Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
FEMA to Borrow $2 Billion to Pay Flood Claims After Hurricanes Helene and Milton
Mar 10 2025 // The Federal Emergency Management Agency said in February that it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it...
Resilience: Third-Party Risk Involved in 31% of Cyber Claims
Feb 28 2025 // More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research...
Edison Says Wildfire Fund May Shield Balance Sheet From LA Fire Claims
Feb 28 2025 // California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month,...
Florida’s Bad-Faith Claims Reform Law Not Retroactive, Appeals Court Says
Feb 28 2025 // A Florida appeals court has re-affirmed a major state Supreme Court decision, helping to answer lingering questions about whether the 2022 bad-faith litigation reform law can be applied retroactively. The answer is...
AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims
Feb 27 2025 // French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies, fewer claims and increased margins for its natural catastrophe...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires
Feb 26 2025 // Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on Wednesday, representing the biggest loss reported so far by a single European...
Claims Service, Tech, Communication Top Independent Agent Concerns
Feb 26 2025 // Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300...
California Wildfire Claims Ignite Industry-Wide Credibility Crisis
Feb 24 2025 // As someone who lost everything in a devastating fire–from cherished family photos to irreplaceable heirlooms–I understand firsthand the profound impact of both fire destruction and an insurer’s response....
In $17M Suit, Cannabis Grower Claims Nearby Farm’s Pesticides Contaminated Its Crops
Feb 19 2025 // A Massachusetts cannabis grower is suing a neighboring berry and vegetable farm for allegedly rendering its entire cannabis harvest unusable by incorrectly spraying chemicals in a way that caused them to drift onto its...
Update: FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton
Feb 13 2025 // The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out...
Bayer Broadens Effort to Shield Itself From Claims Weedkiller Caused Cancer
Feb 13 2025 // A renewed and expanded effort from chemical giant Bayer to shield itself from lawsuits that claim its popular weedkiller Roundup causes cancer brought dozens of protesters to the Iowa Capitol building Monday begging...
Trenton Diocese Sues Four Insurers Over Coverage for Child Victim Claims
Feb 13 2025 // The Catholic Diocese of Trenton, New Jersey has sued its liability insurers over their alleged “failure and refusal” to agree upon a cost-sharing formula to deal with hundreds of sexual abuse claims brought...
Management Liability Insights for 2025: The changing landscape of employment claims
Feb 12 2025 // This post is part of a series sponsored by IAT Insurance Group. The post-pandemic workplace has brought significant changes to the employment liability landscape. Disability discrimination and retaliation claims have...
People Moves: AIG’s Furth to Hiscox to Head US Claims; Hamlin to Lead TMHCC US Hospital Pro Liability; Amwins Names Healthcare Practice Leader
Feb 12 2025 // Alex Furth Hiscox, headquartered in Atlanta, appointed Alexandra Furth as head of claims in the U.S., effective March 10. Furth has over 20 years of claims and legal leadership experience, most recently serving as...
California Approves FAIR Plan Request to Assess Insurers $1B for Wildfire Claims
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires. The FAIR Plan reported it has...
Insurers Pay Record Claims for Weather-Related Damage in UK: ABI
Feb 11 2025 // Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in the United Kingdom, according to the latest data from the Association of British...
North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims
Feb 6 2025 // A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer that his car was hit by a deer, according to North Carolina Insurance Commissioner Mike...
USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties. The company, which...
Man Charged With Filing $50K in Fraudulent iPhone Insurance Claims
Feb 4 2025 // A Connecticut man has been arrested and charged with insurance fraud for allegedly running a scam involving filing fraudulent insurance claims for iPhones. Connecticut State Police said its investigation linked Esmaylin...
Claims Exec Who Defrauded Allied World Insurance Ordered to Prison, Pay $1.2M
Jan 30 2025 // James Keating of Paoli, Pennsylvania, has been sentenced to 20 months of imprisonment, followed by three years of supervised release, for defrauding his former employer of more than $1.4 million. Keating was an assistant...
