Latest Claims Headlines

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

Report: It Takes 7 Years to Close Most California Workers’ Comp Claims

Nov 30 2022 // It takes seven years to close the vast majority of workers’ compensation claims in California, more than double the time in the median state.The Workers’ Compensation Insurance Rating Bureau of California...

New York Expects Lifting of Deadline to Bring Wave of Claims by Adult Sex Abuse Survivors

Nov 23 2022 // Sexual assault victims in New York will get a one-time opportunity to sue over their abuse starting Thursday, under a new law expected to bring a wave of allegations against prison guards, middle managers, doctors and a...

New York Permitting Out-of-State Adjusters to Expedite Snowstorm Claims

Nov 22 2022 // The New York Department of Financial Services announced it will issue temporary permits to qualified out-of-state independent insurance adjusters in order to expedite insurance claims in light of the winter storm that hit...

Washington Commanders Settle Season Ticket Claims With Maryland

Nov 22 2022 // The Washington Commanders have agreed to return security deposits to former season ticket holders and pay a $250,000 penalty in a settlement with the state of Maryland.The team has 30 days to return fans’ deposits as...

Lloyd’s of London Estimates Claims From Hurricane Ian of US$2.3B-US$3B

Nov 21 2022 // Lloyd’s announced that the market’s claims from Hurricane Ian are estimated to be in the range of US$2.3 billion – US$3 billion, net of reinsurance, based on Q3 data provided by Lloyd’s...

Insurers Say ‘Bazooka’ of Bogus Boys Scouts Claims Is Abuse of Bankruptcy System

Nov 21 2022 // A group of insurers — including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers — are challenging an approval of the Boy Scouts of America’s $2.46 billion bankruptcy...

New SEC Disclosure Rules May Drive Up D&O Claims

Nov 21 2022 // New rules proposed by the U.S. Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors and officers (D&O) policies,...

Florida Citizens Expects 5,000 claims and $63 Million in Losses from Nicole

Nov 17 2022 // Citizens Property Insurance Corp. has released its first estimate on losses from Hurricane Nicole, a category 1 storm that hit Florida’s east coast Nov. 10.Modeled losses plus loss adjustment expenses – but not...

AI-Powered Claims Specialist omni:us Closes €12M Financing Round

Nov 15 2022 // omni:us, the Berlin-based provider of artificial intelligence-powered insurance claims automation, has closed its €12 million ($12.4 million) Series A+ expansion financing round with W&W subsidiary Württembergische...

AI Algorithms, Strict Place-of-Work Rules Potential Trouble Spots for Employment Claims

Nov 15 2022 // SAN DIEGO — Technological innovations and changing work arrangements brought on by the COVID-19 pandemic are among some of the emerging issues that can make employers vulnerable to discrimination lawsuits, a top...

Aircraft Lessor BOC Aviation Sues 16 Insurers Over Claims for Jets Stuck in Russia

Nov 14 2022 // BOC Aviation Ltd. has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that are stuck in Russia, an Irish High Court filing shows.The insurers named in the proceedings, which the...

Insurers Say ‘Bazooka’ of Bogus Boy Scouts Claims is Abuse of Bankruptcy System

Nov 10 2022 // A group of insurers – including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers – are challenging an approval of the Boy Scouts of America’s $2.46 billion bankruptcy...

Chubb Agrees to Defend Basketball Hall of Fame Against Unlawful Funding Claims

Nov 10 2022 // The Basketball Hall of Fame has succeeded in getting Chubb subsidiary Federal Insurance Co. to defend it in a case accusing the museum of unlawfully securing funds for renovations to its facility.Documents filed in the...

New SEC Disclosure Rules May Drive Up D&O Claims

Nov 10 2022 // SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies,...

California Workers’ Comp Bureau Study Shows Higher L.A. Claims Frequency

Nov 10 2022 // The Workers’ Compensation Insurance Rating Bureau of California released its 2022 WCIRB Geo Study, which underscores regional differences in claim characteristics across California.Key findings include: Even after...

Hurricane Ida Paid Claims in Louisiana Grows to $13.9B

Nov 8 2022 // Insurers have paid or reserved to pay $13.9 billion on all types of Hurricane Ida-related claims in Louisiana through September 30, Insurance Commissioner Jim Donelon announced today. This data is the final measure of...

CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources

Nov 2 2022 // CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains of mishandling opioid...

NFIP: 43,000 Flood Claims and $273 Million Paid So Far After Hurricane Ian

Nov 2 2022 // The Federal Emergency Management Agency is reminding flood insurance policyholders hit by Hurricane Ian that they have an extra three months to renew their expiring policies.The agency said last week that Florida property...

Tesla Faces U.S. Criminal Probe Over Self-Driving Claims

Oct 27 2022 // Tesla Inc. is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said.The U.S. Department of Justice...

Auto Policyholders’ Claims Satisfaction Wanes: J.D. Power

Oct 27 2022 // Well documented are the pains insurers are facing while trying to keep up with rising claims frequency and severity in auto lines. J.D. Power’s newest study on claims satisfaction reveals the frustration has trickled...