Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
What Companies May Not Know About an Exclusion
Apr 15 2019 // Hiding in Their D&O Policies Many private companies believe that procuring a directors and officers liability (D&O) policy ensures that their executives are covered. But, does the D&O policy really protect...
Insurers Are Curious, Cautious When It Comes to Chatbots for Claims
Apr 15 2019 // The insurance industry is slowly recognizing the potential of chatbots to free up resources and improve customer service, even as it recognizes the potential of the technology to sour relationships with customers,...
Report Ranks California Top of Nation’s in Dog-Related Injury Claims
Apr 9 2019 // A report from carrier State Farm shows it paid $123 million dollars for 3,280 dog bite and injury claims, last year, a decrease of 9 percent compared with the number of dog bite claims in 2017 and a decrease of 7 percent...
Bedbugs Join Dogs, Deer, Birds, Cats in Keeping Insurance Claims Folks Up at Night
Apr 9 2019 // Dogs remain the undisputed champions at generating insurance claims, while deer, birds and cats are contributing their share of mayhem as well. But according to a review of 470,000 insurance claims over five years by...
Hoppe Joins BevCap Management in Texas as Claims, Risk Management Director
Apr 9 2019 // BevCap Management in McKinney, Texas, has added Curtis Hoppe as director of Claims and Risk Management. Hoppe brings over 24 years of professional experience in auto liability, general liability and workers’...
North Carolina Insurance Fraud Round-Up: March
Apr 9 2019 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of March 2019. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
AIG Offers to Settle 7 Defamation Claims Against Cosby; Comedian Asserts Innocence
Apr 8 2019 // American International Group, acting under a homeowner’s insurance policy it issued for comedian Bill Cosby, has settled defamation claims filed by seven women against the entertainer. Terms of the settlements were...
Arkansas Judge Refuses to Dismiss Claims Against Opioid Drug Makers
Apr 7 2019 // An Arkansas judge has rejected a request to dismiss the state’s lawsuit against three drugmakers that alleges they made false marketing claims about the benefits and risks of opioids, contributing to an increase in...
Oklahoma Alters Suit Against Opioid Drugmakers Before Trial
Apr 5 2019 // The state of Oklahoma narrowed its case against drug makers including Johnson & Johnson, Teva Pharmaceutical Industries Ltd. and Allergan Plc, dropping fraud and other allegations while pressing ahead with a...
Sorry, Laws Protecting Doctors Who Apologize Don’t Lessen Litigation
Apr 5 2019 // Laws intended to reduce malpractice litigation by protecting doctors who want to apologize don’t work, according to a new Vanderbilt analysis of proprietary insurance data. It turns out people sue for money and an...
Morones Promoted to Director of Claims at CompWest
Apr 4 2019 // CompWest has promoted Lila Morones to director of Claims. Morones has been with the company for 11 years. She has 28 years of insurance industry experience. In addition to CompWest, Intercare Insurance, Morones has worked...
Why Insurance Claims in Renewable Energy Industry Are Rising
Apr 4 2019 // The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy...
New York Judge Dismisses Some of Levine’s Claims Against Met Opera
Apr 3 2019 // A New York judge last week dismissed portions of a lawsuit filed by former Metropolitan Opera music director James Levine against the company last year. Levine was the Met’s music or artistic director from 1976-2016,...
California Jury Rules Chevron Must Pay $21M for Cancer Claims
Apr 2 2019 // A Northern California jury ordered Chevron Corp. to pay the families of two brothers who died of cancer a combined $21.4 million after concluding the company failed to properly warn the men about the dangers of a toxic...
Worley Claims Services Acquires Alacrity in Oregon
Apr 1 2019 // Worley Claims Services LLC has acquired Eugene, Ore.-based Alacrity Renovation Services LLC from Lowe’s Companies Inc. Terms of the deal were not disclosed. Worley, based in Fishers, Indiana, is a provider of...
Misdiagnosis Most Common Reason for Malpractice Claims, Studies Claim
Apr 1 2019 // Two recent studies underscored the significance of misdiagnosis as a source of medical malpractice claims. Coverys, a malpractice carrier based in Boston, reported that a review of 1,800 closed claims against physicians...
How Drones and Aerial Imagery Use Rose to New Heights Post 2018 Catastrophes
Apr 1 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Resolving Insurance Coverage and Claims Disputes
Apr 1 2019 // Avoiding Claim Disputes Through Prevention In last month’s column, I enumerated seven factors that enable one to avoid or prevent claim disputes: (1) Having a good historical perspective of the industry; (2)...
Michigan’s Unique Auto Fee Will Rise to $220 per Vehicle in July
Mar 29 2019 // Michigan’s mandatory fee to cover unlimited medical benefits for catastrophically injured drivers is rising to a record $220 per vehicle, which is more than double what it was a decade ago. The Michigan Catastrophic...
Hundreds File Claims Against Company in Wake of Texas Petrochemical Fire
Mar 28 2019 // A Houston-area petrochemical storage company that was heavily damaged by fire has received hundreds of compensation claims from residents seeking lost wages and other damages, a company executive said. Brent Weber, a...
