Tag: Insurance Claims

Identity Theft: What You Need to Know

NICB Projects 49% Surge in Identity Crime Fraud Impacting U.S. Insurance in 2025

The National Insurance Crime Bureau forecasts a 49% rise in identity crime fraud in 2025, emphasizing synthetic identity fraud's impact on insurance claims and industry risk management.

AI-Powered Appeals Transform Fight Against Health Insurance Claim Denials

AI-Powered Appeals Transform Fight Against Health Insurance Claim Denials

Discover how AI-driven tools like Counterforce Health empower patients and providers to effectively counter health insurance claim denials and navigate prior authorization challenges.

Medicare Advantage Nightmares

Medicare Advantage Plans: Key Drawbacks Affecting Coverage and Care

Explore the critical limitations of Medicare Advantage plans impacting provider access, prior authorization delays, and coverage costs, with insights relevant for healthcare and insurance professionals.

Maryland Supreme Court: Insurer Must Honor Post-Loss Claim Assignments Despite Anti-Assignment Clause

The Maryland Supreme Court ruled that anti-assignment clauses in insurance policies do not prohibit assignment of post-loss claims, impacting claims handling and policy interpretation.

Grand Valley Summer Hailstorm Drives Surge in Insurance Claims and Roof Repair Backlogs

The June 2025 Grand Valley hailstorm caused significant damage leading to increased insurance claims, roof repair backlogs, and heightened demand for local contractors. Insurers and repair shops adapt to evolving market pressures.

Broome and Tioga Counties Face $25M-$30M Storm Damage, Insurance Claims Surge

Severe July storms in Broome and Tioga Counties, NY cause $25M-$30M in property damage, prompting a rise in home and auto insurance claims and highlighting flood insurance importance.

NJ Flash Floods Trigger Surge in Insurance Claims Amid Rising Premiums

New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.

FEMA Launches Disaster Assistance in Kerr County After Severe Flooding July 2025

FEMA activates Individual and Public Assistance programs for Kerr County flood victims post-July 2025 storms. Guidelines highlight insurance claims coordination and SBA loan availability.

Connecticut Law Revises Arbitration Costs and Interest in Insurance Disputes

Connecticut's new law changes insurance dispute arbitration by requiring insurers to cover arbitration costs and pay interest on disputed amounts, promoting faster claimant payments and greater insurer accountability.

Risks of Out-of-State Vehicle Registration Amid Rising Auto Insurance Costs

Explore the risks of out-of-state vehicle registration amid rising auto insurance rates, including potential insurance fraud and legal consequences. Learn state-specific rules and compliance tips.