All the headlines from our Claims Topic Page, ordered by recency.
Aug 11 2019 // Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as...
Aug 9 2019 // Greenlight Re Innovations (GRI), a subsidiary of Greenlight Capital Re Ltd., announced it has made a strategic investment in Handdii Pty Ltd., a property insurance claims fulfillment platform.Melbourne, Australia-based...
Aug 9 2019 // Coinbase Inc. must face a negligence lawsuit for allegedly botching the launch of its digital currency bitcoin cash, or BCH, through an apparent “incompetence born of haste,” a judge ruled.U.S. District Judge...
Aug 8 2019 // Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value.The U.S. workers comp insurance market is forecast to earn revenues of $55 billion in 2019....
Aug 7 2019 // Munich Re has launched a new suite of hurricane response tools designed to help insurance companies assess widespread property damage after a hurricane and improve their customers’ claims experience.Developed by...
Aug 7 2019 // Tesla Inc. received a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents...
Aug 7 2019 // German reinsurer Munich Re on Wednesday reported a 36% rise in net profit in the second quarter, helped by low claims from major losses, and stuck to its forecast for 2019.Net profit was 993 million euros ($1.11 billion),...
Aug 6 2019 // Johnson & Johnson and Colgate-Palmolive Co. persuaded a Kentucky jury to reject claims that asbestos in the companies’ talc-based products was responsible for a woman’s death.Jurors in a Louisville state...
Aug 5 2019 // R-T Specialty LLC (RT Specialty), based in Chicago, has promoted Todd Mannschreck to president of Claims, chief claims officer.Mannschreck has been with RT Specialty since 2013 and has lead RT Specialty’s claims...
Aug 2 2019 // An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act,...
Aug 2 2019 // Fewer injured workers are receiving opioids to treat pain than in previous years, as medical providers are turning more to non-opioid medications and physical therapies.A new study of injured worker claims from 27 states...
Aug 1 2019 // With more than 20,000 claims related to Hurricane Michael still open nine months after the storm hit the Florida Panhandle, Florida’s top insurance regulator is calling on the insurance industry to take “all...
Jul 31 2019 // Insuretech service provider Epoq Legal has rolled out a new service designed for small- to medium-sized enterprises as either an optional or mandatory product sold alongside insurance and financial services products. The...
Jul 30 2019 // Two recent research papers both point to the significance of diagnostic errors as a source of medical malpractice claims.A peer-reviewed paper published in Diagnosis on July 11 found that inaccurate or delayed diagnoses...
Jul 26 2019 // CFC Underwriting, the London-based managing general agent that specializes in emerging risks, announced the appointment of Roger Francis as Cyber Claims director. Francis will lead CFC’s cyber claims and incident...
Jul 25 2019 // Slip and falls, flying tools, poor posture. The workplace can be dangerous, and now you can add pets to the risks that Oregon workers face.Dogs and cats have accounted for more than 1,900 claims since 2014 received by...
Jul 24 2019 // The widening legal nightmare over Roundup weedkillers isn’t the only potential multi-billion-dollar liability Bayer AG inherited last year when it acquired Monsanto Co.While thousands of damage claims over Roundup...
Jul 23 2019 // Legion Claims Solutions LLC (Legion), a firm specializing in the management of catastrophe insurance claims, environmental/industrial claims, and governmental disaster recovery programs, has opened in Baton Rouge,...
Jul 22 2019 // Google agreed to pay $11 million to end a lawsuit accusing the internet giant of discriminating against older job applicants, a deal that amounts to an average payout of more than $35,000 for 227 people who joined the...
Jul 19 2019 // Workers’ compensation claim frequency reported by private self-insured employers in California rose last year, as the incidence of both indemnity and medical-only claims rose from the 2017 levels, the California...