Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources
Nov 2 2022 // CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains of mishandling opioid...
NFIP: 43,000 Flood Claims and $273 Million Paid So Far After Hurricane Ian
Nov 2 2022 // The Federal Emergency Management Agency is reminding flood insurance policyholders hit by Hurricane Ian that they have an extra three months to renew their expiring policies. The agency said last week that Florida property...
Tesla Faces U.S. Criminal Probe Over Self-Driving Claims
Oct 27 2022 // Tesla Inc. is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The U.S. Department of Justice...
Auto Policyholders’ Claims Satisfaction Wanes: J.D. Power
Oct 27 2022 // Well documented are the pains insurers are facing while trying to keep up with rising claims frequency and severity in auto lines. J.D. Power’s newest study on claims satisfaction reveals the frustration has trickled...
Scollick v. Narula False Claims Act Case Update
Oct 27 2022 // This post is part of a series sponsored by IAT Insurance Group. Disclaimer: This article should not be used as legal advice. All parties should consult legal counsel of their choice and seek expert advice on legal and...
New England Patriots Owner Alleges Insurer Fumbled Media Liability Claims
Oct 26 2022 // Kraft Sports and Entertainment, owner of the NFL’s New England Patriots, has sued Hiscox Insurance alleging the insurer has failed to respond under media liability insurance policies to multiple claims of copyright...
L’Oreal’s Hair Straighteners Caused Woman’s Uterine Cancer, Lawsuit Claims
Oct 25 2022 // L’Oreal SA has been sued by a Missouri woman who alleges she developed uterine cancer as a result of using the French cosmetic company’s hair-straightening products. The lawsuit, filed Friday in federal court...
Re/Insurers Grapple With How to Respond to Claims From Nord Stream Pipeline Blasts
Oct 25 2022 // With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1’s insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars...
Nebraska Court: Contractors with Assigned Benefits Can’t File Bad-Faith Claims
Oct 21 2022 // A restoration contractor that had been assigned benefits by a policyholder cannot pursue a bad faith claim against an insurer because it was not a party to the insurance contract, the Nebraska Supreme Court ruled Friday in...
Study Traces COVID-19 Impact on New York Workers’ Compensation Claims
Oct 21 2022 // During the height of the pandemic, New York workers’ compensation indemnity payments increased while medical payments decreased. That’s according to a new report from the Workers Compensation Research Institute...
Maine’s ‘Cabin Masters’ Settles Lead Safety Claims
Oct 20 2022 // The company featured on the cable TV show “Maine Cabin Masters” has settled claims that it violated lead safety and exposure rules on some of its renovations. The settlement reached by the U.S. Environmental...
People Moves: New QBE Marine Hires; Hirschorn Joins Lockton as U.S. Cyber Claims Lead
Oct 19 2022 // QBE Appoints New Marine VPs Sean Dollahon QBE International Markets is increasing its presence in the US marine insurance space and has appointed Sean Dollahon, vice president, US marine manager, and Katie McCord, vice...
Swiss Re Expects Claims From Hurricane Ian to Bring Q3 Loss
Oct 18 2022 // Swiss Re forecast on Tuesday a third-quarter net loss of around $500 million after the reinsurance company absorbed preliminary claims from Hurricane Ian of approximately $1.3 billion. “While the 2022 target of 10%...
Federal Judge Dismisses Multiple Pennsylvania COVID-19 Claims
Oct 18 2022 // A Western Pennsylvania federal district judge has dismissed eight cases seeking payment for COVID-19 business interruption coverage from several insurers including Cincinnati Insurance, Travelers Insurance and Hartford....
Regulatory Roundup: Louisiana Offers Extension for Homeowners with Canceled Coverage, Illinois Asks for Honesty, Colorado Looks for Marshall Fire Claims Relief
Oct 17 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
Bayer to Challenge $275M Washington Jury Verdict Over PCB Injury Claims
Oct 14 2022 // Germany’s Bayer said on Friday it plans to legally challenge a jury verdict awarding $275 million to a group of people claiming they suffered from exposure to PCB, a chemical that Bayer’s Monsanto business...
Report: More than Half of California COVID-19 Workers’ Comp Claims in Healthcare
Oct 13 2022 // More than a half of all reported COVID-19 indemnity claims in California continue to arise from workers in the healthcare sector, according to a new report from the Workers’ Compensation Insurance Rating Bureau. The...
Ian Claims in Florida Topping 449,000 So Far, But Many More Expected
Oct 11 2022 // The number of claims filed from Hurricane Ian continues to rise, topping 449,000 as of Monday, and estimated insured losses stand at more than $4.2 billion, the Florida Office of Insurance Regulation reported. Some 322,268...
Alligators, Broken Infrastructure, Wreckage Greet Claims Adjusters in SW Florida
Oct 11 2022 // Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cell phone towers and even an occasional alligator. Sedgwick Executive Vice President...
Insurers’ Claims Investigation Work Product Protected After Alabama High Court Ruling
Oct 11 2022 // A company cannot be compelled to turn over its risk management work product that may include attorney-client information and claims investigators’ opinions, the Alabama Supreme Court decided. The case involved the...
