Verisk's new PAAS Explorer can save insurers time and help prevent premium leakage.
While Q1 2022 brought underwriting gains for P/C insurers, inflation continued to create significant challenges for insurers.
In an important new MSP decision, the U.S. Circuit Court of Appeals for the Eleventh Circuit in MSPA Claims 1, LLC v. Tower Hill Prime Insurance Co.
Recent reports of inflated vehicle market values, exorbitant loan-to-value ratios
Verisk's newly enhanced Filings tool is designed to make the most of an insurer's time.
Litigation continues to be a major contributor to rising claims costs, and the issue is only getting worse.
In a significant development on the TPLF front, on May 27, 2022, Illinois Governor J.B. Pritzker (D) signed into law the Consumer Legal Funding Act.
In an interesting development to watch, on June 28, 2022, the Delaware State Senate passed Delaware Senate Concurrent Resolution No. 127.
The insurance industry has experienced tremendous change in the past few years.
In a major MSP compliance development, the RAMP Act was introduced into the United States House of Representatives on June 14th.
The big question facing many insurers and policyholders is: Are we equipped for these rare-but-devastating disasters?
Claim handlers spend a lot of time on the phone trying to get third-party policy information for subrogation purposes or to validate coverage.
Rising injury claim severity is presenting insurers with significant challenges. Not only are these claims more costly, but they’re often more complex.
After two years, COVID-19 continues to impact workers’ compensation claims. In previous entries, we provided a broad look at the industry.
Knowing a property's history, including changes in ownership and occupancy, is essential to paint a vivid picture of a property's condition.
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