Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
New York Considers Making Property Insurers Cover Taxi Claims Losses
Dec 12 2024 // New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. That measure is one of several...
CFPB Claims Supervision Over Google Unit, Which Promptly Sues
Dec 9 2024 // The Consumer Financial Protection Bureau said it’s claiming supervisory authority over Google Payment Corp., as the agency extends its oversight of nonbank financial platforms. The unit of Alphabet Inc. promptly...
Judge Says Southwest Must Face Bias Claims Over Free Flights for Hispanic Students
Dec 9 2024 // U.S. judge on Friday said Southwest Airlines must face a lawsuit by a prominent affirmative action opponent claiming a now-defunct program that awarded free flights to Hispanic college students was racially...
Aspiring Alabama Country Singer/Claims Adjuster Charged After Violating Bond at CMA
Dec 2 2024 // An Alabama public adjuster known as an aspiring country music singer has been re-arrested after reportedly violating the terms of his bond from an arrest earlier this year. Austin Tanner, of Orange Beach, also appears to...
Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion
Nov 22 2024 // Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg. Claims in cases by...
Florida Citizens’ Brass Tired of ‘Clickbait’ News on its Hurricane Claims Denials
Nov 22 2024 // Officials with Florida’s Citizens Property Insurance Corp. took issue Thursday with a number of national and Florida news reports that have suggested that the insurer has the “worst rate” on paying claims...
Bankruptcy Judge Approves Rockville Centre Diocese $320M Sex Abuse Claims Fund
Nov 19 2024 // A federal bankruptcy judge has approved a Chapter 11 plan for the Roman Catholic Diocese of Rockville Centre, New York that includes a $320 million fund to compensate victims of clergy sexual abuse and settles insurance...
Insurer, Contractors Allege Staged Injury Claims Scheme Under New York Scaffold Law
Nov 19 2024 // A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and...
Company Settles for $250K Over Hazardous Waste Claims at California Facility
Nov 18 2024 // The U.S. Environmental Protection Agency announced a settlement with a firm over claims of violations of hazardous waste regulations at the company’s facility in Irvine, California. Edwards Lifesciences LLC will pay...
Claims Analysis: Roofs Define Luxury Homes’ Insurability
Nov 18 2024 // The insurance industry is facing a significant rise in roof-related claims. The combination of increasingly severe weather events, inflation-driven repair costs and the growing issue of roofing scams has created a perfect...
Changing the Focus of Claims, Data When Talking About Nuclear Verdicts
Nov 18 2024 // The topic of nuclear verdicts took center stage at this year’s Target Markets Annual Summit in Scottsdale, Arizona, where a panel of carriers and reinsurers discussed rising settlement costs amidst an uncertain...
Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars
Nov 14 2024 // A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid to insureds for damages when their cars suddenly erupted in flames. According to the lawsuit, now in U.S....
Specialist Risk Group Acquires UK Claims Specialist One Claim Ltd.
Nov 12 2024 // Specialist Risk Group (SRG), the London-based specialist insurance intermediary, announced the acquisition of One Claim Ltd. Based in Essex, England, One Claim provides broker partners and their clients with claims...
People Moves: California Commissioner Makes Appointments to Advisory Committees; Braud Joins Aspire as VP of Casualty Claims
Nov 8 2024 // Commissioner Lara Makes Appointments to CAARP Advisory Committee, COIN Advisory Board, CEA Advisory Panel and Curriculum Board Ricardo Lara California Insurance Commissioner Ricardo Lara made several appointments to...
Agency Settles With Chicago Mortgage Firm Over Racial Discrimination Claims
Nov 5 2024 // The top U.S. consumer financial watchdog agency on Friday said it had reached a settlement in a long-running lawsuit with a Chicago mortgage lender over alleged racial discrimination. Under the terms of the proposed...
Claims From Hurricane Milton Continue to Rise in Florida
Nov 4 2024 // Two weeks after Hurricane Milton made landfall near Sarasota, Florida, as a Category 3 storm, claims and loss totals continue to rise. As of Oct. 21, the Florida Office of Insurance Regulation said carriers reported more...
Agency E&O Claims Trends to Watch
Nov 4 2024 // Special relationships, fiduciary duties, the hard market and disasters, are areas of exposure that agencies need to watch over when it comes to agency E&O, the experts say. Here’s why. Special Relationships One...
Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials
Oct 30 2024 // Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene and Milton spurred thousands of insurance claims. The Tennessee Department of...
Judge Cans North Carolina Captive’s Claims That Managers Stole Software
Oct 29 2024 // Six months after a North Carolina captive insurance firm for nursing homes around the country accused its managers of poaching proprietary software and forming a competing management company, a federal judge has dismissed...
Where’s the Meat? Lawsuit Claims Subway Sandwich Skimps on Filling
Oct 29 2024 // A new lawsuit accuses Subway of “grossly misleading” customers by advertising sandwiches that contain at least three times more meat than it delivers. According to a proposed class action filed on Monday in...
