Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
New Study Says Autonomous Vehicles Significantly Reduce BI/PD Claims
Oct 2 2023 // A new study has revealed that autonomous-vehicle technology reduced bodily injury claims frequency by 100% and property damage claims frequency by 76%. Global reinsurer Swiss Re and automat- ed driving company Waymo...
DFS: Florida Claims Adjuster Arrested in $11M Scheme that Sent Checks to Conspirators
Sep 29 2023 // Additional arrests are expected after a 41-year-old south Florida claims adjuster was charged this week in an elaborate scheme that allegedly rang up more than $11 million in fraudulent insurance payments to hundreds of...
New Jersey Supreme Court Weighs COVID-Related insurance Claims by Casino
Sep 29 2023 // New Jersey`s Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for...
Florida Company Claims Simple Device Makes Sandbag Filling Faster Before Floods
Sep 28 2023 // The Florida-based company that produces a quicker way to bag leaves is now offering a tool that it says makes filling sandbags three times faster, potentially saving property owners time before floodwaters rise. The...
Rising Claims Costs Limit US P/C Profitability in 2023
Sep 27 2023 // While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results. According to the U.S. Property...
Texas DWC Proposes Amendments Concerning Claims for Death Benefits
Sep 22 2023 // The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is proposing amendments to Texas Administrative Code concerning claims for death benefits. The amendments and new section allow eligible...
Florida OIR Wants Enhanced Hurricane Ian Data by Sept. 27. Claims Have Topped 740,000
Sep 21 2023 // The Florida Office of Insurance Regulation is reminding carriers that additional information about Hurricane Ian claims is due no later than Sept. 27. By law, the office is required to collect data after hurricanes. Simple...
Louisiana Prisoner Suit Claims They’re Forced to Endure Dangerous Conditions at Prison Farm
Sep 18 2023 // BATON ROUGE, La. (AP) – Men incarcerated at Louisiana State Penitentiary filed a class-action lawsuit Saturday, contending they have been forced to work in the prison’s fields for little or no pay, even when...
Delaware: Professional Services Exclusion Didn’t Bar False Claims Act Settlement
Sep 18 2023 // A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its...
Challenging Market, Elevated Claims, but Reinsurers’ Profits Return: Reports
Sep 18 2023 // Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022, according to an AM Best report. “Reinsurers generally...
Agents, Regulators Remind Insurers to Take Care of Insureds as Idalia Claims Start Coming in
Sep 18 2023 // The property insurance industry breathed a sigh of relief after Hurricane Idalia landed in a less-populated part of the coast, triggering just a few billion dollars in losses. But regulators have urged insurers to make...
Airlines Face Growing Number of Lawsuits Over Their Climate Claims
Sep 14 2023 // When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental impact before booking a flight, it said it was showing its commitment to a sustainable future. But...
Art Dealer to Rich and Famous Faces Millions in Fraud Claims
Sep 14 2023 // A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case...
No Danger of Assessment: Florida Citizens Seeing Just 2,000 Claims from Idalia
Sep 13 2023 // Florida’s Citizens Property Insurance Corp. has so far seen just about 2,000 claims from Hurricane Idalia, well below the threshold that would exhaust the carrier’s personal lines surplus and trigger a...
Court Clicks ‘OK’ on Uber’s Arbitration Agreement for Users’ Accident Claims
Sep 13 2023 // A notice in Uber’s digital registration process requiring ride-share customers to take any individual claims to arbitration is enforceable, a New Jersey appeals court has ruled in a case involving passengers injured...
P/C Insurers Set to Significantly Improve Profitability Even as Claims Rise: Study
Sep 11 2023 // Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a rise in claims, a report by Swiss Re Institute showed on...
U.S. Settles Sexual Harassment Claims Against Baltimore County Fire Department
Sep 11 2023 // The U.S. Justice Department reports that it has reached a settlement with Baltimore County, Maryland for relief and compensation for female fire department employees subjected to sexual harassment. The settlement resolves...
Class Action Claims Mobile Home Park Managers Conspired to Fix and Inflate Lot Rental Prices
Sep 8 2023 // CHICAGO (AP) – A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices at more than 150...
Hong Kong Sees Heaviest Rainfall on Record; Insurance Claims Could Exceed $100M
Sep 8 2023 // Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and forcing...
Walgreens to Pay $44 Million to Settle Theranos Fraud Claims
Sep 8 2023 // Walgreens Boots Alliance Inc. has agreed to pay $44 million to settle class action claims by consumers who received flawed blood tests in Arizona and California through the pharmacy chain’s partnership with Theranos...
