Claims Journal
 
 

Claims Headlines for February 22, 2022

 
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Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years

The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis...
 

Troubling Questions Follow Closure of Sprawling Pain Clinic Chain

HANFORD, Calif. -- On May 13 of last year, the cellphones of thousands of California residents undergoing treatment for chronic pain lit...
 

COVID Underscores Lack of Whistleblower Protections

FORT WORTH, Texas -- Inside a partially completed Amazon warehouse here, workers last summer walked on conveyor belts four stories high...
 

Survivor and Body Found on Burning Ferry Off Greek Island

ATHENS, Greece (AP) -- Greek emergency workers rescued a Belarussian truck driver Sunday from a burning ferry off the island of Corfu and...
 

Viewpoint: Satisfying Policy Retentions or Deductibles with Other People's Money

Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay any...
 

Porsches, Lamborghinis Lost at Sea May Cost VW $155 Million

The cargo ship carrying about 4,000 Volkswagen AG vehicles that caught fire last week could cost the automaker at least $155 million,...
 

Double-Booked Surgeries Lead to $14.6 Million Settlement

BOSTON (AP) -- Massachusetts General Hospital will pay $14.6 million to settle a lawsuit that alleged overbilling for double-booked...
 

Northern Europe Battered by 3rd Major Storm; Deaths Hit 14

LONDON (AP) -- Northern Europe was battered by the third major storm in five days, with heavy rains and high winds on Sunday and Monday...
 
 

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?

 

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Columns

 
 

Viewpoint: Spoliation By Insurer Can Destroy Subrogation Potential

Insurance companies, third-party adjusting companies, and subrogation vendors are increasingly undertaking subrogation investigation at...
 
 

Research and Webinars

 
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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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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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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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