Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
LA County Approves $4B Payout to Settle Sexual Abuse Claims at Juvenile Facilities
Apr 30 2025 // Los Angeles County officials this week approved a $4 billion payout to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959. The agreement reached on April 4 far surpasses a $2.6 billion settlement...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils
Apr 30 2025 // Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this trend continues, global...
People Moves: Mosaic Promotes Duggan to Lead North American Claims; Hiscox Names Sinkus CUO in US; EPIC Appoints Jackson Managing Principal, Global Leader
Apr 30 2025 // Mosaic Promotes Duggan to Lead North American Claims Thomas Duggan Mosaic, headquartered in Hamilton, Bermuda, named environmental and casualty risk specialist and former district attorney Thomas Duggan as the...
Dog Bite Claims Soar in Frequency and Cost: Report
Apr 25 2025 // Insurers in the U.S. paid out about $1.6 billion in dog-related injury claims in 2024, according to data compiled by the Insurance Information Institute (Triple-I) and State Farm. The number of dog bite and related injury...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options
Apr 24 2025 // Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among...
New Hampshire Regulates Use of Technology in Auto Claims, Property Underwriting
Apr 18 2025 // The New Hampshire Insurance Department (NHID) has issued a bulletin clarifying insurers’ obligations when using virtual claims adjustment systems to assess automobile damage. That guidance came in response to a...
Clorox Australia Fined $5.2 Million Over False Claims of Using Recycled Plastic
Apr 15 2025 // Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially...
People Moves: Willis Names Spinelli Head of Transactional Claims; Amadori Joins Zurich From Markel to Head Management Liability; BHSI’s New Casualty Leaders
Apr 11 2025 // Dom Spinelli Willis, a WTW business headquartered in New York City, appointed Dom Spinelli as head of transactional insurance claims for North America. He leads the claims function within Willis’ Alternative Asset...
Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers
Apr 8 2025 // Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico,...
How Westfield Is Implementing AI in Claims
Apr 8 2025 // Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those are the most important promises that artificial intelligence and new technologies...
Inside LA County’s $4B Agreement to Settle Sex Abuse Claims at Juvenile Facilities
Apr 8 2025 // Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959, officials said. The agreement, which still needs approval from the Los Angeles County...
Viatris to Pay Up to $335 Million to Resolve Opioid-Related Claims
Apr 7 2025 // Viatris said on Monday it would pay up to $335 million over nine years as part of a nationwide settlement to resolve opioid-related claims against the drugmaker. Shares of the Pennsylvania-based company, formed by the...
JD Power: Customers Not Happy With Carrier Property Claims Service
Apr 7 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...
Claims Service, Tech, Communication Top Independent Agent Concerns
Apr 7 2025 // Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300...
Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says
Apr 2 2025 // The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost...
RYZE Acquires Missouri’s Acorn Claims
Mar 31 2025 // RYZE Claim Solutions, a full-service claims management provider, announced its acquisition of Acorn Claims, a Springfield, Missouri-based firm specializing in daily and catastrophe claims services nationwide. RYZE said the...
People Moves: Marsh Promotes Russell as Global Head of Wholesale; Markel Boosts Wholesale Claims Team With 3 Key Promotions, Technical Claims Hire
Mar 24 2025 // This edition of International People Moves details appointments at insurance broker Marsh and the insurer Markel. A summary of these new hires follows here. Marsh Promotes Russell as Global Head of Wholesale, Meah as Head...
Resilience: Third-Party Risk Involved in 31% of Cyber Claims
Mar 24 2025 // More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research...
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition
Mar 24 2025 // More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported...
People Moves: Marsh Names Curran US Surety Leader, Schweitzer US Construction Claims Leader; Ryan Alternative Risk Promotes Havey to President
Mar 21 2025 // Fran Curran Marsh, headquartered in New York City, appointed Fran Curran as U.S. surety leader and Todd Schweitzer as U.S. construction claims leader. Based in Philadelphia, Curran is a 24-year veteran of Marsh who most...