Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Court Grants Facebook Preliminary OK to Settle Facial Recognition Privacy Claims
Aug 20 2020 // Facebook Inc. won preliminary approval late on Wednesday from a federal court for settlement of a lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The social...
Report: COVID-19 Workers’ Comp Claims on The Rise in California
Aug 19 2020 // The number of California workers’ compensation claims for COVID-19 continues to climb, according to a new report compiled by the California Workers’ Compensation Institute. Data from the Division of...
Replacement Cost and the 180-Day Limitation Myth
Aug 19 2020 // What is the best way to launch this article? I don’t know if I should say I’m itching for a fight or if it’s better to say that insurance carriers are misinterpreting coverage forms and I am trying to...
Class Action Claims E*Trade Failed to Warn About Risks From Oil Price Crash
Aug 19 2020 // One of the biggest U.S. brokerages has been hit with a class action lawsuit after the oil price crash in April led to hundreds of thousands of dollars in losses for its clients and allegations that the firm failed to...
States Say OxyContin Maker Purdue Pharma Owes $2.2 Trillion for Opioid Epidemic
Aug 18 2020 // U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP’s alleged role in America’s opioid epidemic, accusing the drugmaker in new filings of pushing prescription...
Lebanon’s Insurance Claims from Beirut Port Blast Total $425 Million, So Far
Aug 17 2020 // Insurance claims toward the massive explosion at the Port of Beirut have so far reached $425 million, according to a minister. Caretaker Economy Minister Raoul Nehme said 2,500 claims have been filed, according to the...
Judge Tosses Texas Barbershops’ Suit Against Insurer Over Coronavirus Losses
Aug 16 2020 // A federal judge has agreed with an insurer that a group of barbershops in the San Antonio, Texas-area have no basis for claims seeking coverage under their commercial insurance policies for business interruption losses...
Drugmakers Shielded from COVID Vaccine Liability But Funds for Injury Claims in Doubt
Aug 14 2020 // Americans who suffer adverse reactions to coronavirus vaccines that the U.S. is racing to develop will have a hard time getting compensated for injuries from the drugs. That’s because pandemic-related claims for...
Metal Shredder to Pay $875K to Settle Rhode Island Air Pollution Claims
Aug 14 2020 // A company that shreds scrap metal has agreed to pay the largest fine ever imposed under Rhode Island’s air pollution rules. Under a legal settlement announced Wednesday, Sims Metal Management will pay $875,000 and...
Mercedes-Benz Maker Daimler to Pay Nearly $3 Billion to Settle U.S. Diesel Claims
Aug 14 2020 // Daimler said on Thursday it has reached agreements costing nearly $3 billion to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat...
Swiss Re Builds Risk Scoring System, Aiming to Reward Safe Cars with Lower Premiums
Aug 14 2020 // A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist systems that help prevent a...
New York Regulator Takes Action to Expedite Isaias-Related Insurance Claims
Aug 13 2020 // The New York State Department of Financial Services (DFS) has taken action to help expedite the payment of insurance claims for New Yorkers affected by Tropical Storm Isaias. As the storm moved through the eastern portion...
UK Auto Insurer Admiral Reinstates Special Dividend as Claims Drop During Lockdown
Aug 12 2020 // Insurer Admiral reinstated its special dividend on Wednesday as it reported a jump in first-half earnings, the latest car insurer to benefit from a slump in claims as coronavirus lockdowns kept Britons off the road in...
COVID-19 a Growing Share of Shrinking Work Comp Claims in 2 States
Aug 11 2020 // COVID-19 has become a large chunk of a dwindling number of workers’ compensation claims in Florida and California, limited data shows. The number of COVID-19 workers’ compensation claims reported in California...
Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims
Aug 10 2020 // Global insurer Chubb announced appointments to two new executive positions. Chubb has named John Lupica as president of North America Insurance, the company’s largest division. Lupica is currently vice chairman,...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms
Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...
S. Africa’s Regulator to Clarify Policyholders’ Rights in Pandemic Insurance Claims
Aug 7 2020 // South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether insurers should pay rejected claims from firms hit by the impact of the coronavirus,...
D.C. Judge Rules For Insurer, Dismisses Restaurants’ Business Interruption Claims
Aug 7 2020 // The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption due to the coronavirus. In a case brought by the owner of several restaurants...
U.S. Eyes $13 Billion of Claims in Purdue Pharma Opioid Probes: Reuters
Aug 5 2020 // U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s...
UK Insurer Direct Line’s H1 Profits Beat Forecasts as Auto Claims Drop During Lockdown
Aug 4 2020 // Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump in motor claims as Britons drove less during the coronavirus lockdown. Britain’s biggest car...
