Claims Journal
 
 

Claims Headlines for July 29, 2022

 
 

Ordinance-or-Law Endorsement Entitles Mall Owner to Roof Replacement, 8th Circuit Says

The ordinance-or-law endorsement in a commercial property policy may require Cincinnati Insurance Co. to pay $1.3 million to replace a...
 

Kentucky Flooding Death Toll Rises to 15 and Is Expected to Grow

Kentucky's death toll from record flooding has risen to 16 people and many more are missing as incessant rain inundates homes, washes...
 

Fla. 3rd: Policyholder Who Blocked Repairs Can't Recover Damages from Insurer

Insureds cannot recover damages from the insurance company if they failed to comply with the policy and failed to allow the insurer to...
 

Pipeline Company to Pay Nearly $1M over California Oil Spill

HUNTINGTON BEACH, Calif. (AP) -- The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off...
 

NY Attorney Gets Three Years in Cash4Cases Litigation Funding Scheme

A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt litigation...
 

Watchdog Head: Fines May Not Stop Bad Behavior by Companies

NEW YORK (AP) -- The head of the nation's financial watchdog is having second thoughts about how useful fines are in deterring illegal...
 

Lloyd's of London's Ascot, Marsh Provide Insurance for Ukraine Sea Corridor

LONDON -- Lloyd's of London insurer Ascot and broker Marsh MMC.N on Friday launched marine cargo and war insurance for grain and food...
 

Wildfires in Germany, Czechia Threatening Tourist Region

BERLIN (AP) -- A large wildfire on the German-Czech border is spreading and threatening to destroy a forested national park popular with...
 
 

Videos

 
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Claims Professionals Share Effects of Pandemic in the Last Year

 
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SPONSORED: What's Missing From Your Subrogation Program?

 

Job Board

 

Operations Analyst, Claim - The Travelers Companies, Inc. - Hartford, CT

 

Senior Property Adjuster - Field and Virtual Large Loss - Allstate - Toledo, OH

 
 

Research and Webinars

 
research

The Commerce Bank Approach to Claims Payment Processing

Understanding the digital claims payment experience doesn't need to be complicated. That's why the CommercePayments® team at...
 
research

What Can Be Gained from Utilizing Data Intelligently

There are two major challenges facing insurance claims professionals today: climate change and human behavior. Loss ratios are...
 
research

Do Data-Driven Solutions Outperform Human Experience and Expertise?

While many adjusters might argue Claims Handling is an art, researchers think otherwise. They're beginning to turn to science to...
 
More research and webinars »
 
 

Editor's Picks

 

Appeals Court Reverses Verdict Against Surgeon in Spinal Implant Kickback Case

A federal appellate court overturned a $5.5 million jury verdict against a Missouri orthopedic surgeon who is accused in a whistleblower...
 

Appellate Court Upholds Rule Allowing Longer Hours for Commercial Drivers

A federal appellate court on Tuesday upheld rules adopted during the Trump administration that allowed commercial drivers engaged in...
 

Auto Claimants Waiting Longer for Collision Repairs

Auto claimants are waiting longer for collision repairs -- 4.5 days longer this spring compared to the same period last year, according...
 

Allianz Notes Rising Business Interruption Costs in Global Claims Report

The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state's...
 

11th Circuit Revives Investor-Funded Medicare Secondary Payer Act Lawsuit Against Insurers

A Miami-area collections company backed by litigation-funding investors has won another appellate court victory over insurers, persuading...
 

NJ Supreme: Statute Allows Construction Defect Claim; Arbitration Clause Applies

New Jersey's Direct Action Statute allows a condominium association's construction defects claims against an insurer, but the plaintiff...
 
 
 
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