Latest Claims Headlines

All the headlines from our Claims Topic Page, ordered by recency.

Want to Limit Roof Claims in Florida? Why Not a Roof Endorsement?

May 15 2023 // Editor’s note: The Florida Legislature’s 2023 regular session concluded May 5, but people in the property insurance industry continue to offer ideas for the state’s distressed market. Here’s one...

Catalytic Theft Claims Triple in Two Years, Crime Bureau Report Finds

May 12 2023 // Insurance claims for catalytic converter thefts nationwide jumped by 288% in just two years, the National Insurance Crime Bureau said in a new report.Claims rose from 16,660 in 2020 to 64,701 in 2022. Half of the thefts...

Towers Watson Hits Bump in Road to $80M Insurance for D&O Claims Over Willis Merger

May 10 2023 // A judicial panel of the Fourth Circuit Court of Appeals has ruled insurance broker Towers Watson may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related to the merger between...

New York Jury Has Wide Latitude to Decide Civil Claims Against Trump

May 8 2023 // The New York jury hearing an advice columnist’s claims that she was raped by Donald Trump could begin deliberations as soon as Tuesday, and it will have wide latitude in deciding the truthfulness of the allegations...

South Africa’s State-Owned Insurer Won’t Pay Claims for Grid Collapse

May 8 2023 // South Africa Special Risk Insurance Association told clients it won’t pay claims for damage related to a collapse of the national electricity grid, Business Day reported, citing a circular from the company.The...

A Look Back at Boston Marathon Insurance Claims

May 8 2023 // On April 15, 2013, two brothers placed pressure cooker bombs near the finish line of the Boston Marathon. The devices quickly detonated, killing three people, injuring more than 260 others, and causing property damage in...

People Moves: ARM Names Bulin Head of Investment Consulting; Egglestone Now Resilience Global Head of Claims; Meister Promoted at Distinguished

May 5 2023 // Egglestone Global Head of Claims at ResilienceResilience today promoted Tom Egglestone to global head of claims. Joining Resilience in July 2022 as international claims leader, UK and Europe, he will now be supporting...

NFL Investigated by Two States Over Sex Bias, Harassment Claims

May 5 2023 // State attorney generals in New York and California on Thursday launched a joint investigation into allegations that female employees of the National Football League (NFL) have been subjected to sex discrimination and...

Meta Faces Stiff Privacy Review as FTC Claims New Violations

May 4 2023 // Meta Platforms Inc. was accused by the Federal Trade Commission of repeatedly violating privacy promises it made to US regulators and now faces a possible government ban on launching new social-media products without an...

Summit Makes Grimm Senior VP of Claims

May 4 2023 // Summit Consulting, a manager of five workers’ compensation insurance companies in the Southeast, has named Robert Darin Grimm senior vice president of claims. Grimm Grimm, who holds a doctorate from the University of...

Markets/Coverages: Swiss Re, Insurtech Benekiva Partner to Offer L&H Claims Solution

Apr 28 2023 // Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution.The solution combines Benekiva’s state-of-the-art claims administration system...

Florida Insureds Can’t Force Interest on Late Claims Payments, Courts Say

Apr 28 2023 // Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on property insurers’ late claims payments. But the rulings have left some insureds and...

Verisk Acquires German Motor Claims Insurtech SV Krug

Apr 27 2023 // Verisk, a leading global data analytics and technology provider, has acquired Krug Sachverständigen GmbH, a Germany-based motor claims solutions provider. The acquisition expands Verisk’s claims and casualty...

People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk; BHSI Names Claims Execs in Germany; Aon’s Reins. Solutions Taps AXA XL’s Grigg for Cyber

Apr 26 2023 // This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance SolutionsA summary of these new hires follows here. Hiscox...

Sixth Circuit: No Coverage for Retaliation Claims Tied to Undisclosed Investigation

Apr 25 2023 // A federal appellate court on Friday reversed a $2.3 million award to a nursing home owner that sued its insurer, finding coverage for a whistleblower retaliation lawsuit was clearly excluded because the policyholder did...

New York Woman Pleads Guilty to $27K in False Claims for Aquatic Treatments

Apr 25 2023 // Eunice Ting, of Watervliet, New York, pled guilty last Thursday to making a false statement to obtain benefits from the Department of Labor’s workers’ compensation program.According to prosecutors, Ting...

Connecticut High Court Affirms Ruling Denying State Troopers’ PTSD Claims

Apr 25 2023 // Two state troopers who were struck by a car on an interstate exit ramp cannot collect damages for post traumatic stress disorder, but one of them can recover more money because his trial court award was improperly reduced...

Altria Faces First Trial Over Claims it Helped Market Juul to Teens

Apr 24 2023 // Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by San Francisco’s public school district accusing the company of fueling a teen vaping epidemic, along with e-cigarette maker Juul Labs Inc.The...

Viewpoint: D&O Market Conundrum — Softening Rates With Rising Claims Severity

Apr 19 2023 // Executive Summary: An uncertain economic landscape leading to a rise in claims, decreasing rates, and proposed US Securities and Exchange Commission regulations on environmental, social and governance disclosures (ESG) are...

Florida Insurers Facing a New 1% Assessment on Premiums for Insolvent Insurer Claims

Apr 18 2023 // Florida property insurers are preparing for another assessment on premiums to help the Florida Insurance Guaranty Association fund outstanding claims from an insolvent insurer.The 1% emergency assessment on all premium for...