The key issue in insurance bad faith litigation is whether the claims professional reasonably handled the claim. Throughout the claims-handling process, the claims professional should constantly ask ...

LONDON, England, Oct. 5-- The Financial Conduct Authority, a provider of financial services, issued the following news release on Oct. 4, 2022: A Financial Conduct Authority (FCA) review of business ...

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 ...

The U.S. has sustained numerous natural and weather-related disasters over the past few years. Wildfires, historic snowstorms, droughts and hurricanes have caused unexpected destruction and property ...

An issue that often arises when an insurer is determining whether a policy provides coverage for bodily injury or property damage under a liability policy is the number of occurrences that may be ...

Like most industries, property and casualty insurance has been upended by disruptive technology and rapidly changing customer expectations. Customer experience is now one of the primary ways companies ...

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 ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Tesco Underwriting, who underwrite Tesco Bank-branded car and home ...

As commercial and residential buildings in Hawai‘i age, building owners and managers increasingly see incidence of water damage. When multiple tenants are involved, confusion often clouds the process ...

Superannuation giant Cbus will pay a $23.5 million fine after admitting it breached the law over major delays in its handling ...