A checklist identifying the steps that a commercial policyholder should take when filing a claim under a first-party property insurance policy. Physical loss or damage to insured property. Various ...

is included in most commercial property insurance policies and a component of first-party commercial property insurance policies; and provides coverage for lost profits and related costs when a ...

In the wake of a significant rise in harassment reports (6,000 more anonymous hotline submissions were reported in 2023 than the previous year) businesses face a critical question: How can they handle ...

In the wake of the December 4, 2024 fatal shooting of UnitedHealthcare’s CEO Brian Thompson, questions were raised about insurance claim denial practices. Several news outlets noted that UnitedHealth ...

Owl.co is a standout force, transforming the insurance claims industry with its cutting-edge AI technology. In an industry traditionally resistant to technological advancements, Owl.co, spearheaded by ...

In an ideal world, policyholders would not need to resort to litigation to recover the insurance proceeds to which they are entitled. But the reality is that insureds often have no choice but to bring ...

Payment claim handling is a crucial process within the financial sector, ensuring that all monetary transactions are accurate, legitimate, and properly accounted for. Despite its significance, this ...

“In many instances, the claim handling process may include time-consuming and fact-intensive processes and procedures. However, insurers are motivated to timely investigate and pay claims promptly. At ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The insurance industry has undergone significant changes over the years. The integration of ...