The most viewed headlines from our Claims Topic Page over the last year.
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
Feb 13 2025 // The Federal Emergency Management Agency said it needs to borrow $2 billion from the U.S. Treasury to cover claims from National Flood Insurance Program policyholders.FEMA, administrator of NFIP, said it expects to pay out...
Apr 8 2025 // Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs.About a month after Trump looked to impose steep tariffs on China, Mexico,...
Feb 5 2025 // USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report $1 billion or more in payouts for the destructive blazes that burned thousands of properties.The company, which is...
Feb 11 2025 // California Insurance Commissioner Ricardo Lara approved a California FAIR Plan request for a $1 billion assessment on admitted market insurers to cover claims from the Los Angeles wildfires.The FAIR Plan reported it has...
Apr 25 2025 // Insurers in the U.S. paid out about $1.6 billion in dog-related injury claims in 2024, according to data compiled by the Insurance Information Institute (Triple-I) and State Farm.The number of dog bite and related injury...
May 5 2025 // Maryland’s insurance regulator has announced actions to settle a long-running dispute with Erie Insurance Group over a report on the insurer’s practices involving some urban agents and their insureds.The...
Mar 14 2025 // Maryland’s insurance regulator has announced actions to settle a long-running dispute with Erie Insurance Group over a report on the insurer’s practices involving some urban agents and their insureds.The...
Jun 6 2025 // South Florida residents will likely remember Aaron Hirschhorn, the successful Miami entrepreneur who launched a dog-sitting service then won a big investment for a stem-cell therapy for dogs when he appeared on the...
Jun 30 2025 // A former champion college athlete and aspiring Olympian known for his prowess in track and field events has advanced his lawsuit that blames cannabis retailers for his cannabis-induced psychosis that led to a suicide...
Mar 20 2025 // Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from the utilities blamed for the destruction, according to people familiar with the...
May 19 2025 // Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they could move their money to...
Jan 8 2025 // Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris.Gerald L. Maatman, partner at the firm and co-author of...
Apr 2 2025 // The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost...
Jan 6 2025 // The Institutes and Sean Kevelighan, chief executive of the Insurance Information Institute, deny the allegations of discrimination and retaliation from former employee Michael Barry.According to a filing in U.S. District...
Oct 17 2025 // A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the...
Jan 30 2025 // James Keating of Paoli, Pennsylvania, has been sentenced to 20 months of imprisonment, followed by three years of supervised release, for defrauding his former employer of more than $1.4 million.Keating was an assistant...
Jul 15 2025 // A Miami homeowner is suing Florida’s Citizens Property Insurance Corp. for forcing him into arbitration over a 2024 damage claim dispute, claiming the process violates due process and equal protection rights.Stainton...
Apr 30 2025 // Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been the norm in recent years, according to Swiss Re analysis.If this trend continues, global...
Jul 30 2025 // Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform designed for residential roofing contractors, for $2.35 billion.Verisk said in a...