Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
High Inflation Hiked P/C Claims Costs Up to 7.5% in 2022
Mar 24 2023 // High inflation alone led to an increase in property/casualty claims of 5-7.5%, across five key markets in 2022, according to Swiss Re research. “In 2023, we expect that inflation should lead to an additional increase...
Kentucky Governor Signs Bill: Guaranty Fund Won’t Pay Claims from Self-Insurers
Mar 23 2023 // Kentucky’s governor this week signed into law a bill that seeks to make one thing perfectly clear: The Kentucky Insurance Guaranty Association will not pay claims from defunct self-insurers that are not members of...
Insurers’ Digital Claims Tools Failing Customers: J.D. Power
Mar 20 2023 // Calling the trend “worrying,” J.D. Power’s new property claims satisfaction report indicated that insurers’ digital tools to speed the claims process are not pleasing homeowners insurance customers,...
London Market Insurers Publish Guidelines for Marine Casualty Claims
Mar 17 2023 // New guidelines have been agreed by marine insurers in the London Market to help improve collaboration in the handling of shipping casualties. A protocol document seeks to promote more effective communication between...
Judge Blocks Forced Arbitration of Diners’ Pricing Claims Against Meal Delivery Firms
Mar 17 2023 // A federal judge in Manhattan on Thursday said Grubhub, Uber Eats and Postmates cannot force diners who have used their platforms into binding arbitration over claims they conspired to drive up prices for restaurant meals...
Texas Public Adjuster Indicted of Stealing $268K in Insurance Claims
Mar 16 2023 // A Texas public insurance adjuster accused of stealing more than $268,000 in insurance claims from multiple victims has been indicted by a grand jury in Kimble County. A Texas Department of Insurance (TDI) investigation...
Government’s SVB Intervention Saved Insurers From Significant D&O Claims
Mar 15 2023 // Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture capitalists – as well as financial institutions...
Claims Management Firm Crawford & Co. Posts 4Q Loss for 2022
Mar 8 2023 // Crawford & Co. (CRD. A), a claims management and adjusting firm for insurers, reported a fourth-quarter loss of $14.1 million, after reporting a profit in the same period a year earlier. On a per-share basis, the...
People Moves: Goodwin to Lead Marine Underwriters of America’s new Marine Claims Department
Mar 7 2023 // Goodwin to Lead Marine Underwriters of America’s new Marine Claims Department Marine Underwriters of America, a DOXA Insurance company and premier underwriter of ocean marine, inland marine and related properties,...
Meta’s Record Privacy Settlement Spurs Dispute Over State Claims
Mar 2 2023 // Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data with a controversial research firm protects it from similar claims brought by New Mexico, attorneys...
NFL Must Face Racial Bias Claims in Open Court, Judge Rules
Mar 2 2023 // The National Football League and three of its teams must face claims by Minnesota Vikings defensive coordinator Brian Flores of racist hiring practices in open court, a U.S. judge in New York ruled on Wednesday while...
Tesla, Musk Sued by Shareholders Over Self-Driving Safety Claims
Feb 28 2023 // Tesla Inc. and its Chief Executive Elon Musk were sued on Monday by shareholders who accused them of overstating the effectiveness and safety of their electric vehicles’ Autopilot and Full Self-Driving...
Insurers Face $500M in Claims for Ships Stuck in Ukraine – a Year After Start of War
Feb 24 2023 // Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a year after the start of the war with Russia, industry sources said. When the conflict started, more than 90...
Federal Appeals Court Upholds Denial of ITT’s Covid-19 Insurance Claims
Feb 24 2023 // Global corporation ITT has again been denied coverage under its “all-risk” policy for business costs and losses it sustained due to Covid-19. The Second Circuit Court of Appeals has affirmed a ruling by the...
Insurers’ Digital Claims Tools Failing Customers: J.D. Power
Feb 23 2023 // Calling the trend “worrying,” J.D. Power’s new property claims satisfaction report indicated that insurers’ digital tools to speed the claims process are not pleasing homeowners insurance customers,...
Illinois Supreme Court: BIPA Claims Accrue With Each Scan
Feb 17 2023 // The Illinois Supreme Court ruled Friday that a separate claim accrues each time a business unlawfully scans or transmits an individual’s biometric identifier or information, a decision that could drive up class...
Fox News Must Face Smartmatic’s Lawsuit Over Election-Rigging Claims
Feb 15 2023 // A New York state appeals court rejected Fox News’ bid to dismiss a multibillion-dollar defamation lawsuit accusing the network of falsely accusing an electronic voting systems company of helping rig the 2020 U.S....
Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out
Feb 14 2023 // The distribution and severity of nurse practitioner (NP) office practice setting claims have increased sharply since 2017, according to a new report from CNA in collaboration with its business partners at Nurses Service...
NFL Is Sued for ‘Systematic Bias’ in Denying Former Players’ Disability Claims
Feb 10 2023 // Three days before the Super Bowl, the National Football League faces a proposed class action lawsuit by former players who claim its disability plan prevents them from getting the treatment they need. Ten former pros...
31% of Workers Filing COVID Claims Suffer Long-Term, but Rate Declining: New York Fund
Feb 10 2023 // A report released this month by New York State Insurance Fund found that 31% of workers who filed claims for COVID-19 continued medical treatment or took time off work more than 60 days after the initial...
