All the headlines from our Claims Topic Page, ordered by recency.
Sep 27 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 &...
Sep 22 2023 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is proposing amendments to Texas Administrative Code concerning claims for death benefits. The amendments and new section allow eligible...
Sep 21 2023 // The Florida Office of Insurance Regulation is reminding carriers that additional information about Hurricane Ian claims is due no later than Sept. 27.By law, the office is required to collect data after hurricanes. Simple...
Sep 18 2023 // BATON ROUGE, La. (AP) – Men incarcerated at Louisiana State Penitentiary filed a class-action lawsuit Saturday, contending they have been forced to work in the prison’s fields for little or no pay, even when...
Sep 18 2023 // A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its...
Sep 18 2023 // Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022, according to an AM Best report.“Reinsurers generally...
Sep 18 2023 // The property insurance industry breathed a sigh of relief after Hurricane Idalia landed in a less-populated part of the coast, triggering just a few billion dollars in losses. But regulators have urged insurers to make...
Sep 14 2023 // When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental impact before booking a flight, it said it was showing its commitment to a sustainable future.But...
Sep 14 2023 // A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case...
Sep 13 2023 // Florida’s Citizens Property Insurance Corp. has so far seen just about 2,000 claims from Hurricane Idalia, well below the threshold that would exhaust the carrier’s personal lines surplus and trigger a...
Sep 13 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...
Sep 11 2023 // Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a rise in claims, a report by Swiss Re Institute showed on...
Sep 11 2023 // The U.S. Justice Department reports that it has reached a settlement with Baltimore County, Maryland for relief and compensation for female fire department employees subjected to sexual harassment.The settlement resolves...
Sep 8 2023 // CHICAGO (AP) – A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices at more than 150...
Sep 8 2023 // Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and forcing...
Sep 8 2023 // Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos...
Sep 7 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 automated driving company Waymo partnered...
Sep 6 2023 // A Newark, New Jersey man has admitted that he conspired with others to defraud telephone providers and insurance companies out of millions of dollars by using stolen or fake identities to submit fraudulent claims for...
Sep 6 2023 // Verizon Business Network Services of Ashburn, Virginia, has agreed to pay $4,091,317 to resolve False Claims Act allegations that it failed to completely satisfy certain cybersecurity controls in an information technology...
Sep 5 2023 // The property insurance industry breathed a sigh of relief after Hurricane Idalia landed in a less-populated part of the coast, but regulators have signaled a need to make sure that claims from the area, now topping 10,000,...