Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
New York City Lawsuit Claims Exxon, BP, Shell Mislead Over ‘Cleaner’ Fuels
Apr 23 2021 // New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as “cleaner” and advertising...
Massachusetts Eye and Ear to Pay $2.6M to Resolve False Claims Act Allegations
Apr 22 2021 // Massachusetts Eye and Ear Infirmary, Massachusetts Eye and Ear Associates Inc. and the Foundation of the Massachusetts Eye and Ear Infirmary Inc., collectively referred to as Massachusetts Eye and Ear, have agreed to pay...
With Claims Rising, Cyber Insurers Need More Than Sizable Rate Increases: Fitch
Apr 20 2021 // Cyber insurance underwriters are reporting substantially higher claims losses in 2020 than in prior years and as a result face increasing profit pressure. insurers will have to achieve both significant premium rate...
Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm
Apr 19 2021 // As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February. That number reflects preliminary results from a data call...
Report: 44K-Plus Workers’ Comp COVID-19 Claims Filed in Texas by Mid-February
Apr 19 2021 // An updated report on workers’ compensation claims in Texas related to COVID-19 shows that insurance carriers had reported more than 44,000 COVID-19 claims and 200 fatalities to the state’s workers’...
Farmers Insurance to Pay $25M in Settlement Over Oklahoma Earthquake Claims
Apr 19 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
The Hartford Offers $650M to Settle Boy Scouts Abuse Claims
Apr 16 2021 // The Hartford disclosed it has agreed to pay $650 million to settle sexual abuse claims against the Boy Scouts of America associated with policies mostly issued in the 1970s. According to the insurer, the agreement is with...
Understanding Florida’s Sweeping New Immunity Law for COVID-19 Claims
Apr 15 2021 // Florida became one of the first states in the country last month to pass and sign into law a statute directed toward providing immunity to businesses for COVID-19 related lawsuits. To be clear, the law does not prevent all...
California Fire Victim Trust Has Received 250K Claims So Far
Apr 14 2021 // The Fire Victim Trust, established to pay California wildfire victims on July 1, 2020, has received 40,000 claims questionnaires representing more than 70,000 claimants and roughly 250,000 individual claims, according to...
Juul Labs Fails to Knock Out Racketeering Claims in Lawsuits About Marketing Conduct
Apr 14 2021 // Juul Labs Inc. failed to knock out racketeering claims in lawsuits accusing it of deliberately targeting teenagers, as individual founders and directors of the e-cigarette maker became the new focus of the litigation. Most...
Church Official Warns of Financial Flood from Clergy Sex Abuse Claims
Apr 12 2021 // A top official with the Archdiocese of Santa Fe says a financial flood from clergy sex abuse claims is coming and a settlement would serve as the dam to prevent devastation to parishes across northern New Mexico. A letter...
Is It Covered?: A Flood of Uncovered Claims
Apr 6 2021 // On a recent insurance social media page, an agent was looking for a market for a $2 million home that had experienced a $540,000 plumbing leak claim and the carrier had nonrenewed. A few weeks earlier, another agent had...
Oklahoma, Farmers Insurance Reach $25M Settlement Over Earthquake Claims
Apr 5 2021 // Oklahoma has reached a $25 million settlement with Farmers Insurance over the company’s handling of earthquake claims, state officials say. Oklahoma Attorney General Mike Hunter and Insurance Commissioner Glen...
Gallagher Bassett Services Acquires Terrier Claims Services, MT Investigations
Apr 5 2021 // Arthur J. Gallagher & Co.’s risk management services subsidiary, Gallagher Bassett Services Inc. (GB), has acquired Pleasantville, New York-based Terrier Claims Services Inc. (TCS) and its affiliate, MT...
Report: Texas Work Comp Insurers See More than 44K COVID-19 Claims by Mid-February
Apr 1 2021 // An updated report on workers’ compensation claims in Texas related to COVID-19 shows that as of Feb, 14, 2021, insurance carriers reported more than 44,000 COVID-19 claims and 200 fatalities to the state’s...
Suez Blockage Claims Expected to Hike Marine Reinsurance Rates, Says Willis Re
Apr 1 2021 // The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters. Formal...
What The Telecommuting Trend Could Mean for Florida Workers’ Comp Claims
Apr 1 2021 // As companies continue to adapt to COVID-19, it is evident that one of the long-lasting effects of the novel coronavirus will be the increased number of permanent work from home accommodations. According to a recent Gallup...
Judge Lets Massachusetts Claims Over Uber, Lyft Driver Classification Proceed
Mar 26 2021 // A Massachusetts judge on Thursday denied a bid to dismiss a lawsuit by the state’s attorney general challenging Uber’s and Lyft’s classification of drivers as independent contractors instead of employees...
Insurers of Container Ship Aground in Suez Canal Face Millions in Claims
Mar 25 2021 // LONDON – The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face claims totalling millions of dollars even if the ship is refloated quickly, industry sources said on...
Boston Scientific Settles States’ Surgical Mesh Device Marketing Claims for $189M
Mar 24 2021 // Boston Scientific Corp. agreed to pay $188.7 million to settle claims by most U.S. states that it deceptively marketed its surgical mesh devices to consumers. The settlement with 47 states and Washington, D.C. was...
