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This highlights insurers' greatest weakness in COVID cases: most of the exclusions cited to avoid coverage have nothing to do with a pandemic.
Federal judges dismissed cases against Norwegian Air Shuttle and Deutsche Lufthansa, concluding they did not breach passenger contracts.
Resolving claims before the year's end enables claims handlers to release reserves, close files, and prepare for a new year.
Lawsuits and natural disasters have brought in a new crop of general counsel in the insurance industry during the pandemic.
Insurers are increasingly leap-frogging traditional products with new approaches to avoid processing costs and keep claims cycles short and efficient.
Insurers can expect to see another shift in how D&O insurance is tapped to cover new losses in the wake of COVID-19.
News from FBAlliance Insurance, Sapiens, Arbitration Forums, and more.
The $45-billion cruise industry is at the forefront of the crisis, and recent lawsuits are just the tip of the iceberg.
Expect an increase in claims related to contractual scheduling along with mediations, arbitrations and litigation over construction delays.
These were the top medical malpractice carriers in 2019, based on direct premiums written, market share and more.
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