NFL Hit With $4.7 Billion Damages in Sunday Ticket Trial On Claims Journal - June 28, 2024 The National Football League was hit with about $4.7 billion in damages — which stands to be tripled to $14 billion under federal law — after losing a jury trial over anticompetitive features of its Sunday Ticket broadcast package. Link To Article

Big Banks to Pay $46 Million to Settle Swaps Collusion Case On Claims Journal - June 28, 2024 Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan to pay a combined $46 million to end a lengthy legal battle with pension plans that accused them of conspiring to block competitors in interest-rate swaps trading. Link To Article

The Problem(s) With Hail Claims – Part 2 On Claims Journal - June 28, 2024 In last month’s column, we began our examination of hail and windstorm claims issues by focusing on the pervasive problem of whether delayed discovery and reporting of hail damage meets the conditional requirements of most homeowners policies to report damage promptly or as soon as practicable. Link To Article

The Problem(s) With Hail Claims, Part 1- A Cautionary Tale for Insureds and Insurers On Claims Journal - May 30, 2024 Last year while I was out of town, a roofing company showed up at my home and told my wife there had been a hailstorm recently, so they were visiting impacted neighborhoods and providing free inspection services. She let them on the roof and, of course, they found extensive hail damage even though the storm they referred to did not deposit any hail in our immediate area that we were aware of. Link To Article

More Other Claims News

May 11, 2024 - This sends a very strong message -- Homeowners insurance company in Florida fined $1M

May 8, 2024 - NY work comp claims 45 percent more likely on high-heat days, report finds

April 24, 2024 - Medicare-- Dont you forget about me-- in workers compensation settlements

April 23, 2024 - SIRA audit highlights issues in government work comp claims management

April 15, 2024 - Storms send UK property damage claims to record high

April 11, 2024 - Mesothelioma Risk an Issue Raised in California Liability Claim

Other Claims News Archive