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 ...
The economics of risk are being reshaped not by frequency trends, but by the volatility and operational drag embedded in complex insurance claims.
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 ...
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.
Insurance companies operating in Texas closed almost half the claims filed by homeowners last year without paying anything, part of a rising trend that is shifting more costs onto property owners, ...
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