Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...

SUNNYVALE, Calif., March 26, 2021 (GLOBE NEWSWIRE) -- GigaForce is pleased to announce the launch of a patent-pending, blockchain-optimized, claims platform designed to expedite subrogation, recovery, ...

State Farm and USAA have partnered to test a blockchain-based solution for the insurance payment process, subrogation. The two insurance titans are using blockchain technology to automate and ...

Every year, health plans disrupt their members and still miss as much as 50 percent of claims that are eligible for subrogation. This little-known fact points to the reality that health plans, TPAs, ...

American insurance giant State Farm is testing a blockchain product to speed up the subrogation process for auto claims. State Farm is a large group of insurance and financial services firms that ...

The current trend of large companies looking to incorporate blockchain is still in its infancy. Mainstream mammoths across the board are finding ways to incorporate the technology to fit their ...

BLOOMINGTON, Illinois, Dec. 10-- State Farm Companies, an auto, home and individual life insurance provider, issued the following news release: In an age of fast-paced technology, companies have to ...

Once reversible subrogation candidates are identified, a process to reverse the subrogation payment may be initiated. “Accordingly, the present disclosure provides a method for identifying reversible ...

A fire races through a high-rise hotel. Firefighters deploy aerial ladders to reach the flames. Emergency personnel work tirelessly to rescue trapped guests and employees. Hours later, the fire is ...