Category: Property Law

Will a Computer Be Making Claim Decisions on Your Loss? AI Will Be a Dominate Factor in the Future of Claims Handling

Insurance claims departments are increasingly investing in developing and using artificial intelligence (AI) to reduce claims labor costs and respond to claims inquiries. AI-powered claims processing is creating a new method of claims handling by automating traditionally manual, labor-intensive tasks prone to human error. This includes data entry, document review, image review, claims response, and […]

DOI Aims to Modernize its “Inefficient and Inflexible” Type A Natural Resource Damages Assessment Regulations

The U.S. Department of the Interior (DOI) published a proposed rule aimed at modernizing and streamlining the “Type A” Natural Resource Damage Assessment (NRDA) regulations under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and the Clean Water Act (CWA). (The comment deadline was later extended.) The revisions, first previewed in a January 2023 […]

Public Adjusters Should Routinely Double Check Contracts for Compliance and Avoid Fines or Class Action Lawsuits

What happens if a public adjuster’s contract is not legal, does not comply with insurance department regulations, and is otherwise not enforceable? Certainly, nothing good for the public adjuster. After I finished Friday’s ethics presentation, which seemed to go over well for the almost 200 public adjusters who attended the virtual class, I was thinking about […]

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