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 ...

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 ...

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 ...

KITCHENER, Ontario & KALISPELL, Mont.--(BUSINESS WIRE)--Encircle, a leading provider of real-time documentation, collaboration, and field productivity software for the property and casualty insurance ...

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 ...

In addition to the competitive environment in which insurance companies operate, these businesses are challenged by more stringent compliance with government regulations and increasing expectations on ...

On the evening of Dec. 23, 2016, at seven seconds after 5:49 p.m., the holder of a renter’s policy issued by upstart insurance company Lemonade tapped “submit” on the company’s smartphone app. Just ...

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 ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Tesco Underwriting, who underwrite Tesco Bank-branded car and home ...