medical claims News

Cross-Claim Data Exchange Product Promises to Cut Claims Overpayments

Health and property/casualty insurers overpay injured people an estimated $15 billion a year because each sector of the industry lacks information about claimants that only the other side has, according to Stephen Ambrose, CEO of ICEX, an insurance information services …

BP’s $7.8B Gulf Spill Pact Wins Initial Court OK

BP Plc won preliminary court approval of an estimated $7.8 billion settlement to resolve more than 100,000 claims by individuals and businesses stemming from the 2010 Gulf of Mexico oil spill. The accord comprises two agreements, including one that covers …