Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
The Declining Value of Insurance
Aug 6 2018 // Value is a relative term often specific to a given asset. For example, if the price of gold declines from $1,800 per ounce to $1,250 per ounce, as it has, then gold is less valuable. The price of insurance is set to...
Weather Ranks Top in Causes of Home Damage: Travelers
Aug 6 2018 // Wind is the most common claim while fire is the most expensive claim for homeowners, according to Travelers Companies’ recently released Top Ways Things Can Go Wrong interactive report. The report examines the...
Cybersecurity Tops D&O Liability Risks: Willis Towers Watson
Aug 6 2018 // Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks...
Michigan State Sues Insurers Over Nassar Victims’ Sex Assault Claims Coverage
Aug 6 2018 // Michigan State University has filed suit against 13 insurance carriers over coverage of sexual assault claims by victims of now-imprisoned former sports doctor Larry Nassar. The lawsuit against the insurers was filed July...
Insurer RSA Reports 15% Drop in H1 Operating Profit on Winter Weather Claims
Aug 2 2018 // Icy roads and frozen pipes due to bad weather in Canada and Britain hit insurer RSA’s first-half operating profit on Thursday, though results were in line with analyst forecasts. General insurer RSA, best known in...
California Commissioner Asks Insurers to Help Speed Wildfire Recovery Efforts
Aug 1 2018 // California Insurance Commissioner Dave Jones announced on Wednesday he is taking actions he says will help protect thousands of wildfire survivors. His first action is a notice requesting insurers to expedite claims...
Michigan State Sues Insurers Over Nassar Claims Coverage; Stops Victim Payments
Jul 30 2018 // Michigan State University has filed suit against 13 insurance carriers over coverage of sexual assault claims by victims of now-imprisoned former sports doctor Larry Nassar. The lawsuit against the insurers was filed July...
Auto Insurer Loses Appeal for Dismissal of Complaints in Louisiana Claims Dispute
Jul 25 2018 // In late June, the Louisiana Supreme Court ruled against an insurer and its insureds seeking summary judgement dismissing complaints against them in a case involving auto insurance claims. At issue was whether or not the...
Michigan Commission: Investigate LGBT Discrimination Claims Despite AG’s Opinion
Jul 25 2018 // The Michigan Civil Rights Commission has directed an agency to continue investigating complaints of discrimination based on sexual orientation and gender identity, days after the state attorney general declared the basis...
CRU GROUP Welcomes New USA, Senior Business Development Leader
Jul 24 2018 // Toronto, Ontario Canada, July 24, 2018 – Kyle Winston, President and CEO of CRU GROUP, today announced the hiring of Laura Pastore as the new Vice President U.S. Business Development for Catastrophe Response Unit...
Ratings Agency Ignites Controversy Over Financial Strength of Florida Insurers
Jul 24 2018 // With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10...
UK Motor Insurers to Mutualize Claims for Terrorist Attacks Using Vehicles as Weapons
Jul 23 2018 // UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. MIB is the UK’s not-for-profit body...
GEICO Board of Directors Promotes Connor to VP of New York, New Jersey Offices
Jul 23 2018 // The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J. Connor had served as assistant vice president of...
Cybersecurity Tops D&O Liability Risks
Jul 20 2018 // Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and regulatory enforcement risks...
Chubb Hires Everest’s Watt to Lead North America Claims
Jul 17 2018 // Chubb has appointed Megan Watt, as executive vice president, head of North America Claims. In this role, she will lead all aspects of Chubb North America claims management, service and administration for the commercial and...
New Hampshire Couple Claims Restaurant Over-Served Drunk Man in Assault
Jul 16 2018 // A New Hampshire couple has filed a lawsuit against a Portsmouth, N.H., restaurant saying it over-served an intoxicated patron who attacked the husband and gave him a concussion. The Portsmouth Herald reports the Vrettoses...
Judge Rules Airbnb Can’t Dodge Aimco’s Illegal Sublease Claims in Miami
Jul 16 2018 // Airbnb Inc., having escaped a major U.S. landlord’s lawsuit over partying tourists at high-end Los Angeles apartments, will have to defend itself against the same allegations by the same landlord in Miami. A Florida...
Conflicts of Interest Leads List in Lawyers’ Malpractice Claims: Ames & Gough
Jul 16 2018 // New malpractice claims against lawyers are being driven by inadequate safeguards against conflicts of interest, along with participation in certain expanding and complex practice areas, according to a new study by...
Texas Attorney Sentenced for Insurance Fraud Involving Hail Claims
Jul 16 2018 // A former Texas attorney is headed to prison on charges of insurance fraud and barratry for a scheme involving fraudulent lawsuits filed after hail storms, the Texas Department of Insurance announced. A Tarrant County judge...
Ben & Jerry’s Hasn’t Cleaned Up Its Act, Consumer Group Claims
Jul 13 2018 // It’s summer in America, and that means action-packed movies, piles of hot dogs and plenty of ice cream. But according to a lawsuit filed Tuesday by a consumer food-advocacy group, if your choice of ice cream is Ben...