Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Florida OIR: $3B Spent on Claims Defense in 2021; 27 Insurers Now on Watch List
Jul 21 2022 // In 2021, Florida’s domestic property insurers spent more than $3 billion on legal defense costs and containment – double the figure reported in 2016. That’s one jaw-dropping but not surprising takeaway from...
Michigan Utility Denies Flooding Claims from 2021 Storm
Jul 21 2022 // A Detroit-area water utility said Tuesday that it will deny flooding claims stemming from a damaging storm last summer based on an independent review that found the flooding was caused by the amount of rainfall and not a...
Lost Luggage Claims Jump 30% Compared to Pre-Pandemic Levels: Mapfre
Jul 20 2022 // The number of travelers reporting stranded luggage this summer jumped 30% from 2019, according to Spanish insurer Mapfre SA. More bags are going missing as short-staffed airports and airlines struggle to keep up with...
Meta VR Rival Claims It Was Obliterated When Facebook Took Its Name
Jul 19 2022 // A Meta Platforms Inc. rival claims in a federal trademark infringement lawsuit that its business has been obliterated after Facebook adopted its name. Closely held MetaX LLC said since October 2021, when Facebook rebranded...
Louisiana Guaranty Fund to Borrow $600 Million to Pay Claims
Jul 19 2022 // A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida. The Times-Picayune ‘ The New Orleans Advocate reports that the Louisiana...
New Jersey High Court: Default Claims Against Insurer Subject to Arbitration
Jul 19 2022 // A claimant seeking to recover directly from an insurer on default judgments for claims against the insurer’s policyholder, must abide by the insurer’s policy terms that mandate arbitration, the New Jersey...
Tesla Sued in Germany Over Car Surveillance Cameras, Carbon Footprint Claims
Jul 19 2022 // Tesla Inc. was hit by a lawsuit in Germany over potential privacy concerns linked to its car surveillance cameras and claims that buying its vehicles helps cut CO2 emissions. VZBV, the main German consumer association,...
30 Women Settle Watson-Related Claims Against Houston Texans
Jul 18 2022 // Thirty women who had accused the Houston Texans of turning a blind eye to allegations that their former star quarterback Deshaun Watson was sexually assaulting and harassing women during massage sessions have settled their...
Skittles Are Toxic, Federal Lawsuit Claims
Jul 15 2022 // Mars Inc. has been sued by a consumer who claims that Skittles candies are unfit to eat because they contain a known toxin that the company had pledged six years ago to phase out. In a proposed class action filed on...
Detroit to Pay $7.5 Million to Man Who Claims Police Switched Bullets
Jul 15 2022 // Detroit agreed to pay $7.5 million to settle a lawsuit by a man who claimed police switched bullets to pin a murder on him in 1992. Desmond Ricks was released from prison in 2017 after 25 years, thanks to gun experts, law...
Electric Vehicle Sales Rise Sharply, Signaling Changes for Auto Claims
Jul 15 2022 // US consumers are rapidly adapting to electric vehicles, a shift away from the internal combustion engine that may change auto insurance claim characteristics. CCC Intelligent Solutions said in new report that electric...
Settlement Delays Likely to Worsen UK Motor Insurance Claims Inflation
Jul 14 2022 // Delays in motor claims processing may be hiding the true threat of inflation to insurers, according to global broker WTW in a benchmarking report that concludes that UK motor claims inflation is expected to accelerate in...
Goodbye Courtroom? Florida Citizens Wants Claims Disputes Heard by Admin Judges
Jul 14 2022 // By this time next year, Citizens Property Insurance policyholders and assignees of benefits could see their claims disputes decided, not in county or circuit courts, but by administrative judges who work for a Florida...
Industry Trade Associations Oppose Potential New Cyber Claims Data-Sharing Rules
Jul 13 2022 // Insurance industry trade associations said they do not want “misguided provisions” related to cyber claims data sharing in the next National Defense Authorization Act (NDAA) for fiscal year 2023. The American...
Science Offers Basis for National Climate Damage Claims: Study
Jul 12 2022 // A scientific basis exists to calculate how much one country’s carbon emissions have damaged the economy of another, a study said on Tuesday of a development it billed as a potential game-changer for climate...
Carolina High Court Takes Up Law That Extends Time on Sex Abuse Claims
Jul 11 2022 // North Carolina’s Supreme Court will accelerate appeals over the constitutionality of a state law that gave adults with child sexual abuse claims another two years to seek civil damages. A majority of justices agreed...
West Virginia Requiring New Notices, Info on Workers’ Comp Claims Decisions
Jul 6 2022 // West Virginia’s insurance commissioner is reminding workers’ compensation stakeholders about statutory changes that took effect this month on claims and adjudication of claims. “As a result of these...
Tampa Med Clinic Owner Charged with Staging Crashes and $970,000 in False Claims
Jul 6 2022 // The owner of a Tampa medical clinic has been charged in a scheme that staged auto accidents then submitted more than $970,000 in falsified insurance claims, Florida authorities said. Angela Ippolito Duncan, owner of Ybor...
Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data
Jul 5 2022 // Betterview Analytics Now Offered via OneShield Property data firm Betterview, which serves property/casualty insurance companies, is now partnering with core system provider, OneShield Software, to make the its property...
Agents: Fourth of July Brings Risks & Claims
Jul 1 2022 // It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have....
