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Insurance Claims

All articles tagged with #insurance claims

crime1 year ago

Florida Woman Arrested for Threatening Insurance Company with Violent Language

A Florida woman, Briana Boston, was arrested after allegedly threatening BlueCross BlueShield with the phrase "delay, deny, depose," which was linked to the recent murder of UnitedHealthcare CEO Brian Thompson. The phrase had been found on bullets used in the shooting, and Boston admitted to using it during a call with the insurer after her claims were denied. She claimed it was a reference to current events and not a genuine threat. Boston is charged with making a written threat to kill or injure, with bail set at $100,000.

via NBC Montana|
#arrest#bluecross-blueshield#crime
cybersecurity1 year ago

"UnitedHealth Group Cyberattack Causes Prolonged Outages and Security Concerns for Healthcare Providers"

A UnitedHealth Group executive suggested in a conference call that the outage caused by the Change Healthcare cyberattack could last for weeks, and the company is setting up a loan program to help providers unable to submit insurance claims while Change is offline. This timeline provides more clarity than what has been publicly offered since the outage began on Feb. 21.

via STAT|
#change-healthcare#cyberattack#cybersecurity
cybersecurity-healthcare1 year ago

"Change Healthcare Cyberattack Disrupts Prescription Filling at UnitedHealth Subsidiary"

UnitedHealth Group's subsidiary, Change Healthcare, suffered a cyberattack, causing a system outage that has disrupted insurance claim processing for hospitals and pharmacies. The severity of the attack, suspected to be orchestrated by a nation-state, has prompted federal law enforcement agencies to get involved. UnitedHealth has taken down its payment systems and is working with security experts and law enforcement while notifying affected parties.

via STAT|
#cyberattack#cybersecurity-healthcare#healthcare
automotive2 years ago

"Understanding the Higher Crash Rate of Teslas Compared to Gas-Powered Cars"

A report from LexisNexis Risk Solutions suggests that drivers switching from gas-powered cars to electric vehicles, particularly Teslas, experience a 14.3% increase in insurance claims frequency and a 14.5% rise in payout amounts. The unfamiliarity with EV features, such as instant readiness to drive, fast acceleration, and one-pedal driving, contributes to the higher crash rates. Repair costs for EVs are also higher due to complex features. The data supports Hertz's decision to sell off a significant portion of its EV fleet, mainly comprised of Teslas, due to expensive repairs.

via New York Post |
#automotive#crash-frequency#driving-habits
automotive2 years ago

"Understanding the Higher Crash Rate of Teslas Compared to Gas-Powered Cars"

Hertz is selling 20,000 electric cars due to high repair costs and increased crashes, with Teslas accounting for 80% of their EV fleet. Research shows that drivers switching to electric cars, especially Teslas, tend to crash more, possibly due to unfamiliarity with EV driving characteristics, such as instant start, rapid acceleration, and one-pedal driving. The lack of engine sounds and heavier weight of EVs also contribute to higher insurance claims. These findings raise concerns about driving behavior and the impact of EVs on insurance costs.

via CNN|
#automotive#driving-behavior#electric-vehicles
automotive2 years ago

"Tesla's Accident Rate Raises Questions About Autopilot Safety Claims"

A new study based on insurance claims reveals that Tesla drivers have the highest accident rate among all auto brands, contradicting Tesla's claims that its Autopilot safety features result in a lower crash rate. Tesla used to release an "Autopilot safety report" comparing its vehicles' crash rates to the industry average, but stopped doing so last year. The study analyzed millions of insurance claims and ranked Tesla as the brand with the most accidents per 1,000 drivers. However, the discrepancy in results could be due to Tesla's use of accidents that activated airbags, while the study included any crash.

via Electrek.co|
#accident-rate#automotive#autopilot
natural-disasters2 years ago

Tornadoes wreak havoc in Tennessee, leaving devastation and hope in their wake

Roofing companies in Nashville, Tennessee, have been inundated with calls following the recent tornado outbreak that damaged numerous homes. Music City Roofers, led by Jeff Richfield, has already filed 70 claims and expects to stay busy for the foreseeable future. Meanwhile, Douglas Quinn, executive director of the American Policyholder Association, is helping storm victims navigate insurance claims and avoid insurer fraud by advising them to document damage, hire professionals for inspections, and seek support from unbiased individuals.

via WKRN News 2|
#insurance-claims#insurer-fraud#nashville
legal-dispute2 years ago

Grieving Groom Battles Mother-in-Law Over Estate After Bride's Tragic Death

The mother of a bride killed by a drunk driver on her wedding day is taking legal action against her son-in-law, accusing him of fraud and dishonoring her daughter. The dispute revolves around insurance claims and settlement cash, with the mother petitioning the court to remove the son-in-law as executor of his late wife's estate and challenging the validity of their marriage. The legal settlement, potentially substantial, is at stake, and the son-in-law has offered his mother-in-law half of the cash on the condition that she stops pursuing legal challenges to their marriage.

via Daily Mail|
#drunk-driving#grieving-groom#insurance-claims
natural-disasters2 years ago

"Florida Insurers Brace for $9.36B in Claims as Hurricane Idalia Makes Historic Landfall"

Insurance claims in Florida from Hurricane Idalia are estimated to cost insurers $9.36 billion, with a 50% chance of losses exceeding $4.05 billion and a 10% likelihood of losses reaching $25.6 billion. The storm, which made historic landfall as a Category 3 hurricane, caused significant flooding and damage along Florida's Gulf Coast before moving on to Virginia. The insurance industry has already faced a challenging year due to losses from the Ukraine war and increasing wildfires and hurricanes. Insurers are expected to raise premiums in response to the higher costs, and some companies have pulled out of Florida altogether.

via Fox Business|
#cost#florida#hurricane-idalia
health2 years ago

Pandemic Spurs 50% Surge in Mental Health Spending, Study Reveals

A study published in JAMA Health Forum found that the use of mental health care increased by 39% and spending increased by 54% during the COVID-19 pandemic, with a tenfold increase in the use of telehealth. Most visits were for anxiety and depression, and the use of telehealth for mental health did not decline after the pandemic. Economists believe these changes are likely to be sustained, but insurers will need to weigh the benefits of continued increased spending. The rise in mental health services reflects reduced stigma and improved access to care, and experts expect the trend to continue as Americans face financial and housing insecurity.

via The New York Times|
#health#insurance-claims#mental-health
accidentsdisasters2 years ago

Phoenix Airport Parking Lot Destroyed in Propane Fire, Leaving Dozens Stranded

A propane-fueled fire at a neighboring business spread to the Sundance Airport Parking Lot in Phoenix, resulting in over 30 cars being completely destroyed. Customers returning from vacation were devastated to find their vehicles totaled, while a lucky few discovered their cars were untouched. Insurance claims will be a lengthy process, with customers advised to file a claim and keep receipts for potential reimbursement. Sundance Airport Parking lot is reaching out to customers with reservations to find alternative arrangements.

via Arizona's Family|
#accidentsdisasters#car-damage#insurance-claims
local-news2 years ago

South Florida's Recovery: Gas Stations, Tornado Warnings, and Chlorinated Water

Gasoline supplies in South Florida are expected to return to normal soon after flooding interrupted operations at fuel terminals in Port Everglades. Gasoline was brought in from other ports to offset the shortage. AAA advises residents who suffered flood damage to their home or vehicle to document the damage and contact their insurance provider as soon as possible to begin the claims process. Gas prices slipped last week but could soon rise due to global supply concerns causing oil prices to rise.

via WPLG Local 10|
#fuel-terminals#gas-prices#gasoline-outages