Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Augmented Reality Property Claims Venture Raises $3.9 Million
Aug 21 2018 // PLNAR, an augmented reality service that creates, fully measured, real-time 3D models of any room, has raised $3.9 million in a Series A investment round led by insurtech and healthcare venture capital fund ManchesterStory...
Republicans Move to Clarify Tax Provision on Sexual Harassment Claims
Aug 21 2018 // U.S. Senate Republicans on Thursday sought to correct a section of President Donald Trump’s tax overhaul that threatened to prevent sexual harassment victims from claiming a tax deduction for the legal costs they...
A Tale of Two Floridas: Hurricane Irma’s Belated Impact on Reinsurers
Aug 21 2018 // Reinsurers expressed different views of loss developments related to Hurricane Irma, when executives reviewed the impact of the Florida event on second-quarter earnings reports earlier this month. Everest Re was among...
People
Aug 20 2018 // Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on...
Auto Accidents and Workers’ Comp
Aug 20 2018 // Although there has been an overall decline in workers’ compensation claims, the frequency of claims for motor vehicle accidents has increased in recent years, reports the National Council on Compensation Insurance...
Study Looks at Polypharmacy Claims in California Workers’ Comp
Aug 17 2018 // A study from the California Workers’ Compensation Institute shows the likelihood that indemnity was paid on a workers’ comp claim increased with the number of concurrent prescriptions the injured worker was...
Texas Insurance Department: Harvey Claims Reporting Deadline Approaching
Aug 15 2018 // As the anniversary of Hurricane Harvey approaches, the Texas Department of Insurance is reminding Texans that some insurance policies have a one-year deadline to file claims. Harvey made landfall August 25. Texas Windstorm...
Judge Dismisses Certain Claims in West Virginia Industrial Fire Suit
Aug 14 2018 // A federal judge has dismissed part of a lawsuit in connection with an industrial fire in West Virginia. The Parkersburg News and Sentinel reports U.S. District Judge Thomas E. Johnson dismissed most of the claims made in a...
Marsh Launches Solicitor’s Professional Indemnity Solution in England, Wales
Aug 14 2018 // Marsh has launched a new insurance solution to assist small and mid-sized law firms in England and Wales in managing their professional indemnity (PI) risks. Available exclusively to Marsh clients, the solution uses...
Workers’ Compensation Insurers Face Rise in Motor Vehicle Accidents
Aug 14 2018 // Although there has been an overall decline in workers’ compensation claims, the frequency of claims for motor vehicle accidents has increased in recent years. According to the National Council on Compensation...
3 Steps to Help Close Workers’ Compensation Claims Performance Gap
Aug 13 2018 // An analysis of five years of benchmarking data from more than 1,700 claims identifies three practices that workers’ compensation claims organizations rated as low in quality should adopt to keep from falling further...
CCC to Host Webinar on Technology Change Agents and the Future of Auto Insurance
Aug 10 2018 // Join CCC Industry Analyst Susanna Gotsch and Jason Verlen, SVP Product Management on Wednesday, August 15th. Chicago, IL, August 10, 2018– CCC Information Services Inc. (CCC) announced today that executives from the...
American Medical Association Claims CVS-Aetna Merger Will Hike Drug Prices
Aug 9 2018 // The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp.’s plan to buy insurance provider Aetna Inc., saying the deal could result in...
Kentucky Medical Malpractice Panel Backlogged by Hundreds of Claims
Aug 9 2018 // A Kentucky panel established to review medical malpractice claims before lawsuits can be filed is severely backlogged. The Courier Journal obtained records through the Kentucky Open Records act that show only 11 percent of...
First Jury Weighs Cancer Claims Against Monsanto’s Roundup
Aug 8 2018 // A trial in which a school groundskeeper alleged that his use of Monsanto’s Roundup weed killer caused his terminal cancer will go to a California jury after lawyers for both sides delivered their closing arguments on...
Auto Insurer Loses Appeal for Dismissal of Complaints in Louisiana Claims Dispute
Aug 6 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...
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...
