Claims Journal
 
 
 

  Top 10 for the Past Week

 
 
 
 

1

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

Feb 17, 2022 -- After his house burned down in 2015, Rick Merechka turned in a sworn proof of loss statement telling his insurance company that the replacement value of his household goods was $607,640. But in December... read more
 
 
 
 

2

Texas Supreme Court Validates Exception to 8-Corners Rule

Feb 15, 2022 -- For more than 50 years, insurers have know that their duty to defend a Texas policyholder from a lawsuit must be decided based only on the language of the insurance contract and the allegations made by... read more
 
 
 
 

3

Wisc. Supreme Court Limits Bodily Injury Coverage to Insured Persons

Feb 16, 2022 -- An auto insurer is not required to pay underinsured motorist benefits to the son of man who was killed in an auto crash because the father was not insured by its policy, the Wisconsin Supreme Court... read more
 
 
 
 

4

The Mileage on Your Car Matters, But Not Always the Way You Think

Feb 16, 2022 -- On Jan. 5, a 2005 Porsche Carrera GT with just 780 miles on its odometer sold on the online auction site Bring a Trailer for $1.9 million. The astounding sum set a world record for the sale of this kind... read more
 
 
 
 

5

Historic Inflation Driving Up Loss Costs for Auto, Property Insurers

Feb 14, 2022 -- The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5% inflation rate announced last week. Perhaps that should be no... read more
 
 
 
 

6

Judge Delays Start of Boy Scouts Bankruptcy Plan Hearing

Feb 14, 2022 -- DOVER, Del. (AP) -- The judge presiding over the Boy Scouts of America bankruptcy has delayed the start of a trial to determine whether the BSA's reorganization plan should be confirmed after an... read more
 
 
 
 

7

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

Feb 17, 2022 -- The cost of a $73 million settlement that gunmaker Remington Arms agreed to pay to families of victims of the Sandy Hook massacre will fall on four insurers. Ironshore, a Liberty Mutual subsidiary;... read more
 
 
 
 

8

Tanker Crashes Into Long Island Building, Causing Huge Blaze

Feb 17, 2022 -- ROCKVILLE CENTRE, N.Y. (AP) -- A tanker carrying 9,200 gallons of gasoline overturned, crashed into a vacant building and burst into flames on Long Island early Wednesday, shutting down traffic for... read more
 
 
 
 

9

Progressive Says Technology Pulling Auto Safety in Opposite Directions

Feb 10, 2022 -- While automakers are making progress in including lifesaving automatic safety devices with their latest vehicles, advances in another kind of technology may be having the opposite effect on auto safety.... read more
 
 
 
 

10

Lawsuit Alleges Tesla Aware That Its Vehicles Crash Into Emergency Vehicles

Feb 11, 2022 -- The husband of a woman who was killed when the couple's Tesla Model 3 ran into a stationary fire truck has filed a lawsuit accusing the company and its founder, Elon Musk, of deceiving the public with... read more
 
 
 
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