INSURASALES

Tag: Claims Management

Verisk to Acquire AccuLynx for $2.35B, Enhancing Insurance Claims Tech Ecosystem

Verisk's $2.35B acquisition of AccuLynx strengthens its property insurance claims ecosystem by integrating contractor SaaS workflows and enhancing data-driven restoration services.

Medical Professional Liability Insurance Market to Reach $33.7B by 2031

The medical professional liability insurance market is projected to grow from $12.5B in 2021 to $33.7B by 2031, with Asia-Pacific leading growth and advances in claims automation driving adoption.

Canal Insurance Appoints Paul Stachura as VP and Chief Claims Officer

Canal Insurance Company names Paul Stachura as VP and Chief Claims Officer, enhancing its claims leadership with expertise in commercial auto and litigation management.

Oscar Health Drives Claims Deflation with Innovative Routing Engine Amid Profitable Growth

Oscar Health's innovative routing technology is driving claims deflation and profitability, reshaping healthcare delivery and insurance cost management in the U.S. market.

Marsh Report Analyzes Emerging Transactional Risk Claims Trends for 2025

Marsh's 2025 report offers insights on managing transactional risk claims amid increasing M&A complexities. Learn key strategies for due diligence, claims handling, and collaboration to protect investments.

RoofMarketplace Announces $7M Funding and New CEO to Innovate Roofing Claims

RoofMarketplace secures $7M Series A funding and appoints new CEO Scott Holewinski to transform roofing claims processing with improved accuracy and transparency.

Lemonade Targets $5 Billion Indiana Auto Insurance Market with AI-Driven Strategy

Lemonade expands into Indiana's $5B auto insurance market leveraging AI, telematics, and bundling strategies to drive premium growth and approach profitability by 2026.

NY State Audit Reveals $1.5M Anthem Overpayments in Empire Plan Claims

New York State audit finds over $1.5 million in Anthem Blue Cross overpayments for physician-administered drugs under the Empire Plan, highlighting ongoing oversight and claims management challenges.

Auto Glass Insurance Fraud Surges from Florida to Kentucky, Impacting Costs

Auto glass insurance fraud is increasing across Florida to Kentucky, causing higher costs and challenges for insurers. This surge in fraudulent claims drives up premiums and impacts claims processing in the U.S. insurance market.

Florida Appeals Court Reverses Citizens Insurance Claim Denial in Roof Damage Case

Florida appeals court reverses Citizens Insurance claim denial, emphasizing limits on staged payment clauses in replacement cost policies. Implications for insurer claim handling and litigation.