Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Nationwide Says Extreme Weather Brings Bigger Claims, Need for Disaster Plans
Mar 2 2017 // More extreme weather has led to more extreme insurance claims in the U.S. over the past few years. In a review of more than 100,000 commercial catastrophe claims during a 10-year period, Mark A. Anderson, a claims...
Pennsylvania Court Approves Liquidation of Two Insurance Companies
Mar 2 2017 // The Commonwealth Court in Pennsylvania has approved petitions to liquidate Penn Treaty Network America Insurance Company and American Network Insurance Company, with policyholder claims set to be paid through the state...
Texas High Court Finds for Insurer in D&O Coverage Dispute
Mar 1 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...
UK Insurers’ Reserve Strengthening Likely After Personal Injury Discount Rate Change: A.M. Best
Mar 1 2017 // The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government’s announcement of a dramatic cut to the discount rate used to calculate lump-sum personal injury compensation,...
Paid Claims from Mississippi Tornado Damage Top $31M, And Growing
Feb 27 2017 // Parts of mobile homes and other property lay strewn throughout a neighborhood Sunday, Jan. 22, 2017, on Green loop Road in Lauderdale, Miss., after a tornado passed through the area late Saturday. (Paula Merritt/The...
Judge Won’t Toss Bias Claims Over Louisiana Salon Inspections
Feb 23 2017 // A federal judge on has refused to dismiss a lawsuit that accuses Louisiana state regulators of racially discriminating against a group of Vietnamese-American nail salon owners. U.S. District Judge Brian Jackson’s...
Reality Star Sues Alaska-Based Reality Show over Safety Claims
Feb 22 2017 // A star of the Alaska-based reality series “Life Below Zero” is suing the show’s producers, alleging she was hurt while forced to perform dangerous acts in support of false story lines. The lawsuit against...
How Technology Is Changing Workers’ Compensation
Feb 22 2017 // New technologies are improving workers’ compensation programs in everything from communications and training to health care delivery and claims, according to experts. Tom Ryan, market research leader for...
Florida AOB Abuse Update: ‘Alarming Trend’ Reaches Crisis Point
Feb 20 2017 // Assignment of benefits abuse has escalated over the last five years to the point where it is now a serious disruption to Florida’s insurance market. The abuse, which is especially rampant in South Florida, stems from...
Texas Governor Deems Hailstorm Litigation ‘Lawsuit Abuse’
Feb 20 2017 // In his state of the state address, Texas Gov. Greg Abbott gave a boost to the insurance industry’s effort to get legislation passed that would place limits on post-hailstorm litigation. Calling lawsuits against...
The Future of Fraud Fighting: IoT and Telematics
Feb 20 2017 // Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk...
Top 10 Discrimination Claims in 2016
Feb 20 2017 // The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of employment discrimination in fiscal year 2016 and secured more than $482 million for victims of discrimination in private, federal...
Patient Complaints Can Identify Surgeons Who Are Higher Claims Risks
Feb 17 2017 // Recording and analyzing patient and family reports about rude and disrespectful behavior can identify surgeons with higher rates of surgical site infections and other avoidable adverse outcomes, according to a study led by...
Report: California’s Central Coast Accounting for More of State’s Comp Claims
Feb 15 2017 // California’s Central Coast has been accounting for more of the state’s workers’ compensation claims recently, a new report issued today shows. The California Workers’ Compensation Institute has...
Philadelphia Insurance Companies in Pennsylvania Promotes 5 Employees
Feb 15 2017 // Philadelphia Insurance Companies (PHLY), a commercial property/casualty and professional liability insurance company for niche markets based in Bala Cynwyd, Penn., has promoted five employees to vice president. Yvonne...
Heat Is on Florida Lawmakers to Fix Assignment of Benefits Crisis
Feb 15 2017 // Florida’s insurance industry will apply significant pressure on lawmakers to pass assignments of benefit (AOB) reform in the upcoming legislative session as consumers face rate increases and a looming coverage...
R Street Applauds Texas Bill to Rein in Hail Claims
Feb 13 2017 // The R Street Institute applauded the introduction today of S.B. 10, legislation to rein in the growth in Texas hail-related litigation. The bill, sponsored by state Sen. Kelly Hancock, R-North Richland Hills, would provide...
Why Predictive Modeling Is Gaining as Fraud Fighting Tool
Feb 13 2017 // Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according to Dan Donovan, assistant vice president of Claims Solutions at Verisk...
Florida’s AOB Abuse by the Numbers: ‘Alarming Trend’ Reaches Crisis Point
Feb 9 2017 // Assignment of benefits abuse has escalated over the last five years to the point where it is now a serious disruption to Florida’s insurance market. The abuse, which is especially rampant in South Florida, stems from...
North Carolina Coal Ash Pit Neighbors Told to Waive Claims to be Compensated
Feb 8 2017 // Neighbors living near Duke Energy Corp’s coal ash pits in North Carolina are being told they have to give up the option of suing over any future water problems if they want extra compensation from the utility. The...
