Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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,”...
UK Insurer Ageas Uses Artificial Intelligence to Manage Motor Claims
May 19 2017 // UK insurer Ageas has begun to use artificial intelligence (AI) technology to help manage its motor claims in partnership with AI specialist Tractable. In what it describes as “a first” for the UK market, Ageas...
Toyota, BMW, Mazda, Subaru Settle Takata Airbag Economic Loss Claims
May 19 2017 // Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag inflators, court documents...
Zurich Insurance Deploys Robots for Personal Injury Claims Handling
May 18 2017 // Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. “We recently introduced AI claims...
Texas ‘Hailstorm’ Litigation Bill Headed to Governor’s Desk
May 17 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 has passed the state...
Alternative Service Concepts Promotes Patterson to Claims Manager in Nashville
May 17 2017 // Alternative Service Concepts (ASC), a national third party claims administrator (TPA), has promoted Tracy Patterson to claims manager. Patterson will be responsible for managing a staff of ten dedicated to serving a large...
Walmart Denies Discrimination Claims by Pregnant Workers
May 16 2017 // Two former Wal-Mart Stores Inc. employees have filed a lawsuit accusing the retailer of treating thousands of pregnant workers as “second-class citizens” by rejecting their requests to limit heavy lifting,...
Chicago’s Promont Advisors, ProPoint Claims Join Doxa Insurance Holdings
May 15 2017 // Doxa Insurance Holdings LLC, an Indiana-based private equity fund focused on purchasing managing general agents nationwide, has acquired Chicago-based Promont Advisors and ProPoint Claims Services. Promont and Propoint...
Top 10 Technical Fouls to Avoid When Filing Environmental Claims
May 15 2017 // Benzinger is chief broking officer and managing director at Aon Risk Solutions Environmental Practice. Claims are where the rubber meets the road for an insurance policy. For some lines of coverage, like workers’...
