Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Crawford Completes Acquisition of Web-Based Inspection Firm WeGoLook
Jan 6 2017 // Global independent claims management firm Crawford & Co. said it has completed the acquisition of a majority interest in WeGoLook, an online and mobile inspection firm that calls itself the “Uber of...
U.S. Claims Home-Networking Firm D-Link Poses Hacking Risk
Jan 6 2017 // A U.S. consumer protection watchdog sued a Taiwan-based maker of home-networking equipment over claims that lax security left its products vulnerable to hackers. The Federal Trade Commission alleged that D-Link Corp. and a...
Report on California Workers’ Comp Shows Sharp Increase in ALAE Costs
Jan 5 2017 // Allocated loss adjustment expense costs have increased sharply over the last several years despite implementation of many of the components of a workers’ compensation reform law intended to reduce total loss...
Global Natural Catastrophes Cost Insurers $50B in 2016: Munich Re
Jan 4 2017 // Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015’s payout of $27 billion, reinsurer Munich Re said in its annual natural catastrophe review on Wednesday. Earthquakes in...
Wells Fargo Settles Brokers’ Claims of Racial Bias
Jan 3 2017 // Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues. The bank will pay $35 million to more than 500 financial...
How Agents Feel About Their Compensation from Carriers… and Other Matters
Dec 30 2016 // On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the...
Unlicensed Miami Public Adjuster Arrested for $100K Water Claims Scam
Dec 29 2016 // A Miami man was arrested on multiple felony fraud and grand theft charges following an investigation by the Florida Department of Financial Services’ Division of Investigative and Forensic Services (DIFS). Julian...
CEA Reports No Claims So Far from Nevada Quake
Dec 28 2016 // A swarm of earthquakes in Nevada produced shaking in wide parts of Northern and Central California early this morning, including in Sacramento and Fresno. The first shock, a magnitude 5.7, occurred shortly after midnight...
Ex-Players Drop Case to Force NFL to Pay Workers’ Compensation for Concussions
Dec 28 2016 // The federal court case brought by 38 former National Football League players seeking to force the NFL to recognize chronic traumatic encephalopathy (CTE) as a covered disease under workers’ compensation has been...
Chubb Names Lambourne as Head of Multinational Claims, Overseas General Insurance
Dec 28 2016 // Chubb announced that Graham Lambourne, currently Global Clients Claims manager, Europe, has been promoted to the role of head of Multinational Claims for Overseas General Insurance. Lambourne will be responsible for...
Brentwood Services Administrators Adds Vinson in North Carolina
Dec 28 2016 // Brentwood Services Administrators Inc. has selected Theresa Vinson as a new senior claim representative in the Raleigh, N.C., office, according to Jeff Pettus, president and CEO of BSA. In her position as senior claim...
Google Confidentiality Agreement Is Unlawful, Claims Employee in Lawsuit
Dec 22 2016 // A Google Inc. product manager has sued the company, accusing it of unlawfully prohibiting employees from sharing concerns with coworkers, shareholders or the press, and maintaining a “spying program” to prevent...
VW Claims Costs in U.S. for Emissions Scam Top $17 Billion with More to Come
Dec 21 2016 // Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker on Tuesday took new steps to put its emissions cheating...
Hamilton Underwriting Appoints Novae’s Holland as Claims Director
Dec 21 2016 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function. A...
Study: Cumulative Trauma Claims in California Comp Affected by Attorneys
Dec 19 2016 // A new study on California’s workers’ compensation system finds a “strong association” between attorney involvement and the high cost of cumulative trauma claims. The California Workers’...
Anthem-Cigna Merger Trial Pits Efficiency Claims vs. Loss of Competition Claims
Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...
Battle Over Property Claims and Litigation in Texas Set to Continue in 2017
Dec 19 2016 // If a Dec. 1, 2016, hearing is any indication, Texas lawmakers will be encouraged in the coming legislative session to take up what the property/casualty insurance industry says is a problematic trend following severe...
Brentwood Services Administrators Promotes Saldana in Tennessee
Dec 19 2016 // Brentwood Services Administrators Inc. (BSA), headquartered in Brentwood, Tenn., has promoted Nick Saldana to the position of claim representative II in its Tennessee Claims Department, according to Jeff Pettus, president...
Florida Ruling Against Insurer in Concurrent Loss Case ‘Not a Surprise’
Dec 19 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy. Though the...
NFIP Payouts to Matthew Victims Top $162M
Dec 19 2016 // The National Flood Insurance Program has paid out more than $162 million to victims in the five-state area hit by Hurricane Matthew–Florida, Georgia, North Carolina, South Carolina and Virginia, the Federal Emergency...
