Claims News

BHSI Names Kremer as Head of Claims, Northern Europe

Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has expanded its Northern European operations, appointing Ulrich Kremer as senior vice president, Claims, Northern Europe. Ulrich joins BHSI with nearly 16 years of experience as a lawyer and in the insurance …

Autopilot Warning May Not Help Tesla in Crash Defense

Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short. This month, two Teslas equipped with Autopilot veered into …

BP Raises Liability by $5.2 Billion for Deepwater Horizon Spill

BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The London-based company expects to take a $2.5 billion …

Survey: Agents Value Carrier Underwriting More Highly Now Than 5 Years Ago

A comparison of independent agent opinions five years ago to today shows how far the agency channel has come while also illustrating that certain fundamentals remain important throughout cycles and market disruption. Nearly 2,000 independent agents weighed in for the …

Accident Fund Insurance Names Holland as Claims VP

Accident Fund Insurance Company of America has appointed Dean Holland to vice president of Claims. In this role, Holland is responsible for all claims and medical operations. Holland joined the company in 1987 as a claims examiner, and has worked in various …

American Claims Management Chosen by Pet Health Provider VCA to Manage Claims Experience

San Diego, CA, June 28, 2016 –American Claims Management, Inc. (ACM) has assumed third party administration of all animal malpractice and general liability claims for Veterinary Centers of America (VCA), a publicly traded provider of pet health care services. By teaming …

Wedding Vendors Account for Most Costly Claims: Travelers

Problems with vendors amounted to 30 percent of claim payments for all wedding claims, according to Travelers Companies, Inc. which announced the findings of its recent analysis of wedding insurance claims from 2011–2015. Wedding venues going bankrupt, photographers failing to …

Long Named Marketform’s Claims Director, Moving from XL Catlin

Marketform, the specialist Lloyd’s insurer, announce it has appointed Sharon Long to its executive team as claims director. Long’s appointment further strengthens the new leadership team that is driving the transformation of Marketform, the company said in a statement. Long …

XL Catlin Hires Newick as Leader for Energy, Property & Construction Claims

XL Catlin announced the strengthening of its insurance claims team with the appointment of Oliver Newick to the position of global practice leader for Energy, Property & Construction Claims. Newick joins XL Catlin from Liberty International where he held the …

CNA Adds Townsend as Sr. VP, Claim

Chicago-based CNA has appointed Joel Townsend as senior vice president, Claim. He will be head of claims customer service for CNA’s global Management Liability, Financial Institutions and Technology business units. Townsend previously served as senior vice president and worldwide specialty …