All the headlines from our Claims Topic Page, ordered by recency.
Sep 16 2016 // Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany’s...
Sep 12 2016 // The 11-year hurricane drought in Florida is officially over. While preliminary damage estimates and claims are still trickling in from Hurricane Hermine, Florida’s first named hurricane since 2005, the consensus from...
Sep 12 2016 // Lawyers who defend companies in product liability cases are celebrating an unusual order by a federal judge in Columbus, Georgia. In it, he told attorneys for the other side—the ones who represent injured...
Sep 9 2016 // Chipotle Mexican Grill has agreed to financial settlements with more than 100 customers who fell ill after eating at its restaurants last year, lawyers for the consumers said, as it attempts to move on from a string of...
Sep 9 2016 // The insurance brokerage Willis Towers Watson Plc has agreed to pay $120 million to settle litigation accusing it of helping now-imprisoned Texas financier Allen Stanford run a $7.2 billion Ponzi scheme, court papers...
Sep 7 2016 // Uber Technologies Inc.’s arbitration agreements were largely ruled by an appeals court to be valid and enforceable in a blow to driver efforts to secure the benefits and protections of employees in California.The...
Sep 7 2016 // Hundreds of banana farmers from Central America and South America will again have their day in court, after a U.S. appeals court on Friday revived six lawsuits accusing several big fruit and chemical companies of sickening...
Sep 7 2016 // Hurricane Hermine, the first hurricane to make landfall in Florida in 11 years, is not likely to have a significant impact on the financial condition of the Florida Hurricane Catastrophe Fund (FHCF) or Citizens’...
Sep 6 2016 // While Uber Technologies Inc. fights to keep its own drivers out of court with their grievances, it can’t force arbitration on Lyft Inc. drivers who accuse the ride-hailing behemoth of dirty tricks.Uber will have to...
Sep 6 2016 // Coverage Part A of the Commercial General Liability (CGL) policy is limited in scope, extending coverage to claims arising out of only bodily injury (BI) and/or property damage (PD). Couple Part A’s limited scope...
Sep 2 2016 // A new service promises to provide insurance claims adjusters with videos of losses without them ever having to leave their desks. The videos would be supplied by an Uber-like network of smartphone users and, eventually,...
Sep 1 2016 // Some traditional reinsurers have asserted that catastrophe bonds are unreliable in terms of paying claims after major events. A new Standard & Poor’s article rebukes that idea.“We have explored the claims...
Aug 31 2016 // After eight hurricanes in two years between 2004 and 2005, we haven’t seen a hurricane in Florida for over 10 years. Has the state learned from those storms? Are the insurance companies ready? What about the...
Aug 29 2016 // The Navigators Group Inc. has restructured its leadership team for its global claims organization.Glen Bronstein has been promoted to the newly created role of global chief claims officer. Bronstein joined Navigators to...
Aug 25 2016 // New Zealand led the world when it gave women the vote and introduced inflation targeting. Now it’s claiming another world-first: pizza delivery by drone.Domino’s Pizza Enterprises Ltd. has joined forces with...
Aug 23 2016 // Due to the damage and displacement caused by recent flooding, the Federal Emergency Management Agency (FEMA) has extended to 120 days the grace period to renew flood insurance policies in certain Louisiana parishes.The...
Aug 23 2016 // It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could...
Aug 23 2016 // The Federal Emergency Management Agency says it won’t repay Mississippi for nearly $30 million spent to retrofit homes after Hurricane Katrina unless the state can prove the money was well spent.The state failed to...
Aug 22 2016 // The rejection of a $100 million settlement with drivers comes with plenty of silver linings for Uber Technologies Inc. The gray cloud for the ride-hailing company is that a dozen or so lawsuits that would have been...
Aug 19 2016 // Uber Technologies Inc. may come out ahead by failing to win court approval of a $100 million settlement with drivers.A San Francisco federal judge rejected the agreement on Thursday, a turn of events that would typically...