Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Minnesota Company Seeks Law Change on Asbestos Claims
Feb 16 2012 // A company with three manufacturing plants in southern Minnesota wants a change in state law in order to shield itself from future asbestos claims. Crown Holdings Inc. says its 1963 merger with a rival company left it with...
Citigroup to Pay $158M in Whistleblower Fraud Claim Over Insurance for Mortgages
Feb 16 2012 // Citigroup Inc. has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit. Wednesday’s settlement resolves...
Florida Bill Seeks to Curb Medical Malpractice Claims
Feb 15 2012 // The Republican-controlled Florida Legislature is pushing ahead this year with changes meant to curb medical malpractice lawsuits against doctors. This effort is being criticized as an attack on the privacy rights of...
Lloyd’s Estimates Thai Flood Losses at $2.2 Billion
Feb 14 2012 // Lloyd’s announced that it is estimating its overall net claims from the flooding in Thailand last year to be in the $2.2 billion range. The figure is based on an industry loss estimate of between $15 and $20...
Chinese Firm Claims It Owns Apple’s iPad Trademark
Feb 14 2012 // A Chinese tech firm that says it owns the iPad trademark, plans to seek a ban on exports of Apple Inc.’s computer tablets from China, a lawyer for the company said. If successful, the move could deal a blow to the...
BP Wins Dismissal of Part of Investor Lawsuit Over Gulf Oil Spill
Feb 13 2012 // A U.S. federal judge dismissed a large part of a nationwide lawsuit accusing BP Plc and top executives of fraud for misleading shareholders before and after the 2010 Gulf of Mexico oil spill about the oil company’s...
China Author Sues for Defamation Over Ghostwriting Claims
Feb 13 2012 // Celebrity author Han Han has filed a defamation lawsuit in Shanghai against a writer who alleges some of Han’s prolific works were penned by others. Han, a novelist and semiprofessional race-car driver popular among...
Louisiana Citizens Offers to Settle Katrina-Rita Suit for $80M
Feb 13 2012 // Louisiana’s property insurer of last resort has offered to settle a dispute over slow handling of hurricane claims from 2005 for up to $80 million, with no more than $25 million of that for attorneys’ fees —...
Lawsuit: Payment Denied For Seniors’ Home Care
Feb 10 2012 // A lawsuit contends that a health insurer ran a scheme to avoid paying in-home care claims from what could be thousands of California’s elderly residents. Senior Health Insurance Co. of Pennsylvania, or SHIP, had a...
Bogus Insurance Claims Help Spaniards Weather Tough Economic Times
Feb 10 2012 // Leather seats are disappearing from cars. Precious jewels are vanishing from drawers. TVs are spirited out of homes in the dead of night. These crimes are not what they seem. And the perpetrators are not the usual...
Banks Still Face Legal Claims After $25 Billion Settlement
Feb 10 2012 // A landmark $25 billion settlement over foreclosure abuses will allow large banks to resolve one piece of their mortgage-related problems. But it still leaves them exposed to a wide range of lawsuits and other claims...
Pennsylvania Woman Gets Probation for Fake Cancer Claims
Feb 9 2012 // A Pennsylvania woman who submitted nearly $100,000 worth of fake cancer treatment insurance claims for herself and her husband must repay the money while she serves nearly nine years on probation. The Observer-Reporter of...
People
Feb 6 2012 // Sandra Helin has been elected president of Southwestern Insurance Information Service. Helin will succeed Jerry Johns, who retires March 1, 2012. A 13-year veteran of SIIS, Helin previously served as director of public...
E&O Insights: Use Caution When Moving a Customer From a Claims-Made to an Occurrence Form
Feb 6 2012 // From time to time, an account is moved from one form of insurance to another. The scenario could involve moving from a claims-made form to an occurrence form, or vice versa. Other scenarios could involve moving from a...
BP Fails to Shift $15 Billion of Gulf Oil Spill Costs to Transocean
Feb 6 2012 // Oil giant BP has lost its attempt to shift more than $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion cleanup...
What to Know About Public Entity Self-Insured Retention Programs
Feb 6 2012 // Public entities across the nation must professionally manage the numerous required services that communities demand. Such services are expensive to operate and, in recent tight budget years, entities are often forced to...
Missouri Sets Record with $21M in Claims Recoveries in 2011
Feb 6 2012 // Missouri insurance regulators say they returned a record amount in insurance claims recoveries to consumers in 2011. An additional $21 million was recovered from insurance companies by the Missouri Department of Insurance...
Virginia Court Grants Rehearing of Global Warming Claims Case
Feb 3 2012 // The Virginia Supreme Court has recently granted rehearing of a closely followed legal case involving global warming, The AES Corp. vs. Steadfast Insurance Company. The court says its previous decision on the case has been...
Ohio Announces $11.6M in Insurance Savings, Recoveries in 2011
Feb 3 2012 // Insurance regulators saved or recovered $11.6 million for Ohioans in 2011, the Ohio Department of Insurance announced. The department said it received 5,336 consumer complaints, the majority of which dealt with the denial...
Woman Takes Honda to Small-Claims, Wins Big
Feb 3 2012 // This Jan. 3, 2012 file photo shows Heather Peters, who says her 2006 Honda Civic Hybrid never achieved the 50 mpg Honda claimed in its advertising, presenting her case in small claims court in Torrrance, Calif. This unique...
