Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Texas Still the State with the Most Hail Claims
Sep 2 2019 // Texas ranked as the state with most annual hail claims — by a wide margin — over the past three years, according to the National Insurance Crime Bureau (NICB). The NICB said in a media release that a review of...
More Tesla Solar Panel Claims Emerge; 2 Home Insurers Allege Negligence
Aug 29 2019 // One evening last year, David Burek noticed charred wood and a burning smell in his attic, near his young sons’ bedroom. He climbed a ladder and saw a melted connector wire from the solar panels installed on the roof...
$900K in Claims Paid to Settle Against Police Chief in New Mexico
Aug 28 2019 // The state of New Mexico acknowledged Monday that it paid out $900,000 to three State Police officials who complained of workplace discrimination and retaliation by the state’s former police chief. The payout is the...
Fake Claims, Price Gouging, Bogus Contractors: How Fraudsters Steal Disaster Aid
Aug 23 2019 // As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline...
Early Claims and Crash Tests Suggest Risks of Luxury, SUV Electric Vehicles
Aug 23 2019 // Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French...
Wells Fargo Settles Navajo Nation Claims Over Fake Accounts for $6.5 Million
Aug 23 2019 // Wells Fargo & Co. will pay the Navajo Nation $6.5 million to settle a lawsuit over “predatory and unlawful practices” by the bank, the Native American tribe said on Thursday. The Navajo Nation sued Wells...
Crying Robots Aside, Insurance Industry Shouldn’t Fear Artificial Intelligence: Viewpoint
Aug 22 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...
Drug Maker Endo Skirts Trial, Settles Its Opioid Claims for $11 Million
Aug 21 2019 // Endo International Plc agreed to an $11 million settlement to avoid going to trial in the first federal court cases targeting opioid makers and distributors over the public-health crisis caused by the painkillers. Endo...
PG&E Will Face Jury Over Billions in Damages from Massive California Wildfire
Aug 20 2019 // Victims of the second-most destructive fire in California history will get a chance to try and persuade a jury that PG&E Corp. should pay them as much as $18 billion in damages. U.S. Bankruptcy Judge Dennis Montali on...
In Review of Hail Claims Cases, Texas High Court Clarifies Bad Faith in Appraisal Process
Aug 19 2019 // An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act,...
Texas Still Tops for Hail Claims
Aug 16 2019 // Texas ranked as the state with most annual hail claims — by a wide margin — over the past three years according, to the National Insurance Crime Bureau (NICB). In a media announcement, the NICB said a review of claims...
3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith
Aug 15 2019 // Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle. The new car was twice...
Northern California Wildfire Victims Can File Claims With PG&E
Aug 14 2019 // People affected by wildfires in Northern California in 2017 and 2018 can soon file claims for housing assistance and other immediate needs with Pacific Gas & Electric Co. They can file their claims online through the...
4 Facts that the Number of Open Michael Claims Won’t Tell You
Aug 14 2019 // Much is being made of a recent call by Florida Insurance Commissioner, David Altmaier, for insurance companies to “redouble efforts to resolve all open claims…” related to Hurricane Michael. Here’s the...
Delaware Woman Indicted for $16K of Fraudulent Insurance Claims
Aug 12 2019 // A Wilmington, Del., woman was indicted by the New Castle County Grand Jury for insurance fraud and other felony charges. Theresa T. Milton was indicted on seven felony counts of insurance fraud, one felony count of theft...
Report Bayer Offered $8 Billion to Settle Roundup Claims Is ‘Fiction,’ Says Mediator
Aug 11 2019 // Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as...
Greenlight Re Innovations Invests in Australia Property Claims Platform Handdii
Aug 9 2019 // Greenlight Re Innovations (GRI), a subsidiary of Greenlight Capital Re Ltd., announced it has made a strategic investment in Handdii Pty Ltd., a property insurance claims fulfillment platform. Melbourne, Australia-based...
Coinbase Must Face Buyers’ Negligence Claims Over ‘Hasty’ Launch of Its Bitcoin Cash
Aug 9 2019 // Coinbase Inc. must face a negligence lawsuit for allegedly botching the launch of its digital currency bitcoin cash, or BCH, through an apparent “incompetence born of haste,” a judge ruled. U.S. District Judge...
How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion
Aug 8 2019 // Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value. The U.S. workers comp insurance market is forecast to earn revenues of $55 billion in...
New Hurricane Response Tools from Munich Re Aim to Improve Claims Experience
Aug 7 2019 // Munich Re has launched a new suite of hurricane response tools designed to help insurance companies assess widespread property damage after a hurricane and improve their customers’ claims experience. Developed by...
