Once reversible subrogation candidates are identified, a process to reverse the subrogation payment may be initiated. “Accordingly, the present disclosure provides a method for identifying reversible ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

BLOOMINGTON, Illinois, Dec. 10-- State Farm Companies, an auto, home and individual life insurance provider, issued the following news release: In an age of fast-paced technology, companies have to ...

This is the fifth of six articles addressing climate change lawsuits in the context of (re)insurance. In previous articles in this series, we have discussed the litigation risks faced by liability ...

What Is a Waiver of Subrogation? A waiver of subrogation is a contractual provision whereby an insured waives the right of their insurance carrier to seek redress or seek compensation for losses from ...

United States insurance giant State Farm and military-affiliated bank United Services Automobile Association (USAA) are testing a blockchain-based subrogation solution with real claims data. State ...

Ransomware attacks continue to challenge U.S. companies, with cybercriminals now routinely extorting companies for multimillion-dollar payouts. A company that experiences an attack will likely seek ...

U.S.-based insurance company State Farm is testing a blockchain-based solution to speed up the subrogation process for auto claims, according to an announcement published Dec. 10. State Farm is a ...

AI and Advanced Technology Help Carriers Assess Inbound Demands in Minutes and Efficiently Pay What They Owe When Settling Subrogation Claims “Reviewing inbound subrogation demand packages, some as ...

SAN MATEO, Calif. & CHICAGO--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) and CCC Intelligent Solutions (CCC), a leading SaaS platform digitizing the P&C insurance economy, today announced that CCC’s new ...

If your business suffers a loss that’s covered by insurance, you’ll need to file an insurance claim. Here's how a claim works and how to file one.