All the headlines from our Claims Topic Page, ordered by recency.
Oct 21 2024 // As if it were yesterday, I vividly remember going to my first catastrophic fire loss with my dad at the young age of nine. It was a house fire in Sarasota involving a resident falling asleep with a lit cigarette. The...
Oct 21 2024 // The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on...
Oct 21 2024 // With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small...
Oct 21 2024 // As social inflation continues to exert pressure on the insurance industry, this is not only a financial issue, but one with far-reaching impacts on insurers, beneficiaries and society at large.Rising litigation costs,...
Oct 17 2024 // Publicly traded HCI Group, the Tampa-based holding company for Homeowners Choice Property & Casualty, TypTap and a new condominium insurance reciprocal, is one of the first Florida insurers to report estimated losses...
Oct 16 2024 // Johnson & Johnson must pay $15 million to a Connecticut man who alleges that he developed mesothelioma, a rare form of cancer, as a result of using the company’s talc powder for decades, a jury found on...
Oct 15 2024 // Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which...
Oct 15 2024 // Damage to private property from Iran’s recent missile barrage on Israel amounted to 150 million to 200 million shekels ($40 million to $53 million), according to figures provided by Israel’s tax authority,...
Oct 11 2024 // Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood...
Oct 10 2024 // With Hurricane Milton now expected to produce several hundred thousand wind-damage claims and with the storm coming so soon on the heels of Hurricane Helene, industry leaders are bracing for significant delays in claims...
Oct 7 2024 // The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on...
Oct 7 2024 // More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the...
Oct 7 2024 // The robots are coming — and in some cases, they’re here.Advancements in generative artificial intelligence are enhancing claims processes in many ways, from improving First Notices of Loss (FNOLs) to analyzing...
Oct 2 2024 // The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its motion to dismiss...
Oct 2 2024 // The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on...
Oct 2 2024 // The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported.The...
Oct 2 2024 // This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here.Markel Appoints 2 Senior Underwriters, 1 Claims Manager...
Oct 2 2024 // LITTLE ROCK, Ark. (AP) — Arkansas sued YouTube and parent company Alphabet on Monday, saying the video-sharing platform is made deliberately addictive and fueling a mental health crisis among youth in the state.Attorney...
Oct 2 2024 // Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to one centred around partnership and mutual benefit. In today’s market, claims is now at the...
Oct 1 2024 // The average cost of workers’ compensation claims in Delaware, for cases with more than seven days of lost work, went up by 3% per year between 2019 and 2022, according to a new study from the Workers Compensation...