Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Pitfalls That Can Derail Insurance Coverage Disputes
Oct 7 2013 // Insurance coverage disputes have a lot of commonalities. And lawyers who represent both sides of the table — defense and plaintiff — say participants in such disputes should be aware of certain potentially adversarial...
Workers’ Comp Costs Could Rise for Missouri Businesses
Oct 7 2013 // Missouri businesses could face significantly higher costs for workers’ compensation insurance next year, due partly to a new law that seeks to shore up a financially troubled state fund for disabled...
New York Second in Nation for Questionable Workers’ Compensation Claims
Oct 4 2013 // New York State is second in the nation, only behind California, for questionable workers’ compensation insurance claims. The Empire State jumped to the second place in 2012 from fifth in 2011, the New York Insurance...
N.J. Regulators Requesting Updated Sandy Claims Data From Insurers
Oct 4 2013 // The New Jersey Department of Banking and Insurance recently announced a new data call request to the insurance industry to evaluate Superstorm Sandy-related claims and monitor market conditions for property/casualty...
FERMA Offers Trialogue between Risk Managers, Carriers and Brokers – Part 1
Oct 4 2013 // The insurance industry may have given the world a new word – “trialogue,” meaning a three way conversation. Oddly enough the first person to use it at the Federation of European Risk Management...
What to Know About NARAB or National Producer Licensing: Bissett of Big ‘I’
Oct 3 2013 // If and when the federal government resumes operations, a multistate producer licensing reform bill long pushed by the country’s insurance agent lobby could be among the few bipartisan pieces of business Congress...
Texas Workers’ Compensation Health Care Networks Show Improvements
Oct 3 2013 // Workers’ compensation networks certified by the Texas Department of Insurance (TDI) continued to show improvements in medical costs, return-to-work outcomes, and health outcomes in the latest annual report card...
Court Grants BP Review of Disputed Claims Paid to Gulf Oil Spill Victims
Oct 3 2013 // BP Plc persuaded an appeals court to order a re-examination of key terms of the 2010 Gulf of Mexico oil-spill settlement that the company said could have cost it billions of dollars in improper payouts. BP said the...
Toyota Claims Plaintiffs Fabricated Fatal Acceleration Theory
Oct 2 2013 // Toyota Motor Corp. said plaintiffs’ lawyers seeking to blame a fatal accident on unintended acceleration made up a theory of how a 66-year-old woman’s foot got stuck between the gas and brake pedal of a 2006...
Workers’ Comp Costs Could Rise for Missouri Businesses
Sep 27 2013 // Missouri businesses could face significantly higher costs for workers’ compensation insurance next year, due partly to a new law that seeks to shore up a financially troubled state fund for disabled...
Neither Rain Nor Sleet But Dog Bites: Post Office Workers’ Injury Claims
Sep 27 2013 // The cost of workers’ compensation for the United States Postal Service (USPS) for fiscal year 2012 was $3.7 billion, a 68 percent increase from the $2.2 billion reported in fiscal year 2009. There were 32,213...
Georgia Studies Moving Malpractice Claims from Court to Review Panel
Sep 26 2013 // A panel of state lawmakers is studying a Senate bill that would overhaul Georgia’s medical malpractice system, with groups such as the Medical Association of Georgia and the State Bar of Georgia lining up against...
Xchanging Launches New wifi service for London Insurance Market
Sep 26 2013 // Xchanging, the business process, procurement and technology services provider, has launched a free wifi service for the London Underwriting Center (LUC), home to many insurance businesses. The service will support the...
Opinion: Energy Industry Liability May Cover Contamination Claims From Colorado Flooding
Sep 24 2013 // Colorado residents and businesses face devastating water inundation that many are dubbing a one-in-500-years weather event. Early reports confirm nearly 2,400 square miles saturated with water causing massive dislocation...
N.J. Bill Seeks to Strengthen Homeowners’ Cases Against Insurers in Civil Court
Sep 24 2013 // New Jersey Assemblyman Reed Gusciora (D-Mercer/Hunterdon) last week proposed a bill aimed at strengthening homeowners’ cases against their insurers in civil lawsuits. Assemblyman Gusciora said the bill (A-4382) would...
Swiss Re Estimates $240 Million in Claims from German July Hail Storms
Sep 23 2013 // Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July will be between $2.0 and $2.7 billion, while it’s estimating its own claims burden to be...
Bloggers Beware: Defamation Claims Brought by Public Figure Plaintiffs
Sep 23 2013 // It takes thick skin to be in the public eye. As Supreme Court Justice Antonin Scalia once observed, “harsh criticism, short of unlawful action, is a price our people have traditionally been willing to pay for...
E&O Insights: Mother Nature’s Effect on E&O Claims
Sep 23 2013 // It seems that practically every time you turn on the news, a part of the United States is being threatened by a significant weather-related event. It’s sometimes anyone’s guess when and where the next...
Probe Clears BP Claims Chief But Finds Staff Misconduct
Sep 23 2013 // An investigation led by former FBI Director Louis Freeh cleared the BP claims administrator of misconduct in handling settlement payouts from the 2010 oil spill in the Gulf of Mexico, but found some of his staff took...
PCS Shows How Cat Loss Estimates are Made, and Why They’re Important
Sep 20 2013 // The Property Claims Services (PCS) unit of Verisk Insurance Solutions could be described as the ultimate end product of risk modeling. AIR Worldwide is also part of Verisk, but “there’s a high wall between the...
