All the headlines from our Claims Topic Page, ordered by recency.
Jun 16 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Jun 13 2016 // The winners of the first annual Innovation in Insurance awards include Allianz, AXA, Europ Assistance, MS&AD Insurance, and USAA.The program, jointly launched by Efma and Accenture, seeks to reward and foster...
Jun 13 2016 // One of two coverage “trigger” forms is used to provide liability protection: the “occurrence form” or the “claims made” form. Generally, there is no difference in the breadth of...
Jun 9 2016 // A new study by the Workers Compensation Research Institute (WCRI) found “noticeable decreases” in the amount of opioids prescribed per workers’ compensation claim in a majority of 25 states studied.The...
Jun 8 2016 // Penn State wants permission to appeal a judge’s ruling denying it insurance coverage for certain child sexual abuse claims related to former assistant football coach Jerry Sandusky.The Legal Intelligencer said Monday...
Jun 8 2016 // A tornado tore through the northeast of Hamburg on Tuesday evening, blowing off the roofs of several buildings, uprooting dozens of trees and damaging cars and a power line as storms that have raged across Europe this...
Jun 8 2016 // When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with “the financial costs of a claim or loss entirely on its own,” according to a...
Jun 8 2016 // San Diego, CA, June 8, 2016 –American Claims Management Inc. (ACM) has been selected as the third party claims administrator for the International Tourist Program of National Unity Insurance Company. The contract,...
Jun 7 2016 // Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices for policies.Claims linked...
Jun 6 2016 // Amazon.com scored its sixth annual victory in the 24/7 Wall Street Customer Service Hall of Fame last year, with 59 percent of customers reporting that they received excellent customer service from the e-commerce giant....
Jun 6 2016 // When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds.“You’re only as successful as the...
Jun 6 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Jun 3 2016 // BP Plc said it agreed to pay $175 million to settle claims by U.S. investors that its managers lied about the size of the 2010 Gulf of Mexico oil spill to prop up its stock price, removing the company’s last major...
Jun 3 2016 // Uber Technologies Inc. may have to return to the bargaining table to show just how badly it wants to avoid a jury trial with drivers demanding to be treated as employees.The world’s largest rideshare company faced...
Jun 2 2016 // Minnesota’s Diocese of St. Cloud says 74 claims of sexual abuse of minors have been made against it and none of the claims involve anyone who is currently in parish ministry. A three-year window that lifted the...
Jun 1 2016 // A recent analysis of the workers’ compensation “opt-out” system in Oklahoma concludes that employer-run plans for injured workers may offer benefits that are equal to or better than those provided by...
Jun 1 2016 // Nearly £36 million ($52.6 million) was paid in insurance claims to small businesses last year, due to customer insolvency or late payment, according to figures released by the Association of British Insurers (ABI).With...
May 31 2016 // The U.S. Supreme Court on Tuesday agreed to hear an appeal by State Farm contesting a jury finding that the insurance company defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005 along...
May 27 2016 // It’s health insurers’ cardinal rule: disclose pre-existing conditions.Now comes a case in which that familiar decree involves not a patient, but rather a $1.5 million surgical robot known as the da Vinci...
May 26 2016 // Marketform, the specialist Lloyd’s insurer, announce it has appointed Sharon Long to its executive team as claims director.Long’s appointment further strengthens the new leadership team that is driving the...