settlement authority News

Claims Process ‘Challenging’ as Insurers Suffer Record Winter Losses, Aon Says

US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks, according to a report released Thursday by Aon. Maybe claims departments are becoming a little testy. Aon’s quarterly Global Market …

Florida’s Mediation Procedure Amendments to Impact Carriers

The Florida Supreme Court recently approved amendments to Rule 1.720 of the Florida Rules of Civil Procedure, relating to mediation procedures. At least one amendment could prove problematic for insurers. The amendments are effective Jan. 1, 2012. Changes were made …