Senators Warren and Hawley Question Insurer Claims Practices
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How it started
What happened
Senators Elizabeth Warren and Josh Hawley sent letters to major personal lines insurers requesting claims data on auto and homeowners claims, particularly those closed without payment. They expressed serious concerns about consumer trust during emergencies. These actions follow a Wall Street Journal report that found auto insurers did not pay out on 45% of closed auto liability and medical claims last year.
From insurancejournal.com
Why it matters
The senators' inquiries follow reports that noted auto insurers failed to pay out on nearly half of closed liability claims. This scrutiny comes amid concerns that claims denials may be linked to recent increases in premiums and high profits reported by insurance companies.
From insurancejournal.com
Who's involved
- Josh HawleySenator who collaborated with Elizabeth Warren on questioning insurer practices.
- Elizabeth WarrenSenator who collaborated with Josh Hawley on questioning insurer practices.
How it developed
Newest first. Tap a step to see who reported it.- Senators Elizabeth Warren and Josh Hawley issued a letter to the CEO of State Farm Insurance regarding insurer practices.Sub-event
Hawley and Warren questioned insurance companies about their claims data practices.1 source
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The entities involved
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Josh Hawley
American lawyer and politician (born 1979)
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Elizabeth Warren
American politician (born 1949)