The Rising Cost of Claims: Why Restoration Matters!

  by Phill McGurk (CARSI)   Insurance claims costs have risen sharply in recent years, driven by inflation, labour shortages, supply chain issues and global unrest. This represents an immense challenge for insurers and policyholders as higher costs lead to more claim denials, underpayments, and disputes. Premiums are also impacted as carriers pass on increased expenses.…

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