Offering a rare glimpse inside the hidden world of rejected insurance claims, new data shows a steady uptick among major private insurers. By Sarah Kliff Sarah Kliff has covered medical billing and ...
Frequency and value of large cyber insurance claims up 14% and 17% year-on-year in the first half of 2024, with data and privacy breach-related elements present in two thirds of these losses Growing ...
READ MORE: Up to 74m Americans unable to access healthcare services PODCAST: The biggest takeaways from RFK Jr’s confirmation hearing – on Welcome to MAGAland One-fifth of insurance claims from ...
Data is the foundation of every industry today, powering strategic decision-making, operational efficiency and customer engagement. However, as businesses accumulate vast amounts of data, managing it ...
Erie Insurance is grappling with more than just a network outage — now it's facing a federal class-action lawsuit. The civil complaint, filed June 15 in federal court in Erie, claims the company ...
When it comes to paying homeowner insurance claims, USAA companies fare poorly, at least by one rating agency’s measure. In 2023, according to Weiss Ratings, United Services Automobile Association and ...
Laws governing biometric data have also created an emerging frontier in insurance disputes and litigation over coverage for biometric data privacy claims. In some cases, insurers agree to defend under ...
Insurance companies operating in Texas closed almost half the claims filed by homeowners last year without paying anything, part of a rising trend that is shifting more costs onto property owners, ...
SAN FRANCISCO--(BUSINESS WIRE)--Coalition, the world's first Active Insurance provider designed to prevent digital risk before it strikes, today published its 2025 Cyber Claims Report, which details ...
Just because your company has locked down its security does not mean it will avoid losses. That's the lesson from recently released cyber-insurance data that shows ransomware costs are increasingly ...
“The growing significance of data breach losses among cyber insurance claims is driven by a number of notable trends,” explains Michael Daum, Global Head of Cyber Claims, Allianz Commercial. “A rise ...
Erie Insurance is being sued for negligence and failure to prevent an alleged ransomware attack that compromised customer data. The class-action lawsuit, filed by an Illinois customer, seeks damages ...