INSURASALES

Tag: Claims Management

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.

CCC, Elitek Expand Integration to Automate Mobile Sublet Service Documentation

CCC Intelligent Solutions and Elitek Vehicle Services have expanded their CCC Diagnostics Network integration to automate documentation for Elitek’s mobile sublet services, enhancing efficiency for collision repair shops using CCC ONE.

Chubb Names Kim Hare Head of North America Property Claims

Chubb appoints Kim Hare as senior VP of North America property claims to enhance claims strategy and digital experience amid evolving market demands.

CCC and Elitek Advance AI Automation in Collision Repair and Insurance Tech

CCC Intelligent Solutions and Elitek enhance collision repair automation with AI-driven workflows, boosting efficiency in the P&C insurance claims process.

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.