Claims News

RSA Promotes Tiffany to Head of UK Legacy, Commercial Claims Team

RSA, one of the UK’s largest commercial insurers, has promoted Suzy Tiffany to head of UK legacy, with effect from July 1, 2015. Working at RSA for over 10 years, Tiffany has held a number of roles including finance change manager, head …

Texas Workers’ Comp Claims See Slow Growth: WCRI

Workers’ compensation claims in Texas grew more slowly than in most of the other states, according to a Workers Compensation Research Institute report out Thursday that studied 17 states. The total average cost per claim for injured workers in Texas …

Willis Launches Forensic Accounting Practice

In response to the increasing number of large scale disasters that result in highly complex claims, Willis Group Holdings plc, the global risk advisory, re/insurance broking, and human capital and benefits firm, launched the new Forensic Accounting & Complex Claims …

WCRI: Medical Payment Per Claim in California Fell Following Reforms

The average medical payment per claim for treating injured workers fell by 5 percent in California in 2013, according to a study by the Workers Compensation Research Institute. The findings could reflect some early impact of the state’s reform legislation, …

Endurance Specialty Holdings Appoints Engel as Chief Claims Officer

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed James Engel as chief claims officer with responsibility for the overall strategic direction of the company’s global claims operation. Engel joins Endurance with …

Arizona Governor Signs Bill to Modify Asbestos Injury Claims

Attorneys representing victims of asbestos exposure say a bill Arizona Gov. Doug Ducey signed into law will limit victims’ ability to recover losses. Ducey said he signed the measure Thursday to increase transparency and fairness in asbestos litigation. “While victims …

ACE Appoints Scott-Young as Claims Director for Continental Europe

ACE Group has appointed Tim Scott-Young as claims director for its Continental Europe region. Relocating to Paris, Scott-Young will be responsible for delivering effective and customer-focused claims management across ACE’s 17 country operations in Continental Europe, including its Central and …

Oklahoma Commissioner Warns Insurers on Denial of Earthquake Claims

With the dramatic increase in the number of earthquakes in Oklahoma — which some say are at least partly attributed to waste water injection wells related to the practice of hydraulic fracturing in oil and gas drilling — Oklahoma Insurance Commissioner …

Ireland’s FBD Holdings Reports Worse-Than-Forecast Operating Loss, Weak Outlook

FBD Holdings plc plunged in Dublin trading after the Irish insurer’s full-year results missed its own downgraded forecast and its operating profit outlook for 2015 fell short of analysts’ expectations. FBD declined 14 percent to 10.50 euros at 9:35 a.m., …

Farmers Settles Suit with Radiological Firms Over Alleged Billing Fraud

Los Angeles, Calif.-based Farmers Insurance Exchange has reached a settlement in a lawsuit involving alleged billing fraud by two radiological companies and their owners. The complaint alleges that two radiological corporations and their owners submitted false and misleading documentation to receive …