Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
2022 Means More Claims Data From Florida Insurers, Notification on Surplus Lines
Jan 3 2022 // New Florida laws and regulations that govern insurance matters took effect Sunday. Some are minor changes to existing laws, but others could affect insurers and agents for years to come. Here’s a look at some of the...
Federal Appeals Court Revives Libor-Rigging Claims Against Big Banks
Jan 3 2022 // A U.S. appeals court on Thursday revived litigation accusing a slew of large banks of conspiring to rig the Libor interest rate benchmark, including during the 2008 financial crisis, to boost profits at investors’...
Tornadoes Have Pushed Insurers’ Weather Claims Above $105B for 2021
Dec 21 2021 // Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for weather-related claims well above the predicted $105 billion, industry experts said, and...
Medical Boards Under Pressure to Discipline Doctors Pushing False Covid-19 Claims
Dec 21 2021 // They have decried COVID-19 as a hoax, promoted unproven treatments and pushed bogus claims about the vaccine, including that the shots magnetize the human body. The purveyors of this misinformation are not shadowy figures...
Are Too Many Comp Claims Being Opposed? Some Major Employers Think So
Dec 20 2021 // Employers may be warming up to the idea that fighting some workers’ compensation claims and medical treatments can be counterproductive, and new emphasis should be placed on keeping injured workers happy — and...
Judge Tosses $4.5B Deal Shielding Sacklers From Purdue Opioid Claims
Dec 17 2021 // A federal judge has thrown out a $4.5 billion settlement that would have shielded the Sackler family, which owned OxyContin maker Purdue Pharma, from future lawsuits over opioids, upending the company’s plan to...
Tornadoes Destroyed Kentucky Insurance Agency, Damaged Others as Claims Pour In
Dec 16 2021 // A number of insurance agencies in southwestern Kentucky sustained damage at their own offices during the massive tornado rampage last weekend, including one insurance firm that lost its entire building in hard-hit...
Regulators to Investigate Claims Against Central Maine Power Parent in Suit
Dec 15 2021 // Maine utility regulators will investigate allegations raised in a lawsuit against the parent company of Central Maine Power. The investigation by the Maine Public Utilities Commission will focus on whether Avangrid’s...
Extreme Weather in 2021 Brings Above-Average Claims to Global Insurers: Swiss Re
Dec 14 2021 // Extreme weather events in 2021, including a deep winter freeze, floods, severe thunderstorms, heatwaves and a major hurricane, resulted in estimated annual insured losses from natural catastrophes of US$105 billion, the...
Are Too Many Comp Claims Being Opposed? Some Major Employers Think So
Dec 14 2021 // Employers may be warming up to the idea that fighting some workers’ compensation claims and medical treatments can be counterproductive, and new emphasis should be placed on keeping injured workers happy – and out...
Chubb Agrees to Pay $800M Toward Boy Scouts Sex Abuse Claims Deal
Dec 13 2021 // One of the Boy Scouts of America’s primary insurers, Chubb Ltd. unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle around 82,500...
AAA: Rear-End Collisions / Fender Benders Top Texas 2021 Auto Insurance Claims
Dec 10 2021 // An American Automobile Association report revealing the top auto insurance claims among Texas members in 2021 shows that rear-end collisions and fender benders accounted for 18% of all claims this year. A rear-end...
People Moves: WTW Promotes Rourke to UK Head of P/C Pricing, Product, Claims and Underwriting; Tysers Hires Lockton’s Appleford, Lonmar’s Jenkins
Dec 9 2021 // This edition of International People Moves details appointments at brokers Willis Towers Watson and Tysers. A summary of these new hires follows here. WTW Promotes Rourke to UK Head of P/C Pricing, Product, Claims and...
Despite COVID, Comp Claims and Severity Declined in 2020, NCCI Says
Dec 1 2021 // The disease known as COVID-19 may have caused wrenching changes around the world, but its effects on workers’ compensation claims were relatively minor in 2020, the National Council on Compensation Insurance said in...
When Is Employer Immune from Tort Claims? Florida High Court Could Review
Nov 29 2021 // One of the largest utility companies in Florida may, after all, be shielded from tort claims by the grand bargain of workers’ compensation law, even though it had contracted maintenance work to another firm, a...
People Moves: Lemonade Names Burgess Chief Claims Officer; Newfront in California Adds Naranjo
Nov 29 2021 // Lemonade named Sean Burgess chief claims officer. Burgess will oversee the company’s key claims functions across the U.S. and EU. Burgess will be filling the role of Jim Hageman, Lemonade’s first hire in this...
People Moves: New Chief Claims Officers at Lemonade, IAT Insurance Group
Nov 24 2021 // Lemonade Appoints Burgess as Chief Claims Officer Lemonade, the insurance company powered by artificial intelligence, appointed Sean Burgess as chief claims officer. As part of this move, Burgess will be filling the role...
Claims Services Provider McLarens Forms Strategic Alliance With Polish Firm Saltex
Nov 24 2021 // McLarens, the Atlanta-based insurance services provider, has entered into a strategic alliance with Saltex, a Polish claims management and loss adjusting firm with offices in Warsaw and Wroclaw. Operating as...
Warrants Issued for Woman After False Claims Filed in Georgia
Nov 23 2021 // Georgia authorities are searching for a Virginia woman wanted for insurance fraud after she allegedly filed false claims on personal property. Georgia Insurance Commissioner John King said in a bulletin that warrants had...
Insureds May be Cooling to Digital Claims Experience
Nov 22 2021 // Policyholders are starting to pull back from digital channels as the COVID-19 pandemic eases and revert to in-person ways to file insurance claims, a senior executive at Zurich Insurance Group told the Reuters Connected...
