All the headlines from our Claims Topic Page, ordered by recency.
Oct 31 2023 // A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives concealed the extent of underwriting losses after Hurricane Ida, even as...
Oct 27 2023 // An auto parts shortage combined with longer cycle times for repairs has contributed to repairs taking an average of about 23 days in 2023, up an average of a little more than 6 days from 2022 and more than double the...
Oct 24 2023 // The Hartford said Stephen Deane will return to the company as chief claims officer effective Nov. 6 after he spent the last three years at Liberty Mutual Insurance, where he served as executive vice president and chief...
Oct 24 2023 // Munich Re raised its profit target for the year as lower-than-expected claims helped push earnings in the third quarter past analysts’ estimates.The reinsurer said it expects a profit of €4.5 billion ($4.8 billion)...
Oct 17 2023 // A lawyer for Donald Trump told a London judge Monday that the ex- president plans to prove that a discredited report by a former British spy that contained “shocking and scandalous claims” that he was...
Oct 16 2023 // This edition of International People Moves details appointments at WTW and QBE Europe.A summary of these new hires follows here. WTW Risk & Broking Names Marsh’s Powell as Chief Claims OfficerWTW, the advisory,...
Oct 16 2023 // The Mississippi sheriff who leads the department where former deputies pleaded guilty to a long list of state and federal charges for the torture of two Black men has asked a federal court to dismiss a civil lawsuit...
Oct 16 2023 // While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results.According to the U.S. Property &...
Oct 16 2023 // A notice in Uber’s digital registration process requiring ride-share customers to take any individual claims to arbitration is enforceable, a New Jersey appeals court has ruled in a case involving passengers injured...
Oct 13 2023 // Google said on Thursday that it will defend users of generative artificial-intelligence systems in its Google Cloud and Workspace platforms if they are accused of intellectual property violations, joining Microsoft, Adobe...
Oct 10 2023 // This edition of International People Moves details appointments at Gallagher Re and Sompo International.A summary of these new hires follow here. Gallagher Re Taps RenRe’s Allard to Lead Global Credit & Political...
Oct 4 2023 // Nearly two months after the deadly Maui wildfires, Hawaiian Electric Co. revealed the limited scope of insurance coverage it holds in the face of potentially billions of dollars in damage claims.Hawaiian Electric has $165...
Oct 4 2023 // Hong Kong insurance claims caused by natural disasters may climb to a record and exceed $500 million this year should approaching Typhoon Koinu add to this storm season’s damages, according to Bloomberg...
Oct 2 2023 // A California federal judge has ruled that a group of people who own cars made by Tesla Inc must pursue claims that the company misled the public about its autopilot features in individual arbitration rather than court.The...
Oct 2 2023 // Health insurer Cigna Group says it has reached a settlement with the United States over claims it overcharged the government’s Medicare Advantage program by making it appear patients were more ill than they actually...
Oct 2 2023 // The Archdiocese of Baltimore announced Friday it filed for Chapter 11 bankruptcy reorganization days before a new state law goes into effect removing the statute of limitations on child sex abuse claims and allowing...
Oct 2 2023 // A new study has revealed that autonomous-vehicle technology reduced bodily injury claims frequency by 100% and property damage claims frequency by 76%.Global reinsurer Swiss Re and automat- ed driving company Waymo...
Sep 29 2023 // Additional arrests are expected after a 41-year-old south Florida claims adjuster was charged this week in an elaborate scheme that allegedly rang up more than $11 million in fraudulent insurance payments to hundreds of...
Sep 29 2023 // New Jersey`s Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for...
Sep 28 2023 // The Florida-based company that produces a quicker way to bag leaves is now offering a tool that it says makes filling sandbags three times faster, potentially saving property owners time before floodwaters rise.The Sandbag...