Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Insurers Forecasting Significant Claims from Businesses from Hurricane Florence
Sep 12 2018 // Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more...
North Carolina Insurance Fraud Round-Up: August
Sep 10 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of August. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
Claims from California Summer Fires Top $845M, Commissioner Blames Climate Change
Sep 6 2018 // California Insurance Commissioner Dave Jones on Thursday announced that insured residential and commercial losses from the Carr and Mendocino Complex fires topped $845 million and are now counted among the most destructive...
19% Workers’ Comp Rate Decrease Proposed for Tennessee
Sep 6 2018 // The National Council on Compensation Insurance (NCCI) has filed for a 19.1 percent decrease for workers’ compensation voluntary market loss costs in Tennessee – the largest recommended decrease since reforms to the...
Athens Administrators Acquires San Antonio’s 1-2-1 Claims
Sep 5 2018 // Athens Administrators, a provider of third-party claims administration services, has acquired San Antonio, Texas-based 1-2-1 Claims Inc. 1-2-1 Claims Inc. is a licensed third-party administrator (TPA) company specializing...
Mass. SJC Says Hospital Does Not Have Duty of Care in Former Patient’s Stabbing Suit
Sep 3 2018 // The Massachusetts Supreme Judicial Court has ruled that Steward Carney Hospital does not have a duty of care after a patient released from an involuntary psychiatric commitment fatally stabbed his neighbor. The court found...
A Tale of Two Floridas: Hurricane Irma’s Belated Impact on Reinsurers
Sep 3 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 last month. Everest Re was among those...
Houston’s Myron Steves Adds Tilford to Lead Claims Unit
Aug 30 2018 // Amanda Tilford has joined Houston-based managing general agency, Myron Steves, to lead the company’s Claims operations. She will be responsible for operating the claims processing unit, including the timely and...
Santander Bank Settles Auto Finance, Insurance Claims
Aug 30 2018 // A unit of European lender Banco Santander SA has agreed to settle claims by a U.S. consumer watchdog that it misled drivers about the costs of loans and the coverage of related insurance policies, said three people with...
Barnes & Noble Calls Fired CEO’s Defamation Claims ‘Lies and Mischaracterizations’
Aug 29 2018 // Barnes & Noble Inc. was sued on Tuesday by a former chief executive officer who said the largest U.S. bookstore chain falsely accused him of violating its sexual harassment policy before firing him after 14 months on...
Goldman Sachs Wants Whistleblower’s Claims Sent to Arbitration
Aug 28 2018 // Goldman Sachs Group Inc. says claims by a former executive that the bank retaliated against him for blowing the whistle on its failure to comply with anti-money-laundering policies should be heard outside of court or...
Explaining Medical Errors Cut Liability Claims 66%: Georgia State Research
Aug 22 2018 // Hospital staff and physicians who are willing to explain, apologize for and resolve adverse medical events significantly reduce legal defense and liability costs, according to a study led by Dr. Florence R. LeCraw, an...
UK Could See Surge in Subsidence Claims Due to Prolonged Dry Weather: Sedgwick
Aug 22 2018 // The UK could see a surge in subsidence due to the prolonged spell of hot and dry weather across the country, according to Sedgwick, a London-based provider of technology enabled risk, benefits and integrated business...
Mass. SJC Says Hospital Does Not Have Duty of Care in Former Patient’s Stabbing Suit
Aug 22 2018 // The Massachusetts Supreme Judicial Court has ruled that Steward Carney Hospital does not have a duty of care after a patient released from an involuntary psychiatric commitment fatally stabbed his neighbor. The court found...
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...
