Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Replacement Cost and the 180-Day Limitation Myth
Oct 19 2020 // What’s the best way to launch this article? Don’t know if I should say I’m itching for a fight or if it’s better to say insurance carriers are misinterpreting coverage forms and I am trying to stop...
Malpractice Claims Against Hospitals Hold Steady But Severity Increases
Oct 16 2020 // The frequency of hospital professional liability claims is holding steady, but the cost of those claims is expected to increase by 3% next year, according to an actuarial analysis by Aon and the American Society of Health...
Former Catholic School Principal in W. Va. Claims He Was Fired for Reporting Abuse
Oct 13 2020 // A former principal at a West Virginia Catholic high school filed a wrongful termination lawsuit last month against a diocese, alleging he was let go for reporting complaints of inappropriate contact involving a priest and...
Top 10 Reasons P/C Insurers Run Afoul of Regulators’ Market Conduct Exams
Oct 8 2020 // Claims errors continue to be the most frequent reason that property/casualty insurers are cited by regulators when responding to market conduct complaints or during routine examinations, according to a report by Wolters...
Tennessee Releases App to Help Injured Workers File Comp Claims
Oct 8 2020 // Tennesseans have a new tool to help them file workers’ compensation claims – an app that lets them fill out key forms by speaking into a smartphone. It was developed after a study found that filling out the...
How Coronavirus Is Changing Claims, Risks, Work, Habits, Supply Chains and More
Oct 7 2020 // The magnitude of the COVID-19 pandemic as an economic loss events is unprecedented for companies and insurers alike and claims trends and risk exposures are likely to evolve in both the mid- and long-term as a result of...
Hollywood’s Insurer Braces for Claims Due to COVID-Related Movie, TV Shutdowns
Oct 6 2020 // Allianz SE, Europe’s largest insurer, is bracing for a flood of claims after movie and television studios were forced to curtail production during lockdown. A unit of Allianz, which says it’s the largest...
D&O Pressured But Insurers Big Enough to Handle: Fitch
Oct 5 2020 // As claims related to the economic fallout from the pandemic emerge in the U.S. directors and officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and underwriting...
Judges Nix Consolidating COVID Business Interruption Suits Against Big Insurers
Oct 4 2020 // A panel of federal judges has decided against consolidation of hundreds of lawsuits seeking coverage for coronavirus-related business interruption claims against major national insurers Travelers, The Hartford, Cincinnati...
Sedgwick Acquires Portuguese Loss Adjusting and Claims Management Firm
Oct 1 2020 // Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Perigest, a loss adjusting and claims management company in Portugal. “The transaction represents an...
Texas Workers’ Comp Networks Have Lower Medical Costs Than Non-Networks
Sep 30 2020 // Texas workers’ compensation claims handled through health care networks have lower medical costs than those managed outside networks, a state report finds. The Texas Department of Insurance has published its 2020...
Georgia Supreme Court Allows Lawsuit Against Sperm Bank to Proceed
Sep 30 2020 // A couple who accused a sperm bank of misrepresenting its process for screening donors and providing incorrect medical and educational history of the donor they selected can proceed with a lawsuit against the sperm bank,...
CaseGlide of Florida Adds Russ Smith as Chief Technology Officer
Sep 30 2020 // CaseGlide, LLC, a provider of claims litigation management software for claims organizations, has added Russ Smith as chief technology officer (CTO). A software industry veteran of more than two decades, Smith comes to St....
Agents Warned of ‘Creative’ Attorneys, Virus Lawsuits
Sep 30 2020 // Agents and brokers should be on alert that plaintiffs’ attorneys in COVID-19 related business interruption claims lawsuits may be eyeing them as more cases against insurance companies begin to fail and claimants...
HUB to Offer InsuraGuest Small Claims Hospitality Product to Hotel Clients
Sep 29 2020 // Hub International Limited (HUB), and InsuraGuest, Inc., have partnered to offer InsuraGuest’s Hospitality Liability coverage to HUB hotel clients in the U.S., with plans to expand to HUB’s clients in Canada by...
Report: COVID-19 Accounts for 1-in-9 California Workers’ Comp Claims in 2020
Sep 28 2020 // The California workers’ compensation COVID-19 claim count continued to grow in August, albeit at a much slower rate than in July, with new data showing that as of Sept. 21, the state had recorded 5,130 COVID-19...
Even Failed Claims Against Nurses Cost Insurers $20K, Liability Study Shows
Sep 28 2020 // Liability claims that involve nurses cost an average of $210,513 if a large indemnity payment is made, but even claims that are dropped, defeated or dismissed end up costing more than $20,000, according to a report...
EU Strikes Low-Cost Deal With AstraZeneca to Pay COVID-19 Vaccine Claims
Sep 28 2020 // European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters. The...
D&O Insurers Under Pressure But Big Enough to Handle Pandemic Claims, Says Fitch
Sep 28 2020 // As claims related to the economic fallout from the pandemic emerge in the U.S. directors & officers (D&O) liability insurance segment, insurers can expect the claims to take several years to pay out and...
Insurer Impact from Sally Expected to be Moderate; Losses Estimated at $1B to $3B
Sep 23 2020 // Insured losses from Hurricane Sally could reach as much as $3 billion, according to catastrophe modelers, but ratings agency Moody’s expects a moderate impact on property & casualty insurers and...
