Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Ohio Insurance Regulators Help Secure an Extra $30.4M for Consumers
Feb 6 2018 // The Ohio Department of Insurance helped more than 436,000 Ohio insurance consumers save or recover $30.4 million in 2017 through its toll-free hotlines, community outreach and counseling, according to Director Jillian...
Public Firms Now Face Question of When to Disclose Sexual Harassment Claims
Feb 6 2018 // The steep drop in the stock price of Wynn Resorts Ltd. following a report that chairman Steve Wynn subjected female staff to unwanted sexual advances offers an illustration of how such allegations may now be...
Worley Claims Services Acquires Audit Services Incorporated of Georgia
Feb 6 2018 // Worley Claims Services, LLC, a provider of claims services in North America, has acquired Audit Services Incorporated (ASI), a claim estimate writing and review supplier for the property and auto insurance markets based in...
Cyber Insurance Claims from Fraudulent Instruction Scams Rise: Beazley
Feb 5 2018 // Organizations are being forced to deal with an increased threat to their operations from fraudulent instruction scams, according to specialist insurer Beazley’s most recent Breach Report. According to the insurer,...
Florida Regulator Report Shows AOB Abuse Worsening Statewide
Feb 5 2018 // The epidemic of assignment of benefits (AOB) abuse that has been plaguing Florida for several years is only getting worse, says a new report from the Florida Office of Insurance Regulation (OIR). The most recent data call...
People
Feb 5 2018 // David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will focus on serving law firms, as it did when it...
Altman Advises Southwestern Pennsylvania Property Owners on Filing Flood Claims
Feb 5 2018 // Acting Pennsylvania Insurance Commissioner Jessica Altman has advised property owners in southwestern Pennsylvania experiencing flooding from heavy rains on important actions to take when preparing and filing flood...
Incumbent Re/Insurers Drive Insurtech Investments in Q4 2017: Willis Towers Watson
Feb 2 2018 // Re/insurance industry incumbents are fueling investments in insurtech startups, sending a clear message to potential disruptive outsiders, according to a report published by Willis Towers Watson, which detailed 2017 trends...
Heckman Joins Berkeley Research Group’s Insurance Claims Practice in Dallas
Feb 1 2018 // Global strategic advisory and expert consulting firm Berkeley Research Group has added D. Christopher Heckman to the firm’s Complex Insurance Claims practice in Dallas. Heckman, who joins as a managing director in...
London Market Single Claims Agreement Launched to Improve Claims Handling
Feb 1 2018 // The London market has launched a simplified system for claims handling in an effort to improve client service and streamline claims agreement across the London market. The Single Claims Agreement is designed “to...
United Educators Offers Free Webinar on Independent School Liability Claims
Feb 1 2018 // Bethesda, MD, February 1, 2018— United Educators (UE) is a reciprocal risk retention group serving educational institutions, including independent K-12 schools. Over a five-year period, UE and its member institutions...
Statewide Claims for California Wildfires Reach Nearly $12B
Jan 31 2018 // Insurers have received nearly 45,000 insurance claims totaling more than $11.79 billion in losses from the wildfires that burned across the state in October and December 2017, California Insurance Commissioner Dave Jones...
International Underwriting Association Calls for EU Registry of Cyber Claims Data
Jan 31 2018 // A more coherent, consistent recording of cyber incidents would help the insurance industry better understand the frequency and cost of cyber claims, according to a report published by the International Underwriting...
NCC Difference Makers Adjusters Conference 2018 to be Held in San Antonio, Texas
Jan 31 2018 // Atlanta, GA, January 31, 2018 – National Claims Connection (NCC) is hosting the 2018 Adjusters Conference on February 25-27, 2018 at the historic Menger Hotel in San Antonio, Texas. NCC has partnered with sister...
Duke Energy, North Carolina Coal Ash Neighbors End Dispute Over Future Claims
Jan 31 2018 // Neighbors of Duke Energy Corp.’s unlined coal ash pits in North Carolina went to court after the company said their $5,000 “goodwill” payments required them to give up future health claims linked to...
Capital Markets Still Keen on ILS Investments Despite 2017 Disaster Claims: WTW
Jan 29 2018 // The insurance linked securities (ILS) sector is set for another year of growth as the market recovers from 2017’s natural disasters, replaces lost capital and investors show mounting interest in ILS products. These...
West Virginia Man Sentenced to Nearly 2 Years for Filing $354K in Fraudulent Claims
Jan 26 2018 // A West Virginia man has been sentenced to one year and nine months in federal prison for filing false insurance claims totaling more than $354,000. Thirty-six-year-old Daniel Lichtman of Kearneysville was sentenced for...
Groszek Joins Alliant’s ProQuest Division in Chicago
Jan 24 2018 // Longtime attorney and claims specialist Jennifer Groszek has joined the ProQuest division of Alliant as vice president, claims advocate lead, where she will provide risk management, consulting, and claims management and...
QBE Expects US$1.2B Loss in 2017 from ‘Unprecedented’ Natural Catastrophes
Jan 24 2018 // QBE announced to the market this week that it expects a US$1.2 billion after-tax loss in 2017 on “unprecedented” natural catastrophe claims. “This has been a challenging year for QBE, reflecting an...
Losses From Southern California Fire Could Reach $2.5B, Expert Says
Jan 23 2018 // Losses from the Thomas Fire in Southern California are expected to fall between $1 billion and $2.5 billion, a catastrophe modeling firm said on Tuesday. The Thomas Fire, which raged across Southern California’s...
