Claims
Claims news and analysis from Insurance Wire, updated daily.
- Travelers Reports 57% Surge in Financial Fraud Claims as AI Reshapes Cyber Risk
Business email compromise and financial fraud now make up roughly half of Travelers' cyber claims, with frequency up 57% in a year and severity up about 30% since 2023. Executives at a...
- 2nd Circuit revives Lidl wage case over unpaid pre-shift wait time
A federal appeals court has reinstated a wage lawsuit against grocery chain Lidl, ruling that a former employee plausibly stated a claim for unpaid time spent waiting outside locked stores before...
- Arkansas appeals court orders AIG units and dozens of insurers to defend Walmart in opioid cases
The Arkansas Court of Appeals has ruled that American International Group subsidiaries and a broad group of excess insurers must cover Walmart's defense costs across more than 2,400 opioid...
- Fifteen states sue Corteva, alleging Vylor spinoff shields assets from PFAS claims
A bipartisan coalition of fifteen state attorneys general and Guam filed suit in Indiana state court Thursday, accusing Corteva of structuring its spinoff of the seed business Vylor to put its...
- State Farm to add 3,000 claims staff in 2027 as weather and vehicle complexity drive demand
State Farm plans to grow its claims workforce by roughly 10 percent next year, adding 3,000 net employees to a team that already handles nearly 11 million claims annually. Both Claims Journal and...
- Texas Supreme Court Takes Up Zurich Challenge Over BNSF Asbestos Defense Costs
The Texas Supreme Court has agreed to hear Zurich American Insurance Co.'s challenge to a ruling that requires it to keep funding BNSF Railway's defense against hundreds of asbestos exposure...
- Insurance Australia Group settles A$2.8 billion Credit Suisse Greensill lawsuit
Insurance Australia Group has agreed to settle a lawsuit brought by Credit Suisse over losses tied to the collapse of Greensill Capital, with the claim valued at A$2.8 billion (approximately...
- Housing starts and permits keep sliding, but construction jobs have not broken yet
August housing data shows starts at a seasonally adjusted annual rate of 1.275 million and permits at 1.394 million, both continuing a multi-year downtrend. Builders have so far avoided the sharp...
- Florida appeals court revives Taiwanese yacht insurer dispute over forum clause
A Florida appellate panel has unanimously ruled that a forum clause in Fubon Insurance's marine cargo policies did not bar a Florida court from hearing a breach-of-contract suit brought by yacht...
- Lucid and Bolt to deploy 25,000 autonomous EVs across Europe
U.S. electric vehicle maker Lucid Group and European ride-hailing platform Bolt have announced a partnership to roll out 25,000 fully autonomous vehicles in major European cities, with Bolt...
- Verisk Maplecroft: El Niño and Iran war lock in Asia food security risk
A convergence of El Niño-driven crop failures and war-related fertilizer disruptions is hardening food security risks across Asia, with civil unrest already visible in several markets, according...
- 5th Circuit rules Tokio Marine unit owes no defense in 'My 600-lb Life' suits
A Philadelphia Indemnity Insurance Company policy endorsement excluding 'any/all reality shows' bars coverage for lawsuits brought by former participants in the TLC series, the U.S. Court of...
- Howden gets Oct. 16 deadline to produce personal device data in Brown & Brown suit
A Massachusetts judge has extended Howden U.S.'s document production deadline to Oct. 16 in Brown & Brown's lawsuit alleging a coordinated raid on its employees and clients. The discovery now...
- 9/11 at 25: Insurance Industry Paid $59 Billion in Today's Dollars, Marsh and Aon Lost Hundreds
Claims Journal has published a detailed 25th-anniversary account of the September 11 attacks, including the insurance industry's direct human and financial toll. The industry paid out roughly...