Insurance Journal » Claims http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 31 Jul 2015 05:59:26 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 ACE Creates New Head of Claims Role for Eurasia and Africa http://www.insurancejournal.com/news/international/2015/07/24/376214.htm Fri, 24 Jul 2015 09:14:07 +0000 http://www.insurancejournal.com/?p=376214 ACE Group has created a new regional head of claims role for the Eurasia and Africa region and has promoted Stephen Crabb, currently political risk and energy claims manager for ACE European Group, to the position. ACE said the appointment …

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Opioid Abuse Rises in Construction, Manufacturing Sectors: CNA http://www.insurancejournal.com/magazines/features/2015/07/20/375094.htm Mon, 20 Jul 2015 00:00:00 +0000 http://www.insurancejournal.com/?p=375094 CNA recently issued two new reports that examine the growing prescription opioid abuse epidemic and its effect on the U.S. workforce, focusing on the construction and manufacturing industries, which are particularly at risk for such abuse. The reports, Construction: Prescription …

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How the Insurance Industry Is Using Google Glass http://www.insurancejournal.com/magazines/features/2015/07/20/375099.htm Mon, 20 Jul 2015 00:00:00 +0000 http://www.insurancejournal.com/?p=375099 Improved customer service may be just one benefit insurers could see by using Google Glass in their operations. Michael Clifton, vice president of Insurance for Cognizant, described some of the benefits in the company’s white paper last year, “Google Glass: …

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Amtrak Concedes to Liability in Philadelphia Train Derailment Cases http://www.insurancejournal.com/news/national/2015/07/13/374811.htm Mon, 13 Jul 2015 14:53:34 +0000 http://www.insurancejournal.com/?p=374811 Amtrak said it will concede that it’s liable for most damages caused by the May 12 train derailment in Philadelphia that killed eight passengers and injured dozens. The railroad acknowledged Friday in responses to two lawsuits that it won’t contest …

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Law Firms Face Large Malpractice Claims as Risks Grow: Study http://www.insurancejournal.com/news/national/2015/07/10/374685.htm Fri, 10 Jul 2015 15:47:41 +0000 http://www.insurancejournal.com/?p=374685 As law firms adjust to the realities of the current business environment, they continue to fall victim to malpractice claims, which can be costly to defend and may result in enduring reputational damage. A new study by insurance broker Ames …

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Agents in Indiana Say Insurance Increased Prior to Home Explosion http://www.insurancejournal.com/news/midwest/2015/07/09/374578.htm Thu, 09 Jul 2015 15:35:42 +0000 http://www.insurancejournal.com/?p=374578 The girlfriend of a man accused of blowing up an Indianapolis, Ind. house, devastating a subdivision and killing two neighbors, nearly doubled the insurance coverage for the contents of her home 11 months before the explosion, two insurance agents testified …

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Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada http://www.insurancejournal.com/news/international/2015/07/09/374528.htm Thu, 09 Jul 2015 07:40:40 +0000 http://www.insurancejournal.com/?p=374528 Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced that Bernard McNulty has been named the head of claims Canada, effective immediately. Based in Toronto, he will report directly to Ulrich Kadow, chief agent Canada, with a …

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RSA Promotes Tiffany to Head of UK Legacy, Commercial Claims Team http://www.insurancejournal.com/news/international/2015/06/09/370913.htm Tue, 09 Jun 2015 08:15:12 +0000 http://www.insurancejournal.com/?p=370913 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 …

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Texas Workers’ Comp Claims See Slow Growth: WCRI http://www.insurancejournal.com/news/southcentral/2015/05/21/369007.htm Thu, 21 May 2015 15:52:02 +0000 http://www.insurancejournal.com/?p=369007 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 …

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Willis Launches Forensic Accounting Practice http://www.insurancejournal.com/news/national/2015/05/04/366692.htm Mon, 04 May 2015 05:01:11 +0000 http://www.insurancejournal.com/?p=366692 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 …

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WCRI: Medical Payment Per Claim in California Fell Following Reforms http://www.insurancejournal.com/news/west/2015/04/30/366365.htm Thu, 30 Apr 2015 15:07:54 +0000 http://www.insurancejournal.com/?p=366365 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, …

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Endurance Specialty Holdings Appoints Engel as Chief Claims Officer http://www.insurancejournal.com/news/international/2015/04/28/365787.htm Tue, 28 Apr 2015 10:36:16 +0000 http://www.insurancejournal.com/?p=365787 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 …

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Arizona Governor Signs Bill to Modify Asbestos Injury Claims http://www.insurancejournal.com/news/west/2015/04/13/364120.htm Mon, 13 Apr 2015 15:57:08 +0000 http://www.insurancejournal.com/?p=364120 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 …

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ACE Appoints Scott-Young as Claims Director for Continental Europe http://www.insurancejournal.com/news/international/2015/03/06/359690.htm Fri, 06 Mar 2015 08:25:58 +0000 http://www.insurancejournal.com/?p=359690 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 …

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Oklahoma Commissioner Warns Insurers on Denial of Earthquake Claims http://www.insurancejournal.com/news/southcentral/2015/03/04/359352.htm Wed, 04 Mar 2015 17:51:15 +0000 http://www.insurancejournal.com/?p=359352 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 …

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Ireland’s FBD Holdings Reports Worse-Than-Forecast Operating Loss, Weak Outlook http://www.insurancejournal.com/news/international/2015/03/02/358960.htm Mon, 02 Mar 2015 11:27:31 +0000 http://www.insurancejournal.com/?p=358960 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., …

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Farmers Settles Suit with Radiological Firms Over Alleged Billing Fraud http://www.insurancejournal.com/news/west/2015/02/11/357235.htm Wed, 11 Feb 2015 20:07:50 +0000 http://www.insurancejournal.com/?p=357235 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 …

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Illinois-Based RLI Promotes 4 in Claim Department http://www.insurancejournal.com/news/midwest/2015/02/05/356716.htm Thu, 05 Feb 2015 17:40:19 +0000 http://www.insurancejournal.com/?p=356716 Specialty insurer, RLI Corp., based in Peoria, Ill., has promoted several leaders within the claim department. Don Driscoll, vice president, claim, has been promoted to vice president, chief claim officer. Driscoll will retain responsibility for management oversight of the claim …

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WCIRB: Continued Increase in California Claim Frequency http://www.insurancejournal.com/news/west/2015/01/20/354450.htm Tue, 20 Jan 2015 16:27:41 +0000 http://www.insurancejournal.com/?p=354450 Workers’ compensation indemnity claim frequency in California has continued to rise unlike in most other states, according to the California Workers’ Compensation Insurance Rating Bureau. The WCIRB recently issued an update to its Analysis of Changes in Indemnity Claim Frequency report, which …

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Most Popular Insurance Journal Midwest Stories of 2014 http://www.insurancejournal.com/news/midwest/2014/12/31/351406.htm Wed, 31 Dec 2014 12:50:54 +0000 http://www.insurancejournal.com/?p=351406 The most popular InsuranceJournal.com news stories in the Midwest ranged from groundbreaking lawsuits to research into making people safer from storms. With an understanding that stories appearing later in the year have less time to rise to the top of …

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Washington Wildfire Claims Prepared for Lawsuit http://www.insurancejournal.com/news/west/2014/12/30/351341.htm Tue, 30 Dec 2014 16:33:59 +0000 http://www.insurancejournal.com/?p=351341 More than 150 property owners are preparing to sue the state of Washington over wildfire damage claims that have been denied by the state Department of Natural Resources. Brewster attorney Alex Thomason told the Capital Press he is preparing a …

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Juror Witnesses Firsthand What the Hail Is Going on in Texas http://www.insurancejournal.com/news/southcentral/2014/12/08/349259.htm Mon, 08 Dec 2014 20:52:13 +0000 http://www.insurancejournal.com/?p=349259 Alejandro Stolarski is a United States citizen who emigrated from Mexico. Stolarski resides in Dallas County. Like hundreds of other Dallas County residents each week, Stolarski received a notice in the mail for jury duty. But unlike most Dallas County …

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North Dakota Fines Blue Cross $60K for Claims, Underwriting Violations http://www.insurancejournal.com/news/midwest/2014/12/05/349076.htm Fri, 05 Dec 2014 17:23:45 +0000 http://www.insurancejournal.com/?p=349076 North Dakota’s insurance department has levied a $60,000 fine against the state’s largest health insurer for violating state law. Noridian Mutual Insurance Co. does business as Blue Cross Blue Shield of North Dakota. Insurance Commissioner Adam Hamm says a state …

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Former Washington Adjuster Pleads Guilty To $135,000 Theft http://www.insurancejournal.com/news/west/2014/11/21/347853.htm Fri, 21 Nov 2014 21:37:44 +0000 http://www.insurancejournal.com/?p=347853 Former Nationwide Insurance claims associate Fariborz Romeo Rahrovi, 40, on Friday pled guilty in King County Superior Court in Washington to two counts of theft, criminal conspiracy and money laundering related to the theft of an accident victim’s $525,000 insurance …

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Johnson Named Vice President of Claim Operations at Texas Mutual http://www.insurancejournal.com/news/southcentral/2014/11/13/346992.htm Thu, 13 Nov 2014 17:44:48 +0000 http://www.insurancejournal.com/?p=346992 Workers’ compensation carrier, Texas Mutual Insurance Co., announced that Curtis Johnson Jr. has been appointed vice president of claim operations. In this role he oversees all claim operations, including special claim services, employers’ liability, subrogation, regional claim operations, medical bill …

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Federal Safety Engineer Defended Trinity’s Highway Guardrails http://www.insurancejournal.com/news/national/2014/11/05/345843.htm Wed, 05 Nov 2014 17:57:26 +0000 http://www.insurancejournal.com/?p=345843 U.S. highway safety officials defended a widely used guardrail system’s crash-worthiness even as they worried whether its design had been altered in a potentially deadly way, according to internal e-mails. Starting in 2012, a Federal Highway Administration engineer fielded e-mails …

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Idahoans to See Slight Reduction in Workers’ Comp Rates in 2015 http://www.insurancejournal.com/news/west/2014/10/31/345647.htm Fri, 31 Oct 2014 21:31:59 +0000 http://www.insurancejournal.com/?p=345647 The Idaho Department of Insurance this week announced Idaho’s overall workers’ compensation premium rates will be reduced by an average of 0.2 percent for 2015. “This slight rate decrease is an indicator of the stability of workers’ compensation coverage in …

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California Earthquake Authority Proposes to Lower Rates http://www.insurancejournal.com/news/west/2014/10/23/344629.htm Thu, 23 Oct 2014 21:53:03 +0000 http://www.insurancejournal.com/?p=344629 The California Earthquake Authority on Thursday proposed an average 8 percent decrease in rates. CEA’s Advisory Panel recommended the rate decreases, along with additional coverage options in deductibles, discounts and certain limits, to the CEA Governing Board, which next meets …

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Louisiana’s 37-acre Sinkhole Spawns Insurance Fight http://www.insurancejournal.com/news/southcentral/2014/10/06/342791.htm Mon, 06 Oct 2014 15:51:21 +0000 http://www.insurancejournal.com/?p=342791 The collapse of a portion of a salt dome that left a 37-acre sinkhole in swampy land west of Baton Rouge has bubbled up into a $50 million dispute between the mine operator and its insurance company. Texas Brine LLC …

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North Dakota Farmers Filing Insurance Claims for Wheat Crop http://www.insurancejournal.com/news/midwest/2014/09/15/340461.htm Mon, 15 Sep 2014 15:03:38 +0000 http://www.insurancejournal.com/?p=340461 Crop insurance agents in North Dakota say they have begun receiving claims and expect more than the usual number to come in because a lot of wheat still unharvested. The Bismarck Tribune reports that a snowy April and wet May …

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