policyholder News

How The World’s Most Valuable Resource is Changing Insurance

This post is part of series sponsored by CoreLogic | Symbility. Oil was once the most valuable resource in the world. Today though, some would say that data is. Data is changing the way business is done everywhere, including the …

New Facial Recognition Technology Promises to Cut Insurance Fraud

A new online facial recognition technology, Facebanx, has been developed that promises to dramatically reduce claims fraud. Facebanx, a division of OhHi, a successful video chat company, has developed software that asks policyholders to add their photo to their insurance …

Navigating the Tripartite Relationship

Investigating and defending catastrophic injury claims involves careful navigation of the tripartite relationship that exists among the policyholder, the claimant, and legal counsel hired by the insurer to defend the insured. When evaluating catastrophic injury claims, adjusters need to keep …

Florida Insurance Company Owners Guilty of Diverting Funds

A Miami-Dade Circuit Court entered a $76 million judgment against Aries Insurance Company former owners, Marcos Fraynd and his children Paul Fraynd, Saul Fraynd and Fanny Fraynd, who were found guilty of diverting funds for personal use. Aries, a personal …