Latest Claims Headlines

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

People Moves: Lim Promoted to CEO, Howden Singapore; Liberty Specialty Mkts. Hires Lim for Aviation Claims; OdysseyRe Taps Everest’s Finnegan for U.S. General Casualty

May 4 2022 // This edition of International People Moves details appointments at Howden Singapore, Liberty Specialty Markets and OdysseyRe.A summary of these new hires follows here. Lim Promoted to CEO of Howden SingaporeHowden, the...

People Moves: WTW Grows Relations Team; Liberty Mutual Names 3 Execs; BHSI Promotes Reid; Waters Takes FM Global Climate Post; Doroff Heads Mosaic Claims

May 2 2022 // WTW Bolsters Relations Team with 3 Appointments in North AmericaGlobal insurance broker Willis Towers Watson recently announced three key appointments: Joe LaRocco has been appointed head of Industry – Broking, North...

Dog-Related Claims Cost U.S. Home Insurers Nearly $900M in 2021

May 2 2022 // Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2021, costing $881 million, according to an analysis by the Insurance Information Institute...

Malpractice Insurance Premiums Increased 22%, Despite Fewer Claims

May 2 2022 // The number of malpractice claims filed against hospitals and physicians dropped 14% in 2020, even as premiums rose 22% on average, according to the most recent report by the American Society for Health Care Risk Management...

Louisiana Insurers Have Paid or Reserved $12.1B on Ida Claims

Apr 29 2022 // Louisiana Insurance Commissioner announced insurers have paid or reserved $12.1 billion on all types of Hurricane Ida-related claims in Louisiana through March 31. This data is the second measure of damage from Hurricane...

TPA’s Quick Denials of First Responders’ Workers’ Comp Claims Draw Penalty

Apr 29 2022 // A workers’ compensation insurer must pay $100,000 under an agreement with Vermont state regulators because its claims administrator gave short shrift to claims for post-traumatic stress disorder and other...

SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams

Apr 29 2022 // The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures about the safety of its dams ahead of a 2019 disaster that killed 270...

New Hampshire Restaurants Pay $890K to Settle Back Wages Claims

Apr 28 2022 // Two New Hampshire restaurants in Derry and Londonderry and their owner have agreed to pay $890,169 to 63 employees to resolve numerous violations of the Fair Labor Standards Act following a U.S. Department of Labor...

Tesla Insurance Turning ‘Nightmare’ Claims Experience Into ‘Dream’: Musk

Apr 22 2022 // Tesla is “trying to turn a nightmare into a dream with Tesla Insurance,” Chief Executive Officer Elon Musk said Wednesday.His final words during an earnings conference call that lasted more than an hour came as...

Massachusetts: First State Top Court Gives Industry a Win in Covid-19 Claims Case

Apr 21 2022 // The Massachusetts Supreme Judicial Court, in the first state high court ruling on the question, has sided with an insurer and an insurance agency in finding that the Covid-19 losses claimed by three restaurants were not...

Claims Inflation, Weakening Price Momentum Could Hit Reinsurer, London Mkt Profits

Apr 21 2022 // The global reinsurance and London market sectors face increased risks from rising claims inflation, financial market volatility and weakening price momentum, according to a commentary published by Fitch Ratings.As a...

Secondary Perils Responsible for Growing Share of Disaster Claims: RMS

Apr 18 2022 // Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of...

Florida Consumer Advocate, Attorneys Concerned about Growing Use of Arbitration in Claims Disputes

Apr 18 2022 // Plaintiffs’ attorneys and Florida’s insurance consumer advocate are pushing back on insurers’ plans to require arbitration to settle more claims disputes. Some attorneys warned that the plans could lead...

Affidavit of Merit Not Needed in Vicarious Liability Claims, Rules New Jersey High Court

Apr 14 2022 // A plaintiff is not required to present an affidavit of merit when bringing a vicarious liability claim against a licensed entity for the alleged negligence of an unlicensed employee, the New Jersey Supreme Court has...

Dog-Related Claims Cost U.S. Home Insurers Nearly $900M in 2021

Apr 14 2022 // Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2021, costing $881 million, according to an analysis by the Insurance Information Institute...

Trial Date Set in Defamation Suit Against Fox News Over U.S. Election Claims

Apr 13 2022 // An April 2023 jury trial has been scheduled in Dominion Voting Systems Inc’s $1.6 billion defamation lawsuit accusing Fox News of trying to boost its ratings by falsely claiming the voting machine company rigged the...

Appeals Decisions Give New Ground for Bad-Faith Claims But Support PIP Rules

Apr 11 2022 // Appeal courts handed a down potentially costly ruling for auto insurers in Florida, along with some further clarity on the maximum medical costs insurance companies can choose to pay after an accident.First, the U.S. 11th...

Secondary Perils Responsible for Growing Share of Disaster Claims: RMS

Apr 8 2022 // Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of...

Consumer Advocate, Florida Trial Lawyers Concerned about Arbitration in Claims Disputes

Apr 8 2022 // Plaintiffs’ attorneys and the state’s insurance consumer advocate are pushing back on Florida insurers’ plans to require arbitration to settle more claims disputes. Some attorneys warned that the plans...

Reinsurers to Bear Brunt of Australia Flood Claims: AM Best

Apr 5 2022 // The majority of gross losses from recent devastating flooding in Australia likely will be borne by reinsurers with limited impact on primary insurers’ balance sheets, according to an AM Best report.The flooding...