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Strategies for Managing High-Volume Insurance Claims at Your Law Firm

CARET Legal

By adopting strategic approaches to leveraging technology, firms can streamline claim management, reduce bottlenecks, and improve efficiency Handling a large volume of insurance claims can overwhelm even the most organized law firms, straining resources and impacting client satisfaction.

Law Firms 111
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Ohio Supreme Court says insurance policy does not cover ransomware attack on software

JURIST

The Ohio Supreme Court Tuesday unanimously overruled a judgment of the Ohio Second District Court of Appeals and moved that there must be “direct” physical loss or physical damage in the company’s computer software for insurance policy coverage.

Court 280
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Have Cyber Insurance? The Preferred Victims Of Ransomware Attackers

Above The Law

Ransomware attackers, not to be left out, increasingly use phishing attacks as their primary attack vector and frequently target businesses with a cyber insurance policy. Typically, businesses with cyber insurance coverage must have a baseline of cybersecurity measures that insurance carriers require before offering coverage.

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Insurer Spending On Lawyers Rather Than, You Know, Healthcare

Above The Law

The post Insurer Spending On Lawyers Rather Than, You Know, Healthcare appeared first on Above the Law. Also, a Biglaw firm quietly scrubbed its website of a lot of its “diversity” language as the government steps up threats against private companies. And the ABA thinks the Supreme Court needs ethical rules.

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Case Study: Maximize Client Compensation by Unlocking the Power of Diminished Value

Your auto accident clients don’t realize that they have lost value in their vehicle because the insurance company covered their repairs and gave them a rental to drive until their vehicle was “brand new.” When they realize that loss in value is when they go to trade or sell their car.

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Eliminate Billing Delays and Improve Cash Flow for Insurance Defense Firms

CARET Legal

When insurance defense firms take control of their billing process, disputes shrink, approvals move faster, and cash flow stays steady. Getting paid shouldnt feel like endless waiting, but for many insurance defense firms , thats exactly what can happen.

Legal 80
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How Insurance Defense Firms Can Avoid Lost Revenue from Insurer Fee Reductions 

CARET Legal

Explore the actionable strategies insurance defense firms can implement to reduce fee reductions and protect their bottom line. Insurer fee reductions can rapidly erode revenue and profitability, often triggered by billing discrepancies, non-compliance with guidelines, or disputes over the value of legal services provided.

Legal 83