Claims Journal
 
 

Claims Headlines for December 10, 2021

 
 

Swiss Re: Litigation Funders Driving Social Inflation, 'Outsize' Verdicts

Swiss Re said in a report released Thursday that litigation funding has become a $17 billion industry globally, with 52% of that money...
 

School District Faces Two $100M Suits After Oxford Shootings

Two lawsuits seeking $100 million each have been filed against a Michigan school district, its superintendent and others after four...
 

Father, Son Arrested in Wildfire That Threatened Lake Tahoe

SACRAMENTO, Calif. (AP)--A father and son were arrested Wednesday on suspicion of starting a massive California wildfire that destroyed...
 

Robotaxi Race Opens Up as Top Contender Waymo in Low Gear in Arizona

CHANDLER, Ariz.--Alphabet Inc's Waymo risks losing its lead in the U.S. race to prove robotaxis are a viable business as it sticks to a...
 

Fla. Supreme Rules 'Hybrid' Reimbursement Model OK For PIP Claims

Automobile insurance carriers in Florida may limit reimbursement to health providers in keeping with a fee schedule in a personal injury...
 

US Safety Agency Discussing Tesla Camera Replacements

WASHINGTON--The U.S. National Highway Traffic Safety Administration (NHTSA) said Thursday it is discussing with Tesla its decision to...
 

Preliminary Hearing For 3 Charged in Duck Boat Accident

GALENA, Mo. (AP)--Three men charged after a tourist boat sank in Missouri during a 2018 storm, killing 17 people, were in court Wednesday...
 

VW to Pay $3.5 Million to Resolve Illinois Diesel Lawsuit

WASHINGTON --Volkswagen AG's U.S. unit will pay $3.5 million to resolve a lawsuit by the state of Illinois against the German automaker...
 
 

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Claims Professionals Share Effects of Pandemic in the Last Year

 
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Research and Webinars

 
research

Executive Insights: Success and Pain Points of Digital Implementation

Is your organization considering a digital transformation? You're not alone. As technology continues to improve the business...
 
research

A Positive Claims Experience is a Fast Claims Experience

The insurance industry is rapidly migrating away from the old, slow payment methods of the past, adopting fast, innovative new...
 
research

Social Media and Fraud Investigations: Using Social Media to Prove Fraudulent Insurance Claims and Liability Suits

Billions of people are active on social media these days—and they tend to share more, rather than less. This means insurance...
 
research

How to Protect Your Digital Payments and Maintain Security Compliance

The digital payment demand continues to grow in all industries – especially among large and mid-sized businesses. Nearly 75%...
 
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Editor's Picks

 

Medicaid Recovery Case Before Supreme Court May Drive Up Settlement Costs

A case to be argued before the United States Supreme Court next month could drive up the amount plaintiffs demand from insurers by...
 

Teen Truckers Are Taking to the Streets, and Safety Advocates Are Worried

Dezjion Henson has wanted to be a truck driver his whole life. When he turned 18 last year he jumped at the chance and signed on as an...
 

Insurer Must Defend Against Lawsuit Over Drug Overdose, Despite Exclusion

An insurer must defend its policyholders against a lawsuit that alleges their drug-dealer son caused the overdose death of a house guest...
 

NCCI: Work Comp Claim Frequency Dipped During Height of Pandemic

The COVID-19 pandemic corresponded with an unusual decrease in workers' compensation claim severity, while claim frequency was pretty...
 

Congressional Committee Seeks Lessons Learned From Ransomware Attack

In March 2021, CNA Financial Corp., one of the country's largest insurance companies, suffered a ransomware attack from a cybercriminal...
 

Viewpoint: Keeping the Human Element in AI Claims Management

Without a doubt, artificial intelligence (AI) is a valuable driver of innovation in today's insurance industry. Unfortunately, the...
 
 
 
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