Latest Claims Headlines

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

China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining

Mar 12 2020 // Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims.Beijing’s efforts to...

Insurers Face Big Investment Losses, Trade Credit Claims from Coronavirus Crisis

Mar 12 2020 // Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy – a sharp rise in payouts at a time of big investment losses.Because...

U.S. Cybersecurity Report Calls for Major Government Role in Cyber Insurance

Mar 11 2020 // A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally-funded center to develop cybersecurity insurance certifications and a...

Houston-Area Physicians Group Settles False Billing Claims Case for $1.2M

Mar 11 2020 // Millennium Physicians Association PLLC has paid the United States $1,248,964 to resolve claims that they improperly billed the Medicare program for sleep studies, the U.S. Attorney’s Office for the Southern District...

UK to Spend £2.5B on Road Repairs; Potholes Cause 90% of Auto Insurance Claims

Mar 11 2020 // Britain will spend an extra 2.5 billion pounds ($3.2 billion) repairing 50 million potholes in roads over the next five years, the government said ahead of new finance minister Rishi Sunak’s first budget on...

Insurance Industry Is Being Dragged Into Subsidizing Illegal Marijuana Grow Houses

Mar 11 2020 // GARDEN GROVE, Calif. — While California has a $1.4 billion legal marijuana market, a black market of perhaps equal size is thriving. Some enterprising growers are working on ways to get home insurers to cover their...

Couple Suing Princess Cruise Line Over Coronavirus Claims Improper Screening

Mar 10 2020 // A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship’s owner for more than $1 million, claiming the company put profits over safety and did not have proper screening...

Texas Insurance Regulators: BCBSTX to Pay Restitution, $10M Fine for Claims, Marketing Errors

Mar 9 2020 // The Texas Department of Insurance (TDI) said Blue Cross Blue Shield of Texas (BCBSTX) has agreed to repay consumers after a departmental review found delays in handling out-of-network emergency claims and incorrect...

U.S. Says 7 Firms Falsely Claiming Products Treat COVID-19

Mar 9 2020 // The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have warned seven companies for allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported...

UK Insurance Claims from Storms Ciara and Dennis Estimated at US$473.7M

Mar 9 2020 // Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £363 million (US$ 473.7 million), according to initial estimates from the Association of British Insurers (ABI).Initial ABI...

Homeowners’ Satisfaction

Mar 9 2020 // U.S. homeowner insurers are doing a better job than ever making their customers happy when responding to claims, according to J.D. Power. Results of the firm’s Property Claims Satisfaction Study show that overall...

Logic & Language, Forms & Facts: The Case of the ‘Holey’ Insurance

Mar 9 2020 // For a number of years, I’ve done a workshop called “The Adventures of Ace Insura, Claims Detective.” Participants assist Ace in solving a variety of coverage and claims mysteries. Each case has one or...

Progressive Continues Hiring Drive, Looking for 8,000 New Employees Across Country

Mar 9 2020 // Insurer Progressive said it intends to hire up to 8,000 new employees in 2020.With an increase in customers and total revenues topping $39 billion, the company said it needs more employees to support growth in auto,...

This Week’s PLRB Claims Conference Cancelled Due to Concern Over Coronavirus

Mar 8 2020 // A major insurance claims industry conference scheduled to start Sunday, March 8 has been cancelled due to events related to the coronavirus. The event was scheduled for the Gaylord National Hotel in National Harbor,...

Topa in California Names Stern Director of Claims Auditing and Compliance

Mar 6 2020 // Calabasas, Calif.-based Topa Insurance Co. has named Kari Stern director of claims auditing and compliance. Stern is responsible for department-wide legal and regulatory compliance, and manages the internal and external...

Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?

Mar 4 2020 // The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits.Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they...

Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions

Mar 4 2020 // Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe.The world’s...

Update: Demotech Evaluating 2019 Results of Florida Carriers, Expects ‘Many’ Downgrades

Mar 4 2020 // Ratings agency Demotech is currently reviewing the 2019 fourth quarter earnings and year-end financials of the Florida insurers it rates after indicating in January that several Florida domestic insurers could receive...

Chubb Enhances North American Claims Leadership with Hazelton, Watt

Mar 3 2020 // Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims, and Megan Watt has been appointed to a newly created leadership role, head...

Global Insurers Face Hefty Claims If Coronavirus Forces Olympics Cancellation

Feb 28 2020 // Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars.Japan has more...