Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Insurers Face Big Claims from Victims’ Families After Boeing 737 MAX Crash: Sources
Mar 12 2019 // Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation...
Demotech: Expect 2018 Catastrophe Losses to Impact Florida-Based Insurers
Mar 12 2019 // After reviewing the year-end financial statements of the Florida-based carriers it rates, Ohio-based ratings agency Demotech is warning that many insurers could see underwriting and operating losses in their year-end...
Technology Helping Adjusters More Quickly Identify Legitimate Claims
Mar 8 2019 // The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Corey...
Beyond Nassar: Michigan State University Assessing Insurance Options
Mar 8 2019 // Michigan State University continues to explore its insurance coverage options with regard to sexual assault or molestation claims brought against the school after rejecting renewal coverage offered by its long-term...
Alternative Service Concepts Promotes Barnes to Claims Manager in Houston
Mar 6 2019 // Alternative Service Concepts (ASC), a national workers’ compensation and liability third-party claims administrator (TPA), has promoted Jolie Barnes to claims manager. She is based in Houston. Barnes brings more than...
Mass. High Court Rules Statute of Repose Applies to Asbestos-Related Claims
Mar 6 2019 // The Massachusetts Supreme Judicial Court has ruled that a statute of repose barring many construction-related personal injury claims after a time limit of six years also applies to claims involving diseases with extended...
Fix Assignments of Benefits Now
Mar 6 2019 // I recently received an email from a Florida “snow bird”. If you’re not familiar with the term, it refers to people who make their home in two places. In the warm months, they make their homes in northern...
Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection
Mar 6 2019 // Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims...
Aon Partners with Claim Central; Opens New Claims Center in Florida
Mar 4 2019 // Aon plc has established a strategic alliance with global insurtech firm Claim Central to digitize and streamline claim management capabilities and improve the customer experience through technology and services developed...
BlackBerry Files Patent Infringement Claims Against Twitter
Feb 28 2019 // BlackBerry Ltd. on Wednesday filed a patent infringement lawsuit accusing Twitter Inc. of illegally using technology in its mobile messaging applications that had been developed by the former smartphone maker. The lawsuit...
TDI: Former Texas Insurance Agent Who Faked Cancer Claims Sentenced
Feb 27 2019 // A Plano, Texas, woman pleaded guilty to insurance fraud for faking cancer claims to get more than $300,000 in insurance payments over two years, the Texas Department of Insurance announced. Karissa White Coleman, a former...
Could J&J Be Helped by Missouri Ruling Against Talcum Lawsuits?
Feb 26 2019 // A Missouri Supreme Court ruling on talc lawsuits could reduce the liability and number of large trials Johnson & Johnson faces over allegations its talc products, including baby powder, cause cancer. The ruling will...
As Health Plan Deductibles Rise, Expect More Workers’ Compensation Claims
Feb 20 2019 // Are employees injured at work more likely to file under workers’ compensation instead of group health insurance when their group health plan has a higher deductible? The Workers Compensation Research Institute (WCRI)...
Texas Bill Would Protect First Responders’ Work Comp Claims from Illegal Denials
Feb 15 2019 // A bill recently filed in the Texas House of Representatives would penalize insurers that illegally deny Texas first responders access to medical treatment for line-of-duty injuries covered under state workers’...
Study Questions Safety Claims About Tesla Autopilot’s Steering Feature
Feb 14 2019 // An analysis of government data disputes a finding by safety regulators and promoted by Tesla Inc. that crash rates of its older vehicles declined after they were equipped with an automatic steering capability. The study,...
Allstate Q4 Catastrophe Loss Tempered by Higher Premiums, Reduced Auto Claims
Feb 8 2019 // The Allstate Corp. lost $312 million in its 2018 fourth quarter, which was attributable to higher catastrophe losses, lower investment income and a pension settlement charge. Catastrophe losses hit $963 million, versus...
An Old Dog Up to New Tricks
Feb 4 2019 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the past 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
What It Takes to Successfully Resolve Insurance Coverage and Claims Disputes
Feb 4 2019 // While Understanding Why Some Claims Are Denied In the first column of this series, I provided an overview of what it takes to successfully resolve coverage and claims disputes without litigation. In the coming months, we...
The Claims Talent Evolution
Feb 4 2019 // It should not be a surprise that drones fly over disaster areas for property inspection, and some insurers use chatbots to answer policyholders’ claims questions. Claims applications and supporting documents are...
China’s Ping An P&C Unveils Credit-Based Smart Auto Insurance Claim Solution
Jan 30 2019 // Ping An Property and Casualty Insurance Co. of China has launched a credit-based smart auto claim solution in China, to make it easier for car owners to make claims and encourage good driving habits. The credit-based...
