Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Texas Seeks Data on Weather-Related Property Claims, Lawsuits
Mar 23 2016 // The Senate Business and Commerce and the House Insurance Committees of the Texas Legislature have requested data from the Texas Department of Insurance related to weather-related property claims, the incidence of lawsuits...
Update: With Property Claims Added, North Texas Hail Damage May Reach $600M
Mar 23 2016 // An insurer trade group says it estimates that damage caused by hailstorms that rolled through the Fort Worth area last week will reach $600 million in auto and property claims. Mark Hanna, a spokesman for the Insurance...
Worker Claims Retaliation over Asbestos Report at Wyoming’s Old Faithful Inn
Mar 23 2016 // A maintenance worker at Yellowstone National Park in Montana said a park concession company retaliated against him after he reported that he and five other employees were exposed to asbestos at a more than century-old...
Chubb Names Claims Management Team in Europe
Mar 22 2016 // Chubb announced a number of appointments within its claims management team in Europe, with immediate effect. All the following positions will report to Peter Murray, director of claims for Chubb in Europe and will be based...
South Carolina Paid $40M to Settle Road Claims Since 2010
Mar 22 2016 // A newspaper in South Carolina has reported the state has paid about $40 million since 2010 to settle road claims and lawsuits against the Transportation Department, with much of that money going to settle cases involving...
Oregon Woman’s $1M Suit Claims Massage Was Assault
Mar 21 2016 // An Oregon woman who claims a massage she received last month was sexual battery has filed a $1 million lawsuit in Multnomah County Circuit Court. KOIN-TV reports the complaint was filed last week. It says the woman...
Supreme Court Lets NFL Players’ Image Rights Claims Proceed
Mar 21 2016 // The U.S. Supreme Court on Monday rejected Electronic Arts Inc.’s bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the videogame maker of using their likenesses in the popular...
Commentary: Florida’s Failure to Pass AOB Reforms Will Impact State Insurance Market
Mar 21 2016 // Following the 2016 Florida Legislative Session’s failure to pass essential assignment of benefit (AOB) reforms, the insurance industry and Citizens Property Insurance Corp. are working in tandem with the Florida...
Why Companies Won’t be Opting Out of Opt-Out Anytime Soon
Mar 21 2016 // A recent ruling by the Oklahoma Workers’ Compensation Court undercutting so-called “opt-out” systems has set off a flurry of speculation about such systems, including whether this ruling signals the...
Claims for Broker Negligence Assignable
Mar 21 2016 // A California intermediate appellate court has reaffirmed that a professional negligence claim against a client’s property/casualty insurance broker is freely assignable. It also held that the assigned rights are...
Insurance Rates for Architects, Engineers Not Going Anywhere
Mar 18 2016 // After three straight years of moderate increases, insurance premiums for architects and engineers professional liability leveled off in 2015. A new survey by insurance broker Ames & Gough also found that insurers plan...
EnPro Agrees to $480 Million Settlement of Garlock Asbestos Claims
Mar 18 2016 // EnPro Industries Inc. said it has agreed to a $480 million settlement to resolve current and future personal injury claims related to its asbestos-lined gaskets used in pipes, valves and other industrial applications. The...
Florida’s Citizens Pushes Policy Changes to Address Rising Water Loss Claims
Mar 17 2016 // Citizens Property Insurance Corp.’s board of governors has approved a slate of recommendations aimed at reducing the impact of what it calls skyrocketing water-loss claims that could reverse progress made in...
Suit by Aon Founder Ryan Claims IT Startup Swindled Him Out of Millions
Mar 10 2016 // Aon Corp. founder Patrick G. Ryan claims he was cheated out of hundreds of millions of dollars when Mu Sigma Inc. downplayed its own growth prospects in a ruse to buy back his investment company’s early stake in the...
Texas Hail and Wind Claims: We’re No. 1!
Mar 9 2016 // Texans like to brag that “everything’s bigger in Texas,” but sometimes that’s not something to be proud of. According to data recently released by State Farm, Texas led the nation in hail and wind...
North Dakota Hospital Sued over Hepatitis C Outbreak
Mar 9 2016 // Victims of the largest hepatitis C outbreak in recent U.S. history dropped their claims against a Minot, N.D., nursing home, which joined them in suing a hospital, which they both say is really at fault. Twenty-one...
Fraud Report
Mar 7 2016 // Florida’s Citizens Launches Campaign to Combat Abuse Claims Citizens Property Insurance Corp. has launched a multi-faceted education campaign in an attempt to combat what it has called a disturbing increase of fraud...
Report: Frequency of Florida Water Loss Claims Up 46% in 5-Year Period
Mar 7 2016 // The frequency and severity of water loss claims in Florida have increased every year since 2010, according to data call results from the Florida Office of Insurance Regulation (OIR). During the same period, there has been...
Auto Insurer 2015 Underwriting Performance Loses Traction
Mar 7 2016 // Private passenger automobile insurance remains one of the most competitive segments in the U.S. property/casualty industry, with a number of large, well capitalized organizations battling for market share and searching for...
Why Buyers, Sellers File Claims Under M&A Insurance: AIG
Mar 7 2016 // Nearly 14 percent of mergers and acquisitions (M&A) insurance policies written globally by American International Group Inc. resulted in a claim, according to a study by the insurer, one of the largest writers of...
