The U.K.’s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden of multimillion-pound payouts, the government said Wednesday. As part of the changes, Flood Re will lower the premiums it charges …
Washington Updates Insurance Claims Handling Rules, Deadlines
New claims handling rules in Washington require insurers to follow updated rules that establish deadlines for responding to policyholders, conducting investigations, issuing denials and making
