Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Long COVID Claims Still Impact California’s Workers Comp System, Report Shows
Oct 21 2024 // The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on...
Equipment Breakdown Tops Small Restaurant Claims List
Oct 21 2024 // With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small...
Navigating Social Inflation in a World of Complex Claims
Oct 21 2024 // As social inflation continues to exert pressure on the insurance industry, this is not only a financial issue, but one with far-reaching impacts on insurers, beneficiaries and society at large. Rising litigation costs,...
HCI Group Expects to Pay $600M to $750M in Claims from Recent Hurricanes
Oct 17 2024 // Publicly traded HCI Group, the Tampa-based holding company for Homeowners Choice Property & Casualty, TypTap and a new condominium insurance reciprocal, is one of the first Florida insurers to report estimated losses...
Jury Says J&J Must Pay $15 Million to Man Who Claims Talc Caused His Cancer
Oct 16 2024 // Johnson & Johnson must pay $15 million to a Connecticut man who alleges that he developed mesothelioma, a rare form of cancer, as a result of using the company’s talc powder for decades, a jury found on...
Update: Milton’s 152,000 Claims So Far Mean New Pressure on Reinsurance, Rate Hikes
Oct 15 2024 // Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which...
Insurance Claims Confirm Many Israeli Structures Damaged in Iran Attack
Oct 15 2024 // Damage to private property from Iran’s recent missile barrage on Israel amounted to 150 million to 200 million shekels ($40 million to $53 million), according to figures provided by Israel’s tax authority,...
Agents Report Limited Damage But More Claims Expected As Floridians Return Home
Oct 11 2024 // Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood...
With Back-to-Back Storms, Florida Now Facing Delays in Claims Adjusting
Oct 10 2024 // With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims...
Long COVID Claims Still Impact California’s Workers Comp System, Report Shows
Oct 7 2024 // The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on...
Report: Over 250,000 US Properties Have Repeated NFIP Claims
Oct 7 2024 // More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the...
Using AI to Provide a More Human Claims Experience
Oct 7 2024 // The robots are coming — and in some cases, they’re here. Advancements in generative artificial intelligence are enhancing claims processes in many ways, from improving First Notices of Loss (FNOLs) to analyzing...
Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed
Oct 2 2024 // The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its motion to dismiss...
Vermont Diocese Files for Bankruptcy With No Insurance Left for Past Abuse Claims
Oct 2 2024 // The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on...
Helene Claims in Florida Already More Than 65,700 – Far More Than Idalia
Oct 2 2024 // The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The...
People Moves: Markel Appoints 2 Senior Underwriters, 1 Claims Manager for International Casualty Team; BHSI Announces 2 Promotions in Global, UK Casualty Teams
Oct 2 2024 // This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Markel Appoints 2 Senior Underwriters, 1 Claims...
Arkansas Sues YouTube Over Claims That Site is Fueling Youth Mental Health Crisis
Oct 2 2024 // LITTLE ROCK, Ark. (AP) — Arkansas sued YouTube and parent company Alphabet on Monday, saying the video-sharing platform is made deliberately addictive and fueling a mental health crisis among youth in the state. Attorney...
Viewpoint: Elevating Claims Management by Taking Collaborative Approach With Clients
Oct 2 2024 // Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to one centred around partnership and mutual benefit. In today’s market, claims is now at the...
Delaware’s Workers’ Compensation Claims Cost Grew 3% a Year: WCRI
Oct 1 2024 // The average cost of workers’ compensation claims in Delaware, for cases with more than seven days of lost work, went up by 3% per year between 2019 and 2022, according to a new study from the Workers Compensation...
Rockville Diocese Reaches Bankruptcy Agreement With $323M for Sex Abuse Claims
Sep 27 2024 // The Roman Catholic Diocese of Rockville Centre in New York reports that it has reached an agreement with survivors, insurers, parishes and other parties on a settlement of its bankruptcy case that includes a $323 million...
