Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Attorneys Discuss Liability Insurance Coverage for Sandy Litigation
Dec 21 2012 // Homeowners, businesses, and municipalities in the tri-state area continue to rebuild and rebound from Superstorm Sandy. Often, large-scale devastation and destruction are followed by lawsuits against individuals and...
XL Group’s Marine Unit Boosts Underwriting and Claims Staff in N.Y.
Dec 20 2012 // XL Group plc’s North American marine business is expanding its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as...
Court Dismisses Most Damage Claims by Duke University Lacrosse Players
Dec 19 2012 // The bulk of a federal lawsuit filed by former Duke University lacrosse players falsely accused of raping a stripper has been dismissed. The U.S. Court of Appeals for the Fourth Circuit dismissed all claims for damages...
N.J. Regulators Offer Tips on Managing Settlement Process Post-Sandy
Dec 18 2012 // New Jersey Department of Banking and Insurance Acting Commissioner Ken Kobylowski is offering advice to consumers in an effort to help explain the Sandy claims process. The regulator said that so far, more than 458,000 New...
Brees California Lawsuit Claims His Charity Was Cheated
Dec 14 2012 // Saints quarterback Drew Brees and his foundation are suing one of the former organizers of his celebrity golf tournament in southern California, saying the organizer cheated benefactors of the foundation out of thousands...
The Hartford to Pay $81K in Restitution for Auto Claims in Vermont
Dec 13 2012 // The Vermont Department of Financial Regulation says the Hartford Financial Services Group has agreed to pay more than $81,000 in restitution to Vermont customers whose auto insurance claims were improperly evaluated. The...
Lawsuit Claims TV’s ‘Storage Wars’ Show Is Rigged
Dec 13 2012 // Some of the valuables found hidden in abandoned lockers on A&E’s “Storage Wars” have been added by producers to deceive viewers, a former cast member of the show claims in a lawsuit filed...
Commentary: Lessons From Recent Decisions on Bad Faith Litigation
Dec 12 2012 // A rising tide of first-party bad faith decisions is defining the contours of the bad faith cause of action. Recently, three courts have found first-party insurance companies liable for bad faith claims handling. However,...
Meadowbrook Insurance Group: $5.1M Known Claims from Hurricane Sandy
Dec 12 2012 // Meadowbrook Insurance Group Inc., headquartered in Southfield, Mich., reported that so far it has approximately $5.1 million of known claims resulting from Hurricane Sandy. The claims reported from Hurricane Sandy are...
NJM Insurance: Sandy-Related Claims Could Exceed $300M
Dec 6 2012 // With more than 52,000 Sandy-related claims filed to date, New Jersey Manufacturers Insurance Company said it anticipates that payouts to policyholders who have suffered covered losses could exceed $300 million — four...
Ohio Senate Panel Advances Asbestos Lawsuit Bill
Dec 6 2012 // An Ohio Senate committee advanced a bill on Dec. 4 aimed at curbing duplicate lawsuits over on-the-job asbestos exposure in a state with one of the largest backlogs of such cases in the nation. The bill cleared the...
Theft and Vandalism Claims Have Carriers on Edge in Vacant Property Segment
Dec 3 2012 // Insurers are restricting the availability of theft and vandalism coverage in the vacant property insurance market, where there is still plenty of available business. Vacant property provided a boost for some insurers...
Georgia Eyes No-Fault Plan for Medical Malpractice
Dec 3 2012 // Georgia physicians are debating whether to push for a state constitutional amendment to reinstate a $350,000 cap on medical malpractice non-economic damages or scrap the current tort driven system in favor of a scheme...
New York Gov. Cuomo Orders Insurers to Speed Up Sandy Claims
Nov 30 2012 // New York Governor Andrew Cuomo on Thursday imposed emergency regulations on insurers to speed the processing of claims from hundreds of thousands of state residents whose properties were damaged or destroyed when...
Ohio Work Comp Bureau Launches Online Tool to Assist Employers
Nov 27 2012 // The Ohio Bureau of Workers’ Compensation (BWC) announced a new online tool that makes it easier for employers to navigate and manage the details of their workers’ compensation insurance policy. My Policy Page...
Agency E&O Outlook: Competition, Hard Market, Healthcare Effects and More
Nov 27 2012 // Firmer insurance prices and an upward trend in agency revenues are signs of good times for most independent agencies. These same trends, however, are reflected in today’s insurance market for agency errors and...
Attorneys Discuss Importance of Event Cancellation Insurance
Nov 26 2012 // The cancellation of the 2012 New York City Marathon was disappointing to the approximately 47,000 runners who dedicated months to training for the race, many of whom had already spent a significant amount of time and money...
Veterans’ Advocate Seeks to Change Attorneys’ Role in Disability Claims
Nov 26 2012 // David Huffman has helped thousands of military veterans seeking disability benefits navigate the complex, often slow and at times frustrating claims process. The Wood County, West Virginia lawyer can relate: he was a...
Brace to Join Catlin as Group Claims Director
Nov 26 2012 // The Bermuda-based Catlin Group Limited announced that Glenn Brace will join Catlin in early 2013 as Group Claims Director. He will be responsible for Catlin’s worldwide claims operations, including the claims...
Swiss Re Estimates Claims from Hurricane Sandy at around $900 Million Net
Nov 26 2012 // Swiss Re announced that its estimates of claims from Hurricane Sandy are around $900 million, net of retrocession and before tax. The bulletin warned, however, that “this estimate is subject to a higher than usual...
