In a climate of economic uncertainty and consumer dissatisfaction, it is crucial that insurance companies understand what customers are looking for from their insurance providers. Companies that fail to meet consumers’ needs risk losing out to those that do — and competition is increasingly fierce....
The continuing boom of InsurTech innovation is a reflection of just how vast the opportunity is for technologies like machine learning (ML) to disrupt an industry that has relied on legacy processes for so long. Areas of commercial insurance like workers’ compensation have been a...
The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. According to a report in CNBC, the state regulator contends that around 1,500 unauthorized policies were opened...
May 09, 2023
CCC Intelligent Solutions and Verisk have partnered to combat a $308 billion problem: insurance fraud. The companies announced their partnership Tuesday (May 9), saying it would integrate the anti-fraud analytics from Verisk’s claims fraud detection solution with CCC’s claims platform. “This integration will help P&C insurers fight the rising threat of fraud in auto physical […]
December 07, 2017
The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. According to...
