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Samsung plant sues insurer over $400M in winter storm damage claims

February 13, 2023

Factory Mutual paid Samsung $126 million of the $400 million claim, citing policy exclusions for events that occur off the insured property.

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LexisNexis® Risk Solutions

From LexisNexis® Risk Solutions

Carriers are laser-focused on customer satisfaction, and each claims experience yields a different result. Whether it’s FNOL processes, the ease of digital interactions or the time it takes to settle the claim, where is the industry delivering for customers? Where is it falling short? Download the latest white paper from LexisNexis Risk Solutions on the customer claims experience for insights into these questions and more.

Samsung plant sues insurer over $400M in winter storm damage claims

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