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Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

For HealthCare.gov consumers, in 2021, less than two-tenths of one percent of in-network claim denials were appealed. For those that were, insurers upheld the denial in 59% of cases. If that happens, there are some claims handling best practices you should consider. They often include a timeline for appeal.

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Healthcare Cyber Attacks: What You and Your Clients Should Know

ProWriters

In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack. Watch our Cyber U video about why healthcare organizations need Cyber Insurance. Several major breaches have made headlines.

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5 FCA permissions for advising on commercial insurance.

Protect Commercial Insurance

This includes recommending a specific insurance policy to a customer. This covers a range of activities – for example, introducing a customer to an insurer or insurance broker, helping someone fill in an application form and sending a customer’s application to an insurer. Arranging investment deals.

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Top Building Insurance Pitfalls To Trigger F.O.M.O.

Property Insurance Centre

Accidental damage is not usually covered by a normal building insurance policy. Define the maximum amount that you are willing to spend additional in the case of a claim. – Failure to read particular policy documents. It is important not to rely only on the words that a broker tells you, try to read all the details.

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Understanding Commercial Flood Insurance in the United Kingdom

Property Insurance Centre

From the catastrophic floods in Carlisle in 2005 to the more recent deluge in London in 2021, businesses in flood-prone areas have faced disruption, financial losses, and complex insurance claims. This article explores the intricacies of commercial flood insurance in the UK, highlighting regional variations, challenges, and solutions.

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Freehold Block of Flats Insurance: Top Cover Tips

Property Insurance Centre

Freehold Block of Flats Insurance: Top Cover Tips If you own a freehold block of flats , it’s crucial to have the right insurance coverage to protect your investment. Standard home insurance policies may not provide adequate protection for the unique risks associated with a block of flats.

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Understanding New York’s New Insurance Disclosure Requirements

Risk Management Monitor

The New York law requires that an insured defendant disclose information about any insurance policies sold or delivered in New York that could be applicable to a plaintiff’s claim. This requires careful assessment to ensure compliance while avoiding potentially unnecessary insurance disclosures.

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