A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry. Claims tied to SRCC—strikes, riots and civil commotion—are emerging as a growing headache for insurers …
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