Claims News Recap
September 24th - September 28th
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Friday, September 28th, 2018
Although 2017 — fraught with catastrophic incidents — was one of the costliest years on record for the global insurance industry, Aon’s new report has found that insurers’ capacity to meet their losses continues to grow. According to the brokerage giant, global insurer capital grew to US$4.5 trillion in the first half of 2017....
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Thursday, September 27th, 2018
The owner and an employee of a Fountain Valley-based treatment facility, along with five doctors and four so-called body brokers, have been arrested and charged in what authorities say was a scheme to fraudulently bill insurance companies millions of dollars for experimental, unnecessary and potentially harmful surgeries on recovering addicts....
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Wednesday, September 26th, 2018
Delta and JetBlue, two of the largest U.S. carriers, are facing separate class actions that accuse them of failing to disclose to consumers that they receive payments from sales of travel cancellation insurance promoted on their websites. According to the nearly identical lawsuits, which were both filed earlier this month by Florida law firm Leon Cosgrove, the airlines leave consumers....
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Tuesday, September 25th, 2018
With small claims cases in Florida spiraling out of control, a group of insurers is looking to confront the law firms who are thought to be contributing to the rise of insurance costs in the state. In 2016, Volusia County, FL had fewer than 4,500 small claims lawsuits. However, in 2017, that number more than doubled to a staggering 12,000....
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Monday, September 24th, 2018
Authorities responded to another train derailment in a small northwest Iowa town Sunday morning after a week of heavy rains. Sioux County authorities said no one was hurt in the accident and no hazardous materials had leaked into the Floyd River or could be detected in the air above Alton, near where the train crashed Sunday....
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