All the headlines from our Claims Topic Page, ordered by recency.
Feb 20 2019 // Are employees injured at work more likely to file under workers’ compensation instead of group health insurance when their group health plan has a higher deductible?The Workers Compensation Research Institute (WCRI)...
Feb 15 2019 // A bill recently filed in the Texas House of Representatives would penalize insurers that illegally deny Texas first responders access to medical treatment for line-of-duty injuries covered under state workers’...
Feb 14 2019 // An analysis of government data disputes a finding by safety regulators and promoted by Tesla Inc. that crash rates of its older vehicles declined after they were equipped with an automatic steering capability.The study,...
Feb 8 2019 // The Allstate Corp. lost $312 million in its 2018 fourth quarter, which was attributable to higher catastrophe losses, lower investment income and a pension settlement charge.Catastrophe losses hit $963 million, versus just...
Feb 4 2019 // For the seventh consecutive year, commercial auto is losing money. Despite rate increases in 23 of the past 25 quarters, the combined ratio topped 111 percent in 2017. The line has been a weak spot for many insurers,...
Feb 4 2019 // While Understanding Why Some Claims Are DeniedIn the first column of this series, I provided an overview of what it takes to successfully resolve coverage and claims disputes without litigation. In the coming months, we...
Feb 4 2019 // It should not be a surprise that drones fly over disaster areas for property inspection, and some insurers use chatbots to answer policyholders’ claims questions. Claims applications and supporting documents are...
Jan 30 2019 // Ping An Property and Casualty Insurance Co. of China has launched a credit-based smart auto claim solution in China, to make it easier for car owners to make claims and encourage good driving habits.The credit-based system...
Jan 25 2019 // Insurer Progressive said it expects to hire more than 10,000 people in the coming year to support its growth. Positions will include IT and analyst roles, corporate functions, customer care and claims roles.The...
Jan 25 2019 // The Roman Catholic Archdiocese of Hartford says it has paid $50.6 million to settle priest sexual abuse claims over the last several decades.The archdiocese said Tuesday that it has settled 142 claims involving 32 clergy...
Jan 25 2019 // Cedar Rapids, Iowa-based UFG Insurance has appointed Corey Ruehle as chief claims officer, effective Feb.1.Ruehle will succeed current Chief Claims Officer Dave Conner, as he retires after a successful 20-year career with...
Jan 24 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Jan 23 2019 // Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $120 million to resolve deceptive marketing claims by several U.S. states over the company’s metal-on-metal hip implants.Attorneys general of...
Jan 18 2019 // Argo Group International Holdings, Ltd., the Bermuda-based re/insurer, announced a preliminary pre-tax catastrophe loss estimate of $32 million for the fourth quarter of 2018, primarily related to Hurricane Michael and the...
Jan 15 2019 // Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of 2018, with the largest generated from California wildfires and Hurricane Michael.These natural...
Jan 14 2019 // Seth Klarman’s Baupost Group has been the poster child of the hedge fund industry’s ill-timed stock-market bets on the troubled utility PG&E Corp., which announced plans for bankruptcy.It turns out, though,...
Jan 14 2019 // California worker’s compensation insurers and their customers are getting a bit of a break this year.The California Insurance Guarantee Association won’t be collecting its annual assessment on 2019...
Jan 10 2019 // More than 40 state attorneys general have announced a $1.5 million settlement with The Neiman Marcus Group LLC over a data breach the Dallas-based retailer disclosed in January 2014. The breach exposed customer credit card...
Jan 10 2019 // Fiat Chrysler Automobiles NV will pay more than $700 million to resolve lawsuits from the U.S. Justice Department and diesel owners over claims it used illegal software to allow 104,000 diesel vehicles to emit excess...
Jan 7 2019 // San Diego, CA, January 7, 2019 – DS Services of America, in partnership with their broker Beecher Carlson, recently selected American Claims Management (ACM) to handle claims management in a portion of the states in...