Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Bond Insurer MBIA Agrees to Settle Mortgage Claims Against Credit Suisse
Feb 12 2021 // New York-based municipal bond insurer MBIA Inc.’s unit MBIA Insurance Corp. entered an agreement to settle a litigation it filed in 2009 against lender Credit Suisse and certain affiliated entities over property debt...
Massachusetts Superior Court Says Woman’s Medical Malpractice Claims Can Proceed
Feb 11 2021 // A Massachusetts superior court has ruled that a woman can bring claims for medical malpractice and unfair consumer practices against a hospice company for overmedicating her with narcotics and falsely certifying that she...
Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims
Feb 10 2021 // Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its...
2020 Hurricane Insurance Claims Up to $7.7B in Louisiana
Feb 8 2021 // Through the end of 2020 property/casualty insurers paid out or reserved $7.7 billion On claims of all types resulting from Hurricanes Laura, Delta and Zeta in Louisiana, the state insurance department reported. The...
The Hartford Q4 Profit Dips Slightly on COVID Life Insurance Claims
Feb 5 2021 // Fourth quarter profit at The Hartford dipped slightly due in part to COVID-related group life insurance claims. Fourth quarter 2020 net income came in at $532 million, down 2% from fourth quarter 2019. Fourth quarter...
McKinsey to Pay $573 Million to States to Settle Opioid Claims
Feb 4 2021 // Consulting firm McKinsey & Co. has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according...
Bayer Strikes $2 Billion Deal to Resolve Future Roundup Cancer Claims
Feb 4 2021 // Bayer AG struck a $2 billion deal to resolve a class action of future claims relating to allegations that its widely used weedkiller Roundup causes cancer, the company and lawyers for U.S. consumers said on...
McLarens Acquires Dutch Engineering Claims Company Vanderwal & Joosten
Feb 3 2021 // McLarens, a global independent insurance services provider, announced the strategic acquisition of Vanderwal & Joosten (VWJ), a leading construction and engineering, environmental, liability, and agricultural loss...
Colonial Claims Acquires Premier Adjusting and Catastrophe Services of Florida
Feb 3 2021 // Colonial Claims LLC, a nationwide independent insurance claims service companies, has acquired Tampa area business Premier Adjusting and Catastrophe Services, Inc., a first and third-party claims handler for residential...
California Passes 103K COVID-19 Workers’ Comp Claims for AY 2020
Jan 28 2021 // The monthly count of COVID-19 job injury claims reported rose to a record 32,549 cases in December, bringing the total number of COVID-19 claims for accident year 2020 to 103,712, or more than one out of every six...
Trump Health Secretary Rule Slows COVID Court Claims Against Nursing Homes
Jan 28 2021 // Garnice Robertson wants accountability for her mother’s death from COVID-19 caught while she was living at a Kansas nursing home that allegedly failed to prevent an outbreak of the disease. An unexpected legal hurdle...
Cost of Laura, Delta, Zeta Insurance Claims Up to $7.7B in Louisiana
Jan 27 2021 // Through the end 2020 property/casualty insurers have paid or reserved $7.7 billion on claims of all types in Louisiana through the end of 2020 from Hurricanes Laura, Delta and Zeta, the state insurance department...
Investor Sues Drugmaker Astrazeneca Over Coronavirus Vaccine Testing Claims
Jan 27 2021 // AstraZeneca PLC was sued by a pension fund on behalf of investors who it says suffered losses because of flaws in the company’s testing of its coronavirus vaccine. For much of last year, the Cambridge, England-based...
Volkswagen Wants U.S. Supreme Court to Nix ‘Staggering’ Diesel Claims by Counties
Jan 27 2021 // Volkswagen AG and a German auto supplier on Tuesday asked the U.S. Supreme Court to reverse a lower-court ruling that said two counties could seek financial penalties over excess diesel emissions that could total billions...
Bankruptcy Judge Approves Weinstein Co. Plan With $17M for Sex Abuse Claims
Jan 26 2021 // A U.S. Bankruptcy Court judge on Monday approved The Weinstein Co.’s liquidation plan, which sets aside $17 million for women who accused co-founder Harvey Weinstein of sexual misconduct. Judge Mary Walrath in...
Arkansas’ Tyson Foods to Pay $221.5M to Settle Price-Fixing Claims
Jan 25 2021 // Springdale, Arkansas-based Tyson Foods, the nation’s largest meat supplier, said it will pay more than $200 million to settle a class-action suit that alleged price-fixing among chicken producers, saying the...
S. Africa Insurer Santam Begins Processing 4,000 Business Interruption Claims
Jan 25 2021 // JOHANNESBURG— South African insurer Santam Ltd. said on Monday it will start processing business interruption claims for all commercial policies that were affected by a coronavirus-led lockdown in April beyond those of...
Volkswagen Talks Damages Claims Against Chip Suppliers Over Shortages
Jan 25 2021 // German car manufacturer Volkswagen is in talks with its main suppliers about possible claims for damages due to a shortage of semiconductors, a company spokesman said on Sunday. Automakers around the world are shutting...
How COVID Effect on Workers’ Compensation Claims Has Varied by State, Industry
Jan 25 2021 // The percentage of COVID-19 claims among all workers’ compensation paid claims has varied greatly among states and occupations, as has the decrease in non-COVID claims, new research shows. The percentage of COVID-19...
New Wave of Virus Claims Hit California Workers’ Comp
Jan 25 2021 // A California Workers’ Compensation Institute analysis of claims reported to the state Division of Workers’ Compensation as of Jan. 11 shows that the number of COVID-19 claims in the California workers’...
