Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
FEMA Chief on Sandy Flood Insurance Claims: ‘We Want to Fix This’
May 4 2015 // The head of the Federal Emergency Management Agency says he wants to fix what went wrong with the process of paying flood insurance claims following Superstorm Sandy. Craig Fugate told the first meeting of a congressional...
Mississippi AG Sues Over State Farm Katrina Claims
May 4 2015 // Mississippi Attorney General Jim Hood has sued State Farm Fire and Casualty Co. for allegedly shifting hundreds of millions of dollars in Hurricane Katrina wind claims to the state by mislabeling them flood claims. The...
Beating Up on Workers’ Comp: Grand Bargain Taking Jabs from Multiple Directions
May 4 2015 // The state-based workers’ compensation system has stayed on its feet for 100 years in part by being able to defend itself against blows and then counterpunch when necessary. It has shown an ability to reform to fit...
E&O Insights: Insuring Restaurants and Taverns Presents Some Real E&O Risks
May 4 2015 // Although most agencies insure at least one restaurant or tavern, this shouldn’t suggest that they are easy accounts to write. Errors and omissions (E&O) carriers will readily admit that writing this class of...
Erie Insurance Receives FAA Approval to Use Drones
May 4 2015 // Erie Insurance announced on April 15 that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the...
60K Auto Insurance Claims Expected from April Hailstorms in Texas
Apr 30 2015 // Multiple hailstorms in Texas over the second half of April are expected to result in at least 60,000 auto insurance claims, the Insurance Council of Texas reported. “Hail and windstorm claims are still coming in from...
WCRI: Medical Payment Per Claim in California Fell Following Reforms
Apr 30 2015 // 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...
SECURA’s Huiras to Retire, Wright Promoted to VP-Claims
Apr 29 2015 // Scott Huiras senior vice president–Claims at Appleton, Wis.-based SECURA Insurance is retiring August 2015 after 38 years of service. Scott Huiras The company has promoted Larry Wright to vice president–Claims to take...
RIMS Report: What Risk Managers Expect from Their Insurance Brokers
Apr 29 2015 // A broker who does not fully understand a client’s business or lacks direct links with insurers may not only fall short in advising on coverage but can cause headaches on all sides of the insurance relationship, a...
Endurance Specialty Holdings Appoints Engel as Chief Claims Officer
Apr 28 2015 // 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...
Workers’ Comp Study: California Reforms Lowered Medical Payments Per Claim
Apr 23 2015 // A study from the Workers Compensation Research Institute indicates some benefits were had from California’s workers’ compensation reform bill. This WCRI 15th edition of the CompScope’ Benchmarks study...
UPDATE: Claims, Loss Estimates from Australia Storm Climb
Apr 23 2015 // Australia’s Insurance companies are sending assessors into storm-ravaged regions of New South Wales to accelerate the claims process. Insurance Council of Australia CEO Rob Whelan said assessors were visiting...
Nonprofits Insurance in California Names Gibson Vice President of Claims
Apr 22 2015 // The Nonprofits Insurance Alliance Group in California has named Dave Gibson vice president of claims. Gibson has more than 30 years of experience in the insurance claims industry, and has held management positions for most...
Insurers Declare Catastrophe for Storm Battered Parts of New South Wales
Apr 22 2015 // The Insurance Council of Australia (ICA) this morning declared a catastrophe for storm-affected parts of New South Wales [NSW], in particular the Central Coast, Hunter, Greater Sydney Metropolitan and Illawarra...
Mississippi AG Hood Sues State Farm, Alleges Katrina Claims Fraud
Apr 21 2015 // Mississippi Attorney General Jim Hood has sued State Farm Fire and Casualty Co. for allegedly shifting hundreds of millions of dollars in Hurricane Katrina wind claims to the state by mislabeling them flood claims. The...
Texas’ Residual Property Insurance Markets Hit with Severe Weather Claims
Apr 20 2015 // The Texas Windstorm Insurance Association (TWIA) and Texas FAIR Plan Association (TFPA) began responding to policyholders impacted by the severe weather that affected a number of Texas communities last week and over the...
10 Most Common and Costliest Small Business Claims
Apr 20 2015 // Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most...
Arizona Governor Signs Bill to Modify Asbestos Injury Claims
Apr 20 2015 // Attorneys representing victims of asbestos exposure say a bill Arizona Gov. Doug Ducey signed into law in April will limit victims’ ability to recover losses. Ducey said he signed the measure to increase transparency...
Judge Upholds GM Liability Shield from Some Ignition Claims
Apr 16 2015 // General Motors Co. will not have to face dozens of lawsuits accusing it of concealing an ignition-switch defect that led to the recall of 2.6 million vehicles, a U.S. bankruptcy judge ruled on Wednesday. GM had argued it...
Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting
Apr 15 2015 // Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the...
