Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
CaseGlide of Florida Adds Russ Smith as Chief Technology Officer
Sep 30 2020 // CaseGlide, LLC, a provider of claims litigation management software for claims organizations, has added Russ Smith as chief technology officer (CTO). A software industry veteran of more than two decades, Smith comes to St....
Agents Warned of ‘Creative’ Attorneys, Virus Lawsuits
Sep 30 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...
HUB to Offer InsuraGuest Small Claims Hospitality Product to Hotel Clients
Sep 29 2020 // Hub International Limited (HUB), and InsuraGuest, Inc., have partnered to offer InsuraGuest’s Hospitality Liability coverage to HUB hotel clients in the U.S., with plans to expand to HUB’s clients in Canada by...
Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020
Sep 28 2020 // The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19...
Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows
Sep 28 2020 // Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report...
EU Strikes Low-Cost Deal With AstraZeneca to Pay COVID-19 Vaccine Claims
Sep 28 2020 // European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters. The...
D&O Insurers Under Pressure But Big Enough to Handle Pandemic Claims, Says Fitch
Sep 28 2020 // As claims related to the economic fallout from the pandemic emerge in the U.S. directors & officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and...
Insurer Impact from Sally Expected to be Moderate; Losses Estimated at $1B to $3B
Sep 23 2020 // Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s expects a moderate impact on property & casualty insurers and...
Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine
Sep 23 2020 // Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling the...
Davies Acquires Massachusetts’ TriPlus Service in North American Expansion
Sep 22 2020 // Davies, a specialist professional services and technology business, has acquired TriPlus Service Inc, a long-term care insurance third party administrator (TPA) based in Massachusetts. TriPlus provides its long-term care...
FCA to Insurer CEOs: Don’t Delay in Paying Valid COVID Business Interruption Claims
Sep 21 2020 // In a follow-up to the High Court’s ruling on coronavirus-related business interruption claims by businesses, the UK’s Financial Conduct Authority (FCA) is advising insurers that they must pay all valid claims...
The Role Insurance Plays in Civil Rights Settlements Against Law Enforcement
Sep 21 2020 // Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place across the country, according to an insurance policyholder attorney who...
Agents Warned of ‘Creative’ Attorneys and COVID-19 Lawsuits
Sep 21 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...
New York Charges Johnson & Johnson with Insurance Fraud Over Opioid Claims
Sep 18 2020 // New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the...
What to Expect in 2021: Reinsurance Market Moving From ‘Timid’ to ‘Hard’
Sep 18 2020 // Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a...
Some Reinsurers Will Try Pandemic Exclusions for Casualty at Jan. 1 Renewals
Sep 18 2020 // Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker representative revealed...
Gallagher Bassett Transportation Creates Major Case Unit for Claims
Sep 18 2020 // Gallagher Bassett Services Inc. (GB), based in Rolling Meadows, Ill., has launched the GB Transportation Major Case Unit (MCU), a claims handling center that focuses solely on clients’ most severe, complex and high...
Florida’s Citizens Urges Insureds to Avoid Fraud, Scams After Hurricane Sally
Sep 18 2020 // In an effort to help insureds avoid falling victim to scams and abuse, as well as to speed up the claims process, Citizens Property Insurance Corp. is urging its policyholders to “Call Citizens First” as they...
Bayer Settles More U.S. Claims Over Weedkiller Roundup
Sep 17 2020 // Bayer AG has settled thousands of U.S. Roundup weed killer lawsuits as part of an $11 billion settlement, reaching deals with the only lawyers who took cases to trial over allegations the herbicide caused cancer. In...
Lawsuit Claims EPA Has Failed to Enforce Chesapeake Bay Pollution Caps
Sep 16 2020 // The Environmental Protection Agency has failed to ensure that Pennsylvania and New York are doing enough to reduce pollution that flows from farms and cities into the Chesapeake Bay, according to a lawsuit filed on...
