Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
AI-Powered Claims Specialist omni:us Closes €12M Financing Round
Nov 15 2022 // omni:us, the Berlin-based provider of artificial intelligence-powered insurance claims automation, has closed its €12 million ($12.4 million) Series A+ expansion financing round with W&W subsidiary Württembergische...
AI Algorithms, Strict Place-of-Work Rules Potential Trouble Spots for Employment Claims
Nov 15 2022 // SAN DIEGO — Technological innovations and changing work arrangements brought on by the COVID-19 pandemic are among some of the emerging issues that can make employers vulnerable to discrimination lawsuits, a top...
Aircraft Lessor BOC Aviation Sues 16 Insurers Over Claims for Jets Stuck in Russia
Nov 14 2022 // BOC Aviation Ltd. has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that are stuck in Russia, an Irish High Court filing shows. The insurers named in the proceedings, which the...
Insurers Say ‘Bazooka’ of Bogus Boy Scouts Claims is Abuse of Bankruptcy System
Nov 10 2022 // A group of insurers – including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers – are challenging an approval of the Boy Scouts of America’s $2.46 billion bankruptcy...
Chubb Agrees to Defend Basketball Hall of Fame Against Unlawful Funding Claims
Nov 10 2022 // The Basketball Hall of Fame has succeeded in getting Chubb subsidiary Federal Insurance Co. to defend it in a case accusing the museum of unlawfully securing funds for renovations to its facility. Documents filed in the...
New SEC Disclosure Rules May Drive Up D&O Claims
Nov 10 2022 // SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies,...
California Workers’ Comp Bureau Study Shows Higher L.A. Claims Frequency
Nov 10 2022 // The Workers’ Compensation Insurance Rating Bureau of California released its 2022 WCIRB Geo Study, which underscores regional differences in claim characteristics across California. Key findings include: Even after...
Hurricane Ida Paid Claims in Louisiana Grows to $13.9B
Nov 8 2022 // Insurers have paid or reserved to pay $13.9 billion on all types of Hurricane Ida-related claims in Louisiana through September 30, Insurance Commissioner Jim Donelon announced today. This data is the final measure of...
CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources
Nov 2 2022 // CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains of mishandling opioid...
NFIP: 43,000 Flood Claims and $273 Million Paid So Far After Hurricane Ian
Nov 2 2022 // The Federal Emergency Management Agency is reminding flood insurance policyholders hit by Hurricane Ian that they have an extra three months to renew their expiring policies. The agency said last week that Florida property...
Tesla Faces U.S. Criminal Probe Over Self-Driving Claims
Oct 27 2022 // Tesla Inc. is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The U.S. Department of Justice...
Auto Policyholders’ Claims Satisfaction Wanes: J.D. Power
Oct 27 2022 // Well documented are the pains insurers are facing while trying to keep up with rising claims frequency and severity in auto lines. J.D. Power’s newest study on claims satisfaction reveals the frustration has trickled...
Scollick v. Narula False Claims Act Case Update
Oct 27 2022 // This post is part of a series sponsored by IAT Insurance Group. Disclaimer: This article should not be used as legal advice. All parties should consult legal counsel of their choice and seek expert advice on legal and...
New England Patriots Owner Alleges Insurer Fumbled Media Liability Claims
Oct 26 2022 // Kraft Sports and Entertainment, owner of the NFL’s New England Patriots, has sued Hiscox Insurance alleging the insurer has failed to respond under media liability insurance policies to multiple claims of copyright...
L’Oreal’s Hair Straighteners Caused Woman’s Uterine Cancer, Lawsuit Claims
Oct 25 2022 // L’Oreal SA has been sued by a Missouri woman who alleges she developed uterine cancer as a result of using the French cosmetic company’s hair-straightening products. The lawsuit, filed Friday in federal court...
Re/Insurers Grapple With How to Respond to Claims From Nord Stream Pipeline Blasts
Oct 25 2022 // With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1’s insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars...
Nebraska Court: Contractors with Assigned Benefits Can’t File Bad-Faith Claims
Oct 21 2022 // A restoration contractor that had been assigned benefits by a policyholder cannot pursue a bad faith claim against an insurer because it was not a party to the insurance contract, the Nebraska Supreme Court ruled Friday in...
Study Traces COVID-19 Impact on New York Workers’ Compensation Claims
Oct 21 2022 // During the height of the pandemic, New York workers’ compensation indemnity payments increased while medical payments decreased. That’s according to a new report from the Workers Compensation Research Institute...
Maine’s ‘Cabin Masters’ Settles Lead Safety Claims
Oct 20 2022 // The company featured on the cable TV show “Maine Cabin Masters” has settled claims that it violated lead safety and exposure rules on some of its renovations. The settlement reached by the U.S. Environmental...
People Moves: New QBE Marine Hires; Hirschorn Joins Lockton as U.S. Cyber Claims Lead
Oct 19 2022 // QBE Appoints New Marine VPs Sean Dollahon QBE International Markets is increasing its presence in the US marine insurance space and has appointed Sean Dollahon, vice president, US marine manager, and Katie McCord, vice...
