Claims Journal
 
 

Claims Headlines for February 17, 2022

 
 

Owner's Statement About Value of Contents Sinks Claim For Destroyed Home

After his house burned down in 2015, Rick Merechka turned in a sworn proof of loss statement telling his insurance company that the...
 

Judge Approves $73M Sandy Hook Settlement; 4 Carriers Sharing Loss

The cost of a $73 million settlement that gunmaker Remington Arms agreed to pay to families of victims of the Sandy Hook massacre will...
 

Tanker Crashes Into Long Island Building, Causing Huge Blaze

ROCKVILLE CENTRE, N.Y. (AP) -- A tanker carrying 9,200 gallons of gasoline overturned, crashed into a vacant building and burst into...
 

Tesla Braking Issue Spurs Second US Probe Related to Autopilot

The U.S. National Highway Traffic Safety Administration opened its second defect investigation related to Tesla Inc.'s Autopilot,...
 

Lithuania Warns Banks of Cyber Attacks, Power Cuts Amid Fears of War in Ukraine

Lithuania's central bank has told the country's banks to prepare for power cuts and cyberattacks as Russia's standoff with Ukraine risks...
 

NatWest Faces $2.7M-Plus Damages Claim After Dismissing Banker With Cancer

LONDON --NatWest Group NWG.L is facing a 2 million pound-plus ($2.7 million) compensation claim after a London tribunal ruled it had...
 

Lower Catastrophe Losses Help AIG Profit Beat Estimates

U.S. insurer American International Group Inc AIG.N topped fourth-quarter profit expectations on Wednesday as it benefited from strong...
 

Death Toll Rises to 9 in Fishing Disaster Off Newfoundland

BARCELONA, Spain (AP) -- Canadian rescuers have located more bodies from a Spanish fishing ship that sank in rough seas off Newfoundland,...
 
 

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Claims Professionals Share Effects of Pandemic in the Last Year

 
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Research and Webinars

 
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Executive Insights: Your Roadmap to Successful Digital Transformation

Is your organization considering a digital transformation? You're not alone. As technology continues to improve the business...
 
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The Future of Insurance Payments: Bridging the Gap to Digital Claims Payments

If your organization isn't using digital payments for insurance claims, you may be losing business to competitors who are. More...
 
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Editor's Picks

 

Judge to Decide Fate of J&J Baby Powder Bankruptcy Strategy in February

Johnson & Johnson should know by the end of next month whether its controversial use of bankruptcy to try to resolve billions of...
 

Updated CMS Guide Spells Out the Risk of Skipping CMS Review of Work Comp Settlements

Insurers that are inclined to skip a government review of proposed workers' compensation settlements may think twice about that strategy...
 

Delaware Supreme: Insurers Have No Duty to Defend Rite Aid Against Opioid Lawsuits

Chubb Ltd. has no duty to defend Rite Aid Corp. against lawsuits filed by two Ohio counties that allege the drug store chain's failure to...
 

N.Y. Court Reverses SWCB, Awards Benefits to Widow of World Trade Center Recovery Worker

A New York appellate court on Thursday reversed the State Workers' Compensation Board and awarded death benefits to a court employee who...
 

Viewpoint: Telehealth Risks and Predicted Impacts For 2022

The COVID-19 pandemic reshaped the delivery of healthcare - including the adoption of telehealth, defined as the delivery and...
 

Calif. Court of Appeal Allows 2 Insurers To Pursue Fraud Suits Against Pain Doctor

A decision by a California appellate court last month allows both Allstate and State Farm to pursue lawsuits seeking penalties against an...
 
 
 
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