Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Penn. Senator Asks Flood Insurers to Quickly Process Remaining Claims
Dec 29 2011 // U.S. Senator Bob Casey (D-Penn.) is asking flood insurance companies to quickly process remaining claims from Irene and Lee. He says some 25 percent of the claims in Pennsylvania are still not...
Insurance Adjusters Brace for Cold Weather Claims
Dec 29 2011 // Though summer weather is associated with devastating catastrophe losses, the winter holiday season can be equally busy for insurance adjusters. The third-largest cause of catastrophic losses behind hurricanes and...
Melbourne Storms Declared ‘Catastrophe;’ Full Year Insured Losses = $4.5 Billion
Dec 29 2011 // A series of violent storms struck Australia’s second largest city, Melbourne on Christmas Day, causing wide spread damage to buildings and infrastructure. Insurer QBE said the country’s insurers have already...
Jan. 2 Deadline Looms For People Suing Over 9/11 Health Claims
Dec 28 2011 // More than 1,600 people who filed lawsuits claiming that their health was ruined by dust and smoke from the collapsed World Trade Center must decide by Jan. 2, 2012, whether to keep fighting in court, or drop the litigation...
Claims Against Fort Lauderdale Police Top $1 Million
Dec 27 2011 // Records show that more than a $1 million has been paid out since 2005 in claims against a South Florida police department. The city of Fort Lauderdale released a list of claims and payouts in response to a public records...
Privacy Claims Against Iowa Insurance Agent Over Hidden Cameras Proceed
Dec 27 2011 // A video camera hidden in a workplace bathroom doesn’t have to produce any images for someone to believe their privacy was violated, the Iowa Supreme Court ruled last Friday. The court’s decision allows two...
Indiana AG: 64 Claimants Accept State Fair Settlement Offers
Dec 22 2011 // Indiana Attorney General Greg Zoeller announced that 64 of the 65 claimants who were offered settlements in the Indiana State Fair tragedy have accepted their settlement offers. Checks will be issued by the end of December...
Willis Report Highlights P&I Market’s Record Financial Results in 2011
Dec 22 2011 // The Protection & Indemnity (P&I) market “delivered a blockbuster financial performance last year,” according to a report from Willis. However, the report also found that P&I Clubs are “faced...
Pennsylvania Gets $420M in Disaster Aid, NFIP Settled $196M in Claims
Dec 21 2011 // The federal government has approved $420 million in disaster aid for Pennsylvanians hit by the one-two punch of Hurricane Irene and Tropical Storm Lee. Updated figures from federal and state emergency management officials...
Louisiana Citizens Owes More than $100M to Policyholders, High Court Says
Dec 20 2011 // Louisiana’s highest court has reinstated a nearly $100 million judgment against the state’s property insurer of last resort in a class action lawsuit stemming from Hurricane Katrina in 2005. The Louisiana...
Nevada Caughlin Ranch Fire Claims Exceed $16 Million
Dec 16 2011 // Nevada’s insurance carriers have reported they have received around 600 claims as a result of the Caughlin Ranch Fire resulting in more than $16 million in claims, Nevada’s insurance commissioner said on...
Alabama Awaits Detail of Data Call from Windstorms
Dec 16 2011 // Regulators and consumer groups in Alabama are awaiting the results of a data call from insurers to see if they are quickly handling claims and resolving other residents’ claimants. Commissioner Jim Ridling issued the...
Top 10 Most Read from ClaimsJournal.com
Dec 16 2011 // In 2011, ClaimsJournal.com readers took an interest in weather-related matters and educational articles on issues impacting claims handling, fraud and bedbugs. Three articles on insurance and television were among the top...
Swiss Re Estimates 2011 Economic Cat Loss at $350 Bn; Insured Loss $108 Bn
Dec 15 2011 // Swiss Re describes 2011 as the “year with the highest catastrophe-related economic losses in history, at $350 billion.” It could have been the most costly year ever for the insurance industry, if Japan had been...
Travelers Indemnity Seeks Claims Limit in Western Penn. Turnpike Mess
Dec 14 2011 // An insurance company says its liability for a pre-Thanksgiving asphalt spill on the Pennsylvania Turnpike should be limited to $1 million. Hundreds of vehicles were reportedly damaged when a leaking valve on a tanker...
Alabama Judge Grants Probation to 4 in Oil Spill Claims Fraud
Dec 14 2011 // Four people will spend five years on probation after being convicted of pocketing money from Gulf oil spill claims. The Press-Register reported that U.S. District Judge William Steele also ordered the four to pay back...
SEC Sues Brokerage Insurance Fund Over Stanford Victims’ Claims
Dec 13 2011 // Federal securities regulators have sued a brokerage industry backed fund on behalf of victims who lost money in Allen Stanford’s alleged $7 billion Ponzi scheme and have yet to recover any funds. The U.S. Securities...
FEMA, N.Y. Officials Settle Dispute Over Flood Insurance Regulation
Dec 12 2011 // Federal Emergency Management Agency (FEMA) issued a new bulletin telling insurers that they should cooperate with state regulators on questions regarding federal flood insurance. There has been an ongoing turf battle...
3 Small Insurers Placed into Receivership in Missouri
Dec 8 2011 // A Barton County, Mo., judge has placed a group of three small insurance companies into receivership, after claims from the Joplin tornado left the group insolvent, the Missouri Department of Insurance reported. Missouri...
Willis Re Spots Downward Trend UK Auto Claims; Premium Increases
Dec 8 2011 // UK motor [auto] insurance premiums “have continued to rise in 2011, with some drivers facing price increases of up to 50 percent,” according to findings of the annual UK Motor Market Review by Willis Re. It...
