Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Centauri Insurance of Florida Adds Brady as VP of Claims
Jun 11 2020 // Centauri Specialty Insurance Holdings and its subsidiaries have added Tom Brady as vice president of Claims. Brady joined the team in April 2020 and is responsible for all facets of the claims operations, including setting...
Florida Supreme Court Suspends Attorney Behind Thousands of Insurer Lawsuits
Jun 10 2020 // The Florida Supreme Court has granted an emergency request by The Florida Bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party lawsuits against Florida...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory
Jun 10 2020 // Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift. The long-awaited 32nd Olympic Games. The list of canned crowd-thrillers that were planned...
The BIG Idea for Business Interruption Coverage: What It Is and Isn’t
Jun 10 2020 // Good faith coverage disputes over pandemic-related business interruption coverage don’t have to be fought out in courts, and retroactive rewrites of business interruption coverage language are unfair, according to a...
Zurich Insurance Forms New Legal Panel for Large and Complex Claims in EMEA
Jun 9 2020 // Zurich Insurance Group has introduced a new legal panel to provide advice on the management of large and complex claims across the Europe, Middle East & Africa (EMEA) region. The new panel consists of BLM, Clyde &...
Trade Credit Insurers Seek $60B from U.S. Towards Pandemic Payouts
Jun 8 2020 // U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chains hit by the novel coronavirus pandemic, three...
N.Y. Emergency Reg Requires Insurers to Expedite Claims Related to Civil Unrest
Jun 5 2020 // The New York State Department of Financial Services (DFS) has issued an emergency regulation requiring New York-regulated insurers to accelerate the claims process for businesses and individuals suffering damage as a...
Did Debate Over Business Income Insurance Just Get More Complicated?
Jun 4 2020 // As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities...
Insurers Prepare for Claims as East States See Property Damage from Civil Unrest
Jun 4 2020 // Scenes that played out over the past few days in several East region states are serving as a stark reminder for the insurance industry of civil unrest that took place in New York and other U.S. states more than 50 years...
Washington Commissioner Urges Firms Damaged During Riots to File Claims ASAP
Jun 3 2020 // Washington Insurance Commissioner Mike Kreidler is advising Washington state business owners who have experienced damage during protests to contact their insurance companies as soon as possible. Damage to businesses and...
Basketball Players Lose Copyright Infringement Bid Over ‘Fortnite’ Dance
Jun 3 2020 // A federal judge has dismissed a lawsuit in which two former University of Maryland men’s basketball players accused makers of the “Fortnite” video game of misappropriating a dance move that the...
Maine Believes Increase in Unemployment Claims Tied to Fraud
Jun 2 2020 // Another 24,500 individuals have filed initial claims for unemployment benefits last week – more than double the number of claims the previous week, the Maine Department of Labor said Thursday. The large number of...
States Adding Laws to Shield Businesses From Liability for Coronavirus Claims
Jun 2 2020 // Four states have passed laws that grant businesses immunity from civil liability for claims relating to COVID-19, while legislation in at least three other states is advancing. The bills signed into law by the governors of...
Federal Court Allows Counties’ Clean Air Claims Against VW for Diesel Scandal
Jun 2 2020 // A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a “staggering” additional liability arising from the...
California Lowers Workers’ Comp COVID Estimate; Expects Claims Drop in Downturn
Jun 1 2020 // The Workers’ Compensation Insurance Rating Bureau of California on Monday released a study looking at the historic impact of economic downturns on workers’ comp claim frequency and the potential impact of...
California Workers’ Comp Bureau Lowers Mid-Range Estimate of COVID Costs by $10B
Jun 1 2020 // The Workers’ Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, dropping a prior...
Coronavirus Business Interruption Suits Top 100; More Expected
Jun 1 2020 // A federal court has received notice that 101 lawsuits have been filed as of late May seeking coverage from insurers for business interruption losses caused by COVID-19. Plaintiffs attorneys say they expect the number to...
When Insurers Deny Claims, Brokers Are Next in Line for Allegations of Wrongdoing
Jun 1 2020 // In the wake of government orders shutting down or seriously limiting the operations of businesses to deal with the COVID-19 outbreak, many affected businesses have turned to their insurers for coverage. This has led to a...
Can a Governmental Entity Be Liable for Tort Claims? It Depends.
Jun 1 2020 // Everyone needs insurance. My entrance into the insurance world taught me that. The first place I worked in insurance specialized in providing insurance to fire departments and ambulance companies. Municipalities and their...
Australia’s 4 Summer Natural Disasters Cost Insurers More Than US$3.44 Billion
May 28 2020 // The cost of insurance claims from four natural catastrophes during Australia’s 2019-2020 summer has passed A$5.19 billion (US$3.44 billion), said the Insurance Council of Australia (ICA). Thousands of new claims and...
