Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
The Changing Risk and Liability Landscape: New Tech, New Loss Scenarios
Oct 19 2018 // Advancements in technology are changing the risk landscape irrevocably and driving potential big changes in liability, and other insurance, claims activity. The opportunities for business from new technologies such as...
RenaissanceRe Estimates Q3 Claims Costs of $155M from Natural Catastrophes
Oct 18 2018 // RenaissanceRe Holdings Ltd. announced it currently estimates that the cost of claims from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter...
Swiss Re to Post ‘Large’ Q3 Losses from Italy Bridge Collapse, Natural Disasters
Oct 18 2018 // Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms. Natural disaster claims,...
Regulators, Industry Seek to Keep Florida AOB Abuse In Check After Michael
Oct 18 2018 // Haley Nelson inspects damages to her family properties in the Panama City, Fla., spring field area after Hurricane Michael made landfall in Florida’s Panhandle on Wednesday, Oct. 10, 2018. (Pedro Portal/Miami Herald...
Facebook Facing Another Lawsuit Over Allegedly Misleading Advertising Claims
Oct 17 2018 // Facebook Inc. knew in early 2015 that it misled advertisers about the average time users spent viewing online video clips — and then lied about it, according to a lawsuit. The owner of the world’s largest...
Colleges Handling Surge in Claims of Past Sexual Harassment
Oct 16 2018 // For 35 years, Ruth D’Eredita tried to dismiss her former professor’s behavior — the way he touched her, groped her and kissed her. But last year, as dozens of women came forward to share similar encounters...
Florida Orders Insurers to Halt Rate Hikes; Sets Up Hurricane Michael Claims Village
Oct 16 2018 // Florida’s insurance regulator has issued an emergency order that ensures “additional protections” to Florida policyholders – including freezing any rate hikes for 90 days – to support recovery efforts...
More Washington Troopers Filing Carbon Monoxide Claims
Oct 15 2018 // Two more Washington State Patrol troopers plan to sue the state over carbon monoxide poisoning, bringing the total number of troopers intending to sue to seven. KOIN-TV reported Trooper Chad Prentice of Vancouver and...
Insurtech Partnerships: What Insurers Want and Get
Oct 15 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...
Monday Workers’ Comp Claims Not Changed by ACA: Report
Oct 15 2018 // Monday morning claims – or claims of worker injuries thought to be unrelated to their jobs and likely happening on the weekend – have not been altered by the Affordable Care Act (ACA), according to new research...
Reinsurers Including AIG’s Validus Await Hurricane Michael Claims
Oct 11 2018 // American International Group Inc.’s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his biggest acquisition is the one that can magnify the insurance giant’s...
In Event of Hard Brexit, Lloyd’s Commits to Pay All Valid Claims
Oct 10 2018 // Lloyd’s said it is working on transferring all European Economic Area (EEA) business to its EU headquarters, Lloyd’s Brussels, before the end of 2020 via a Part VII transfer. (Part VII transfers, in part,...
Autonomous Driving Hype Now at ‘Peak Absurdity,’ Claims Auto Dealer Group Leader
Oct 10 2018 // The auto industry is a long way from seeing autonomous vehicles and ride-hailing companies put an end to traffic deaths and personal car ownership, according to one of the top U.S. auto dealers. “We have reached peak...
Florida Regulator Urges Insurers to Respond Quickly After Michael, Says 500K Insureds At Risk
Oct 10 2018 // Fast-moving Hurricane Michael is expected to be a significant storm for the Florida Gulf Coast, and the state’s top insurance regulator says the insurance industry is ready to respond to whatever destruction it may...
Report: California Self-Insured Workers’ Comp Claim Frequency Rose Last Year
Oct 8 2018 // Workers’ compensation claim frequency reported by California’s private self-insured employers rose last year, the first increase in a decade, according to the California Workers’ Compensation...
Google Keeps Age Discrimination Claims Settlement Amount Secret
Oct 8 2018 // Google agreed to pay an undisclosed amount to settle the claims of job applicants who said the company discriminated against them on the basis of age. Daniel Low, a lawyer for the applicants age 40 and older, said the...
Florida Disaster Fraud Team Makes Arrest Over $30K in Fraudulent Irma Claims
Oct 5 2018 // A Palmetto Bay, Fla., man was arrested last month for allegedly defrauding Citizens Property Insurance Corp. of more than $30,000 relating to Hurricane Irma, according to a statement from Florida Chief Financial...
Mississippi Basketball Coach Sues Over Firing, Claims Age Discrimination
Oct 3 2018 // A former Mississippi basketball coach is suing over his dismissal claiming age discrimination. The Sun Herald reported Thursday former Long Beach High School coach Joel Boone field a lawsuit against the school district in...
Doctor’s Alleged Fraud Scheme Throws Medical Claims Review Process into Doubt
Oct 2 2018 // For years, Spyros Panos seemed like a successful orthopedic surgeon, seeing dozens of patients a day and bringing in millions of dollars in fees for his suburban New York medical group. In fact, he was inflating charges...
7 Red Flags to Spot Fraudulent Business Interruption Claims
Oct 1 2018 // Insurance is the safety net that protects individuals and companies in case of damage, theft, injury, illness or loss. Fire, floods, earthquakes, tornadoes and freak accidents can quickly decimate a thriving business. When...
