Tag: Claims

Supply Chain Challenges Impacting Auto Insurance Total Loss

Explore how supply chain challenges are driving total loss claims in auto insurance, impacting valuations, repair costs, and premium strategies.

Chubb Advances AI-Driven Digital Transformation to Enhance P&C Operations

Chubb's multi-year plan leverages AI and automation to transform underwriting, claims, and operations, aiming for significant cost savings and efficiency in property and casualty insurance.

Nepal Non-Life Insurers Face Investment Decline Amid Surge in Flood Damage Claims

Nepal's non-life insurers saw a 39.63% rise in claim payments due to floods and landslides, causing a 13.18% drop in investments. Life insurance claims grew 20.63%, affecting overall insurance sector investments.

Nepal Life Insurers See Rising Claim Payments and Pending Claims Over Three Years

Nepal’s life insurance sector experiences increasing claim payments and a rise in pending claims, highlighting key operational and regulatory challenges from FY 2079 to 2081.

Oklahoma Auto Repair Shops Challenge Law Ending Direct Insurance Claims

Oklahoma's new law blocking assignment of benefit contracts in auto repairs is challenged by repair shops citing safety and insurance payment conflicts. Lawsuit underway.

U.S. Workers’ Compensation Shifts: California Leads Market Transformation

Explore the transformative shifts in the U.S. workers' compensation insurance market, driven by escalating claims costs and reserve challenges, with California as a leading indicator.

Chubb Faces Scrutiny Over Clergy Abuse Claim Settlements with NY Archdiocese

Chubb Insurance disputes claims settlement responsibilities for historic clergy abuse cases involving the New York Archdiocese, raising questions about liability coverage and insurance obligations.

J.D. Power Study Reveals Digital Claims Update Gaps Impacting Customer Retention

J.D. Power's 2025 study finds only 22% of insurers provide timely digital claims updates, impacting customer retention and satisfaction in auto and homeowners insurance.

Brian Walshe Trial Highlights Life Insurance and Forensic Challenges in Suspicious Death Case

Coverage of the Brian Walshe trial reveals crucial forensic and insurance-related elements, including life insurance considerations and investigative evidence in a suspicious death case.

Hong Kong Property & Casualty Insurance Faces Rising Claims Pressure in 2025

Rising claims from Hong Kong's Wang Fuk Court fire and natural disasters drive 2025 property and casualty insurance underwriting challenges, pushing net combined ratios higher.