average workers' comp market share of 5.61% as of December 31, 2023.