Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Broad Intellectual Property Coverage Presents Challenges in Private D&O
Apr 3 2017 // Physical property damage due to natural disasters, weather-related or man-made incidents can be relatively straightforward to assess, but understanding how a different form of property causes damage can be a little more...
Insurtech Startups Take Note: Traditional Insurers Score Highest Ever Satisfaction Grades
Apr 3 2017 // Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year, and these claimants are now giving insurers their highest ever satisfaction...
Florida Property Insurers Avoid Ratings Downgrades From Demotech, For Now
Apr 3 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning about the effects of assignment of benefits abuse and...
Allianz Insurance Launches Live Video Streaming Platform for Property Claims
Mar 31 2017 // Allianz Insurance, the U.K.-based subsidiary of Allianz SE, has launched a video streaming platform called Allianz Site View, which is designed to enhance its claims proposition by enabling customers to send images, video...
Volkswagen Reaches Another Diesel Claims Settlement with 10 States for $157 Million
Mar 30 2017 // Volkswagen AG said Thursday it has agreed to settle environmental claims from 10 U.S. states over its excess diesel emissions for $157.45 million as the world’s largest automaker looks to move past the scandal. The...
Bedbugs, Peacocks Among Animal Insurance Claims by Businesses
Mar 30 2017 // Bedbugs in hotel rooms and aggressive peacocks are some of the creatures behind an uptick in animal-related insurance claims filed by U.S. businesses, according to a study published on Thursday by insurer Allianz SE . U.S....
AIG Enhances Motor Fleet Claims Service, Harnessing Cloud-Based Technology
Mar 30 2017 // AIG UK announced it has entered into a partnership with VUEcloud Ltd., a UK software technology provider to the commercial motor industry, to provide an enhanced claims service to motor fleet customers by harnessing...
Citizens Seeks Florida Agents’ Help Fighting Water Claims Abuse
Mar 30 2017 // As the Florida property market fights what has so far been a losing battle against attorneys and unlicensed contractor firms over water loss claims and assignment of benefits (AOB), Citizens Property Insurance Corp.,...
Wells Fargo Settles Sham Account Claims for $110 Million
Mar 29 2017 // Wells Fargo & Co. said it agreed to pay $110 million to settle a lawsuit by customers challenging its opening of accounts without their permission, a practice that led to a scandal that cost the bank’s chief...
Fitbit vs. Jawbone Trade Secret Theft Trial in California Moving Forward
Mar 28 2017 // Fitbit Inc. is headed toward a trial over claims it stole rival Jawbone Inc.’s trade secrets, after failing to persuade a judge to throw the case out. A California state judge on Friday rejected Fitbit’s...
Supreme Court Won’t Hear Record Labels’ Copyright Violation Claims Against Vimeo
Mar 27 2017 // The U.S. Supreme Court on Monday refused to hear a bid by major record labels to revive copyright infringement claims against video-sharing website Vimeo LLC for hosting content that included songs by famed bands such as...
Mother And Son in California Sentenced for Auto Insurance Fraud Scheme
Mar 27 2017 // A California mother and son were sentenced for auto insurance fraud. Henrietta Silva, 71, and her son, Peter Silva, 42, were sentenced in the San Diego Superior Court after submitting multiple fraudulent auto insurance...
California Workers’ Comp Report Looks at Spinal Fusion Claims
Mar 22 2017 // A study on the use of spinal fusion surgeries in California workers’ compensation shows that in 60 percent of spinal fusion claims the initial report of injury was for a sprain or strain, a majority of the fusions...
BSA in Tennessee Promotes Wall To Medical Only-Claims Rep
Mar 22 2017 // Brentwood Services Administrators Inc. (BSA), headquartered in Brentwood, Tenn., promoted Courtney Wall in February 2017 to the position of medical only-claims representative in the Brentwood office, according to Jeff...
Texas Senate Committee Hears Testimony on Tweaked ‘Hail Litigation’ Bill
Mar 20 2017 // The Texas Senate Business and Commerce Committee on March 9 heard testimony on a revised bill that aims to limit the number of policyholder lawsuits filed against property insurance companies following severe weather...
Texas High Court Finds for Insurer in D&O Coverage Dispute
Mar 20 2017 // The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy. The...
Florida Property Insurers Largely Avoid Downgrades, For Now: Demotech
Mar 17 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning of last month about the effects of assignment of...
How to Help Hospitality Firms with Business Interruption Claims
Mar 15 2017 // Achieving fair recovery for business interruption losses is often one of the most challenging aspects of resolving commercial property insurance claims. This is especially true for hoteliers and others types of hospitality...
Author of Texas ‘Hailstorm’ Bill Says ‘Significant Changes’ Made
Mar 15 2017 // The Texas Senate Business and Commerce Committee on March 9 heard testimony on a revised bill that aims to limit the number of policyholder lawsuits filed against property insurance companies following severe weather...
Take This Lemonade and Startups: Insurers Garner Record High Satisfaction Grades
Mar 14 2017 // Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year and these claimants are now giving insurers their highest ever satisfaction...
