Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Insurers Broadening Architects, Engineers Liability Coverage: Survey
Apr 24 2018 // While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new...
XL’s Vidovich Joins AIG’s General Insurance as Chief Claims Officer
Apr 20 2018 // American International Group, Inc. announced that Anthony Vidovich will join the company as chief claims officer for General Insurance, effective May 14, 2018. In this role, Vidovich will be responsible for claims...
Sedgwick Adds 6,000 Claims Specialists with Acquisition of Cunningham Lindsey
Apr 20 2018 // Memphis-based global claims services firm Sedgwick has finalized the acquisition of competitor global loss adjusting and claims management firm Cunningham Lindsey and its subsidiaries. Sedgwick purchased its competitor...
Traumatic Stress Claims Expected from Southwest Airlines Engine Failure
Apr 19 2018 // Being on an airplane more than six miles in the air when an engine blows up and sends shrapnel through a window is an experience so scary that aviation lawyers say it’s not just the family of the woman killed on a...
Schwarzenegger’s UK Ad Campaign Drives Hike in Claims for Mis-Sold Insurance
Apr 19 2018 // Complaints about financial services firms rose by 13 percent in the second half of last year, driven by an increase in grievances about the mis-selling of payment protection insurance after an ad campaign featuring Arnold...
Florida’s Citizens Reopens More Than 25K Hurricane Irma Claims
Apr 17 2018 // Citizens Property Insurance Corp. says it has reopened about 37 percent of its Hurricane Irma claims, according to a statement from the Florida insurer of last resort. The insurer says the reopening of claims is part of...
California Mudslide Claims Top $421M
Apr 16 2018 // Insurers have received more than 2,000 insurance claims totaling more than $421 million in losses from the deadly Montecito, Calif., mudslide that destroyed or damaged more than 400 homes and businesses and killed 21...
People
Apr 16 2018 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has appointed Scott Stamper as managing director to run day-to-day operations and help guide the growth of Atlass Insurance Group,...
Rising Claims Frequency Hampers Results in Directors & Officers Liability Insurance Sector
Apr 16 2018 // The underwriting performance in the U.S. directors and officers (D&O) liability insurance market deteriorated significantly in 2017. Competitive pricing and an increasing number of lawsuits have hurt the line’s...
When Dogs Bite: Dog-Related Losses Account for One-Third of Homeowners Liability Claims Costs
Apr 16 2018 // Dog bites and other dog-related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $700 million. That’s according to the Insurance Information...
Pennsylvania Man Charged With Filing Fraudulent Insurance Claims in New Jersey
Apr 16 2018 // A Pennsylvania man has been charged with filing nearly $50,000 in fraudulent insurance claims for items allegedly lost or stolen while he was traveling around the country. Robert Cirino of Reading, Penn., was indicted on...
J&J $80 Million Damages Award Could Signal More Talcum Cancer Claims
Apr 12 2018 // Johnson & Johnson and a talc-mining company were ordered by jurors to pay $80 million in punitive damages for hiding that their products, including J&J’s iconic baby powder, had been tainted by asbestos and...
Everest Re Expects Q1 Catastrophe Losses of $100M on Rising California Wildfire Claims
Apr 12 2018 // Everest Re Group Ltd. estimates it will incur $100 million of catastrophe losses, net of reinsurance recoverables and reinstatement premiums, in the first quarter of 2018, largely arising from the California wildfires and...
Uber Wants Pay Inequality Accord to Also Settle Sex Harassment Claims
Apr 10 2018 // Uber Technologies Inc.’s $10 million settlement with women engineers who complained they were underpaid compared with men would also rid the ride-hailing giant of liability for potentially hundreds of sexual...
Pennsylvania Man Charged with Filing Fraudulent Insurance Claims in New Jersey
Apr 6 2018 // A Pennsylvania man has been charged with filing nearly $50,000 in fraudulent insurance claims for items allegedly lost or stolen while he was traveling around the country. Robert Cirino of Reading, Penn., was indicted on...
J&J Loses Trial in New Jersey Over Claims Linking Cancer to Asbestos in Talc
Apr 6 2018 // Johnson & Johnson suffered its first trial loss in a lawsuit claiming its talc-based products including Johnson’s Baby Powder contain cancer-causing asbestos, with a New Jersey jury on Thursday ordering J&J...
Dog Bite Claims Cost Insurers $700 Million
Apr 6 2018 // Dog bites and other dog-related injuries accounted for more than one third of all homeowners liability claim dollars paid out in 2017, costing almost $700 million. That’s according to the Insurance Information...
J&J Jury in New Jersey Set to Weigh Banker’s Claims Baby Powder Caused Cancer
Apr 5 2018 // Jurors are set to weigh an investment banker’s claims that using Johnson & Johnson’s baby powder for more than 30 years caused him to develop a deadly cancer linked to asbestos. A New Jersey jury will begin...
California Mudslide Claims Top $421M
Apr 3 2018 // Insurers have received more than 2,000 insurance claims totaling more than $421 million in losses from the deadly Montecito, Calif. mudslide that destroyed or damaged more than 400 homes and businesses and killed 21...
Michigan Auto Insurance Assessment Rising to $192 per Vehicle in July
Apr 2 2018 // Michigan drivers with auto insurance will pay more money than ever — $192 annually per vehicle — to cover unlimited medical benefits for severely injured motorists. The fee was announced Thursday by the Michigan...
