October 2023 – Walton Insurance Agency

What to do, or not do, when reporting an insurance claim

If and when you have an insurance claim to report, you should inform your insurance agent of its occurrence as soon as possible, even if you called the claim in direct to the insurance company. Reporting direct is not only accepted today, it is encouraged by many insurance companies and agents, including this writer, IF… Read More »

The 2023 insurance industry crisis and artificial intelligence

After sustaining elevated claims expense in 2022, the U.S. Property & Casualty Insurance Industry (P&C) is now dealing with the greatest crisis in its long history. Catastrophic weather-related property and casualty losses, driven higher by inflation, are totaling in the billions. Those affected include hundreds of reinsurance and primary insurance carriers; risk managers, independent agents… Read More »