PYMNTS-MonitorEdge-May-2024

Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

Today In Payments: Public Businesses Reap PPP Relief; Grab CEO Says Company Facing ‘Tough Decisions’
Today In Payments: Public Businesses Reap PPP Relief; Grab CEO Says Company Facing ‘Tough Decisions’
April 21, 2020  |  News

In today’s top news, millions of dollars from the Paycheck Protection Program (PPP) have not gone to benefit small and medium-sized businesses (SMBs), and the...

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Allstate On Using AI To Fight Insurance Claims Fraud
Allstate On Using AI To Fight Insurance Claims Fraud
April 21, 2020  |  Fraud Prevention

Cybersecurity experts are scrambling to fight the sheer number of different digital fraud forms that are on the rise, and the ongoing COVID-19 pandemic has...

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Restaurants And Insurers Square Off In Battle Over Pandemic Payments
Restaurants And Insurers Square Off In Battle Over Pandemic Payments
April 19, 2020  |  Economy

A lobbying effort has pitted the restaurant industry against insurers as the American economy attempts to find its way out of the coronavirus pandemic, according...

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Coronavirus: Country Financial Unveils Premium Refunds; University Of Tennessee, Knoxville Students To Get $15M+ In Room, Board Refunds
Coronavirus: Country Financial Unveils Premium Refunds; University Of Tennessee, Knoxville Students To Get $15M+ In...
April 16, 2020  |  Coronavirus

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to...

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What Furloughs And Shifting Business Models Mean For SMB Workers’ Comp
What Furloughs And Shifting Business Models Mean For SMB Workers’ Comp
April 16, 2020  |  B2B Payments

With the coronavirus forcing small- to medium-sized business (SMB) owners to digitize, adjust business models, close their doors or furlough staff, entrepreneurs are quickly recognizing...

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Coronavirus Refunds: AAA Texas Unveils $125M In Premium Refunds; San Diego State To Provide Over $24M In Refunds
Coronavirus Refunds: AAA Texas Unveils $125M In Premium Refunds; San Diego State To Provide Over...
April 15, 2020  |  Coronavirus

The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to...

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How Mobile Technology Is Changing Insurance Claims
How Mobile Technology Is Changing Insurance Claims
April 10, 2020  |  Disbursements

With the COVID-19 pandemic proving to be financially stressful, more consumers are seeking to receive funds or claim payments from businesses or insurers more quickly...

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Insurers Say Covid Claims Excluded From Biz Interruption Policies
Insurers Say Covid Claims Excluded From Biz Interruption Policies
April 09, 2020  |  Coronavirus

In a letter to U.S. Reps. Gilbert Cisneros and Mike Thompson, both of California, representatives from insurance industry groups wrote that standard commercial insurance policies...

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Hollywood Studios Aim To Collect On Insurance Policies
Hollywood Studios Aim To Collect On Insurance Policies
April 09, 2020  |  Coronavirus

Amid millions lost in box office receipts and production costs due to the coronavirus pandemic, Hollywood studios are now aiming to collect on their insurance...

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