All the headlines from our Claims Topic Page, ordered by recency.
Jul 24 2017 // A hailstorm that pounded down on a Subaru dealership in Plano, Texas, barely lasted 30 minutes, but left behind a trail of smashed windows, dented hoods and millions of dollars’ worth of claims for an insurer to...
Jul 24 2017 // Deutsche Bank AG and JPMorgan Chase & Co. have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor...
Jul 24 2017 // Surplus lines insurers, your Illinois policies are exempt from all statutory bad faith claims. Or at least they’re arguably exempt. But whether arguable or actual, you should be moving to dismiss these claims at the...
Jul 24 2017 // Most leading legal malpractice insurers saw claims level off in 2016 although their cost to defend claims continued to escalate.A study by insurance broker Ames & Gough finds while the number of malpractice claims...
Jul 24 2017 // About 40 percent of employment practices liability policies (EPLI) that I review fail to cover allegations of employment-related breach of privacy. These range from complaints that the employer failed to protect sensitive...
Jul 21 2017 // Minnesota Commerce Commissioner Mike Rothman has fined two insurance companies for violating state consumer protection laws by refusing to pay auto accident claims for damage caused by drivers they insured.In recent...
Jul 21 2017 // A fired U.S. whistleblower investigator says his old employer didn’t take whistleblowers seriously enough. So he’s lodging a complaint — with the same ex-employer he claims doesn’t take...
Jul 19 2017 // A group representing German insurers says the rioting that accompanied the Group of 20 summit earlier this month could cost insurance companies up to 12 million euros ($13.8 million). Host city Hamburg saw three nights of...
Jul 19 2017 // Florida’s home insurers hope the public doesn’t blame them as they implement rate increases, initiate coverage changes and nonrenew policies. They say they have no choice after the Florida Legislature for the...
Jul 18 2017 // Insurers paid out around $19.5 billion for natural disaster claims in the first half of 2017, almost 40 percent less than the year-earlier payout of $32 billion, reinsurer Munich Re said on Tuesday.In addition, some $21.5...
Jul 18 2017 // The global recall of Takata Corp.’s defective air bags widened last week and the number of confirmed deaths rose, but legal experts said the bigger worry for car companies caught in the fallout is playing out in a...
Jul 17 2017 // Property damage claims from separate June storms in the Omaha, Neb., area could top $400 million. The Omaha World-Herald reports that an estimated 52,000 could be filed from June 16 and June 29 storms. State Farm...
Jul 14 2017 // Centauri Insurance has hired Cindy Gaul as assistant vice president of Claims.Gaul will be responsible for contributing to the company’s focus on customer service orientation, accuracy, innovation and oversight in...
Jul 12 2017 // A.M. Best has revised its outlook to negative from stable for Country-Wide Insurance Company, a family-owned auto insurance company based in New York, N.Y.A.M. Best also affirmed Country-Wide’s Financial Strength...
Jul 11 2017 // Most leading legal malpractice insurers saw their claims level off in 2016 although their cost to defend claims continued to escalate.A study by insurance broker Ames & Gough finds that while the number of new...
Jul 10 2017 // The insurer of London’s Grenfell Tower, where at least 80 people died in a devastating fire, raised its estimate for property and liability insurance claims to 50 million pounds ($65 million) on Friday [July...
Jul 10 2017 // Kansas City-based insurance broker Lockton has named Jeff Henningsen as president of its Houston property/casualty insurance operation.Henningsen will take on an expanded leadership role in business development for the...
Jul 7 2017 // The following letter to the editor was written by Citizens Property Insurance Corp. President, CEO and Executive Director Barry Gilway in response to an opinion piece from the Florida Association of Public Insurance...
Jul 7 2017 // Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global virus could change that.“It’s exceptionally likely that we will see an event over...
Jun 30 2017 // A federal judge in California on Wednesday allowed some claims to proceed by investors who sued Volkswagen AG over its diesel emissions scandal, but agreed to the German automaker’s request to dismiss parts of the...