Insurtech Startup With Claims Monitoring Platform Raises $30M November 4, 2021 Insurtech startup owl.co Labs Inc. raised $30 million in new venture capital. Many plans are in play to spend the...
Mercury Insurance Reports a 40% Spike in California Comprehensive Car Claims October 14, 2021 Mercury Insurance is reporting a dramatic increase in vehicle vandalism and auto theft in California, with comprehensive auto insurance claims...
People Moves: Beazley Promotes Turk to Head of Strategy; Everest Hires Chubb’s McBride as Head of Claims; Pen Names Hiscox’s Dixon as Head of Tech September 22, 2021 This edition of International People Moves details promotions and appointments at three insurers: Beazley, Everest Insurance and MGA Pen Underwriting....
Judge Tosses Most Claims in Oregon Armed Occupation Death Suit August 19, 2021 A federal judge has tossed most of the civil claims brought in a wrongful death lawsuit by the family of...
California Landscaper Arraigned for Alleged Workers’ Comp Fraud August 4, 2021 Frank Simplicio, 45, of Porter Ranch, Calif., was arraigned on multiple felony counts of insurance fraud and perjury. A California...
Claims Adjuster Global Risk Solutions Appoints 4 to Complex Claims Unit in London July 28, 2021 Global Risk Solutions Group Inc., the Miami-based P/C claims adjuster, has enhanced its Complex Claims Solutions (CCS) business unit with...
California Workers’ Comp Report: Private Self-Insured Indemnity Claim Frequency, Paid & Incurred Losses Spiked in 2020 July 21, 2021 Workers’ comp claim frequency among California’s private self-insured employers rose in 2020, fueled by a big increase in the incidence...
California Healthcare Provider Paying $37M to Settle Whistleblower Lawsuits July 21, 2021 Southern California-based Prime Healthcare Services and two of its doctors will pay $37.5 million to settle whistleblower lawsuits that claimed...
Australia Weighs Capping Fees for Litigation Funders, Lawyers as Class Actions Surge May 28, 2021 By Paulina Duran SYDNEY – Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for...
California Man Charged for Scheme Involving Lost Cellphone Claims April 26, 2021 Thein Kevin Nguyen, 31, of Sacramento, Calif., has been charged with one felony count of fraud for allegedly running a...