Search Results | Showing 71 - 80 of 2414 results for "Claims" |
| | | ... have reached a settlement relating to "unacceptable delays" in the processing and payment of death benefit and insurance claims made by Cbus members and claimants. MUFG said it "sincerely apologises to Cbus and its members, their families and claimants". ... |
| | | | ... has launched a new insurance benefit, Total Permanent Disability (TPD) Severity, in response to a significant surge in claims, particularly for mental health and musculoskeletal conditions. According to the life insurer, there was a 166% increase in ... |
| | | | ... advice, with close to $37 million so far paid to Dixon Advisory and Superannuation Services clients. This is followed by 61 claims paid to clients of MyPlanner Australia totalling $1.8 million. MyPlanner went bust in 2020. The third highest number of ... |
| | | | ... place on delivering digital advice. Tightening cybersecurity controls is high on the list, as is sorting out death benefit claims that administrators and ultimately trustees don't have a grip on. "It's no good offering digital advice if it's ... |
| | | | ... for failing to exercise the degree of care and diligence expected of a super trustee. Equity Trustees vowed to fight the claims, saying it believes it acted in line with its fiduciary duties and obligations. About a month later, Equity Trustees slashed ... |
| | | | ... the period. The court also found that Hodgson and MacroLend engaged in very serious misleading or deceptive conduct in claims made in material provided to investors for investments in another company in the Paladin Group, Kradle Software. Hodgson and ... |
| | | | ... Standard reached out to legal representatives for both Halstead and Lofthouse for comment. According to reporting, Halstead claims he warned the market operator in 2015 and 2017 about issues with testing and engineering architecture for the replacement ... |
| | | | ... severe delays while some were left waiting more than 12 months for a payout. According to court documents, some 7713 TPD claims were impacted, 4366 of which took more than 12 months to be resolved and only 830 were resolved within 90 days. About 3600 ... |
| | | | ... you to use it," she said. "We'll also be checking in with trustees to see what progress they have made to improve their claims handling processes." In addition to issuing trustees another warning, Constant also flagged concerns the regulator has around ... |
| | | | ... background process, like cyber systems etc.," he says. This includes AI potentially "radically changing" specific processes like claims adjusting or responding to a particular customer complaint. "If businesses are able to halve the time it takes to ... |
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