Claims News Recap
October 16th - 20th, 2017
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Friday, October 20th, 2017
It has been busy in insurance lately, as the industry continues to engage and consider the future — first at our customer conference, Convergence 2017, then at Insurtech Connect. Both conferences had record attendances, a sign that insurers are both grappling with change and committed to making it happen...
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Thursday, October 19th, 2017
An insurance dispute involving former Tulsa Mayor Kathy Taylor and a $4 million blue diamond ring that she lost while vacationing in California has landed in federal court. Taylor, currently chief of economic development for Tulsa Mayor G.T. Bynum, is seeking an unspecified amount in excess of $75,000 in a breach-of-contract lawsuit against AIG Property Casualty Co. and an insurance broker...
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Wednesday, October 18th, 2017
The relentless hurricane season is keeping Bloomington-based insurers busy. With seven weeks to go, the 2017 hurricane season is already the third most active on record. That’s led to tens of thousands of claims worth hundreds of millions of dollars for State Farm Insurance and Country Financial, the companies said Friday...
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Tuesday, October 17th, 2017
"You can’t fix anything until insurance comes through. Well, we haven’t heard anything from insurance, so how do you keep moving on? You’re just frozen.” The sentiments of Jeni Kite are common for many in the aftermath of Harvey. "It’s so slow it’s unreal,” is how David Lee describes the process...
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Monday, October 16th, 2017
Hyatt Hotels Corp (H.N) said on Thursday it had discovered unauthorized access to payment card information at certain Hyatt-managed locations worldwide between March 18, 2017 and July 2, 2017. Hyatt said the incident affected payment card information, such as, cardholder name, card number, expiration date and internal verification code...
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