All the headlines from our Claims Topic Page, ordered by recency.
Aug 14 2020 // A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist systems that help prevent a...
Aug 13 2020 // The New York State Department of Financial Services (DFS) has taken action to help expedite the payment of insurance claims for New Yorkers affected by Tropical Storm Isaias.As the storm moved through the eastern portion...
Aug 12 2020 // Insurer Admiral reinstated its special dividend on Wednesday as it reported a jump in first-half earnings, the latest car insurer to benefit from a slump in claims as coronavirus lockdowns kept Britons off the road in...
Aug 11 2020 // COVID-19 has become a large chunk of a dwindling number of workers’ compensation claims in Florida and California, limited data shows.The number of COVID-19 workers’ compensation claims reported in California...
Aug 10 2020 // Global insurer Chubb announced appointments to two new executive positions.Chubb has named John Lupica as president of North America Insurance, the company’s largest division. Lupica is currently vice chairman, Chubb...
Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...
Aug 7 2020 // South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether insurers should pay rejected claims from firms hit by the impact of the coronavirus,...
Aug 7 2020 // The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption due to the coronavirus.In a case brought by the owner of several restaurants...
Aug 5 2020 // U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s...
Aug 4 2020 // Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump in motor claims as Britons drove less during the coronavirus lockdown.Britain’s biggest car...
Aug 4 2020 // Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face action by Britain’s markets watchdog.The Financial Conduct Authority (FCA) has...
Aug 3 2020 // Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the red on Monday and pummeled its shares to their lowest in more than two months.The company, which...
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told Reuters.With...
Jul 30 2020 // As a licensed general contractor and a certified public accountant in South Florida who has been advising clients in accounting- and construction-related issues for the past 15 years, I have seen hurricane seasons come and...
Jul 29 2020 // Colonial Claims, an independent insurance claims service company, has appointed John Cerasuolo as its new chief executive officer.Cerasuolo will work on Colonial’s executive management team, and will serve alongside...
Jul 28 2020 // Aspire General Insurance in Rancho Cucamonga, Calif. has promoted Tyler Nicholson to vice president of marketing and Brad Hinkle to chief claims officer. Nicholson joined Aspire in 2016. He was previously with Vertafore,...
Jul 27 2020 // The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance industry economist said during a webcast Thursday.Steven N. Weisbart, senior vice president and...
Jul 27 2020 // Indivior Plc has agreed to pay $600 million and have a subsidiary plead guilty to a felony charge to resolve U.S. allegations that it engaged in an illegal scheme to boost prescriptions of its opioid addiction treatment...
Jul 24 2020 // A national organization has filed a lawsuit against the University of Texas at Austin on behalf of two white students who were denied admission, marking the third time the school has been sued by this group over an...
Jul 24 2020 // BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve claims they hid evidence that certain talc products contained asbestos in an effort to scuttle thousands...