2+ week, 1+ day ago   (773+ words) The regulator examined policies and procedures from leading insurers, including brands NRMA, CGU, Suncorp...Crucially, 52 per cent of cash settlement offers were based on just one quote gathered by an insurer....Within that, nearly three-quarters of the one-quote offers were…...

2+ week, 10+ hour ago   (1691+ words) Cash settlements have become a popular tool for insurers when dealing with home building insurance claims...But a lack of reliable data makes it hard to know what is driving the trend: only one insurer in our...review could readily…...

2+ week, 16+ hour ago   (675+ words) Home insurers may be leaving Australians exposed to higher repair costs by using cash settlements in...ASIC Commissioner Alan Kirkland said insurers who offer cash settlements need to be vigilant that their...‘For many homeowners, accepting a cash settlement, instead…...

3+ week, 6+ hour ago   (934+ words) The insurer had filed a motion for relief from the consequences of its failure to act and for the additional...The insurer is challenging the trial judgment rendered by the Quebec Superior Court....

1+ week, 4+ day ago   (443+ words) The California legislature has passed three bills reshaping how property insurers handle claims and nonrenewals...The bills, authored by state senators Sasha Renée Pérez and Ben Allen, follow sustained scrutiny of insurer...SB 877 requires insurers to provide policyholders with claims-related…...

2+ week, 8+ hour ago   (455+ words) While a lower premium is always desirable, an insurer with a poor claims settlement ratio can end up...The higher the ratio, the more likely an insurer is to settle your claim smoothly....Many trusted insurers like Niva Bupa have…...

2+ week, 5+ day ago   (574+ words) The overall market average falling doesn't mean most insurers are cutting prices....Individual insurer movements over Q2 ranged from a 3.1% reduction to a 3% increase....Insurers simply aren't moving together the way they used to....Read next: Insurers have been raking it…...

1+ week, 5+ day ago   (620+ words) Price optimization occurs when an insurer varies premiums based on factors unrelated to a policyholder...Those factors can include whether a customer is likely to renew a policy, shop for another insurer, or...Chapter 2251 of the Texas Insurance Code requires…...

2+ week, 6+ day ago   (403+ words) Greg Abbott on Monday asked the state's insurance commissioner to require property insurers to consider...Alabama, which pioneered a similar program, requires insurers to offer discounts to homeowners that fortify...