Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Hurricane Irma’s ‘Last Gasp’: 3-Year Claims Deadline Put to the Test
Sep 10 2020 // It’s been 3 years since Hurricane Irma made landfall in Florida as a Category 4 storm, and the trail of damage left in its wake is still being felt across the state today, particularly by the insurance industry as it...
Lloyd’s Reports First Half Loss of $520M on COVID-19 Insurance Claims
Sep 10 2020 // Lloyd’s of London recorded a pretax loss of 400 million pounds ($520.08 million) in the first half, battered by the coronavirus pandemic, the commercial insurance market said on Thursday. Insurers around the world...
Buffett’s Duracell Countersues Energizer, Alleging False Ads Over Battery Life Claims
Sep 9 2020 // Duracell, the battery unit of Warren Buffett’s Berkshire Hathaway Inc., sued the maker of Energizer batteries on Tuesday, accusing it falsely advertising that its Energizer MAX batteries last up to 50% longer than...
Defendants in Separate COVID-19 Business Interruption Suits Score Wins in Texas Courts
Sep 7 2020 // Rulings in two lawsuits originating in Texas over business income losses related to the COVID-19 pandemic were handed down in August in favor of insurance firms. In one, an insurance agency was added to a restaurant...
Insurers, Covid-Hit Businesses May Be at Odds Over Interruption Claims for Disasters
Sep 4 2020 // As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break. Many companies that were damaged...
Florida Workers’ Comp Rates Going Down, Again
Sep 4 2020 // The downward trend for Florida workers’ compensation rates is set to continue next year thanks to favorable loss experiences from policy years 2017 and 2018. The latest filing from the National Council on...
How One Hospital Addresses Sexual Harassment Claims and Culture
Sep 3 2020 // Sexual harassment is not a new or rare phenomenon in the workplace, but since the #MeToo movement began in late 2017, more victims have come forward to report allegations of harassment at work, including at health care...
Hudzik-Presson Named Chief Claims Officer at Wisconsin’s Church Mutual
Sep 3 2020 // Becky Hudzik-Presson has been named chief claims officer at Merrill, Wisconsin-based Church Mutual Insurance Co. S.I., reporting to Scott Names, senior vice president – Shared Services and chief information...
Accusers Oppose $35M Weinstein Insurance Settlement of Sexual Misconduct Claims
Sep 3 2020 // Lawyers for Harvey Weinstein’s bankrupt film studio on Wednesday presented a revised proposal to settle sexual misconduct claims against the disgraced former producer, but an attorney for accusers pledged to oppose...
Family of Teen Killed Near Washington Protest Zone Files $3B Claims
Sep 2 2020 // The father of a 19-year-old Seattle man shot and killed in the Capitol Hill Organized Protest zone has filed wrongful death claims totaling $3 billion, seeking $1 billion each from the city of Seattle, King County and the...
Florida High Court Rejects Strems Bid to Dissolve Suspension; Contempt Petition Filed
Sep 2 2020 // A Florida attorney accused of causing great public harm through a “vast campaign of unprofessional, unethical, and fraudulent conduct,” by way of thousands of insurer lawsuits has lost his latest battle to...
Insurance Plays Key Role in Civil Rights Settlements Against Law Enforcement
Sep 2 2020 // Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place across the country, according to an insurance policyholder attorney who...
Drones Help Insurance Companies Check Windstorm Damage in Iowa
Aug 31 2020 // Insurance adjusters who descended on Cedar Rapids, Iowa, after the Aug. 10 derecho storm are using drones to check roofs and asking homeowners with less severe damage to take their own photos. Some of this is due to the...
Analytics Helping Insurers Identify Workers’ Compensation ‘Mega’ Claims More Quickly
Aug 28 2020 // The share of “mega” workers’ compensation claims — those expected to cost $3 million or more — climbed steadily since 2013 after dropping as construction employment declined sharply during the Great...
North Carolina Fines Gerber Life Insurance Co. $1.1 million for Claims Violations
Aug 28 2020 // The North Carolina Department of Insurance has entered into a voluntary settlement agreement with Gerber Life Insurance Company that includes a $1.1 million penalty for numerous violations related to its claims practices...
California Commissioner Issues Emergency Notice to Expedite Wildfire Claims
Aug 26 2020 // California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurance companies doing business in California, requesting they expedite claims handling for California...
Natural Catastrophe Claims Cost Insurers More Than Coronavirus in First Half: Fitch
Aug 26 2020 // COVID-19-related claims were not the biggest driver of the North American property/casualty insurance industry’s overall combined ratio during the first six months of 2020. Natural catastrophes cost insurers more,...
Honda to Pay $85 Million to States Over Defective Takata Air Bags Claims
Aug 26 2020 // Units of Honda Motor Co. have agreed to pay $85 million to settle an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles, according to a consent order made public on...
Taiwan Claims Alibaba-Linked Site Is Cyber Security Risk
Aug 25 2020 // Taiwan declared an e-commerce platform linked to China’s Alibaba Group a potential security risk and has told its operator to register as a company from the rival mainland or dispose of its ownership stake. The order...
Lloyd’s Appoints Canal’s Bond as U.S. Head of Claims
Aug 25 2020 // Lloyd’s of London has named Carey Bond as U.S. head of Claims, a newly created role that stems from the Future at Lloyd’s strategy. Based in Greenville, South Carolina, he’ll be responsible for overseeing...
