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 the wake of a significant rise in harassment reports (6,000 more anonymous hotline submissions were reported in 2023 than the previous year) businesses face a critical question: How can they handle ...
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 ...
“In many instances, the claim handling process may include time-consuming and fact-intensive processes and procedures. However, insurers are motivated to timely investigate and pay claims promptly. At ...
In the years following Hurricanes Ian and Idalia, eight property insurance companies doing business in Florida three local, with a fourth connected to an area company violated state rules on how ...
The Florida Legislature passed the “Insurer Accountability” Act into law this week, which will take effect July 1, 2023. Known as Senate Bill 7052 (the “Act”), the new law creates comprehensive new ...
The IRS announced that it will open a new, supplemental claim process to help third-party payers, such as employee leasing companies, and their clients resolve incorrect claims for the employee ...
State Insurance Commissioner Ricardo Lara announced Thursday his department is launching a formal inquiry into how State Farm General, California's largest home insurer, is handling thousands of ...