Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Lloyd’s Insurers’ Stocks Fall on Possible Claims from Hurricane Harvey
Aug 29 2017 // Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the epicenter of the U.S. oil industry. The storm, which which made landfall...
North Carolina Residents File Suit to Halt Energy Co.’s Bid to Waive Legal Claims
Aug 28 2017 // Nine neighbors living near Duke Energy’s unlined coal ash pits want North Carolina courts to block the nation’s largest electric company from offering a $5,000 payment to neighbors that give up the option of...
Nestle’s ‘Natural’ Claims on Poland Springs Don’t Hold Water, Lawsuit Alleges
Aug 25 2017 // Nestle SA’s Poland Spring Water unit has duped American consumers into paying premium prices for ordinary ground water that’s pumped from some of Maine’s most populated areas, rather than from natural...
Panensky to Lead New Ironshore Computer Emergency Response Team
Aug 25 2017 // Ironshore Inc. has unveiled a Computer Emergency Response Team (CERT) to manage cyber claims across all product lines. CERT-Ironshore is a dedicated computer response team comprised of cyber claims coordinators...
A Response to Some Insurtech Claims, Part 2
Aug 23 2017 // Last week, we started a conversation about some of the common insurtech claims. Last week, we mentioned the statement from one particular company about all the good that they do. If you missed last week’s post,...
Third Jury Sides with J&J, Bayer Over Xarelto Drug Liability Claims
Aug 21 2017 // A federal jury has cleared Bayer AG and Johnson & Johnson of liability in the third case to go to trial out of thousands of lawsuits claiming the drugmakers’ blood thinner Xarelto led to severe internal...
QBE H1 Profits Rise 73% on Australia/N. Zealand Rate Hikes, N. America Growth
Aug 21 2017 // QBE reported a healthy profit hike during first half of 2017, despite heightened claims activity in its Emerging Markets’ division, which reported a combined ratio of 110.8 percent. This poor performance has led to...
21 States See Drop in Longer-Term Opioid-Related Workers’ Comp Claims: WCRI
Aug 21 2017 // As states institute opioid policies to address the opioid epidemic, a new study has found considerable decreases in the prevalence of longer-term dispensing of opioids to injured workers in a number of states studied. The...
Lawsuit Claims Rodent Was Baked Into Sandwich at Pennsylvania Chick-fil-A
Aug 18 2017 // A lawsuit claims a suburban Philadelphia woman got an extra topping on her Chick-fil-A sandwich: a dead rodent. Ellen Manfalouti sued in Bucks County Court over the tiny rodent she claims was baked into the bottom bun of...
Lawsuit Claims U.S. Delinquent in Enforcing Rear Passenger Seat Belt Law
Aug 18 2017 // A new lawsuit accuses the U.S. government of being too slow to implement rules requiring that rear seat vehicle passengers be warned when they fail to buckle their seat belts. In a complaint filed on Wednesday, two...
Uber CEO Claims Venture Capital Lawsuit Against Him Should Go to Arbitration
Aug 17 2017 // Ex-Uber Technologies Inc. Chief Executive Officer Travis Kalanick said the lawsuit brought by venture-capital firm Benchmark seeking his ouster from the company’s board should be heard in private arbitration. In a...
Making the Adjustment
Aug 16 2017 // This post is part of a series sponsored by CoreLogic. The Modern Age of Desk Adjusting for the Insurance Industry Deploying adjusters to the field is a large overhead cost for insurance companies. Incoming claims vary in...
A Response to Some Insurtech Claims
Aug 16 2017 // There’s a popular word this year that I’m really tired of. It may not be bothering you so much, but I’ve read it so much that it’s become this year’s “it is what it is” for...
People
Aug 7 2017 // Ron Lockton, who has served as vice chairman of global insurance broker Lockton Inc. for the past two years as part of the succession plan, is expanding his role to become president and chief executive officer of the...
Minnesota Says American Family, Bristol West Refused to Pay 3rd Party Auto Claims
Aug 7 2017 // Minnesota Commerce Commissioner Mike Rothman has fined two insurance companies for violating state consumer protection laws by refusing to pay auto accident claims for damage caused by drivers they insured. In recent...
How to Catch Commercial Auto Use Fraud
Aug 7 2017 // Pulling the wool over the insurance company’s eyes seems like a victimless crime. After all, if a few dollars are saved by saying a car is a personal vehicle instead of the commercial work truck it really is, who...
Insurers Respond to Rising Claims Abuse
Aug 7 2017 // Whenever severe weather strikes and there is property damage, insurers are among the first responders to help throughout the recovery process. However, in too many cases, some shady contractors, public adjusters and...
Several States See Drop in Opioid-Related Workers’ Compensation Claims: WCRI
Aug 4 2017 // As states institute opioid policies to address the opioid epidemic, a new study has found considerable decreases in the prevalence of longer-term dispensing of opioids to injured workers in a number of states studied. The...
AIG Discloses It Could Face Claims from London’s Grenfell Tower Fire
Aug 4 2017 // American International Group Inc., the provider of commercial insurance, told regulators it could face claims costs from the Grenfell Tower fire that killed dozens of people in June in London. “Our net exposure to...
Chubb’s Claims Team Taps Scheidegger, Latter from Zurich; Promotes Smith
Aug 4 2017 // Chubb announced the appointment of three new positions within its regional claims team. Marc Scheidegger has been appointed as claims director, Continental Europe, and will be based in Paris. With 22 years of experience in...
