Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
BP Wins Bid to Appeal Some Gulf Oil Spill Damage Claims
May 11 2015 // A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill. The decision by the 5th...
North Carolina Debt Option Proposed by Lawmakers to Pay Catastrophic Claims
May 11 2015 // The state-sanctioned property insurance program in North Carolina coastal counties could borrow to pay for extreme catastrophic losses from hurricanes in legislation making its way through the General Assembly. The House...
FEMA to Ask Sandy Homeowners If They Want to Reopen Claims
May 8 2015 // Homeowners insured through the National Flood Insurance Program who think they were shortchanged for Superstorm Sandy damage are getting another chance for reimbursement. The Federal Emergency Management Agency will begin...
Conn.’s Work Comp Second Injury Fund Assessment Rate Remains Unchanged
May 7 2015 // Connecticut’s Office of the Treasurer announced that the assessment rate for the state’s Second Injury Fund will continue to remain unchanged for fiscal year 2016 which begins on July 1, 2015. The assessment...
Industry Representatives Examine Potential Claims Issues Following Riots
May 6 2015 // Some 140 vehicle fires, more than a dozen structural fires and nearly 200 arrests were reported in wake of the Baltimore riots that shook the city last week. And more than 200 businesses were damaged during the riots,...
How Wearable Devices Could Disrupt the Insurance Industry
May 6 2015 // Nearly 50 years after Captain Kirk began using his wrist communicator on the television show, Star Trek, wearable technology is taking hold. From Fitbit and Nike Fuelbands to Google Glass and Golden-I, the technology is...
Crawford & Company Adds Managing Director to American Aviation Team in Miami
May 5 2015 // Atlanta-based Crawford & Company, a provider of claims management programs, added Ken Forsyth to its Crawford Global Technical Services (GTS) as managing director Aviation – the Americas effective April 23, 2015....
Fitch Upgrades Citizens’ Coastal Account, Outlook Stable
May 5 2015 // Fitch Ratings has assigned an ‘AA-‘ rating to the following senior secured bonds of the Citizens Property Insurance Corp., Coastal Account (formerly known as the High Risk Account): –$750 million series...
New Jersey Woman Gets Prison Term for Filing False Claims With Insurer
May 4 2015 // A New Jersey woman who submitted more than $500,000 in fraudulent health care claims to her insurer is now headed to prison. State authorities say 41-year-old Donna Dzienisewski, of Middletown, received a three-year term...
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...
