[ad_1] “As carriers evaluate their core systems and digital infrastructure this year, the priority must be reducing friction where it matters most,” said Sylvester Mathis, chief insurance and chief revenue officer at Insurity. “A clunky or disconnected claims process frustrates customers and risks sending them elsewhere. When someone avoids filing a claim, despite having coverage,…

[ad_1] Moves include a new chairman and a new vice president [ad_2] Source link

[ad_1] California also experienced the largest single incident included in the analysis. From April 2021 to January 2024, member data from Blue Shield of California was shared with Google for advertising purposes, affecting an estimated 4.7 million individuals. While the company stated that no malicious actors were involved, the data shared included information such as…

[ad_1] Licensed in 41 states plus the District of Columbia, Eleos Life plans to distribute its products via banks, credit unions, and fintech platforms. The expansion aims to improve access to individual insurance in a market where many consumers lack adequate coverage. [ad_2] Source link

[ad_1] Step 8. Obtain intermediate credentials  Candidates for the CEBS title have a choice of taking only the GBA or RPA courses and becoming a Group Benefits Associate or Retirement Plans Associate, respectively. To become a certified employee benefits specialist, candidates must take all five courses. Completing all five courses gives candidates the benefit of…

[ad_1] Advice comes as almost two-thirds of workers cite disconnection from management as reason for leaving [ad_2] Source link

[ad_1] “Tariffs are impacting nearly every industry, including automotive, life sciences, consumer products like electronics, toys, appliances, and even food when it comes to ingredient sourcing,” Harvey said. “And when enforcement is lighter, the risk grows even more.” [ad_2] Source link

[ad_1] In a decision that could ripple through the commercial insurance landscape, the Tennessee Court of Appeals has ruled that two insurers must share responsibility for defending a property management company in a premises liability lawsuit. The decision, issued May 21, 2025, in HG Jones, LLC v. Jordan Howell et al., offers a cautionary tale…

[ad_1] “The sheer magnitude of the level of reductions to the Medicaid program alone will impact all patients, not just Medicaid beneficiaries, in every community across the nation,” Pollack said. “Hospitals – especially in rural and underserved areas –  will be forced to make difficult decisions about whether they will have to reduce services, reduce…

[ad_1] Turmoil, shadow fleets, and mis-declared cargo affect marine risk priorities [ad_2] Source link

[ad_1] He urges resiliency focus as insurers adapt to compounding exposures and tech shifts [ad_2] Source link

[ad_1] Automation is viewed as a growing factor in the underwriting process. More than half (53%) of respondents expect underwriting tasks to become more automated in the coming years. That expectation may be tied to perceptions of the work itself, as 84% of industry leaders described underwriting tasks as somewhat to very tedious. [ad_2] Source…

[ad_1] The bill would mandate that insurers disclose a breakdown of premiums collected specifically for Scaffold Law-related risks, as well as paid judgments, case reserves, incurred but not reported loss estimates, and defense expenses. Insurers would also be required to report on investment income derived from these premiums, salaries of their 20 highest-paid employees, and…

[ad_1] Yet, there is no doubt the attack has reinforced the value of cyber insurance, even among financially robust companies. Beyond a headline-grabbing event, such attacks reinforce the urgent need for better cyber protection, smarter underwriting, and stronger partnerships between insurers, brokers, and businesses. [ad_2] Source link

[ad_1] Packaging businesses play a crucial role in supply chains across industries—from food and beverage to electronics and retail. Whether manufacturing packaging materials or acting as a broker, day-to-day operations come with complex risks. Transportation delays, raw material shortages, inflation, production disruptions, and equipment breakdowns are just a few challenges that can quickly impact profitability….

[ad_1] Total global premium income grew by €557 billion to reach €7.0 trillion in 2024. Life insurance accounted for the largest share of this, generating €2,902 billion in premiums. Property and casualty (P&C) insurance followed at €2,424 billion, while health insurance contributed €1,682 billion. [ad_2] Source link

[ad_1] Total global premium income grew by €557 billion to reach €7.0 trillion in 2024. Life insurance accounted for the largest share of this, generating €2,902 billion in premiums. Property and casualty (P&C) insurance followed at €2,424 billion, while health insurance contributed €1,682 billion. [ad_2] Source link

[ad_1] Jim Carson, legislative director for the department, said a separate proposal backed by Governor Phil Scott offers a more consistent approach. Under that bill, the department would maintain its existing review process but include an additional step allowing the commissioner to assess whether a rate is affordable. If a proposed rate exceeded the benchmark…

[ad_1] The House has also advanced several bills focused on tort reform. House Bill 434, which has been sent to the governor, would increase the threshold at which uninsured drivers can recover bodily injury medical expenses, raising the limit from $15,000 to $100,000. Another measure, House Bill 450, would require plaintiffs to demonstrate that injuries…

[ad_1] Further, the court affirmed the appointment of a Receiver to investigate and collect Atlas Turner’s insurance assets—defined to include policies, proceeds, claims, and related information. However, it reversed a portion of the Receivership order that extended control to “any other assets which are related to, touch or are otherwise relevant to such insurance.” That…

[ad_1] Slide was established in 2021 by Bruce and Shannon Lucas, a husband-and-wife team with extensive experience in the insurance sector. Bruce Lucas, who previously founded and led Heritage Insurance Holdings Inc., serves as Slide’s chief executive. Shannon Lucas, formerly CEO of risk consulting firm Securus Risk Management LLC, holds the roles of chief operating…

[ad_1] Rather than using traditional group insurance, Tiara Yachts operated a self-funded plan, hiring BCBSM to administer it. The arrangement, governed by an Administrative Services Contract, gave BCBSM authority to interpret plan terms, determine claim eligibility, and pay providers using plan assets. The ASC also allowed Tiara Yachts to dispute paid claims within 60 days…

[ad_1] The court, however, upheld the dismissal of Tarlton’s other claims, including false promise, promissory estoppel, fraud, and negligent misrepresentation. Those allegations centered on a letter from Great American stating it would pay part of the claim upon receipt of a signed release. The court concluded there was no binding promise to pay unless Tarlton…

[ad_1] In the U.S., the practice serves clients such as commercial airlines, general aviation operators, aerospace and manufacturers, airports and government contractors. Services range from insurance placement and claims management to risk advisory across areas including hull and liability coverage, product liability and satellite-related exposures. [ad_2] Source link

[ad_1] “Privacy resilience is an organisation’s ability to withstand, adapt and recover from adverse privacy events, whether regulatory inquiries or enforcement, legislation, lawsuits or public scrutiny,” she said. “It encompasses more than just strong data protection mechanisms; it includes flexibility — the capacity to adapt to new regulations, technologies and unforeseen incidents with minimal disruption.”…

[ad_1] If you’ve ever worked with an independent insurance agent, you’ve likely heard the phrase, “subject to underwriting approval.” But what does that really mean—and who is the underwriter making those decisions? An insurance underwriter is the person responsible for evaluating risk and determining whether an insurance company can offer you coverage, under what conditions,…

[ad_1] NOAA warns of increased likelihood of frequent and intense storms [ad_2] Source link

[ad_1] Storey began his career in human services, with a background in mental health, veterans’ wellness, and substance use sectors. He holds a master of social work degree from Rutgers University and is a Certified Praesidium Guardian, reflecting training in abuse prevention and risk management. [ad_2] Source link

[ad_1] The company pointed to a past federal inquiry, saying that the Department of Justice investigated the allegations, reviewed thousands of documents, and interviewed multiple witnesses before deciding not to pursue the case. It cited “significant factual inaccuracies” in the allegations as a key reason for the DOJ’s decision.  [ad_2] Source link

[ad_1] Over a dozen firms reviewing documents in effort to secure solvent exit [ad_2] Source link