Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
WCIRB: Los Angeles Workers’ Comp Claims Outlier in California
Nov 16 2015 // California’s Workers’ Compensation Insurance Rating Bureau released a study in November showing significant differences in the costs of claims among the state’s regions – particularly Los...
Claims Deadline for Sunken Cargo Ship El Faro Set
Nov 13 2015 // A federal judge has set a deadline for damage claims filed by relatives of crewmembers who were lost aboard a cargo ship that sank last month in Hurricane Joaquin. U.S. District Court Judge Harvey Schlesinger set Dec. 21...
Weather-Related Property Claims Mount in Texas
Nov 12 2015 // Severe weather in all regions of the state this year has resulted in high numbers of insurance claims from property and auto losses in Texas, according to an insurance company trade group. The Insurance Council of Texas...
Supreme Court Justices Question Tyson Claims Against Damages Formula
Nov 11 2015 // U.S. Supreme Court justices expressed skepticism on Tuesday toward Tyson Foods Inc.’s challenge to an almost $5.8 million class action judgment in a case that could buck the court’s recent pro-business trend in...
Insurers Face Claims of $600 Million from Brazilian Mine Disaster: Sources
Nov 11 2015 // Insurers covering risks for a Brazilian mine where two dams burst last week, killing at least six people, could pay up to $600 million in claims, a source with direct knowledge of the matter said on Monday. A property...
American Claims Management Selected to Manage Western National Group Liability Claims
Nov 10 2015 // San Diego, CA, November 10, 2015 – Following a comprehensive selection process, American Claims Management (ACM) was chosen as the third party administrator for Western National Group’s premises liability claims....
Florida Issues Data Call for Water Claims, Assignment of Benefit Costs
Nov 10 2015 // The Florida Office of Insurance Regulation (OIR) ordered Florida’s largest property insurers on Oct. 23 to submit detailed information on water loss claims, mitigation services, litigation and assignment of benefits....
FEMA’s Sandy Flood Insurance Review Taking Longer Than Expected
Nov 9 2015 // The Federal Emergency Management Agency’s review of Superstorm Sandy flood insurance claims is taking longer than expected, with fewer than 200 checks issued. FEMA announced in March the review for as many as 142,000...
U.K.’s Allianz Insurance Appoints Watts as Head of Casualty Claims
Nov 9 2015 // Allianz Insurance, the U.K. subsidiary of Allianz SE, has appointed Lee Watts as head of casualty claims. Watts will be responsible for leading the development and implementation of technical claims strategy and best...
South Carolina Establishes New Precedent for Legal Malpractice Cases
Nov 8 2015 // The South Carolina Supreme Court has reversed a decade old precedent-setting decision in which it dismissed a legal malpractice case based on the expiration of the statute of limitations and in doing so adopted a new rule...
Supreme Court to Review Religious Groups’ Claims Over Obamacare Birth Control Benefit
Nov 6 2015 // The U.S. Supreme Court scheduled a new showdown over Obamacare and religious rights, agreeing to hear contentions by faith-based groups that they shouldn’t have to facilitate what they consider to be immoral...
WCIRB: Los Angeles Workers’ Comp Claims Outlier in California
Nov 6 2015 // California’s Workers’ Compensation Insurance Rating Bureau released a study on Friday showing significant differences in the costs of claims among the state’s regions – particularly Los Angeles. The...
Safety National Casualty Announces Claims Management Changes
Nov 5 2015 // St. Louis, Mo.-based Safety National Casualty Corp. is realigning its claims department with management changes. Carl Reynolds, senior vice president – Claims, has retired after a successful 30-year career with Safety...
Top 10 Market Conduct Actions Against P/C Insurers
Nov 5 2015 // Slow claim handling, the use of unapproved rates and a failure to provide required compliant disclosures top the list of market conduct actions taken against U.S. property and casualty insurers in 2014, according to...
CAMICO Broadens Protection for Continuously Renewing CPA Policyholders
Nov 4 2015 // CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has broadened protection for potential professional liability insurance claims known to policyholders who...
Allstate Profit Down in Q3 as Auto Claims Rise
Nov 4 2015 // Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile insurance business. Net income decreased to $650...
UK’s Direct Line Hikes Motor Premiums as Result of Claims Inflation
Nov 3 2015 // Direct Line Insurance Group Plc, the UK’s largest car insurer, said pricing for its motor business increased in the last two quarters because of higher claims. Rates for car cover rose 8.4 percent in the three months...
Florida DMV Requests Dismissal of Taxi Companies’ Rideshare Complaint
Nov 2 2015 // In a move that is sure to further frustrate Florida taxicab companies, the Florida Department of Highway Safety and Motor Vehicles (FDHSMV) has asked a Leon County, Florida, judge to dismiss a complaint requiring the state...
Ace Names North American Claims Team with Chubb’s Miller, Ace’s Poetzsch as Executive VPs
Nov 2 2015 // Ace Ltd. has named the future claims leadership team it intends to appoint for the company’s North America Insurance division upon completion of its acquisition of Chubb, which is expected in the first quarter of...
El Faro Owner Seeks U.S. Maritime Liability Limit on Death Claims
Nov 2 2015 // The owner of the U.S. cargo ship El Faro that sank in a powerful hurricane off the Bahamas nearly a month ago has filed for protection in Florida federal court from claims it is liable for the deaths of its 33 crew...
