All the headlines from our Claims Topic Page, ordered by recency.
Oct 20 2017 // Swiss Re, the world’s second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States and from two earthquakes in Mexico at roughly $3.6 billion in the third...
Oct 20 2017 // General Motors Co. has agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general and the company said on Thursday.The largest U.S....
Oct 20 2017 // Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet.Tens of thousands of evacuees...
Oct 19 2017 // Zurich Insurance Group estimates that Hurricanes Harvey, Irma and Maria will aggregate claims in the third quarter of approximately US$700 million, net of reinsurance and before tax.After tax, the losses are expected to be...
Oct 18 2017 // The Massachusetts Supreme Judicial Court has reversed a Superior Court decision in favor of a law firm in a legal malpractice suit.The plaintiff, Kiribati Seafood Company LLC, brought the legal malpractice claim against...
Oct 18 2017 // The bill for compensating families of those who died in the Grenfell Tower fire in London may be as low as 4 million pounds ($5 million), according to several lawyers and a Reuters analysis of how damages laws apply in...
Oct 18 2017 // Georgia’s estimated insured losses from Hurricane Irma have climbed to more than $550 million, with insurers reporting approximately 103,163 claims filed so far, according to Georgia Insurance Commissioner Ralph...
Oct 17 2017 // Seattle, Wash.-based PEMCO Insurance has named M.J. Vigil to its executive team as the company’s new vice president of people and brand.PEMCO also named Paul Barry to its executive leadership team as vice president...
Oct 17 2017 // Residents and businesses in nine West Virginia counties left without tap water during a 2014 chemical spill can start filing claims.According to a website set up to handle claims, forms were being accepted both online and...
Oct 16 2017 // The insurance industry in Texas is not happy with the state’s so-called Hurricane Harvey recovery czar.Texas A&M University Chancellor John Sharp, who was named by Gov. Greg Abbott to lead the Commission to...
Oct 15 2017 // California Insurance Commissioner Dave Jones over the weekend issued a notice to insurers asking them to agree to expedited claims handling procedures for wildfire damage claims to help fire victims more quickly.Several...
Oct 12 2017 // In the wake of three devastating hurricanes this season, many carriers and vendors used drones and airplanes to assess structural storm damage. This use of aerial imaging combined with machine learning has fostered...
Oct 11 2017 // Two West Virginia men have been sentenced for their roles in filing false insurance claims for vehicle accidents.Federal prosecutors say the accidents were staged from 2012 to 2014 in Taylor, Harrison and Marion counties....
Oct 10 2017 // Baton Rouge, La.-based LUBA Workers’ Comp has named Russell Michiels as manager of its claims department. He will oversee all claims operations and medical bill reviews, ensure compliance with state and federal...
Oct 6 2017 // The insurance industry in Texas is not happy with the state’s so-called Hurricane Harvey recovery czar.Texas A&M University Chancellor John Sharp, who was named by Gov. Greg Abbott to lead the Commission to...
Oct 5 2017 // The Pennsylvania Supreme Court unanimously affirmed a decision by the state’s Superior Court that although ill-will or malice is one factor that can be used to assess insurer bad faith, it is not a prerequisite for...
Oct 3 2017 // This week, the U.S. Supreme Court is considering whether employees have the right to bring class actions against their bosses. With the court’s Republican majority restored this year by President Donald Trump, labor...
Oct 3 2017 // Liberal U.S. Supreme Court justices on Monday defended the right of workers to bring class-action claims against companies but their conservative counterparts who are in the majority sounded skeptical in the biggest...
Oct 1 2017 // Puerto Rico’s island-wide power outage will mean a surge in insurance claims for lost business income that will increase the already high cost of damage caused by Hurricane Maria, likely tipping some big reinsurers...
Sep 28 2017 // In 2016, Colorado and Texas homeowners suffered the greatest percentage of catastrophic losses due to extreme weather and other perils, according to a study of home insurance trends.The six-year LexisNexis Risk Solutions...