All the headlines from our Claims Topic Page, ordered by recency.
Apr 5 2022 // Claims services provider Gallagher Bassett (GB) International has boosted its size and offering in the United Kingdom by acquiring third-party claims administrator Claims Settlement Agencies Ltd. (CSA).Financial details of...
Apr 4 2022 // Insurers and reinsurers could face claims as high as US$10 billion in a worst-case scenario due to the grounding of planes in Russia, Fitch Ratings said.More than 500 planes that are financed or owned by non-Russian...
Apr 1 2022 // A decision handed down Thursday by the Florida Supreme Court, along with a recent ruling by state regulators, could give insurers another tool that could be used to stem the tide of claims litigation.In AirBnB Inc. vs....
Mar 31 2022 // Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say.Following the Feb....
Mar 24 2022 // U.S. securities regulators say they have legal authority to subpoena Tesla and CEO Elon Musk about his tweets, and that Musk’s move to throw out a 2018 court agreement that his tweets be pre-approved is not valid.The...
Mar 24 2022 // Berkshire Hathaway Specialty Insurance Names Top LeadersBerkshire Hathaway Specialty Insurance (BHSI) announced Sanjay Godhwani has been named president, North America region, and David Bresnahan will take on the role of...
Mar 24 2022 // Russia’s move to transfer almost 800 foreign-owned jets to its own aircraft register amid foreign sanctions has triggered a wave of insurance claims from leasing firms whose fleets have effectively been...
Mar 22 2022 // Insurers and reinsurers could face claims as high as US$10 billion in a worst-case scenario due to the grounding of planes in Russia, Fitch Ratings said.More than 500 planes that are financed or owned by non-Russian...
Mar 18 2022 // Aircraft-leasing firms working to retrieve planes from Russia are set to collide with an aviation-insurance industry bracing for an unprecedented barrage of claims.Lessors of planes stuck in Russia since the onset of...
Mar 18 2022 // Fox News on Thursday appealed a judge’s decision to let voting systems company Smartmatic pursue a $2.7 billion defamation lawsuit alleging that the network falsely accused it of rigging the 2020 U.S. presidential...
Mar 15 2022 // A grand jury last week declined to indict Houston Texans quarterback Deshaun Watson following a police investigation sparked by lawsuits filed by 22 women who have accused him of sexual assault and harassment.The grand...
Mar 11 2022 // State Farm said Thursday that metal thieves in search of platinum, rhodium and palladium are stealing catalytic converters in ever-greater numbers, sending auto-insurance claims soaring across the U.S.Last year, State Farm...
Mar 10 2022 // Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility and higher energy prices, Moody’s Investors Services said last week.In...
Mar 8 2022 // A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it.A Delaware Supreme Court ruling in January...
Mar 7 2022 // A group of environmental organizations has filed a lawsuit in France against the country’s largest energy company TotalEnergies, accusing it of misleading consumers about its efforts to fight climate change.The...
Mar 7 2022 // Black retired football players who were denied payments for dementia in the NFL’s $1 billion concussion settlement can seek to be retested or have their claims rescored to eliminate racial bias in the testing and...
Mar 7 2022 // A new California Workers’ Compensation Institute study shows injured workers’ overall access to medical care for their initial treatment remained relatively consistent between 2010 and 2020.CWCI used data from...
Mar 7 2022 // The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial...
Mar 4 2022 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) reported more than 78,000 COVID claims and 422 fatalities as of Feb. 6, 2022.DWC’s March report, “COVID-19 In The Texas...
Mar 4 2022 // The Tennessee Department of Commerce and Insurance returned more than $8 million to policyholders in 2021 through mediation between consumers and insurance companies, the department announced this week. The department...