Claims / Legal
Judge Approves $307.5M Fiat Chrysler Diesel Emissions Settlement
A federal judge in San Francisco on Friday approved a $307.5 million civil settlement for about 100,000 U.S. owners of Fiat Chrysler diesel vehicles that the government said had illegal software that ...
Carriers, Agents Gain Plenty by Keeping Small Biz Customers Happy With Claims Processing
If carriers and agents can handle their small business clients' claims well, they could be better positioned to keep their customers happy. Approximately 94 percent of small business owners who said ...
Two Exxon Shareholders Won’t Support Directors Due to ‘Inadequate’ Climate Change Response
Two Exxon Mobil Corp shareholders said on Friday they would withhold their support for the re-election of all ExxonMobil directors at the company's annual meeting due to the U.S. oil major's ...
State Farm, Allstate Sue Doctors and Pain-Management Clinics, Alleging Billing Fraud
Two insurance carriers filed separate lawsuits recently against medical doctors and their pain-management clinics, accusing them of submitting bills for unnecessary medical procedures performed on ...
‘Project Owl’ Wi-Fi Network May Be Easy Way to Save Lives During Natural Disasters
From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny ...
Financial Institutions Spend Plenty on Cybersecurity, but Money Isn’t Everything
Cybersecurity is becoming a costly endeavor for insurers and other financial institutions, but plan design and implementation can matter even more, according to a report released recently by Deloitte ...
PG&E Pursues U.S. Court Sign-Off for $105M Fund to Aid Wildfire Victims
PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider. PG&E in a filing in U.S. ...
Climate Change Pushes U.S. Fund Managers to Adjust Agriculture Investments
After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell ...