All the headlines from our Claims Topic Page, ordered by recency.
Sep 7 2017 // Charles Taylor plc has agreed to acquire Metro Risk Management LLC, a Southern California-based third-party claims administrator, from Nautilus International Holding Corp. Terms of the deal were not disclosed. MRM provides...
Sep 6 2017 // Jodee Edwards had a home and auto insurance policy issued by insurer Encompass that excluded coverage for loss “arising out of sexual molestation, corporal punishment, or physical or mental abuse.” Edwards was...
Sep 6 2017 // Late in the afternoon on Aug. 31, a Dallas law firm filed a lawsuit to circumvent a new Texas law that went into effect on Friday, Sept. 1.The newly passed law, HB1774, was meant to curb hail lawsuit abuse, but after...
Sep 5 2017 // The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no catastrophic storm like Katrina or Harvey.The National Flood Insurance Program (NFIP) is currently on a path that...
Sep 4 2017 // New York Bus Operators Compensation Trust (NYBOCT), a Bay Shore, N.Y.-based group self-insured trust created by a number of New York passenger bus companies, has filed a complaint against Arthur J. Gallagher & Co.,...
Aug 31 2017 // Hurricane Harvey has set a U.S record, according to the National Weather Service, dumping 51.88 inches of rain in parts of Texas. As the tropical storm moves over southern Louisiana, claims catastrophe teams are moving in...
Aug 30 2017 // Ambiguity surrounding a Texas law that goes into effect on Sept. 1 has insurance industry representatives and attorneys who represent insurance policyholders sending conflicting messages to insureds who may have suffered...
Aug 30 2017 // The government-run U.S. flood insurance program had already received 35,000 claims as of noon on Wednesday as a result of catastrophic flooding in Texas, according to the program’s director. “This is a very...
Aug 30 2017 // A Colorado police officer indicted by a state grand jury was arrested on multiple felony counts for allegedly lying about his home and car being burglarized and collecting nearly $60,000 in fraudulent insurance claims.The...
Aug 30 2017 // So far, we’ve dealt with two statements:We do good! It’ll just take a few seconds!This last statement is part of the premise of many in the insurtech space, but it’s also something that we’ve been...
Aug 30 2017 // Fleets of commercial drones are primed to hover over the destruction from Tropical Storm Harvey in an unprecedented test of unmanned aircraft’s ability to assess billions of dollars in damage for the insurance...
Aug 29 2017 // A new study shows the prevalence of opioids in workers’ compensation claims involving mental health.The study by the California Workers’ Compensation Institute tracks changes in the prevalence, volume and...
Aug 29 2017 // The Texas Department of Insurance has issued several bulletins offering guidance to insurers related to Hurricane Harvey, which made landfall near Rockport, Texas, late on Aug. 25.The bulletins are in response to the...
Aug 29 2017 // Damages from Hurricane Harvey’s ravaging of Houston and the Texas Gulf Coast are estimated to be well below those from the major storms that hit New Orleans and New York in recent years, insurance executives have...
Aug 29 2017 // Lloyd’s of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that’s battering Houston, the epicenter of the U.S. oil industry.The storm, which which made landfall...
Aug 28 2017 // Nine neighbors living near Duke Energy’s unlined coal ash pits want North Carolina courts to block the nation’s largest electric company from offering a $5,000 payment to neighbors that give up the option of...
Aug 25 2017 // Nestle SA’s Poland Spring Water unit has duped American consumers into paying premium prices for ordinary ground water that’s pumped from some of Maine’s most populated areas, rather than from natural...
Aug 25 2017 // Ironshore Inc. has unveiled a Computer Emergency Response Team (CERT) to manage cyber claims across all product lines.CERT-Ironshore is a dedicated computer response team comprised of cyber claims coordinators representing...
Aug 23 2017 // Last week, we started a conversation about some of the common insurtech claims. Last week, we mentioned the statement from one particular company about all the good that they do. If you missed last week’s post,...
Aug 21 2017 // A federal jury has cleared Bayer AG and Johnson & Johnson of liability in the third case to go to trial out of thousands of lawsuits claiming the drugmakers’ blood thinner Xarelto led to severe internal...