Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
South Africa’s State-Owned Insurer Won’t Pay Claims for Grid Collapse
May 8 2023 // South Africa Special Risk Insurance Association told clients it won’t pay claims for damage related to a collapse of the national electricity grid, Business Day reported, citing a circular from the company. The...
A Look Back at Boston Marathon Insurance Claims
May 8 2023 // On April 15, 2013, two brothers placed pressure cooker bombs near the finish line of the Boston Marathon. The devices quickly detonated, killing three people, injuring more than 260 others, and causing property damage in...
People Moves: ARM Names Bulin Head of Investment Consulting; Egglestone Now Resilience Global Head of Claims; Meister Promoted at Distinguished
May 5 2023 // Egglestone Global Head of Claims at Resilience Resilience today promoted Tom Egglestone to global head of claims. Joining Resilience in July 2022 as international claims leader, UK and Europe, he will now be supporting...
NFL Investigated by Two States Over Sex Bias, Harassment Claims
May 5 2023 // State attorney generals in New York and California on Thursday launched a joint investigation into allegations that female employees of the National Football League (NFL) have been subjected to sex discrimination and...
Meta Faces Stiff Privacy Review as FTC Claims New Violations
May 4 2023 // Meta Platforms Inc. was accused by the Federal Trade Commission of repeatedly violating privacy promises it made to US regulators and now faces a possible government ban on launching new social-media products without an...
Summit Makes Grimm Senior VP of Claims
May 4 2023 // Summit Consulting, a manager of five workers’ compensation insurance companies in the Southeast, has named Robert Darin Grimm senior vice president of claims. Grimm Grimm, who holds a doctorate from the University of...
Markets/Coverages: Swiss Re, Insurtech Benekiva Partner to Offer L&H Claims Solution
Apr 28 2023 // Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution. The solution combines Benekiva’s state-of-the-art claims administration...
Florida Insureds Can’t Force Interest on Late Claims Payments, Courts Say
Apr 28 2023 // Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on property insurers’ late claims payments. But the rulings have left some insureds and...
Verisk Acquires German Motor Claims Insurtech SV Krug
Apr 27 2023 // Verisk, a leading global data analytics and technology provider, has acquired Krug Sachverständigen GmbH, a Germany-based motor claims solutions provider. The acquisition expands Verisk’s claims and casualty...
People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk; BHSI Names Claims Execs in Germany; Aon’s Reins. Solutions Taps AXA XL’s Grigg for Cyber
Apr 26 2023 // This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance Solutions A summary of these new hires follows here. Hiscox...
Sixth Circuit: No Coverage for Retaliation Claims Tied to Undisclosed Investigation
Apr 25 2023 // A federal appellate court on Friday reversed a $2.3 million award to a nursing home owner that sued its insurer, finding coverage for a whistleblower retaliation lawsuit was clearly excluded because the policyholder did...
New York Woman Pleads Guilty to $27K in False Claims for Aquatic Treatments
Apr 25 2023 // Eunice Ting, of Watervliet, New York, pled guilty last Thursday to making a false statement to obtain benefits from the Department of Labor’s workers’ compensation program. According to prosecutors, Ting...
Connecticut High Court Affirms Ruling Denying State Troopers’ PTSD Claims
Apr 25 2023 // Two state troopers who were struck by a car on an interstate exit ramp cannot collect damages for post traumatic stress disorder, but one of them can recover more money because his trial court award was improperly reduced...
Altria Faces First Trial Over Claims it Helped Market Juul to Teens
Apr 24 2023 // Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by San Francisco’s public school district accusing the company of fueling a teen vaping epidemic, along with e-cigarette maker Juul Labs...
Viewpoint: D&O Market Conundrum — Softening Rates With Rising Claims Severity
Apr 19 2023 // Executive Summary: An uncertain economic landscape leading to a rise in claims, decreasing rates, and proposed US Securities and Exchange Commission regulations on environmental, social and governance disclosures (ESG) are...
Florida Insurers Facing a New 1% Assessment on Premiums for Insolvent Insurer Claims
Apr 18 2023 // Florida property insurers are preparing for another assessment on premiums to help the Florida Insurance Guaranty Association fund outstanding claims from an insolvent insurer. The 1% emergency assessment on all premium...
A Look Back at Boston Marathon Bombing Insurance Claims
Apr 18 2023 // Ten years ago, on April 15, 2013, two brothers placed pressure cooker bombs near the finish line of the Boston Marathon. The devices detonated within seconds of each other, killing three people, injuring more than 260...
People Moves: Verisk Promotes Barr, Brunko to Lead Claims Businesses; SRS Appoints Sulisz President
Apr 17 2023 // Verisk Promotes Barr and Brunko to Lead Claims Businesses Verisk has made leadership promotions in its claims solution group. Carrie Barr has been named president of casualty solutions. Barr joined Jersey City, New...
Judge Clears Class-Action Suit Alleging Geico Underpaid Auto Claims
Apr 17 2023 // Geico General Insurance Co. must face a class action suit alleging it has been underpaying benefits to its insureds injured in automobile accidents. U.S. District Court Judge Dora L. Irizarry in federal court in Eastern...
High Inflation Hiked P/C Claims Costs Up to 7.5% in 2022
Apr 17 2023 // High inflation alone led to an increase in property/casualty claims of 5%-7.5%, across five key markets in 2022, according to Swiss Re research. “In 2023, we expect that inflation should lead to an additional...
