Claims News Recap
January 14th - January 18th
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Friday, January 18th, 2019
Climate change is one of the most complex risks facing society today because of its impact on the wider economic and corporate landscape. While the full impact of climate change is yet to be realized, environmental issues like biodiversity loss, extreme weather events, man-made and natural disasters, all feature as top concerns in countries around the world...
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Thursday, January 17th, 2019
Delivering exceptional customer experience requires near-real-time service when a customer has a new claim. In a market that has the highest customer acquisition costs, it’s paramount for property and casualty insurers to keep the customers they have by making their experience as positive as possible...
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Wednesday, January 16th, 2019
The industry used to be a tech laggard. No more. Though there’s still much work to be done, most insurers are now better-positioned to capitalize on their investment in technology. Here are eight key tech trends that continue to shape the industry: 1.Greater stress on cybersecurity. An Ernst & Young security survey revealed that 59% of respondents had encountered a significant cybersecurity incident in their organization...
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Tuesday, January 15th, 2019
"Studies have found insurance companies to be among the most despised service industries, but few customers resort to making physical threats against a provider. Charles Everett Jones, 51, of Takoma Park, however, is accused of doing just that. Jones is now facing one count of threatening arson, a misdemeanor in Maryland...
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Monday, January 14th, 2019
Bay County’s Hurricane Michael insurance claims have risen in recent weeks, helping push total losses to more than $4.8 billion in Florida, according to the latest state Office of Insurance Regulation report. The report states that as of Jan. 4, the county still had by far the most Michael-related claims with a total of 81,736 claims, up from 79,178 last month...
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