Hundred-year storms. Record wildfires. Unexpected tornados. These and other extreme weather and national catastrophe events are happening more often today due to climate change. While the impacts of climate change have been unfolding over the last several decades, they’ve intensified …
Claims Journal is launching a new feature in which we solicit questions from our claims and insurance professional readers and then have experts answer them. This is the first article in that series. If you have a question you’d like …
In today’s fast-paced, digital world, the insurance industry is undergoing a rapid transformation, and the way insurance claims are being managed is no exception. The touchless claims experience is proving to be an elusive goal for some, a lofty aspiration …
The 2024 Atlantic hurricane season is fast approaching, and with preliminary forecasts predicting one of the most active seasons on record, there are plenty of how-to guides and checklists out there to help corporations and homeowners proactively prepare for what …
Auto insurance premiums have experienced a significant and unsustainable surge, increasing 26% over the past year. This surge can be attributed to various factors such as inflation and supply chain challenges that have caused vehicle costs to rise, and claims …
Last year while I was out of town, a roofing company showed up at my home and told my wife there had been a hailstorm recently, so they were visiting impacted neighborhoods and providing free inspection services. She let them …
Just over one year into the generative artificial intelligence (GenAI) revolution, businesses in virtually every industry have been grappling with how, exactly, to convert the sizzle around the technology into real-world, practical applications that drive quantifiable results. While the hype …
Once perceived as intricate, time-consuming, and on occasion, frustrating, insurance claims processing has undergone a substantial transformation with the integration of new technological solutions. From artificial intelligence (AI) to big data and automation, the insurance industry is witnessing a rapid …
The increasing emphasis on incorporating sustainability initiatives to fight climate change and ensure a greener world for future generations has led many organizations across various industries to reevaluate their practices. These efforts are, in part, attributed to increasing consumer pressure …
How to handle complex ports and terminals business interruption insurance claims, marine and cargo damages, and marine stock claims are topics that have again come to the forefront of claims professionals’ minds following the tragic Francis Scott Key Bridge collapse …