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Complaints and Disputes
Complaints and Disputes in Property Insurance: the news, the names and what changed.
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Navigating ‘Capacity’ in D&O Claims: Why Policy Language, Titles (and Even Signature Blocks) Matter
1+ week, 1+ day ago (645+ words) Directors’ and officers’ liability insurance only protects boards, executives, and other individuals for claims challenging conduct undertaken in an official capacity on behalf of the insured company. Given the importance of the specific role, status, or official function held when…...
Business interruption claims soar: Allianz report
16+ hour, 10+ min ago (257+ words) Business interruption claims severity is rising sharply, with average claim values rising by more than 30% annually over the past two years, according to a report issued Thursday by Allianz Commercial. The average full value of a business interruption insurance claim…...
Insurers To Revisit Clifton For Consultations
1+ day, 6+ hour ago (106+ words) Details of the consultations are below: No bookings are required. Customers may attend at their convenience. Quotes attributable to ICA Director of Mitigation and Extreme Weather Response, Liam Walter: "It has been almost 12 months since Clifton and the surrounding region…...
LACo Investigates FAIR Plan for Claims Handling Practices
1+ day, 11+ hour ago (569+ words) Los Angeles County launched an investigation into the claims handling practices by the California FAIR Plan Association for policyholders impacted by the January 2025 Eaton and Palisades fire, it was announced Wednesday. The county’s investigation focuses on potential violations of California’s…...
LA County Launches Investigation into FAIR Plan for Claims Handling Practices
1+ day, 12+ hour ago (569+ words) Los Angeles County launched an investigation into the claims handling practices by the California FAIR Plan Association for policyholders impacted by the January 2025 Eaton and Palisades fire, it was announced Wednesday. The county’s investigation focuses on potential violations of California’s…...
Workers’ comp’s pricing correction has a patient zero: California
1+ day, 20+ hour ago (584+ words) California is starting to look like the patient zero of a workers’ compensation pricing correction, with rates moving higher after years of declines while much of the country remains locked in intense competition for the line. That is a markedly…...
The claims deluge: Why traditional operating models are breaking under pressure
2+ day, 10+ hour ago (23+ words) PropertyCasualty360 The claims deluge: Why traditional operating models are breaking under pressure...
Warren, Hawley Press Insurers Over Closed, Unpaid Claims
2+ day, 21+ hour ago (258+ words) U.S. Senators Elizabeth Warren and Josh Hawley are questioning six insurers, including State Farm Mutual Automobile Insurance Co. and Allstate Corp., over concerns about a growing number of claims that are closed without payment to policyholders. Related: Report: Property Claims Face…...
Senators press State Farm, Allstate over claims closed without payment
2+ day, 23+ hour ago (40+ words) Crain's Chicago Business Senators press State Farm, Allstate over claims closed without payment These 14 families wield influence across Chicago and Illinois through business, politics, philanthropy, sports and civic institutions....