Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims
Mar 7 2018 // Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Trudeau will focus on strengthening relationships with London market...
Romanian Firm UiPath Ascends as Leader in Automating Business Tasks Such as Claims
Mar 7 2018 // Romanian firm emerges as leader in automating business tasks Romanian software firm UiPath has raised $153 million in new venture financing, marking both the company’s rapid ascent as a leader in automating routine...
Managing Time Expectation for Claims Key to Keeping Homeowners Happy
Mar 6 2018 // Overall customer satisfaction among homeowners filing property insurance claims has reached a new all-time high, despite record-high property losses following a spate of hurricanes, earthquakes and fires in North America....
Florida Workers’ Comp Legislative Update: First Responder Benefits In, Attorney Fees Out
Mar 6 2018 // After two high-profile Florida Supreme Court cases threatened to significantly impact workers’ compensation rates in Florida in 2016, many insurance industry experts anticipated quick legislative action in 2017. But,...
Nautilus Names Joyce Chief Underwriting Officer; Lasky Chief of Claims
Mar 2 2018 // Excess and surplus lines carrier Nautilus Insurance Group has appointed Thomas Joyce as senior vice president, chief underwriting officer. Joyce has served as senior vice president, chief claims officer, since joining...
Wisconsin’s SECURA Promotes 5 to New Officer Positions
Feb 28 2018 // Appleton, Wisconsin-based SECURA Insurance promoted five leaders to newly created positions: Tamara Bates, regional vice president – Sales; Amy DeHart, vice president – chief actuarial officer; Jennifer Fisher, vice...
Facebook Settles Shareholders’ Claims Over 2012 IPO
Feb 27 2018 // Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company’s growth prior to its May 2012 initial...
D&O Insurers Warned on Competitive Pricing, Troubling Claims Trends
Feb 26 2018 // Property/casualty insurers in the directors and officers (D&O) liability insurance market may find it more difficult to maintain underwriting performance in 2018 than in recent years, according to Fitch Ratings, as...
New Jersey’s Innovative Coverage Concepts Appoints Eighmy as Director of Claims
Feb 21 2018 // Innovative Coverage Concepts LLC (ICC), a Parsippany, N.J.-based national wholesale broker and managing general agency (MGA), has appointed Brian L. Eighmy as director of claims. Eighmy has 20 years of experience in claims...
Lloyd’s Market Association Launches Claims Development Training Tool
Feb 20 2018 // The Lloyd’s Market Association (LMA) has launched the Claims Development Pathway, an interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every...
Duke Energy, North Carolina Coal Ash Neighbors End Dispute Over Future Claims
Feb 19 2018 // Neighbors of Duke Energy Corp.’s unlined coal ash pits in North Carolina went to court after the company said their $5,000 “goodwill” payments required them to give up future health claims linked to...
TDI: Nearly 670K Property Insurance Claims Generated in Texas by Hurricane Harvey
Feb 19 2018 // Hurricane Harvey resulted in nearly 670,000 in combined personal and commercial property insurance claims to private insurers, the Texas Windstorm Insurance Association (TWIA) and the Texas Fair Access to Insurance...
Ohio, Missouri Insurance Departments Return Tens of Millions in Claims Payouts to Consumers
Feb 19 2018 // The Ohio Department of Insurance helped recover $30.4 million for insureds in 2017 and the Missouri Department of Insurance helped consumers receive an extra $16.8 million in claims payments last year, insurance regulators...
Maryland Insurance Administration Recovers $11.7M in Claims Settlements in 2017
Feb 15 2018 // The Maryland Insurance Administration (MIA) responded to 12,188 consumer complaints and inquiries in 2017, facilitating claims settlements and refunds totaling $11,766,213 for Maryland consumers, according to a press...
Marine P&I Clubs Face Intense Pricing Pressures in February Renewals: A.M. Best
Feb 14 2018 // While the balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, underwriting discipline will be tested over the February 2018 renewal period, according to a report...
Nearly 670K Property Insurance Claims in Texas from Hurricane Harvey: TDI
Feb 13 2018 // Hurricane Harvey resulted in nearly 670,000 in combined personal and commercial property insurance claims to private insurers, the Texas Windstorm Insurance Association (TWIA) and the Texas Fair Access to Insurance...
‘No-Fault’ Pacts with Railroads Hold Amtrak Liable for Accidents It Didn’t Cause
Feb 13 2018 // Federal investigators are still looking at how CSX railway crews routed an Amtrak train into a parked freight train in Cayce, South Carolina, last weekend. But even if CSX should bear sole responsibility for the accident,...
UK Supermarket Group Tesco Faces Potential Equal Pay Claims of Up to $5.6B
Feb 7 2018 // Supermarket group Tesco is facing a potential bill of up to 4 billion pounds ($5.6 billion) in a record equal pay claim involving mainly women workers at its British stores, according to the law firm pursuing the case. If...
Brit Adds Ballantyne to Claims Team for North America
Feb 7 2018 // Christopher Ballantyne joined specialty insurer Brit Ltd.s claims team in the newly-created role of vice president of Delegated Claim Authority. Ballantyne will be responsible for the day-to-day oversight and performance...
AmWINS Completes Acquisition of Seacoast Brokers, Trident Claims Management
Feb 7 2018 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has completed the previously announced acquisition of Seacoast Brokers, LLC, and Trident Claims Management, LLC. Seacoast is a personal...
