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US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood

Insurance Journal

Insurance carriers may want to examine policy language – and what information they request from insureds – after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims that a wood-treating company …

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

Word & Brown

According to reporting last year by KFF (the independent source for health policy research, polling, and journalism formerly known as the Kaiser Family Foundation) data from insurers for Affordable Care Act Marketplace plans show nearly 17% of in-network claims were denied in 2021. They often include a timeline for appeal.

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Proactive Tips for Businesses Facing Hail Damage Claims

Risk Management Monitor

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Let’s say you operate a business in Plano, Texas, and have a commercial property policy with a renewal date of January 1, 2022.

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What is Subrogation and How Does it Work?

Bankers Insurance

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? This concept is typically applied in automobile insurance, both personal and business, and is also found in property, general liability, and worker’s compensation insurance. WHEN DOES SUBROGATION OCCUR?

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Benefits of an Independent Insurance Agent for Your Personal Insurance Needs

TGS

Insurance agencies can be sorted into two categories: captive and independent. A captive agency is tied to one insurance carrier, which means these agents are biased to make money for their specific carrier. On the flip side, an independent agency works fluidly with several insurance carriers.

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Blog Post: Global Microsoft Outage: Guidance for Claimants Navigating the CrowdStrike Event

LexisNexis

Cybersecurity Insurance Analyze types of risk to an enterprise that may be covered by cybersecurity insurance. Cybersecurity Insurance Policies Review Checklist Discover key issues and risks that should be considered when reviewing a cybersecurity insurance policy.

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How to Become a Medicare Insurance Agent

Redbird Agents

Aside from being a requirement, you will receive the fundamental training essential for you to understand how health insurance plans work, including original Medicare, Part C, Medicare supplement plans (also called medigap plans), and part d plans. Some FMOs will provide you with E&O insurance. What’s the solution?