Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Raue Added as State Auto Regional Claims Manager in Texas
Dec 2 2013 // Michelle Raue has joined State Auto’s Western Region in Austin, Texas, as claims regional manager. Raue assumes responsibility and oversight for the local execution of the group’s claims strategy, claims...
The Mutual Mistake Doctrine and the Purchase of Insurance
Dec 2 2013 // Every day insurance agents throughout the United States meet with potential insureds to transact the purchase of insurance. Typically, the insurance agent or broker will cover the main features of an insurance policy but...
Mass. Regulator Offers Update on Industry Developments, Boston Bombing Claims
Nov 27 2013 // Massachusetts’ top insurance regulator recently spoke about the state of the insurance industry in Massachusetts, with topics ranging from the auto insurance marketplace and the Biggert-Waters Flood Insurance Reform...
Claims Filing Begins Following Midwest Storms
Nov 20 2013 // Two Illinois-based insurers say they’ve received about 6,000 claims so far from Sunday’s tornadoes and they expect that figure to climb. State Farm officials told The (Bloomington) Pantagraph they’ve...
Builder Claims Drilling Rights Under 2,500 Florida Homes: Report
Nov 18 2013 // When Mallory and Zach Sinclair were looking for their first home, they swooned over a new townhouse in the Brandon, Florida subdivision of Whispering Oaks. With well-manicured lawns, it looked fresh and untouched, with...
Will Hurricane Katrina Legal Issues Be Resurrected in Sandy Claims?
Nov 18 2013 // It has been more than eight years since Hurricane Katrina made landfall on Aug. 29, 2005, and only slightly more than one year since Hurricane Sandy made landfall on or about Oct. 29, 2012. Following Hurricane Katrina,...
Farmers Insurance, Texas Reach Tentative Deal on Mold Claims
Nov 18 2013 // The state of Texas and Farmers Insurance want to settle decade-old claims of overcharging and underserving customers for $117.5 million, which would be one of the largest insurance settlements in state history but less...
New York’s Broome County Forms Task Force to Fight Workers’ Comp Fraud
Nov 14 2013 // Officials from New York State’s Broome County unveiled a new initiative to crack down on workers’ compensation fraud. Broome County Executive Debbie Preston said Wednesday her county has created an informal...
House Passes Bill Requiring Reporting by Asbestos Victims’ Trusts
Nov 14 2013 // Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought...
Gulf Shrimper Pleads Guilty to Defrauding Oil Spill Claims Fund
Nov 13 2013 // A Mississippi man has pleaded guilty to a fraud charge involving $36,300 he received in oil-spill recovery money. The Sun Herald reported that Joseph Anthony Clements will be sentenced Jan. 30 in federal court in...
Doubts About CEO’s Controls at Insurer Raised by RSA Irish Accounting Inquiry
Nov 13 2013 // In September, RSA Insurance Group Plc Chief Executive Officer Simon Lee expanded the role of his top Irish lieutenant, Philip Smith, and praised his “outstanding record.” Two months later, he suspended...
Garden City, Kansas Expects $300K in Sewer Claims
Nov 13 2013 // Garden City, Kan., officials are expecting city residents to file more than $300,000 in claims after a recent sewage pump malfunction at the city’s wastewater treatment plant. The malfunction on Oct. 20 caused sewage...
Central Texans’ Interest in Flood Insurance Rises Along with Claims
Nov 13 2013 // Insurance agents in Austin, Texas, report the interest in homeowners obtaining flood insurance coverage has risen dramatically after two recent rains that have flooded portions of Austin and neighboring communities....
South Dakota Farmer Charged With Filing False Insurance Claims
Nov 11 2013 // A South Dakota farmer is charged in federal court with three counts of filing false crop insurance claims. Fifty-two-year-old Nicholas Berbos has pleaded not guilty to the charges. Trial is scheduled May 13 in...
ABI Estimates 105,000 Claims Totaling $208 Million from St. Jude Storm
Nov 7 2013 // The Association of British Insurers (ABI) said it expects the country’s insurers to “deal with a total of 105,000 claims, and pay out £130 million [$208 million] to policyholders whose homes, businesses and...
Talent War Continues: XL Hires AIG’s Miller to Oversee Global P/C Claims
Nov 4 2013 // XL Group Plc, the insurer led by Chief Executive Officer Mike McGavick, hired David Miller as senior vice president and head of claims for international property/casualty coverage. Miller joins from American International...
Judge Dismisses Suit Against Bank of America For Not Disclosing AIG Claims
Nov 4 2013 // Bank of America Corp. has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc. In a decision made public on Monday,...
Farmers Insurance, Texas Reach Tentative Deal on Mold Claims
Nov 4 2013 // The state of Texas and Farmers Insurance want to settle decade-old claims of overcharging and underserving customers for $117.5 million, which would be one of the largest insurance settlements in state history but less...
BP Oil Spill Settlement Opponents Ask Court to Rescind Approval
Nov 4 2013 // Opponents of BP Plc’s $9.2 billion partial settlement of private-party claims from the 2010 Gulf of Mexico oil spill are set to ask a U.S. appeals court to reverse a judge’s approval of the agreement. The...
E&O Dangers for Agents
Nov 4 2013 // Specializing is one way to get ahead in today’s insurance world. But becoming an expert comes with its own share of risks. Phrases such as “expert” or “specialist” have the potential to raise...
