is included in most commercial property insurance policies and a component of first-party commercial property insurance policies; and provides coverage for lost profits and related costs when a ...

Artificial intelligence (AI) is set to have a profound impact on claims handling, according to Michael Cook, partner at PwC UK, who spoke during the ...

A federal lawsuit claims State Farm mishandled an auto claim and discriminated against a Black policyholder, raising sharp questions about insurer conduct and compliance.

In an ideal world, policyholders would not need to resort to litigation to recover the insurance proceeds to which they are entitled. But the reality is that insureds often have no choice but to bring ...

Owl.co is a standout force, transforming the insurance claims industry with its cutting-edge AI technology. In an industry traditionally resistant to technological advancements, Owl.co, spearheaded by ...

Payment claim handling is a crucial process within the financial sector, ensuring that all monetary transactions are accurate, legitimate, and properly accounted for. Despite its significance, this ...

When your health insurer pays a claim late, the interest charge is supposed to make it think twice. However, when it refuses to pay after sitting on a claim for two months, there is no automatic ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The insurance industry has undergone significant changes over the years. The integration of ...

California Department of Insurance Commissioner Ricardo Lara on Thursday, June 12, announced an investigation into State Farm over the insurer’s handling of thousands of claims made by survivors of ...