News
Creators are the new underwriters of trust
6+ hour, 33+ min ago (920+ words) Insurance has always been a business of promises. The policy itself is a contract written in dense prose, but the product it represents is something far simpler: trust. When that trust erodes - as it has quietly over the past decade…...
AI, Layoffs, and a New Wave of Employee Lawsuits Expose Small Businesses to Litigation Risks; Counterpart's Agentic Insurance" Platform Protects Them
2+ hour, 27+ min ago (174+ words) Early Investors Behind Space X Double Down on Three-Time Founder Tanner Hackett's Latest Company, Bringing Total Funding to $106 M LOS ANGELES--(BUSINESS WIRE)-- Counterpart, the specialty insurance company built for the AI era, today announced the close of its $50 M…...
AI is coming to Medicare claims
4+ hour, 15+ min ago (474+ words) Artificial intelligence can process a prior authorization request in mere seconds, cross-referencing thousands of variables without fatigue. However, AI cannot offer empathy or explain to a 71-year-old retiree that a denial letter is a starting position, not a final verdict....
NAIC regulators debate the scope of AI guardrails
4+ day, 6+ hour ago (599+ words) State insurance regulators are at the implementation phase of guidance on artificial intelligence, following broader adoption of a model bulletin developed by the National Association of Insurance Commissioners. During a recent Big Data and Artificial Intelligence Working Group discussion, an…...
LTD claims: What advisors and clients must know
5+ day, 6+ hour ago (326+ words) Disability insurers evaluate risk at two critical points: before issuing a policy and after a claim is filed. During underwriting, insurers assess medical history, occupational duties, income and disclosed health conditions to determine eligibility, pricing and exclusions. This process is…...
Using AI to elevate people, products and decisioning
1+ week, 1+ hour ago (219+ words) In every industry, we lament that we can't clone our best talent, but that constraint is starting to change. Advances in AI are making it possible to scale the impact of high-performing individuals, reducing the limits of human endurance, multitasking…...
Buy-sell agreements and life insurance
9+ mon, 3+ week ago (896+ words) As advisors, it is our responsibility to help our business-owner clients understand the options they have available to them. Let's look at the foundational aspects of these options and examine why they are different from key-person coverage. There are two…...
Ideal Finance Establishes Global Fin Tech Regulatory Innovation Lab in Silicon Valley and Partners with International Giants to Build Institutional-Level Compliant Digital Asset Custody System
7+ mon, 2+ day ago (470+ words) The newly established Global Reg Tech Innovation Lab will be located in Silicon Valley, focusing on the research and development of regulatory technology (Reg Tech) solutions for global financial institutions and digital asset companies. The lab's core areas of focus…...
Why Choose Joye Law Firm for Your Personal Injury Case - Insurance News | Insurance News Net
7+ mon, 3+ week ago (798+ words) When you've been hurt in an accident, the last thing you want to worry about is fighting with insurance companies or figuring out complicated legal procedures. Your focus should be on healing, not paperwork and negotiations. That's where having the…...
Purpose over speed: How carriers will win with AI
1+ week, 6+ day ago (475+ words) Insurers may have been spared a landfall hurricane in the U. S. in 2025, but the spring and summer severe weather and tornado outbreaks accounted for a record 21 billion-dollar disasters. And with tornadoes already wreaking havoc this early in the storm season, it…...