Latest Claims Headlines

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

Property, Motor Vehicle Insurance Claims From Severe Australia Floods at A$900M and Rising

Mar 4 2022 // Property and auto insurers in Australia have received 60,163 claims related to the ongoing disastrous flooding in South-East Queensland and New South Wales. Based on previous flood events, the Insurance Council of...

Customer Satisfaction Scores Drop for Property Claims: J.D. Power

Mar 4 2022 // J.D. Power says frustration with slower claim cycle times and a rough transition to digital channels contributed to the lowest customer satisfaction score for property claims in five years.Overall customer satisfaction...

Biden’s Supreme Court Nominee Defies Expectations on Employer-Employee Cases

Mar 2 2022 // Labor unions and worker advocates have applauded President Joe Biden’s nomination of Judge Ketanji Brown Jackson for the Supreme Court. Yet a look back at Jackson’s decisions in cases involving business and...

Kansas Court Rules Insurer had No Duty Pay Policy Limit Before Demand Was Made

Feb 28 2022 // A claims adjuster’s sub-standard investigation of a potential fatal accident claim does not warrant a multi-million award of damages against an insurer that issued a policy with a $25,000 limit, the Kansas Court of...

Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years

Feb 24 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...

Startup MGA Rising Edge Targets Low-Layer D&O Business

Feb 24 2022 // The co-founders of London-based Rising Edge aimed to create something different when they decided to launch a managing general agent in 2021, which focuses solely on directors and officers liability insurance.CEO Philippe...

Construction Defect Insurance Claims

Feb 21 2022 // Construction defect claims and cases are scenarios wherein physical loss or damage is claimed to be related to defective building elements that will require repair or replacement.Typical defect claims and cases will...

Florida Insurance Rescue Bills Move Closer to Becoming Law

Feb 17 2022 // Two bills that many in the insurance industry hope will solve some of Florida’s worsening property insurance problems moved a step closer to becoming law Wednesday when they passed a key Senate subcommittee.The...

After Months of Decline, Florida Claims Litigation Rose Sharply in January

Feb 16 2022 // Just when insurers saw signs that last year’s reform legislation may be having an impact on claims litigation, bad news appeared in the inbox Wednesday.CaseGlide, the maker of litigation management software, which...

Gunmaker Remington to Pay $73M to Settle Liability Claims With Sandy Hook Families

Feb 15 2022 // Remington Arms will pay $73 million to the families of five adults and four children killed in the Sandy Hook Elementary School massacre, the families said on Tuesday, the first time a gunmaker has been held responsible...

Massachusetts Firms at War Over Oprah’s ‘Favorite’ Waffles

Feb 15 2022 // Waltham, Massachusetts-based pretzel maker Eastern Standard Provisions managed to get its pretzels on Oprah Winfrey’s “Oprah’s Favorite Things” list in 2019 and that led to a boom in business.Last...

Bus Firm Reaches $20M False Claims Act Settlement With New Jersey Transit

Feb 14 2022 // A bus company accused of overcharging New Jersey Transit for missed trips and over-billing for hours and miles driven will pay more than $20 million to settle a lawsuit brought by the state, the attorney general’s...

Florida OIR to Hold Workshop on Claims Litigation Data Call

Feb 14 2022 // Florida insurance carriers will be able to find out what claims litigation data they should be collecting and how it should be reported, thanks to a Feb. 24 workshop held by the state Office of Insurance Regulation.Senate...

People Moves: Fairfax Financial Promotes Clarke to President; AXA XL Names Lee as Head of Claims, Canada; Zurich’s Price Joins SiriusPoint as Head of Travel A&H

Feb 14 2022 // This edition of International People Moves details appointments at Fairfax Financial Holdings, AXA XL and SiriusPoint Ltd.A summary of these new hires follows here. Fairfax Financial Holdings Promotes Clarke to...

Hertz Customers Who Claim They Were Falsely Arrested Score Win in Court

Feb 14 2022 // Hertz Corp., battling hundreds of customers who say they were falsely arrested for auto theft after renting cars, was ordered by a federal judge to disclose how many renters it accuses every year.U.S. Bankruptcy Judge Mary...

New Hampshire Hospital to Pay $3.8 Million to Resolve Kickback Claims

Feb 14 2022 // New Hampshire’s Catholic Medical Center has agreed to pay $3.8 million to resolve allegations that it violated federal law against kickbacks.According to the U.S. Attorney’s office, the Manchester hospital paid...

Senate Joins House in Passing Ban on Forced Arbitration of Worker Sexual Abuse Claims

Feb 11 2022 // The U.S. Senate on Thursday approved a bill that would ban companies from forcing employees who allege sexual assault or harassment to settle their claims with an arbiter without the option of filing a lawsuit.The bill,...

House Passes Ban on Mandatory Arbitration for Sexual Misconduct Claims

Feb 10 2022 // The U.S. House has passed legislation barring contracts that force people to settle sexual assault or harassment cases through arbitration rather than in court, a process that often benefits employers and keeps misconduct...

Tokio Marine Invests in Satellite Imaging Specialist ICEYE, Enters NatCat Collaboration

Feb 9 2022 // ICEYE, the Helsinki-based synthetic aperture radar (SAR) data provider and specialist in natural catastrophe solutions, announced that Tokio Marine Holdings has made a strategic investment in the company as it looks to...

Reuters Special Report: J&J’s Secret Plan to Limit Payouts to Cancer Claimants

Feb 7 2022 // Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company’s Baby Powder and other talc products caused deadly...