Berkshire Hathaway Specialty Insurance (BHSI) has introduced its Preferred Counsel Program, a strategic initiative aimed at revolutionizing securities litigation for insured parties involved in high-stakes class actions. This program not only provides exceptional legal representation but also
The insurance industry is facing new challenges due to recent tariffs implemented by the United States, which are creating significant ripple effects across global markets. These changes are directly affecting claims management processes by disrupting supply chains and escalating material costs. As
In the current business environment, companies confront numerous risks that could adversely affect their financial health and operational stability. As a vital safeguard against these uncertainties, property and casualty insurance (P&C insurance) offers crucial defense mechanisms against
In the evolving landscape of India's health insurance sector, the efficient processing of claims remains a significant challenge. The recent acquisition by Perfios of IHX, a healthcare information exchange platform, has set the stage for a transformative approach in claims management. Perfios,
In a significant milestone for the landlord insurance sector, Steadily, a leading insurance startup, has successfully raised $30 million in a Series C funding round led by Two Sigma Ventures. This funding round also saw participation from prominent investors, including Clocktower Technology
The legislative efforts to regulate AI's use in healthcare claims processing have intensified, as multiple states in the U.S. aim to protect patients' interests and ensure fair medical decisions. The rising reliance on AI technology in various aspects of healthcare, including payer prior
