Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Corps of Engineers Sends Out Formal Notice of Denied Katrina, Rita Claims
Aug 8 2014 // In a postscript to ill-fated damage claims filed in Louisiana against the U.S. Army Corps of Engineers after hurricanes Katrina and Rita, the Corps has sent out about 565,000 letters formally notifying victims of those...
Allianz Profit Beats Estimates on Lower Claims, Life Unit
Aug 8 2014 // Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 11 percent, helped by higher earnings at the life and health insurance unit and lower natural disaster claims. Net income increased to €1.76...
Zurich Insurance Profit Rises 6% on Fewer Catastrophe Claims
Aug 7 2014 // Zurich Insurance Group AG, Switzerland’s largest insurer, said second-quarter profit rose 6 percent as it took fewer losses from natural catastrophes. Net income rose to $837 million from $789 million a year earlier,...
Hannover Re Second-Quarter Profit Rises 10% on Life Reinsurance
Aug 6 2014 // Hannover Re, the world’s third- biggest reinsurer, said second-quarter profit rose 10 percent, helped by a lower level of large claims and higher life reinsurance earnings. Net income climbed to €211.5 million...
Study Tracks Rise in Attorney Involvement in Auto Claims
Aug 4 2014 // Attorney involvement in auto insurance claims is on the rise and varies significantly by state, according to an insurance industry study. The percentage of auto injury claimants represented by attorneys jumped to 36...
Ohio Workers’ Comp Agency Settles Overcharges Lawsuit
Aug 4 2014 // The Ohio Bureau of Workers’ Compensation has reached an agreement in principle to settle the San Allen case, a class action lawsuit filed in 2007 against the BWC over the pricing of workers’ comp policies that...
FEMA Administrator Questioned Over Sandy Flood Claims
Aug 1 2014 // The head of the Federal Emergency Management Agency has asked an independent watchdog to examine whether the flood-insurance program is shortchanging Superstorm Sandy victims. Administrator Craig Fugate testified before a...
New Suit Filed in Louisiana Claims Chinese Drywall Destroyed Homes
Aug 1 2014 // Lawyers for people who say their homes were wrecked by defective drywall made in China have filed a new lawsuit against the manufacturers and a new defendant — the Chinese Cabinet agency that oversees the country’s...
Today Is Court Deadline for West Virginia Chemical Spill Claims
Aug 1 2014 // Time is running out for residents and businesses affected by a January chemical spill in Charleston to file claims in federal bankruptcy court. Claims must be filed with U.S. Bankruptcy Court in Charleston by today, Aug.1...
GM Victims Fund Opens Today; Hundreds of Ignition Switch Claims Expected
Aug 1 2014 // Several hundred claims are expected to be filed at the start of a GM-financed program being launched Friday to compensate victims of a faulty ignition switch on some of its vehicles, lawyers say. General Motors Co. in...
UnitedHealth’s $173M Fine May Be Warning to P/C Insurers
Jul 30 2014 // A decision by California Insurance Commissioner Dave Jones to fine UnitedHealth Group $173.6 million for violations having to do with the Unfair Business Practices Act, the Unfair Insurance Practice Act and unfair claims...
Senate Committee Holds Hearing on Flood Claims Process After Sandy
Jul 30 2014 // A U.S. Senate committee today conducted a hearing titled “The Flood Insurance Claims Process in Communities After Sandy: Lessons Learned and Potential Improvements,” where lawmakers had a chance to listen to...
Ohio-Based Company to Resolve Asbestos Claims for $797M
Jul 28 2014 // RPM International Inc., whose bankrupt Bondex and Specialty Products units may have faced liabilities of more than $1 billion, said it tentatively settled asbestos claims for $797.5 million. The money, allocated over a...
American Claims Management Now Managing GL & Excess Claims For Golden Insurance Company Risk Retention Group
Jul 24 2014 // San Diego, CA, 07/24/14 – National third party administrator (TPA) American Claims Management, Inc. (ACM) was chosen by Golden Insurance Company Risk Retention Group (RRG) to manage its general liability and excess...
Court Orders Travelers to Pay $500M in Johns-Manville Asbestos Claims
Jul 22 2014 // A federal appeals court on Tuesday ordered Travelers Cos. Inc. to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer’s coverage of insulation maker Johns-Manville Corp., a...
Peremption for Me, But Not for Thee
Jul 21 2014 // The Difference Between Insurance Agents and the Insurers They Represent Hurricane season 2014 had barely begun when Hurricane Arthur formed and wreaked havoc along the East Coast during the 4th of July weekend. Whether the...
Analysis: NFL Concussion Decision Could Change Liability Policies
Jul 16 2014 // Insurance industry professionals and attorneys are closely following the most recent concussion-based litigations as they proceed through state and federal courts. Just last week in the well-publicized In re National...
U.S. Appeals Court Revives WTC Cleanup Workers’ Health Claims
Jul 10 2014 // A federal appeals court in New York has revived claims by 211 cleanup workers who sought compensation for their alleged exposure to toxic contaminants in buildings near the World Trade Center site after the Sept. 11, 2001,...
Non-Covered Claims May Exhaust Primary Limits, Trigger Umbrella
Jul 10 2014 // A recent ruling from the Fifth Circuit Court of Appeals in Louisiana clarified that an umbrella policy may be triggered even when the underlying insurance is exhausted by claims that would not be covered by the umbrella...
New Database to Track Thousands of Legal Claims Filed Annually Against NYC
Jul 10 2014 // New York City Comptroller Scott Stringer is unveiling a database aimed to reducing what the city pays in legal settlements and judgments. The program will track the thousands of claims filed annually against the...
