Claims Pages
claimspages
Citizens Property Insurance Rate Increase Proposal Denied by Florida Regulators

Citizens Property Insurance Rate Increase Proposal Denied by Florida Regulators

Florida’s ongoing battle with rising insurance rates has taken a new turn as the Florida Office of Insurance Regulation has taken a stand against Citizens Property Insurance Corporation’s latest proposed rate increase.
August 24, 2023 Legislation & Regulation Property Florida

It’s Time To Get Organized

It’s Time To Get Organized

The legal landscape has witnessed a surge in nuclear verdicts, or jury awards in civil cases that exceed $10 million.
August 24, 2023 Litigation

Turmoil in Florida: Triple-I Warns of Imminent Insurer Insolvency

Turmoil in Florida: Triple-I Warns of Imminent Insurer Insolvency

Another Florida homeowners’ insurer insolvency could be on the horizon, and it could be the biggest the state has seen this year, according to the Insurance Information Institute (Triple-i).
August 24, 2023 Insurance Industry Florida

Another Round of Layoffs at GEICO

Another Round of Layoffs at GEICO

Insurance company GEICO has undergone another tranche of layoffs, employees have reported on social media.
August 24, 2023 Insurance Industry

Storm Damage Estimate Rises to $30M in North Andover, Massachusetts

Storm Damage Estimate Rises to $30M in North Andover, Massachusetts

The estimated damage from two days of intense rain that fell on North Andover in August stands at $29,910,097.57.
August 23, 2023 Property Massachusetts

Hurricane Ida Claims Litigation Deadline Approaches in Louisiana

Hurricane Ida Claims Litigation Deadline Approaches in Louisiana

As the one-year anniversary of Hurricane Ida approaches, Louisiana Insurance Commissioner Jim Donelon has issued a reminder about the approaching deadline for initiating legal proceedings against insurance providers.
August 23, 2023 Litigation Property Louisiana

The Secret Sauce in Injured Worker Recovery? It’s Nutrition!

The Secret Sauce in Injured Worker Recovery? It’s Nutrition!

Let food be thy medicine, and let medicine be thy food. Said by Hippocrates a very, very long time ago, this nonetheless comes as breaking news in the evolving understanding of patient engagement.
August 23, 2023 Workers' Compensation

Hawaii Wildfires May Generate Insured Losses Exceeding $4.5 Billion

Hawaii Wildfires May Generate Insured Losses Exceeding $4.5 Billion

Moody’s RMS on Tuesday said insured losses from the wildfires Aug. 8-10 in Hawaii could exceed $4.5 billion.
August 23, 2023 Catastrophe Property Hawaii

Top 10 Challenges for Insurers

Top 10 Challenges for Insurers

Insurance companies are grappling with a range of challenges that require them to adapt and innovate to stay competitive in the ever-evolving industry. From emerging technologies to changing consumer expectations, insurers are facing a complex landscape that demands their attention.
August 23, 2023 Insurance Industry

Cruise’s Robotaxi Fleet to Be Halved in San Francisco Following Recent Accidents

Cruise’s Robotaxi Fleet to Be Halved in San Francisco Following Recent Accidents

General Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
August 22, 2023 Auto

Over 1.5M Dehumidifiers are Under Recall After Fire Reports

Over 1.5M Dehumidifiers are Under Recall After Fire Reports

More than 1.5 million dehumidifiers are under recall following reports of nearly two dozen fires, according to the U.S. Consumer Product Safety Commission.
August 22, 2023 Subrogation

Proposed NHTSA Regulations Advocate Seat Belt Use for All Passengers

Proposed NHTSA Regulations Advocate Seat Belt Use for All Passengers

The Department of Transportation is proposing new rules designed to encourage seat belt use by car and truck passengers, including those sitting in the back seat.
August 22, 2023 Auto Legislation & Regulation

Nissan Recalls 236K+ Cars for Loss of Steering Control

Nissan Recalls 236K+ Cars for Loss of Steering Control

Nissan is recalling more than 236,000 small cars in the U.S. because the tie rods in front suspension can bend and break, possibly causing drivers to lose steering control.
August 22, 2023 Auto Subrogation

What’s Trending in Auto Loss Combined Ratios

What’s Trending in Auto Loss Combined Ratios

Some Canadian auto insurers may be experiencing fewer losses than their U.S. counterparts, a new report from ratings agency Fitch suggested.
August 21, 2023 Auto Underwriting

Turning Challenges Into Opportunities

Turning Challenges Into Opportunities

The insurance industry is rapidly evolving, and the adoption of new technologies is spreading from underwriting departments to claims. As a new landscape emerges, carriers face new risks and challenges, but there are also opportunities for claims departments that prioritize, strategize, and implement new methods effectively.
August 21, 2023 Insurance Industry
Mid-America Catastrophe ServicesOmega Forensic Engineering, IncWeller SalvageNationwide Overspray