Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Michigan Bill Calls for Transparency from Catastrophe Claims Assn.
Jul 14 2015 // A bill introduced in Michigan would require transparency and detailed financial and actuarial information from the Michigan Catastrophic Claims Association (MCCA) to be published on the association’s website. House...
Law Firms Face Large Malpractice Claims as Risks Grow: Study
Jul 10 2015 // 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...
Mississippi City Settles Oil Spill Claims with BP for $4.9M
Jul 10 2015 // The city of Biloxi, Miss., is accepting $4.9 million from BP as part of a group settlement of local government claims for economic losses caused by the 2010 BP oil spill in the Gulf of Mexico. Last week, BP and five...
Allianz Global Corporate & Specialty Appoints McNulty as Head of Claims in Canada
Jul 9 2015 // 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...
Mississippi Settles Some Tobacco Claims for $15M
Jul 9 2015 // Mississippi’s attorney general says the nation’s largest tobacco company will pay the state $15 million to settle claims that it was underreporting the number of cigarettes it was shipping to the...
N.Y. Assembly OKs Bill to Expedite Claims Processes After Disasters
Jul 8 2015 // The New York State Assembly recently approved a bill (A04458) that would require insurers to expedite claims investigation and settlement processes after declared disasters and emergencies. Under the legislation, which...
Insurance Claims Specialist Wins $230K in Robocall Complaint Against Time-Warner
Jul 8 2015 // Many people dislike receiving robocalls. Araceli King disliked receiving 153 of them from a single company. Time Warner Cable Inc. must pay the insurance claims specialist $229,500 for placing 153 automated calls meant for...
Preferred Mutual Hires DiBenedetto as Claims Counsel in New York
Jul 7 2015 // Shelly DiBenedetto Preferred Mutual Insurance Company in New Berlin, New York, hired Shelly DiBenedetto as claims counsel. In her new role, she will be responsible for providing legal advice and guidance to assist the...
DUAL Appoints Watson as Chief Claims Officer
Jul 7 2015 // DUAL, the specialist underwriting arm of the Hyperion Insurance Group, announced it has appointed Angus Watson as global chief claims officer, joining September 1, 2015. Watson will join from Arch Insurance Company...
American Claims Management Selected by National Unity to Enhance Customer Service and Improve Results
Jul 7 2015 // San Diego, CA, July 7 2015 – Effective June 1, American Claims Management (ACM) took over the third party administration of all Georgia and California personal auto claims for National Unity Insurance Company. The...
Deadline to File Flood Insurance Claims in Oklahoma Extended
Jul 6 2015 // Oklahoma’s insurance commissioner says property owners who experienced flood damage during heavy rainfall in May and June have more time to file insurance claims. Commissioner John Doak said the Federal Emergency...
Florida Has Most Lightning Claims but Texas Has Highest Cost Per Claim
Jul 6 2015 // The number of insurance claims from lightning strikes in the United States continued its steady decline, as severe thunderstorm activity eased from near-record levels and dry weather prevailed throughout much of the...
FEMA Sets Deadline for Requesting Sandy Claims Review
Jul 6 2015 // The Federal Emergency Management Agency (FEMA) announced that Sept. 15 would be the last day for National Flood Insurance Program (NFIP) policyholders who filed Superstorm Sandy flood claims to sign up for the review...
Flood Insurance Claims Underpayments Not Widespread: Senate Study
Jul 6 2015 // The U.S. government’s appeals process for reviewing flood insurance claim disputes is riddled with flaws, but there is no evidence of systematic underpayments by insurers to flood victims, an investigation by U.S....
Plugging the Hole in the U.S. Flood Market: How Risk Modelers Can Help to De-Risk the NFIP
Jul 6 2015 // The National Flood Insurance Program (NFIP) has long been the dominant player in the U.S. flood insurance market, providing subsidized flood insurance based on actuarially unsound rates for millions of property owners, in...
Over 1,300 Claims Filed in Ohio Asbestos Suit
Jul 6 2015 // More than 1,300 damage claims were filed in a northeast Ohio court on behalf of the heirs of Akron-area rubber and auto workers who died or developed serious illnesses from exposure to asbestos. The claims in Summit County...
BP Settlement Doesn’t Cover Claims by Insurers, Banks, Casinos and Others
Jul 5 2015 // BP Plc’s record $18.7 billion settlement ended government claims over the 2010 Gulf of Mexico oil spill, leaving numerous smaller private lawsuits to be mopped up. While investors, residents and businesses that...
BP to Pay $18.7B Over 18 Years to Settle Spill Claims with 5 States, U.S.
Jul 2 2015 // BP Plc has agreed to a preliminary deal in which it will pay a record $18.7 billion to settle claims by five Gulf states and the U.S. government for the 2010 Deepwater Horizon oil spill, the worst oil spill in the...
Union Mutual of Vermont Cos. Promotes Amick to Assistant VP of Claims
Jul 1 2015 // John Amick Union Mutual of Vermont Companies promoted John Amick to assistant vice president of claims. He is based in Montpelier, Vermont. Amick joined Union Mutual in 1991 as claims adjuster. He has since worked for...
Oklahoma’s Request for Flood Claims Extension Approved
Jul 1 2015 // Oklahomans with flood damage will have extra time to file their insurance claim. The Federal Emergency Management Agency (FEMA) has given National Flood Insurance Program (NFIP) policyholders an extra 180 days to file a...
