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Equipment Breakdown Tops Small Restaurant Claims List

With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small business restaurant owners across the U.S. to determine the … Source: Claims Journal

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Survey: More U.K. Claims Handlers Seeing AI-Driven Fraud

A significant percentage of U.K. claim handlers believe that up to a quarter of claims filed involve fake supporting documents doctored by Artificial intelligence, a new survey shows. A survey in the U.K. from automation company Sprout.ai shows 19% of … Source: Claims Journal

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Aspen’s Orseck Explains the Growing Impact of PFAS [Video]

As research has evolved on the effects of per- and polyfluoroalkyl substances (PFAS), correlations are being made to medical conditions within people exposed—and that’s about everyone to some degree. “We’re ingesting this stuff for years and years, to the point … Source: Claims Journal

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Visa Sets Aside $1.5 Billion in a Litigation Escrow Account

Visa Inc. said it allocated $1.5 billion to cover litigation costs. The global payments firm authorized the deposit of the money into a litigation escrow account that’s used for covered litigation, it said in a filing Thursday, without specifying any … Source: Claims Journal

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DOAN Group Launches New Franchise Serving Tampa, Florida

The Doan Group, a provider of auto and property appraisal and adjusting services, added a new insurance claim appraisal franchise serving the Tampa, Florida, area. Husband and wife team Ralph and Paola Rivera will own and operate the new franchise … Source: Claims Journal

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