In most insurance companies, the claims department is where promises are tested. It is also where costs, controls and customer ...
Offering a rare glimpse inside the hidden world of rejected insurance claims, new data shows a steady uptick among major private insurers. By Sarah Kliff Sarah Kliff has covered medical billing and ...
Universal Insurance Holdings, Inc. (the “Company”) announced today the successful conclusion of a state review of its claims data related to Hurricane Irma, which occurred in September 2017. The ...
Automotive giant Scania confirmed it suffered a cybersecurity incident where threat actors used compromised credentials to breach its Financial Services systems and steal insurance claim documents.
As health insurers increasingly rely on artificial intelligence to process claims, denials have been on the rise. In 2023, about 73 million Americans on Affordable Care Act plans had their claims for ...