All the headlines from our Claims Topic Page, ordered by recency.
Nov 9 2020 // As of Nov. 2, 2020, more than 200,000 claims arising from the Aug. 10 derecho windstorm have been reported in Iowa, insurance regulators say. Of those, nearly 160,000 claims totaling more than $1.6 billion have been paid...
Nov 9 2020 // Louisiana Citizens Property Insurance Corp. (Citizens), the state’s insurer of last resort, will take only a $35 million financial hit from the 2020 hurricane season because of its reinsurance program, according to...
Nov 9 2020 // Johnstone Partners has expanded its national risk management and claims adjusting practices with the hire of Andrew Friedman in New York.Friedman joins Johnstone Partners as an adjuster with six years of claims experience....
Nov 9 2020 // Given that business-as-usual is unlikely to return soon due to the coronavirus pandemic, U.S. property/casualty insurers will continue to face challenges related to virus-related insurance losses and premium volume...
Nov 3 2020 // Nigerian insurers are facing their biggest claims on record after protests against police brutality turned violent, leading to large-scale looting and destruction.Risk underwriters all over the country are inspecting...
Nov 2 2020 // Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in 2020 thanks to savings from lower claims frequency due that are...
Nov 2 2020 // This hurricane season has already broken several records, and it is not over yet.So far, 2020 has produced 23 named storms, including two using the Greek alphabet for only the second time in history. Nine named storms have...
Oct 30 2020 // The former president and chancellor of Liberty University (LU), Jerry Falwell Jr., is suing the school for reputational damage following his August resignation, according to a complaint filed in the Commonwealth of...
Oct 30 2020 // Property/casualty insurance companies in Louisiana, including those that write private and/or excess flood coverage, as well as surplus lines insurers, have been directed to report claims data arising from Hurricane Delta...
Oct 29 2020 // After years of warnings that the Florida property insurance market was heading towards an availability crisis, many in the industry say the moment of reckoning has arrived. They blame unchecked claims litigation from...
Oct 28 2020 // Claims adjuster, Agop Sarafian, 65, of La Crescenta, Calif., and chiropractor, Shahe Topjian, D.C. 65, of Granada Hills, Calif., were arrested on felony insurance fraud charges after allegedly conspiring to defraud...
Oct 27 2020 // Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in 2020 thanks to savings from lower claims frequency due that are...
Oct 26 2020 // McDonald’s Corp. on Friday urged a U.S. judge to dismiss a lawsuit by dozens of Black former franchise owners who accused the fast-food giant of racial discrimination for selling them underperforming stores, saying...
Oct 23 2020 // Only one-in-14 COVID-19 cases involving working-age Californians from May through September of 2020 has been claimed as a job injury, while only 1-in-25 COVID-19 deaths among working age individuals has been claimed to be...
Oct 23 2020 // Pennsylvania’s highest court on Tuesday grappled with whether a woman’s lawsuit on claims of sexual abuse by a priest decades ago should be allowed to proceed – a lower-court ruling that has launched many...
Oct 22 2020 // Having fewer auto insurance claims during the coronavirus pandemic appears to have given insurers time to refine their customer experience and deliver higher higher quality claims service.According to the J.D. Power 2020...
Oct 19 2020 // Aspen Insurance Holdings Ltd. has appointed Tony Rai as head of claims for Aspen Insurance UK (AIUK) and Aspen Managing Agency Ltd. (AMAL).Rai will join Aspen in early 2021 from Hiscox, where he has been head of London...
Oct 19 2020 // If COVID-19 behaves like other workers’ compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in permanent total...
Oct 19 2020 // What’s the best way to launch this article? Don’t know if I should say I’m itching for a fight or if it’s better to say insurance carriers are misinterpreting coverage forms and I am trying to stop...
Oct 16 2020 // The frequency of hospital professional liability claims is holding steady, but the cost of those claims is expected to increase by 3% next year, according to an actuarial analysis by Aon and the American Society of Health...