The key issue in insurance bad faith litigation is whether the claims professional reasonably handled the claim. Throughout the claims-handling process, the claims professional should constantly ask ...

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 ...

With rising claim denial rates posing a continuous threat to the financial stability of medical practices, the need for efficient claim processing has never been more critical. According to a poll ...

The U.S. has sustained numerous natural and weather-related disasters over the past few years. Wildfires, historic snowstorms, droughts and hurricanes have caused unexpected destruction and property ...

A checklist identifying the steps that a commercial policyholder should take when filing a claim under a first-party property insurance policy. Physical loss or damage to insured property. Various ...

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 ...

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 ...

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 ...

Like most industries, property and casualty insurance has been upended by disruptive technology and rapidly changing customer expectations. Customer experience is now one of the primary ways companies ...

Facing a professional liability claim can generate strong emotions. If a CPA discovers an error on a previously filed tax return, emotions may include guilt about ...

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 ...

As commercial and residential buildings in Hawai‘i age, building owners and managers increasingly see incidence of water damage. When multiple tenants are involved, confusion often clouds the process ...