The impact of climate change has affected every market sector you can imagine. Still, insurers are feeling a two-fold pinch from addressing this risk and the ever-changing industry regulations designed to combat it. To better understand how insurance companies around the United States respond to volatile weather events caused by ...
8/5/2021
Cybersecurity efforts with the insurance sector have faced many of the same struggles and demands as other industries. While the same cyberattack techniques have been used by criminals wanting data to hold ransom, insurers are especially at risk because of the sheer volume of unique consumer data they process on ...
6/24/2021
Florida Home Insurance Costs on the Rise Florida Office of Insurance Regulation (FOIR) announced that insurance rate increases up to 33% would be approved in 2021 because of the market hardening statewide. Carriers have requested significant hikes in home insurance premiums in the double digits to help them recoup further ...
5/20/2021
Being lauded as one of the costliest winter weather events in Texas History, the February freeze that struck the Lone Star State has billions in claims piling up quickly. It is expected there will be over a million insurance claims submitted because of the damage caused to property, business, and ...
4/21/2021
On-Demand Claims Solutions 2020 has been quite the year, and especially so on the insurance front. Besides the obvious and ongoing pandemic and the challenges it brings, we also saw record-breaking activity this Atlantic hurricane season that was true to many predictions. With a steady onslaught of damage and devastation, ...
12/10/2020
Minimize the Risk of a Cyber Breach Cyber breaches have always been there, just below the surface. But looking over the past decade it is clear that their scope and scale have escalated. All day, every day, malicious online actors are working to breach networks – both yours and your ...
11/11/2020
As technologies continue to grow and thrive the insurance industry will increasingly see changes on this front. Insurtech–the use of technology to enhance insurance operations and the customer experience–is already in wide use when it comes to insurance underwriting. Implementation across the varied landscape of claims handling is the next ...
10/14/2020
In the wide world of insurance claims and litigation management, details will vary wildly from one case to the next. Novel situations will arise and sometimes the facts can be tricky. But no matter the complexity, there are some basic operating procedures for insurance claims professionals to hold to. When ...
9/18/2020
If you are an insurance industry professional, you know that there’s an inherent perception gap between what you may think you’re offering clients and what they think they’re receiving. A recent study commissioned by Nationwide examines the extent to which this gap exists, along with the ways that other variables ...
8/24/2020
For insurance adjusters, great customer service begins with being the type of person that you would want to do business with. Learn more about multi-level customer service and what the Bar List insurance network can do to help you.
7/15/2020