Understanding the Challenges of Property Insurance Claims Denials in Florida

property insurance claims denied

Understanding the Challenges of Property Insurance Claims Denials in Florida The landscape of property insurance in Florida is a complex and often challenging arena for homeowners. In recent years, the state has seen a significant uptick in litigation related to property insurance claims, particularly denials and underpayments. This post aims to shed light on this pressing issue, offering insights and guidance to those navigating the often turbulent waters of property insurance claims in Florida. 1. The Startling Statistics of Insurance Claims in Florida A critical statistic that sheds light on…

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International Industry Leaders Convene at Global Insurance Symposium

Global Insurance Symposium News

The premier three-day event featured industry-shaping insights for attendees The 2023 Global Insurance Symposium brought together industry and regulatory leaders from around the world for three days of collaboration, networking and learning in Des Moines, Iowa, – the hub of the US insurance industry. With the theme of “Thriving in a Changing World,” 500 attendees participated in relevant panels, networking opportunities, breakout sessions and more, gaining valuable insight and direction. “The Global Insurance Symposium offered industry expert speakers and attendees the ideal setting for collaborative efforts as we to continue…

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Insurance companies like State Farm say now is the time for spring maintenance

Spring maintenance - Taking care of home

As the weather warms, and winter is left behind, homeowner have a few chores to complete. As tempting as it is to get outside and enjoy warmer spring weather, insurance companies are reminding homeowners that it’s best not to wait to complete spring maintenance tasks. State Farm has issued a reminder to customers including five tasks that are best to complete. In the spirit of reminding customers about spring maintenance and the importance of making sure the home is ready for the warmer months and everything that they come with,…

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Insurance payouts made via instant payments reached $227 billion last year

Insurance payouts - A person paying someone else

Insurers sent about 20 percent of all payments to policyholders using this digital method. Last year, nearly one in five consumers received insurance payouts at least one time, and among those 49 million policyholders, a larger number than ever before received the funds via instant payments. That meant 2022 represented the third consecutive year of increases for the use of this method of payments. The rising interest in and use of instant insurance payouts indicates that insurers will be increasingly required to provide customers with options from which they can…

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More asset managers addressing insurers investment needs

asset managers data analysis

CAMRADATA, a leading provider of asset manager research, due diligence, investment data and analysis for institutional investors has just published their US Insurance Asset Manager 2022 Directory, the #1 source of insurance asset management data. This year, CAMRADATA’s US Insurance Asset Manager Directory 2022 concentrates on those asset managers who are currently managing portfolios on behalf of global insurance companies, including US insurers, as provided via CAMRADATA’s online manager research platform, CAMRADATA Live. With over 115 asset managers listed, the US Insurance Asset Manager Directory 2022 is the largest and…

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