Don Jergler | Claims Journal Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, according to a new report that also shows claims costs are under pressure. Several factors are putting pressure on property claim timelines, including labor shortages, equipment delays… Continue reading Report: Property Claims Face Delays, Are Growing More Complex
Category: Insurance
Slips, Trips And Falls: Why It’s Important to Get Ahead of An Incident
John Gilewicz | Claims Journal Slips, trips and falls are a leading cause of injuries and fatalities in the United States. As a result, the cost of these mostly avoidable tragedies results in significant personal and financial loss. To best manage claims, it is essential to understand why slip, trip and fall incidents occur, and… Continue reading Slips, Trips And Falls: Why It’s Important to Get Ahead of An Incident
AI Regulation in Insurance: A Crossroads
H. Michael Byrne, Lauren J. Dalton and Michael Roberts | McDermott Will & Schulte Overview The United States approaches a “fork in the road” on AI development, while state insurance regulators continue enhancing their examination powers. In a summer full of headlines, discussion regarding an elevated concern over safety and regulation of artificial intelligence (AI)… Continue reading AI Regulation in Insurance: A Crossroads
Public Adjuster Coalition Unveils Ethics Code, Plans Complaint Board
Don Jergler | Claims Journal A new code for public adjusters that would create a board to put ethics violations in front of state regulators was introduced on Friday. The Public Adjusting Code of Professional Conduct is being pushed by a coalition of more than 16 public adjusters, insurance attorneys and industry stakeholders. The code… Continue reading Public Adjuster Coalition Unveils Ethics Code, Plans Complaint Board
Navigating Limitation Periods and Equitable Tolling in California Wildfire Claims
Advise & Consult, Inc. Executive Summary Reports directing victims of the January 7, 2025 Palisades and Eaton wildfires to file suit prior to January 7, 2027, rely on a simplified reading of statutory deadlines. While California law establishes a 24-month suit limitation for losses tied to a declared state of emergency, the doctrine of equitable… Continue reading Navigating Limitation Periods and Equitable Tolling in California Wildfire Claims