All the headlines from our Claims Topic Page, ordered by recency.
Jan 6 2017 // A U.S. consumer protection watchdog sued a Taiwan-based maker of home-networking equipment over claims that lax security left its products vulnerable to hackers.The Federal Trade Commission alleged that D-Link Corp. and a...
Jan 5 2017 // Allocated loss adjustment expense costs have increased sharply over the last several years despite implementation of many of the components of a workers’ compensation reform law intended to reduce total loss...
Jan 4 2017 // Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015’s payout of $27 billion, reinsurer Munich Re said in its annual natural catastrophe review on Wednesday.Earthquakes in...
Jan 3 2017 // Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues.The bank will pay $35 million to more than 500 financial...
Dec 30 2016 // On a first quarter results call W.R. Berkley Corp. President and CEO Robert Berkley cited a growing and alarming level of tension between carriers and distributors, driven by what he called a fight to grow margins in the...
Dec 29 2016 // A Miami man was arrested on multiple felony fraud and grand theft charges following an investigation by the Florida Department of Financial Services’ Division of Investigative and Forensic Services (DIFS). Julian...
Dec 28 2016 // A swarm of earthquakes in Nevada produced shaking in wide parts of Northern and Central California early this morning, including in Sacramento and Fresno.The first shock, a magnitude 5.7, occurred shortly after midnight...
Dec 28 2016 // The federal court case brought by 38 former National Football League players seeking to force the NFL to recognize chronic traumatic encephalopathy (CTE) as a covered disease under workers’ compensation has been...
Dec 28 2016 // Chubb announced that Graham Lambourne, currently Global Clients Claims manager, Europe, has been promoted to the role of head of Multinational Claims for Overseas General Insurance.Lambourne will be responsible for further...
Dec 28 2016 // Brentwood Services Administrators Inc. has selected Theresa Vinson as a new senior claim representative in the Raleigh, N.C., office, according to Jeff Pettus, president and CEO of BSA.In her position as senior claim...
Dec 22 2016 // A Google Inc. product manager has sued the company, accusing it of unlawfully prohibiting employees from sharing concerns with coworkers, shareholders or the press, and maintaining a “spying program” to prevent...
Dec 21 2016 // Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold in the United States as the German automaker on Tuesday took new steps to put its emissions cheating...
Dec 21 2016 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter Holland as claims director to lead the agency’s claims function.A...
Dec 19 2016 // A new study on California’s workers’ compensation system finds a “strong association” between attorney involvement and the high cost of cumulative trauma claims.The California Workers’...
Dec 19 2016 // Anthem Inc. and the U.S. Justice Department extended their clash over whether the insurer’s planned takeover of rival Cigna Corp. will raise costs, as government witnesses testified Friday that the deal will harm...
Dec 19 2016 // If a Dec. 1, 2016, hearing is any indication, Texas lawmakers will be encouraged in the coming legislative session to take up what the property/casualty insurance industry says is a problematic trend following severe...
Dec 19 2016 // Brentwood Services Administrators Inc. (BSA), headquartered in Brentwood, Tenn., has promoted Nick Saldana to the position of claim representative II in its Tennessee Claims Department, according to Jeff Pettus, president...
Dec 19 2016 // The Florida Supreme Court has ruled in favor of policyholders seeking coverage on claims where there is the possibility of multiple concurrent losses but at least one of the losses is covered under their policy.Though the...
Dec 19 2016 // The National Flood Insurance Program has paid out more than $162 million to victims in the five-state area hit by Hurricane Matthew–Florida, Georgia, North Carolina, South Carolina and Virginia, the Federal Emergency...
Dec 19 2016 // If a Dec. 1, 2016, hearing is any indication, Texas lawmakers will likely be encouraged in the coming legislative session to take up what the property/casualty insurance industry says is a problematic trend following...