Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Florida Gov. Scott Signs Flood Insurance, Credit Claims, Parasailing Bills
Jun 16 2014 // Florida Gov. Rick Scott signed into law on Friday dozens of measures covering everything from flood insurance, electronic cigarettes and parasailing. The Republican governor, who has been holding re-election campaign...
American Claims Management Earns Security American Risk Retention Group Business
Jun 16 2014 // San Diego, CA, 06/16/14 – Security America Risk Retention Group (RRG) has appointed American Claims Management Inc. (ACM), a national third party administrator (TPA), to manage its general liability and professional...
E&O Insights: Why Are Umbrellas Causing E&O Claims?
Jun 16 2014 // When initially thinking about umbrella coverage as it relates to generating errors and omissions claims, most would probably believe the main issue is the lack of an umbrella. In other words, a customer has a significant...
Declarations
Jun 16 2014 // Powerful Confirmation “A few years ago, we wouldn’t see the instant pictures (on the internet) of damage. … Now, we are seeing pictures of what the tornado looks like immediately. It’s powerful...
UPS in Kentucky Faces Racial Bias Claims by 8 Employees
Jun 13 2014 // A group of eight current and former employees of United Parcel Service in Kentucky have sued the company saying they faced racial discrimination, poor treatment based on race and retaliation after they complained. The men...
ABI Lauds Government Measures to Stop Fraudulent Claims
Jun 10 2014 // The Association of British Insurers has commented on the measures introduced by Justice Secretary Chris Grayling, announcing “a major crackdown on insurance fraudsters and dishonest claims as part of new measures to...
Florida’s Sunshine State Insurance Insolvent; UPC to Assume Policies
Jun 4 2014 // Florida regulators have taken over an insolvent domestic residential property insurer, but a deal is in the works for another private company to assume the insurer’s 37,000 policies. A Leon County Circuit Court judge...
Supreme Court Limits Patent Claims in 2 Rulings
Jun 3 2014 // The U.S. Supreme Court ruled against patent holders in two cases, rejecting a legal theory used to sue technology companies and requiring patents to be written with more specific language. The rulings come in a Supreme...
Nearly $110M Damages From Colorado Hail, Wind, Flooding in May
Jun 2 2014 // Hail, wind and flooding in May caused an estimated $109.3 million in insured losses resulting from 28,442 auto and homeowners insurance claims filed, an insurance group reported on Monday. The damage estimates include...
The Importance of Having an Integrated Services Solution
Jun 2 2014 // U.S. multinational businesses are increasingly seeking opportunities in new regions of the world, expanding outside of the United States and continental Europe into sub-Saharan Africa, Asia and Latin America. As their...
41 Charged for Multi-Million Dollar Auto Insurance Fraud Scheme in Philadelphia
May 30 2014 // The Philadelphia district attorney’s office has charged 41 people for what prosecutors described as a multi-million dollar auto insurance fraud scheme. Prosecutors allege Ronald Galati Sr. and his co-conspirators ran...
ABI Calls for Action as Fraudulent Accident Claims Rise by 18%
May 30 2014 // The Association of British Insurers latest study concludes that “the value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion [$2.177 billion] in 2013, up 18 percent on the previous...
Insurers See Claims Rising in Pennsylvania Following Last Week’s Hail Storm
May 29 2014 // Some insurers say they are seeing an increased volume of claims in Pennsylvania following last Thursday’s freak hail storm that caused widespread damage in communities in the eastern part of the state. State Farm...
N.Y. Orders Narragansett Bay Insurance to Pay $327,400 Fine
May 29 2014 // New York Gov. Andrew Cuomo’s administration announced today that Narragansett Bay Insurance Company will pay a $327,400 penalty for failing to perform timely inspections of Superstorm Sandy damage claims as required...
A.I.M. Mutual in Massachusetts Promotes Parsons to Director of Claims
May 28 2014 // Laurie ParsonsThe Associated Industries of Massachusetts Mutual Insurance Companies, a workers’ compensation insurer based in Burlington, Mass., has promoted Laurie Parsons to director of claims. As director of...
New Provider Portal Saves Time & Money for American Claims Management Customers
May 28 2014 // San Diego, CA, 05/28/14 – American Claims Management Inc. (ACM), a national third-party administrator, unveiled its new bill review Provider Portal in April. The Provider Portal was developed by ACM’s bill review...
Arkansas Governor: $68.7M in Damage Claims Following Tornadoes
May 27 2014 // The office of Arkansas Gov. Mike Beebe says $68.7 million in damage claims have been filed for individual and commercial entities in Faulkner, Pulaski, Randolph and White Counties following the April 27 tornadoes. The...
Court: Records of Michigan Car Insurance Claims Fund Not Public
May 22 2014 // The Michigan appeals court says the public has no right to see the records of an insurance fund that puts a fee on cars to pay for catastrophic injuries. The court said that the Michigan Catastrophic Claims Association is...
BP to Appeal Oil Spill Claims Settlement to Supreme Court
May 22 2014 // BP Plc, seeking to avoid paying what it says would be billions of dollars in unjustified claims, will ask the U.S. Supreme Court to review a court order on a settlement tied to its 2010 Gulf of Mexico oil spill. “No...
Appeals Court Won’t Rehear BP Gulf Settlement Issue
May 21 2014 // A federal appeals court has refused to reconsider its previous ruling that businesses don’t have to prove they were directly harmed by BP’s 2010 Gulf Of Mexico oil spill to collect settlement payments. The...
