Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Conditions Are Challenging, Claims Are Elevated, but Reinsurers’ Profits Return: Reports
Aug 22 2023 // Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022, according to an AM Best report. “Reinsurers generally...
The Advance Pay Rule and Other Unique Aspects of Montana Claims Processing
Aug 16 2023 // This post is part of a series sponsored by AgentSync. Montana, aka the Treasure State. Known for its breathtaking views, sub-zero winters, and… an insurance claims process that rivals Florida in nuance? If you’re...
Montana Clinic Files for Bankruptcy After $6M False Asbestos Claims Ruling
Aug 15 2023 // A health clinic in a Montana town plagued by deadly asbestos contamination has filed for bankruptcy protection after a judge ordered it to pay the government almost $6 million in penalties and damages for submitting...
Kellogg’s ‘Woke’ Workplace Diversity Programs Are Illegal, Group Claims
Aug 10 2023 // A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its...
Judge Allows Key Antitrust Google Search Claims to Go to Trial
Aug 7 2023 // A U.S. judge hearing the Justice Department’s antitrust lawsuit accusing Google of unlawfully maintaining monopolies in the internet search market let stand key claims made by the federal government. Google, a unit...
Auto Claims Inflation Speeds Ahead of Premium Increases
Aug 7 2023 // Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road Ahead, by the American...
Skanska Must Face the Music: Maritime Law Does Not Protect it from Fla. Storm Claims
Aug 3 2023 // A construction company whose barges came loose from their moorings during Hurricane Sally and damaged the Pensacola Bay Bridge will have to cope with some 900 claims by businesses and other parties that say they suffered...
Aircraft Lessors Aim for June 2024 Trial Over Contested Russia Insurance Claims
Aug 1 2023 // Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on...
Syracuse Catholic Diocese Settles $100 Million in Sexual Abuse Claims
Aug 1 2023 // The Roman Catholic Diocese of Syracuse on Thursday announced a $100 million settlement with people who say they were sexual abuse victims as part of its bankruptcy proceedings. Catholic dioceses around the state are...
Las Vegas Casino Mogul Fined $10M to End Fight Over Claims of Workplace Sexual Misconduct
Jul 31 2023 // Casino mogul Steve Wynn has ended a yearslong legal fight with Nevada gambling regulators that started with claims of workplace sexual misconduct, agreeing to pay a $10 million fine and cut ties to the industry he helped...
Judge Affirms Letting Coach Flores’ Racial Bias Claims Against NFL Proceed to Trial
Jul 28 2023 // A federal judge said Tuesday that she’s not changing her decision to let NFL coach Brian Flores put the league and three of its teams on trial over his claims that he and other Black coaches face...
Rochester Diocese Claims Fund Reaches $126M as 2 More Insurers Settle, 1 Holds Out
Jul 28 2023 // The Catholic Diocese of Rochester and sexual abuse survivors have reached settlements with additional insurers on amounts available to cover abuse claims, bringing the total fund now available to survivor claimants to...
Japanese Used-Car Exec to Step Down After Revelations of Fraudulent Insurance Claims
Jul 26 2023 // The president of Japanese used-car dealership Bigmotor Co. Ltd. said he will step down after revelations of fraudulent insurance claims by the company’s repair shops, a scandal that has also ensnared Sompo Japan...
Head Scratcher? Claims Litigation Not Named as Major Factor in Florida Insolvencies
Jul 26 2023 // Despite years of complaints from Florida property insurers and some lawmakers that out-of-control claims litigation was destroying the industry, recent regulators’ reports about the reasons for insolvencies make...
Auto Claims Inflation Speeds Ahead of Premium Increases
Jul 24 2023 // Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road Ahead, by the American...
Louisiana Commissioner Directs Insurers to Talk to Policyholders as Hurricane Ida Claims Deadline Looms
Jul 21 2023 // A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, state Insurance Commissioner James Donelon on Thursday issued a directive...
Florida Insurers Have Until Aug. 1 to Show They Have Proper Claims Manuals, OIR Says
Jul 21 2023 // Florida property insurers now have a week to attest that they have and use claims-handling manuals that reflect industry practices and standards, the state Office of Insurance Regulation said in a bulletin. By Aug. 1,...
Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims
Jul 21 2023 // Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information Institute...
Northern New York Diocese Facing 100 Sexual Abuse Claims Files for Bankruptcy
Jul 19 2023 // The Roman Catholic Diocese of Ogdensburg in northern New York said Monday that it was filing for bankruptcy protection as it faces more than 100 lawsuits alleging sexual abuse. The diocese, like others in the state, is...
Insurers to Pay $15M to Settle Murdaugh Fatal Boat Crash Claims
Jul 18 2023 // Insurers for the convenience store that sold beer to Paul Murdaugh have agreed to pay $15 million to settle the wrongful death suit stemming from the 2019 boat crash involving Murdaugh in which teenager Mallory Beach was...
