All the headlines from our Claims Topic Page, ordered by recency.
Dec 30 2015 // The Federal Emergency Management Agency (FEMA) still has thousands of Superstorm Sandy claims review cases that are waiting to be examined, latest figures show.FEMA said that as of Dec. 11, the agency has closed 2,694...
Dec 29 2015 // Insurers are facing some of the costliest British floods on record as large parts of northern England, already inundated, brace for more heavy rain.Accountants estimate that insurers are currently facing a bill of up to...
Dec 21 2015 // The mega-storm that devastated South Carolina in early October is estimated to have cost more than $1.4 billion with insurers paying around $181 million of those losses in claims, so far.South Carolina Gov. Nikki Haley...
Dec 21 2015 // Citizens Property Insurance Corporation’s Board of Governors approved a slate of policy changes Dec. 8 to bolster oversight of water loss claims while continuing to protect policyholders who need immediate emergency...
Dec 21 2015 // The Delaware Department of Insurance is reminding auto insurers that broad release language in settlement agreements which technically preclude a personal injury protection (PIP) carrier from pursuing its subrogation claim...
Dec 17 2015 // The 1990s may be over but patents from that era live on.U.S. courts are seeing a rash of lawsuits involving old and sometimes expired patents as companies try to squeeze the last bit of profits from their 20-year-old...
Dec 15 2015 // The Delaware Department of Insurance is reminding auto insurers that broad release language in settlement agreements which technically preclude a personal injury protection (PIP) carrier from pursuing its subrogation claim...
Dec 10 2015 // A Louisiana ship-building company will pay $8.5 million to settle a 2011 lawsuit arising from modifications made to ships for the Coast Guard, the U.S. Justice Department said.The lawsuit alleged that Bollinger Shipyards...
Dec 10 2015 // General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long...
Dec 10 2015 // The average large business interruption (BI) property insurance claim is now in excess of $2.4 million, 36 percent higher than the corresponding average property damage claim of just over $1.7 million, according to a...
Dec 9 2015 // In Citizens Property Ins. Corp. v. Perdido Sun Condominium Ass’n, Inc., 164 So.3d 663 (Fla. 2015), the Florida Supreme Court held that Citizens Property Insurance Corporation, a state-created entity that provided...
Dec 9 2015 // Citizens Property Insurance Corporation’s Board of Governors on Wednesday approved a slate of policy changes to bolster oversight of water loss claims while continuing to protect policyholders who need immediate...
Dec 9 2015 // A San Francisco judge who is the brother of Supreme Court Justice Stephen Breyer will oversee more than 500 consumer lawsuits against Volkswagen AG over claims of economic losses connected to rigged emissions-testing...
Dec 9 2015 // Hiscox appointed Bryan Falchuk as head of Claims for its Hiscox USA business unit. Falchuk will be based in Atlanta and replaces former Head of Claims Nicole Goodwin, who became chief underwriting officer of the business...
Dec 8 2015 // The mega-storm that devastated South Carolina in early October is estimated to have cost more than $1.4 billion with insurers paying around $181 million of those losses in claims, so far.South Carolina Gov. Nikki Haley...
Dec 8 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line.But one would...
Dec 8 2015 // Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories...
Dec 7 2015 // The South Carolina Supreme Court has reversed a decade old precedent-setting decision in which it dismissed a legal malpractice case based on the expiration of the statute of limitations and in doing so adopted a new rule...
Dec 3 2015 // Target Corp. will pay about $39 million to banks and credit unions to resolve losses from a 2013 holiday- season data breach, as retailers and financial institutions continue to grapple with the costs of major hacker...
Dec 2 2015 // A Texas company that operates nursing care facilities will pay nearly $3.2 million to settle allegations of receiving kickbacks from ambulance companies.Regent Management Services of Galveston oversees 11 nursing...