LoanDepot to Revise Appraisal Complaint Policies Following Settlement with Baltimore Couple
In a legal settlement with a Black couple, mortgage lender loanDepot commits to policy changes after accusations of racially biased appraisal practices.
March 26, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Maryland
Washington Supreme Court Rules in Favor of Condo Association in Insurance Dispute Over Water Damage
The Washington Supreme Court’s recent decision clarifies that all-risk policies cover damages caused by a covered peril, even if initiated by an excluded peril like faulty workmanship.
March 26, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Washington
Property/Casualty Insurers Embrace AI Amid Bias Challenges, Survey Reveals
A new survey shows a significant shift towards AI in the P/C insurance sector, despite ongoing challenges with algorithmic bias.
March 25, 2024
Insurance Industry
Technology
Underwriting
Colorado
Change Healthcare to Process $14 Billion in Claims After Cyberattack Recovery
Following a significant cyberattack, Change Healthcare resumes services, aiming to process over $14 billion in claims, with UnitedHealth Group supporting impacted healthcare providers.
March 25, 2024
Insurance Industry
Risk Management
Technology
EU Targets Big Tech with Compliance Investigations Under Digital Markets Act
The European Commission investigates Alphabet, Apple, and Meta for insufficient compliance measures under the Digital Markets Act, signaling a major regulatory crackdown.
March 25, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Technology
Navigating the Balance of Technology and Human Touch in Insurance Claims
While technology revolutionizes insurance claims, the indispensable value of human connection and empathy remains paramount.
March 25, 2024
Insurance Industry
Technology
The Slow March Towards Gender Equity in Insurance Leadership
Despite women dominating the insurance workforce, their representation in C-suite roles lags, highlighting the journey towards gender parity.
March 25, 2024
Insurance Industry
Technology
Adjusters Share Frustrations and Experiences with Difficult Claimants
Discover the world of claims adjusters as they navigate challenging interactions with claimants, revealing the complexities behind insurance claims processing.
March 22, 2024
Auto
Insurance Industry
Litigation
Property
Generative AI Revolutionizes Insurance Underwriting with Enhanced Risk Insights
Explore how generative AI empowers insurance underwriters with critical insights into risk controls, building details, and insured operations for improved decision-making.
March 22, 2024
Insurance Industry
Risk Management
Technology
Underwriting
Court Denies Truck Driver’s PTSD Claim from Minor Fire, Citing Normal Working Conditions
A Commonwealth Court rules that a minor truck fire, extinguished quickly without injury, does not constitute an abnormal working condition for truck drivers.
March 22, 2024
Insurance Industry
Litigation
Risk Management
Workers' Compensation
Florida Judge Criticizes Insurance Company for Blocking Policyholder Claims
A Nassau County judge accuses a Florida insurance company of stonewalling policyholders and ignoring court orders, highlighting a broader issue with claim disputes.
March 22, 2024
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida
Justice Department Targets Apple in Major Antitrust Lawsuit Over Smartphone Market Dominance
The Justice Department and state attorneys general take legal action against Apple, alleging anticompetitive practices in smartphone markets to protect consumer interests and promote innovation.
March 22, 2024
Insurance Industry
Legislation & Regulation
Litigation
Technology
New Jersey
Setting the Stage for AI Success in Insurance with Data and Process Standardization
Explore the essential step of data and process standardization in the insurance industry, paving the way for successful AI and automation integration.
March 22, 2024
Insurance Industry
Technology
Enhancing Policyholder Engagement Through Digital Fluency in Claims Services
Discover how digital fluency in claims processing is transforming the insurance industry, bridging gaps, and enhancing policyholder satisfaction.
March 22, 2024
Insurance Industry
Technology
Atlantic City Races Against Time for Beach Replenishment Before Summer Season
As crucial summer months approach, Atlantic City faces significant beach erosion, prompting urgent calls for expedited beach replenishment projects.
March 21, 2024
Catastrophe
Insurance Industry
Property
Risk Management
New Jersey
