INSURASALES

Tag: Claims Management

State Farm Rolls Out Advanced Accident Detection in Illinois and Florida

State Farm Rolls Out Advanced Accident Detection in Illinois and Florida

State Farm introduces advanced accident detection technology in Illinois and Florida, enhancing emergency response and claims efficiency while addressing telematics data privacy and regulatory compliance.

Expert.ai's Hybrid AI Drives Transformation in Insurance Underwriting and Claims

Explore how Expert.ai's hybrid AI solutions are transforming insurance underwriting, claims processing, and policy servicing with increased accuracy and efficiency.

Web-First Innovation Drives Evolution in Property & Casualty Insurance

Explore how web-first, cloud-native technologies are reshaping property and casualty insurance with advanced automation, AI, and interconnected ecosystems for enhanced efficiency and customer experience.

Click-Ins Secures U.S. Patent for AI-Driven Vehicle Damage Identification Technology

Click-Ins' patented DamagePrint technology uses AI to create unique digital signatures for vehicle damage, enhancing accuracy and efficiency in inspections and insurance claims.

Sapiens Launches AI-Enhanced CoreSuite 13.0 for North American P&C Insurance Market

Sapiens launches CoreSuite 13.0 with AI-driven underwriting and enhanced claims and billing tools, improving operational efficiency for North American P&C insurers.

Sapiens Launches Version 13 of CoreSuite P&C with AI-Driven Underwriting Enhancements

Sapiens releases Version 13.0 of CoreSuite for Property & Casualty, enhancing AI-driven underwriting, claims, and billing capabilities to optimize insurer operations in North America.

AvonRisk Acquires AS&G to Boost Claims Admin in Southern US Markets

AvonRisk acquires AS&G Claims Administration, expanding their claims management and workers' compensation services in Texas, Louisiana, Mississippi, and Alabama. AS&G retains its leadership, enhancing AvonRisk's service offerings to public entities and self-insured employers.

Florida Fines Eight Insurers $2M for Delayed Hurricane Claim Processing

Florida fines eight home insurers $2 million for delays and unresponsiveness in handling Hurricane Ian and Idalia claims, highlighting regulatory enforcement during hurricane season.

Maxus v. Travelers Fire Insurance Dispute Sets Precedent on Soot Damage Coverage

The Maxus v. Travelers case clarifies soot damage as covered direct physical loss, emphasizing the importance of precise policy wording and timely claims handling in commercial fire insurance disputes.

Social Inflation Drives Up Workers Compensation Claims Severity and Costs

Social inflation is increasing the severity and cost of U.S. workers compensation claims, driven by legal challenges, regulatory changes, and evolving claim management strategies.