Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Insurers Claim They’re Off The Hook for Duke Energy’s N.C. Coal Ash Spill Claims
Jun 16 2017 // Dozens of insurance companies say they’re not obligated to help pay for Duke Energy Corp.’s multi-billion dollar coal ash cleanup because the nation’s largest electric company long knew about but did...
House Panel Gets Down to Business on Flood Insurance Proposals
Jun 15 2017 // House lawmakers are weighing seven proposals to renew and reform the federal flood insurance program, an area where there is a good amount of bipartisan agreement that something should be done and even on what to do. The...
Florida Court Rules Property Insurer Liable for Shortfall in Policy Benefits Promised by Agent
Jun 15 2017 // A Florida state Court of Appeal reversed the dismissal of a claim for negligent procurement of property insurance, because, when placing the coverage, the insurer’s agent failed to account for a reduction in...
Tennessee Dog Bite Claims Totaled $9.4 Million in 2016
Jun 14 2017 // Tennessee Department of Commerce and Insurance (TDCI) and the United States Postal Service have issued a reminder to Tennessee homeowners to obey leash laws to avoid costly dog bite insurance claims this year. For 2016,...
How and Why More Insurers Are Turning to Bots
Jun 12 2017 // As more bots handle claims and perform underwriting tasks, should human employees be concerned? Human industry experts say there’s no need to worry. Insurers in the U.S. and overseas are exploring the use of chatbots...
Texas Lawyer Indicted in Roof Claims Insurance Fraud Case
Jun 9 2017 // A Texas attorney been released on $20,000 bond after being indicted on charges of organized criminal activity, legal misconduct, and insurance fraud related to hail claims, the Texas Department of Insurance announced. A...
Worley Acquires Massachusetts’ Apex Claims Service
Jun 9 2017 // Worley Claims Services LLC (Worley), a provider of insurance claims services in the U.S., has acquired Apex Claims Service of New England LLC (Apex), a provider of daily and catastrophe commercial and residential property...
The Hartford Launches Nationally Registered Apprenticeship Program
Jun 8 2017 // The Hartford is working to educate college students about opportunities in the insurance industry while helping to make the transition from college to an insurance career an easier one. This initiative comes through its...
Canada’s Home Insurers Undergo Claims Stress Test: J.D. Power
Jun 6 2017 // A record year for catastrophic disasters, from the Fort McMurray fire to floods in Quebec, have put Canadian home insurers to the test in 2017. According to the J.D. Power 2017 Canadian Home Insurance Study, a spike in...
NICB Confirms Texas as Leader in Hail Damage Claims
Jun 5 2017 // Everything is big in Texas, including hailstorms. The National Insurance Crime Bureau (NICB) reported that insurance claims for hail damage in Texaslast year exceeded the previous two years combined. Hail damage fluctuates...
‘Pink Slime’ Media Liability Trial Against ABC Opens in Climate of ‘Fake News’ Claims
Jun 5 2017 // A South Dakota meat processor’s $5.7 billion defamation lawsuit against American Broadcasting Companies Inc., which opens Monday, pits big agriculture against big media, and is a first major court challenge against a...
Travelers’ Drone Program Is Shaping the Way Claims Reps Do Business
Jun 5 2017 // Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The nearly...
Texas Lawmakers Pass ‘Hailstorm’ Litigation Bill
Jun 5 2017 // Legislation backed by the insurance industry and some Texas business groups that curtails the ability of policyholders to sue insurance companies over property claims following extreme weather events passed the state...
Massachusetts Court Affirms How to Calculate Interest in Workers’ Comp Suit
Jun 5 2017 // The Massachusetts Appeals Court has affirmed the Department of Industrial Accidents (DIA) reviewing board’s decision in a case involving how interest should be assessed on unpaid workers’ compensation...
Chubb Names Liberty Mutual’s Watkins to Head Casualty Claims for North America
Jun 1 2017 // Chubb has named John Watkins as senior vice president, head of Casualty Claims for North America. Watkins will be responsible for managing approximately 325 casualty claims examiners and will oversee primary, excess, and...
Here’s What the House Has in Mind for Revamping Flood Insurance Program
May 26 2017 // A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. The proposal would introduce...
Target to Pay $18.5 Million to Settle States’ Claims from 2013 Data Breach
May 24 2017 // Target Corp. on Tuesday agreed to pay $18.5 million to settle claims by 47 states and the District of Columbia and resolve a multi-state investigation into the retailer’s massive data breach in late 2013. The...
Islamic State Claims Responsibility for UK Terror Attack – Worst Since 2005
May 23 2017 // Prime Minister Theresa May vowed to combat the “ideology” behind Britain’s worst terrorist attack in 12 years after a suicide bombing killed 22 people at a pop concert. Islamic State claimed...
RSG Underwriting Managers Forms Marine Consultancy, Claims Firm
May 22 2017 // RSG Underwriting Managers (RSGUM) has formed Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing marine practice. Smooth Waters, LLC, serves as a...
Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses
May 19 2017 // Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup losses caused by ransomware viruses such as “WannaCry,”...
