Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Study Tracks Post-Reform Trends in California Workers’ Comp Medical Service
Sep 15 2020 // The average number of visits for evaluation and management and physical medicine services in the California workers’ compensation system has continued to edge down since the enactment of the sweeping reform law SB...
London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims
Sep 15 2020 // London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims from small firms battered by the COVID-19 pandemic, Britain’s Financial Conduct Authority...
Coronavirus Pandemic Will Have Severe Impact on Social Inflation: Fitch’s Mazzuoli
Sep 15 2020 // Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has led the insurance...
Virginia’s Kinsale Capital Group Hires Beachy as Executive VP, Chief Claims Officer
Sep 14 2020 // Kinsale Capital Group Inc. has hired Mark J. Beachy as executive vice president and chief claims officer, effective October 5, 2020. Beachy will succeed Ann Marie Marson, who served as chief claims officer since August...
Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday
Sep 14 2020 // Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is set to rule Tuesday in a case involving about 370,000 policyholders, companies including Zurich Insurance Group...
New York’s Preferred Mutual Hires Raue as Senior Vice President of Claims
Sep 11 2020 // Preferred Mutual Insurance Company has hired Michelle Raue as senior vice president of claims. In this role, Raue will be responsible for building the vision and executing the strategy to deliver an innovative and...
Fitch’s Reinsurance Outlook Remains Negative, Despite Entry into Hard Market Phase
Sep 11 2020 // Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as a result of hefty coronavirus claims and low interest rates. The good news for companies,...
Summer Storms Bring Alberta’s Tab for Severe Weather Insurance Claims to $2 Billion
Sep 11 2020 // Severe weather events have hit Alberta hard over the spring and summer months. Four events from April to August brought the insured damage total for natural catastrophes in the province to $2 billion, based on surveys from...
Hurricane Irma’s ‘Last Gasp’: 3-Year Claims Deadline Put to the Test
Sep 10 2020 // It’s been 3 years since Hurricane Irma made landfall in Florida as a Category 4 storm, and the trail of damage left in its wake is still being felt across the state today, particularly by the insurance industry as it...
Lloyd’s Reports First Half Loss of $520M on COVID-19 Insurance Claims
Sep 10 2020 // Lloyd’s of London recorded a pretax loss of 400 million pounds ($520.08 million) in the first half, battered by the coronavirus pandemic, the commercial insurance market said on Thursday. Insurers around the world...
Buffett’s Duracell Countersues Energizer, Alleging False Ads Over Battery Life Claims
Sep 9 2020 // Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc., sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that its Energizer MAX batteries last up to 50% longer than...
Defendants in Separate COVID-19 Business Interruption Suits Score Wins in Texas Courts
Sep 7 2020 // Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms. In one, an insurance agency was added to a restaurant...
Insurers, Covid-Hit Businesses May Be at Odds Over Interruption Claims for Disasters
Sep 4 2020 // As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break. Many companies that were damaged...
Florida Workers’ Comp Rates Going Down, Again
Sep 4 2020 // The downward trend for Florida workers’ compensation rates is set to continue next year thanks to favorable loss experiences from policy years 2017 and 2018. The latest filing from the National Council on...
How One Hospital Addresses Sexual Harassment Claims and Culture
Sep 3 2020 // Sexual harassment is not a new or rare phenomenon in the workplace, but since the #MeToo movement began in late 2017, more victims have come forward to report allegations of harassment at work, including at health care...
Hudzik-Presson Named Chief Claims Officer at Wisconsin’s Church Mutual
Sep 3 2020 // Becky Hudzik-Presson has been named chief claims officer at Merrill, Wisconsin-based Church Mutual Insurance Co. S.I., reporting to Scott Names, senior vice president – Shared Services and chief information...
Accusers Oppose $35M Weinstein Insurance Settlement of Sexual Misconduct Claims
Sep 3 2020 // Lawyers for Harvey Weinstein’s bankrupt film studio on Wednesday presented a revised proposal to settle sexual misconduct claims against the disgraced former producer, but an attorney for accusers pledged to oppose...
Family of Teen Killed Near Washington Protest Zone Files $3B Claims
Sep 2 2020 // The father of a 19-year-old Seattle man shot and killed in the Capitol Hill Organized Protest zone has filed wrongful death claims totaling $3 billion, seeking $1 billion each from the city of Seattle, King County and the...
Florida High Court Rejects Strems Bid to Dissolve Suspension; Contempt Petition Filed
Sep 2 2020 // A Florida attorney accused of causing great public harm through a “vast campaign of unprofessional, unethical, and fraudulent conduct,” by way of thousands of insurer lawsuits has lost his latest battle to...
Insurance Plays Key Role in Civil Rights Settlements Against Law Enforcement
Sep 2 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...
