The settlement resolves long-running claims of inflated ATM access fees affecting millions of consumers. A related lawsuit by ATM operators remains pending.
Carriers are rethinking claims and underwriting operations to meet volatile demand and rising costs. Elastic Staffing blends core leadership with vendor and tech support to create scalable, efficient teams.
The 2025 Los Angeles wildfire was the costliest ever, but quieter, relentless storms caused even more damage nationwide. The result is soaring insurance costs and shrinking coverage options.
Extreme weather is driving up insured losses and exposing coverage gaps across Canada. Low-income and marginalized populations face higher risks, slower recovery, and increasing insurance costs.
A candid Reddit discussion in the adjusters subreddit reveals how claims professionals balance empathy, boundaries, and risk when emotions run high after major losses.
A total loss rep allegedly issued over 100 fraudulent checks in a scheme spanning multiple counties. Investigators detail how internal access was exploited.
New research estimates premium changes under NFIP Risk Rating 2.0 reduced new policy counts and trimmed renewals, with the largest pullback in lower-income ZIP codes. For claims teams, the findings point to a wider protection gap and tougher recovery outcomes after flood losses.
The lawsuit aims to seize phishing infrastructure blamed for millions of fraudulent texts and widespread financial losses affecting U.S. consumers and insurers.
Insurers are leveraging generative AI to streamline workflows, ensure regulatory compliance, and enhance customer outcomes. The shift from prediction to real-time decision support is reshaping the industry.
Customer service and communication are top-rated skills in insurance. Learn how claims teams can build and leverage these strengths to deliver better outcomes and deeper policyholder trust.
Earnings and premium growth create space for strategic reinvestment, not complacency. Insurers must manage yield, capital, and longevity risks to stay ahead.
Insurer accuses two Brooklyn-based suppliers of billing for unnecessary and undelivered medical equipment through a kickback-fueled fraud scheme. The lawsuit seeks to block $2M in pending no-fault claims.