Impact of Economic Inflation for US Liability Insurance Claims
US liability claims costs have risen by an annual average of 16% over the last five years, well above average rates of economic inflation at around 4%
“Claims Database” focuses on the analysis and management of insurance claims data. It covers systems and technologies that collect, store, and process claims information to streamline claims handling and improve decision-making.
This category addresses how insurers use claims databases to assess risk, detect fraud, and optimize payouts. It also explores advancements in data analytics, automation, and artificial intelligence that enhance claims accuracy and efficiency. The section is valuable for insurance professionals looking to understand best practices, innovations, and trends in claims data management to drive operational improvements and deliver better customer outcomes.
US liability claims costs have risen by an annual average of 16% over the last five years, well above average rates of economic inflation at around 4%
A new SEC cyberattack reporting rule has left public companies and insurers exposed to potential regulatory probes and shareholder class actions
$950 mn in lightning-caused U.S. homeowners insurance claims were paid out to 62,000-plus policyholders, with $125 mn of the total
Florida Hurricane Catastrophe Fund plays a vital role in Florida’s property-insurance system as it provides relatively low-cost reinsurance
BigData technology in insurance. Beinsure has collected the opinions of experts for use cases Data Analytics Technology for insurers
InsurTech Startups are developing new approaches to traditional activities, such as underwriting and claims management. Categories startups
The estimated insurance claims bill from the sequence of earthquakes that hit Turkey and Syria earlier in February appears to be growing
The P&C insurance claims landscape is becoming increasingly challenging due to unprecedented claims inflation. There are many underlying causes—among them
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The scale and frequency of cyber incidents led 2024 to be the year that cybersecurity issues entered the mainstream discussion
Insurers are quickly entering a new era of claims management—one supported by rapid technological advancements and growing data availability