Car Insurance Fraud – 12 Strategies to Stay Safe

Key Takeaways: Automotive insurance coverage fraud may be so simple as exaggerating the variety of miles you drive when making use of for protection to prison exercise, like staged accidents or fraudulent medical claims. Fraud associated to automotive insurance coverage can carry stiff penalties like heavy fines and restitution, probation, and even jail time. The … Read more

Insurance News: Building the digital core with data quality

Knowledge high quality and information structure at the moment are acknowledged in insurance coverage and most different industries because the gasoline wanted to deal with our largest challenges. Constructing the digital core of any group solely works when you could have the info high quality to behave on it.  On this version of Insurance coverage … Read more

Insurance News: Increasing risk, inflation, and regulation

As modifications in threat and macroeconomics—particularly inflation—proceed to affect insurance coverage business dynamics, regulators stay engaged to assist insurers and clients alter accordingly. However not all interventions are attaining their meant outcomes. On this month’s Insurance coverage Information Evaluation, Joanne Laffan and I focus on the unintended penalties of the UK Monetary Conduct Authority guidelines … Read more

Insurance News: How AI is enabling the future workforce

The insurance coverage trade continues to deal with an getting old workforce and with the impacts of the Nice Resignation. To fill the useful resource gaps, carriers are more and more turning to collaborative robots, or cobots, to assist prepare and retain youthful employees.  On this Insurance coverage Information Evaluation, we have been delighted to … Read more

Insurance News: Cloud connectivity in an evolving risk landscape

With all of the connectivity that cloud allows, and complicated dynamics at play in figuring out who has the duty to course of and defend PII, insurers must work with their ecosystem companions to guard the info of their clients and workers. On this Insurance coverage Information Evaluation, we have been delighted to welcome Aaron … Read more

Insurance News: The next horizon of expansion

As insurers look to the following horizon of growth with an inclusive and numerous strategy, there are a variety of alternatives influencing scale potential together with acquisitions, capital investments, the metaverse and the emergence of insurtech 2.0. On this month’s Insurance coverage Information Evaluation, Joanne Laffan and I focus on how a pre-scale insurer like … Read more

Insurance News: Counting the insurance costs from the 2024 hurricane season

Insurers and their prospects in Florida might really feel some aid with the top of this yr’s hurricane season. However restoration from the injury left by Ian and Nicole is simply starting. And so are the questions on how the insurance coverage trade will reply. On this month’s Insurance coverage Information Evaluation, Abbey Compton and … Read more

Insurance News: 2024 in review

As we close to the top of 2024, the insurance coverage business is responding to disruption throughout all strains of enterprise. From clients involved about crypto losses to employers nonetheless assessing the dangers of COVID-19, insurers are discovering methods to supply safety. On this ultimate Insurance coverage Information Evaluation of the 12 months, Abbey Compton … Read more

Domestic Partner Health Insurance Explained

Laws surrounding civil unions, same-sex marriages, home partnership, and medical insurance change usually. Legal guidelines differ from state to state and may be altered at any time. At Einsurance.com, we goal to offer readers with correct, up-to-date data written by licensed people. Nevertheless, it’s vital to concentrate to modifications in your particular state. The knowledge … Read more

What Is Force Placed Insurance?

Pressured positioned insurance coverage exists to guard lenders, and it’s generally referred to as lender positioned insurance coverage. Pressured positioned insurance coverage may be bought by a lender to cowl a house, an auto, an RV, and even boats and planes. This sort of insurance coverage is purchased by the lender when a shopper’s coverage … Read more