Claims / Legal
Europe’s Digital Health Pass Plans Confront Data Security and Fraud Risks
As Europe races to set up a digital health pass scheme to save the holiday season from the pandemic, technical and political obstacles are showing just how big a challenge the world faces in building ...
SCOTUS Pursues Biden Administration Views on VW Emissions Case
The U.S. Supreme Court on Monday asked President Joe Biden's administration to weigh in on whether Volkswagen AG can be sued by local governments in Florida and Utah for damages stemming from the ...
GEICO Must Pay $2.7M to Settle Claim After Rejecting $30,000 Payout
GEICO Indemnity Co.'s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling Monday by the Georgia Supreme Court. The high court's 7-0 decision ...
NYC Sues Three Major Oil Companies Over Climate Change Claims
New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as "cleaner" and ...
COVID-19 Knocks U.S. Inland Marine Insurance Behind in 2020: A.M. Best
The U.S. inland marine insurance segment experienced a "significant downturn in profitability" in 2020, with its loss ratio deteriorating by nearly 16 percentage points amid the COVID-19 pandemic, ...
Insurer Representing Grounded Suez Ship Appeals Detention by Egypt
Unemployment Scam May Be Part of GEICO Data Breach
Auto insurer GEICO recently reported that fraudsters have been stealing license numbers of its customers for the past few months and possibly using them to fraudulently apply for unemployment ...
Reinsurers Still Made Money in 2020 Despite Catastrophe and Investment Losses: Aon
Despite the combined effects of around $25 billion of pandemic and natural catastrophe-related losses as well as compromised investment returns, a group of reinsurers studied by Aon reported positive ...
The Hartford CEO Swift: Optimistic About BI Claims and Pandemic Fading
The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and said related concerns about business interruption ...