Claims

The insurance carrier argued that some of the damage submitted in the claim was pre-existing and not caused by a storm.

The outlook is driven by a host of factors, including rising loss cost severity and increased losses from secondary perils.

Around 15% of all auto premiums paid are used directly to cover undetected fraudulent claims, J.S. Held reports.

Over half of U.S. employees use generative AI at work, despite the fact that only 41% of organizations have made it a priority.

The lawsuit alleges Aon "wrongfully" used its unified platform to lure clients and reap huge profits.

The committee asked whether Citizens has contemplated requesting a federal bailout in the event of being unable to cover its claims.

Insurance technology news from Cytora, Bold Penguin, Tysers and more.

Covering your bases: Reduce the risk of damage by using loss prevention tech and following best practices for home maintenance.