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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. These can be added to your policy for an additional premium. Exclusions Building insurance policies will have exclusions, which are specific events or circumstances that are not covered by your policy.

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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 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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What is Subrogation and How Does it Work?

Bankers Insurance

When a contract mandates a waiver of subrogation, it means that you are relinquishing your insurance carrier’s right to seek compensation from another party, typically the party you are under contract with. It’s best to work with a trusted insurance broker to determine how subrogation applies to your various policies.