Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
August 10 Is Texas’ Top Day for Home Burglary Claims: Allstate
Aug 9 2013 // More Texans file home burglary insurance claims on August 10 than any other day – according to a recent review by Allstate Insurance Co. Police say electronics, jewelry and cash are top targets during break-ins and...
Missouri Settles with Major Health Insurer over Claim Denials
Aug 9 2013 // Missouri insurance regulators announced a million-dollar settlement with a major health insurer over alleged violations that include denying childhood immunization and cancer screening claims. The Missouri Department of...
Report: Obesity Moniker to Impact California Workers’ Comp
Aug 8 2013 // The recognition of obesity as a disease may have a significant impact on workers’ compensation claims in California, a group said in a report on Thursday. The group issued the report following a decision in June by...
Third Point Re Claims Eligibility for U.S. Jobs Act Disclosure Limits with No U.S. Staff
Aug 8 2013 // Billionaire hedge-fund manager Daniel Loeb’s Third Point Reinsurance Ltd., which has no staff in the U.S., said it can limit financial disclosure after a public offering because of rules promoting domestic job...
BP Ordered to Pay $130M Operating Costs of Gulf Oil Spill Claims Program
Aug 8 2013 // BP Plc must pay $130 million to a court-appointed administrator overseeing payments to thousands of people who claimed they were hurt by the 2010 Gulf of Mexico oil spill, a federal judge ruled on Wednesday, in a fresh...
Oklahoma Insurance Claims from May Tornadoes Top $1 Billion
Aug 8 2013 // Insurance payments from the May tornado outbreak across central Oklahoma have now topped $1 billion, state insurance regulators report. “These numbers are staggering,” said Oklahoma Insurance Commissioner John...
Doctors’ Fear of Lawsuits Trumps State Malpractice Tort Reforms
Aug 7 2013 // Medicare patients receive more diagnostic tests and emergency department referrals when treated by physicians who worry more about malpractice liability, regardless of whether states have adopted common malpractice tort...
ABI Calls On UK Government to Enact ‘Whiplash’ Reforms
Aug 5 2013 // The Association of British Insurers has long targeted the epidemic of automobile accidents that result in claims for “whiplash” injuries for reform. In April it highlighted the fact that the UK was the...
BP Says Rejection of Oil Spill Claims Appeals Could Scuttle Settlement
Aug 5 2013 // The settlement BP Plc reached last year with most private parties over the 2010 Gulf of Mexico oil spill could be scuttled if a U.S. appeals court doesn’t throw out the interpretation of payments being used by the...
American Claims Management Wins El Camino Hospital Contract
Aug 1 2013 // San Diego, CA, 08/01/13 – American Claims Management Inc. (ACM), a national third party administrator (TPA), has been selected as the workers’ compensation TPA for El Camino Hospital in Northern California. As a...
Toronto Dominion Bank Warns of Insurance Losses from Weather Claims
Jul 31 2013 // Toronto-Dominion Bank, Canada’s second-largest lender, said it will take a third-quarter charge after tax of C$418 million (US$406 million) due to recent severe weather in Alberta and Ontario and to boost its...
BP Sees No Quick Settlement in Oil Spill Case; Latest Cost Estimate at $42.4B
Jul 30 2013 // BP is digging in for a long legal battle over the Gulf of Mexico oil spill, Chief Executive Bob Dudley said on Tuesday after compensation costs soared for a second straight quarter. The payouts, the scale of which BP is...
Groups Attack Watchdog Effort to Raise Medical Malpractice Bar in California
Jul 26 2013 // Under a measure being pursued for next year’s ballot by Consumer Watchdog California voters will have the opportunity to boost the cap on medical negligence lawsuits, but opponents of the measure on Friday said doing...
Buffett’s Berkshire Reinsures Irish State Health Claims as Population Ages
Jul 26 2013 // Warren Buffett’s Berkshire Hathaway Inc. will reinsure about €700 million ($930 million) in claims for Ireland’s state health insurer, which is seeking to stem losses and its burden on taxpayers, as the...
Lance Armstrong Seeks Dismissal of False Claims Lawsuit
Jul 24 2013 // Lance Armstrong, the former champion cyclist, asked a judge to throw out a lawsuit claiming he defrauded the U.S. by using banned substances in violation of his team’s contract with the U.S. Postal...
Claim Against Coca-Cola Over Vitaminwater to Proceed; No Damages Allowed
Jul 22 2013 // A judge last Thursday recommended that a case challenging the claims on popular Vitaminwater drinks as misleading move forward as a class-action lawsuit. Attorneys representing the health-advocacy group Center for Science...
Michigan: Bulk of Insurance Complaints in 2012 Concerned Claims Handling
Jul 22 2013 // The Department of Insurance and Financial Services (DIFS) says consumers in 2012 filed more than 3,000 complaints against insurance companies doing business in Michigan. Complaints were filed against carriers writing...
Auto Insurance, Claims Handling Top Reasons for Complaints in Illinois
Jul 22 2013 // Auto insurance was the line of coverage that topped the list of coverage complaints investigated by the Illinois Department of Insurance in 2012, with group accident and health insurance coming in second. The department in...
Number of Hail Damage Insurance Claims Up 84% Since 2010
Jul 18 2013 // Insurance claims resulting from hail storm damage increased 84 percent in 2012 from their 2010 level, according to the National Insurance Crime Bureau. In 2010, there were 467,602 hail damage claims filed. That number...
BP Sets up Anti-Fraud Hotline for Spill Claims
Jul 17 2013 // BP has set up a hotline for people to report alleged fraud involving claims arising from the company’s massive 2010 oil spill in the Gulf of Mexico. The July 15 launch of the hotline comes a week after a federal...
