All the headlines from our Claims Topic Page, ordered by recency.
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...
Jul 24 2020 // Berkshire Hathaway’s Geico, the country’s second largest auto insurer, is being targeted by a potential class action for allegedly overcharging its policyholders during the pandemic.A lawsuit filed in federal...
Jul 24 2020 // A former University of Nebraska-Lincoln volleyball player and eight other women have sued the university, alleging it did not properly investigate complaints of sexual assault and harassment.The complaint filed in U.S....
Jul 23 2020 // Some current and former employees of a company developing an oil refinery near Theodore Roosevelt National Park in North Dakota filed a lawsuit claiming they are owed wages and bonuses.Meridian Energy Group first proposed...
Jul 23 2020 // The State of New York may be on the verge of making the same mistake that has driven Florida auto insurance premiums through the roof, and that did the same in California until its high court learned the error of its...
Jul 23 2020 // British insurer Beazley swung to a loss for the first half on Thursday after setting aside $170 million for coronavirus-related claims, saying the fallout from the crisis would be similar to a major natural catastrophe.The...
Jul 23 2020 // The Travelers Companies reported a net loss of $40 million for the quarter ended June 30, 2020, compared to net income of $557 million in the prior year quarter. The insurer said the difference was primarily due to higher...
Jul 23 2020 // Four female former employees of Alphabet Inc.’s Google are trying to persuade a state court to let them represent more than 10,000 peers in a gender-pay disparity suit against the company, setting the stage for the...
Jul 22 2020 // QBE Insurance Group expects to report a first-half, after-tax loss of around $750 million, mainly due to COVID-19 claims and natural catastrophes, which included Australia’s bushfires and hailstorms at the beginning...
Jul 22 2020 // A workers’ compensation insurer cannot charge an employer an extra $1.7 million in premiums for the risk presented by employees who were exempt from coverage under Iowa’s workers’ compensation law, a...
Jul 21 2020 // An Indiana appeals court has sided with a group of insurers, saying they are not required to provide $25 million in excess coverage for an underlying lawsuit against the National Collegiate Athletic Association (NCAA) over...
Jul 21 2020 // Two women sued Fox News, accusing former anchor Ed Henry of rape and claiming several of the network’s biggest stars participated in a culture of sexual harassment and misconduct.Jennifer Eckhart, a former Fox News...
Jul 20 2020 // The Washington Redskins hired a law firm to review allegations of misconduct after 15 female ex-employees told the Washington Post they were sexually harassed.The NFL team hired D.C. lawyer Beth Wilkinson and her firm,...
Jul 20 2020 // UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol, telling a London court that businesses had no choice but to shut down...
Jul 20 2020 // After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from...
Jul 20 2020 // Though the COVID-19 pandemic is expected to lead to the deepest recession since the 1930s, global insurance premium volume will rebound to pre-crisis levels by the end of 2021, forecasts Swiss Re in its latest sigma...
Jul 17 2020 // The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in company earnings rather than capital erosion, says Moody’s Investors Service in a...