Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Wall Street Brokers Start Trading Insurer Claims From LA Fires
Mar 20 2025 // Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar with the...
JD Power: Customers Not Happy With Carrier Property Claims Service
Mar 20 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...
Florida Bill Would Limit AI in Claims Denials, Extend Bar on Execs, Raise Surplus Levels
Mar 19 2025 // After years of rising insurance premiums, anger from homeowners, and recent reports about some property insurance carriers’ alleged diverting of profits, bills seen as “consumer friendly” continue to gain...
Google to Pay $28M to Settle Claims it Favored White and Asian Employees
Mar 19 2025 // Google agreed to pay $28 million to settle a class action lawsuit claiming that it favored white and Asian employees by paying them more and putting them on higher career tracks than other workers. The accord with Google,...
People Moves: Liberty Specialty Markets Promotes Unstad as Head of Nordics; BHSI Appoints Howe as Head of Claims, Australasia
Mar 18 2025 // This edition of International People Moves details appointments at Liberty Specialty Markets and Berkshire Hathaway Specialty Insurance. A summary of these executive hires follows here. Liberty Specialty Markets Promotes...
Newsmax Paid $40M to Settle Defamation Suit Over 2020 Election Claims
Mar 17 2025 // Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting machine company helped rig the 2020 U.S. election for Joe Biden over Donald Trump,...
Verisk: Catastrophe Claims in Q4 Double on Late Hurricane Activity
Mar 14 2025 // A significant rise in claims from hurricanes rather than winter storms was to blame for a 36% increase in total fourth quarter 2024 claims. A new report from Verisk Analytics found catastrophe claims more than doubled year...
Maryland Regulator Takes Action Against Erie Insurance Over Discrimination Claims
Mar 14 2025 // Maryland’s insurance regulator has announced actions to settle a long-running dispute with Erie Insurance Group over a report on the insurer’s practices involving some urban agents and their insureds. The...
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition
Mar 12 2025 // More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported...
FEMA to Borrow $2 Billion to Pay Flood Claims After Hurricanes Helene and Milton
Mar 10 2025 // The Federal Emergency Management Agency said in February that it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it...
Resilience: Third-Party Risk Involved in 31% of Cyber Claims
Feb 28 2025 // More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research...
Edison Says Wildfire Fund May Shield Balance Sheet From LA Fire Claims
Feb 28 2025 // California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is found to have caused a deadly Los Angeles fire last month,...
Florida’s Bad-Faith Claims Reform Law Not Retroactive, Appeals Court Says
Feb 28 2025 // A Florida appeals court has re-affirmed a major state Supreme Court decision, helping to answer lingering questions about whether the 2022 bad-faith litigation reform law can be applied retroactively. The answer is...
AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims
Feb 27 2025 // French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies, fewer claims and increased margins for its natural catastrophe...
Munich Re Faces $1.3 Billion in Claims From Los Angeles Wildfires
Feb 26 2025 // Germany’s Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on Wednesday, representing the biggest loss reported so far by a single European...
Claims Service, Tech, Communication Top Independent Agent Concerns
Feb 26 2025 // Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300...
California Wildfire Claims Ignite Industry-Wide Credibility Crisis
Feb 24 2025 // As someone who lost everything in a devastating fire–from cherished family photos to irreplaceable heirlooms–I understand firsthand the profound impact of both fire destruction and an insurer’s response....
In $17M Suit, Cannabis Grower Claims Nearby Farm’s Pesticides Contaminated Its Crops
Feb 19 2025 // A Massachusetts cannabis grower is suing a neighboring berry and vegetable farm for allegedly rendering its entire cannabis harvest unusable by incorrectly spraying chemicals in a way that caused them to drift onto its...
Update: FEMA to Borrow $2B to Pay Flood Claims After Hurricanes Helene and Milton
Feb 13 2025 // The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders. FEMA, administrator of NFIP, said it expects to pay out...
Bayer Broadens Effort to Shield Itself From Claims Weedkiller Caused Cancer
Feb 13 2025 // A renewed and expanded effort from chemical giant Bayer to shield itself from lawsuits that claim its popular weedkiller Roundup causes cancer brought dozens of protesters to the Iowa Capitol building Monday begging...
