Claims / Legal
Erie Insurance: ‘No Evidence’ of Ransomware in Outage; TMNA Updates
Erie Insurance said it has "seen no evidence of ransomware and there is no indication of ongoing threat actor activity" in a June 17 update on its 10-day long network outage. That statement would ...
Solving the Claims Puzzle: How Insurers Are Automating One Process at a Time
The insurance industry continues to grapple with the twin pressures of claims inflation and natural catastrophes. While premium increases have helped offset some of these ...
AI Risks, Climate And Legislation Lead Verisk’s Emerging Issues Bracket
Collegiate teams that competed in the men's and women's basketball tournaments turned heads in March. Now, we're hearing about topics that made it to the final rounds of Verisk's recent emerging ...
Class Action: Drivers Sour on Lemonade for Exposing License Numbers
A new class action lawsuit alleges that digital insurer Lemonade has violated the privacy of as many as 190,000 drivers by exposing license numbers to cybercriminals through its online auto insurance ...
California vs. Florida: A Tale of Two Insurance Markets
Until recently, homeowners insurers weren't allowed to use catastrophe models to justify needed rate increases, or to include the cost of reinsurance in their rate indications in the state of ...
CDI Announces Investigation of State Farm Wildfire Claims Handling
California Insurance Commissioner Ricardo Lara on Thursday announced a formal investigation into State Farm's handling of thousands of insurance claims from wildfire survivors affected by the ...
Beyond the Call: How Real-Time AI Lets Insurers Deliver Calm During Storms
When extreme weather events strike, property/casualty insurance providers can count on a deluge of customer service calls from policyholders with high personal and financial stakes. Each weather ...
Uber Alleges Insurance Fraud Scheme in Florida as It Goes on Legal Offensive
Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take ...