Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Swiss Re Expects Claims From Hurricane Ian to Bring Q3 Loss
Oct 18 2022 // Swiss Re forecast on Tuesday a third-quarter net loss of around $500 million after the reinsurance company absorbed preliminary claims from Hurricane Ian of approximately $1.3 billion. “While the 2022 target of 10%...
Federal Judge Dismisses Multiple Pennsylvania COVID-19 Claims
Oct 18 2022 // A Western Pennsylvania federal district judge has dismissed eight cases seeking payment for COVID-19 business interruption coverage from several insurers including Cincinnati Insurance, Travelers Insurance and Hartford....
Regulatory Roundup: Louisiana Offers Extension for Homeowners with Canceled Coverage, Illinois Asks for Honesty, Colorado Looks for Marshall Fire Claims Relief
Oct 17 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
Bayer to Challenge $275M Washington Jury Verdict Over PCB Injury Claims
Oct 14 2022 // Germany’s Bayer said on Friday it plans to legally challenge a jury verdict awarding $275 million to a group of people claiming they suffered from exposure to PCB, a chemical that Bayer’s Monsanto business...
Report: More than Half of California COVID-19 Workers’ Comp Claims in Healthcare
Oct 13 2022 // More than a half of all reported COVID-19 indemnity claims in California continue to arise from workers in the healthcare sector, according to a new report from the Workers’ Compensation Insurance Rating Bureau. The...
Ian Claims in Florida Topping 449,000 So Far, But Many More Expected
Oct 11 2022 // The number of claims filed from Hurricane Ian continues to rise, topping 449,000 as of Monday, and estimated insured losses stand at more than $4.2 billion, the Florida Office of Insurance Regulation reported. Some 322,268...
Alligators, Broken Infrastructure, Wreckage Greet Claims Adjusters in SW Florida
Oct 11 2022 // Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cell phone towers and even an occasional alligator. Sedgwick Executive Vice President...
Insurers’ Claims Investigation Work Product Protected After Alabama High Court Ruling
Oct 11 2022 // A company cannot be compelled to turn over its risk management work product that may include attorney-client information and claims investigators’ opinions, the Alabama Supreme Court decided. The case involved the...
Regulatory Roundup: Florida Warns of Crypto Scam, Louisiana Helps with $129 Million in Additional Claims, Connecticut Weighs in on Federal Subsidies
Oct 4 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
Global Claims Services Appoints Matthews as Chief Executive Officer
Oct 4 2022 // Global Claims Services, an insurance technology company, has appointed Brian Matthews as chief executive officer. Matthews will work out of the GCS headquarters in Jacksonville, Florida. Matthews has spent more than two...
Claims Adjuster Charged With Stealing $28K, IDs of Victims of Massachusetts Gas Explosion
Oct 4 2022 // A claims adjuster working for Columbia Gas has been indicted in connection with stealing more than $28,000 and the identities of four victims of a 2018 Merrimack Valley gas explosions, Massachusetts Attorney General Maura...
Cyber Claims Down But Still Remain Top Concern
Oct 3 2022 // Cyber threats were the top concern for business decision-makers for the third time in four years, according to a recent survey. But overall claims have trended down, at least for the cyber insurer and cybersecurity firm,...
Biogen Agrees to Pay $900M to Resolve Kickback Claims
Sep 27 2022 // A Biogen Inc. whistle-blower will collect almost $250 million for bringing to light a kickback scheme the company agreed to resolve by paying the US and state governments $900 million. The settlement resolves a lawsuit...
Connecticut Lab Faces $907K in OSHA Fines Over Claims of Workers’ Chemical Exposure
Sep 27 2022 // For several months, employees at a Manchester, Connecticut environmental laboratory complained to management about faulty ventilation systems and about symptoms related to exposure to ethylene chloride, a highly hazardous...
Louisiana Town Settles Dispute Over Fraudulent FEMA Claims
Sep 26 2022 // A Louisiana town is preparing to settle a 20-year dispute with the Federal Emergency Management Agency by making a repayment of $163,102. The Town Talk of Alexandria reports that the Town of Ball Council voted unanimously...
Adjuster Licensing and Your P&C Claims Processing Timelines
Sep 26 2022 // This post is part of a series sponsored by AgentSync. Hurricanes. Wildfires. Earthquakes. What do they have in common? If you’re in the insurance industry, the answer is that they’re all guaranteed to trigger...
Appeals Court Rejects NRA Free Speech Claims Against New York Insurance Regulator
Sep 23 2022 // A federal appeals court has denied the National Rifle Association’s First Amendment claims against a former New York insurance regulator who urged insurance companies to consider the risks of doing business with the...
People Moves: Maxwell Managing Director at Markel Specialty; Bouvier Hired as Compre Claims Director; Sensa Taps Brown as COO
Sep 22 2022 // Markel Promotes Maxwell to Managing Director, Commercial Excess Wholesale Markel Corporation has appointed Sarah Maxwell managing director, commercial excess wholesale, for the Markel Specialty division. Maxwell joined...
People Moves: Strategic Risk Solutions Taps Marsh’s Meindersma to Lead Canada Expansion; Markel Int’l Promotes 3 in Wholesale Claims Leadership Team
Sep 22 2022 // This edition of International People Moves details appointments at Strategic Risk Solutions and Markel International. A summary of these new hires follows here. Strategic Risk Solutions Taps Marsh’s Meindersma to...
People Moves: Venbrook in California Names Pippin Chief Claims Officer; Makes Numerous Leadership Moves
Sep 22 2022 // Venbrook Group LLC named Louis Pippin as chief claims officer of Venbrook Claims Services. Pippin has nearly 30 years of experience in the areas of multi-line property/casualty liability lines, case management, cost...
