Coverage & Policy Issues

The firm asserted that Nationwide Mutual Insurance Co. failed to assign a promised number of insurance claims to their adjusters.

Forbidden practices include engaging policyholders in a contingency-based fee arrangement and rendering legal advice regarding coverage issues.

Many claims filed after 2021 Winter Storm Uri included HVAC systems with reported losses caused by freezing conditions.

This trend is anticipated to continue as 'fundamentals remain strong,' according to Marsh.

Data can be leveraged in ways outside of directly lowering premiums to reward good drivers.

With an increase in venture capital funding, insurance costs can increase by over 150% for startup companies.