Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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Jan 9 2012 // The board of directors of the National Insurance Producer Registry (NIPR) re-elected Alaska Insurance Director Linda Hall as NIPR president during its Dec. 13, 2011, meeting in Chicago. Hall has been a member of the NIPR...
Insolvent Missouri Insurers to Be Managed by Farm Bureau
Jan 9 2012 // A Barton County, Mo., judge in December 2011 approved a proposal to allow Missouri Farm Bureau to assume operations of three small insurance companies that became insolvent after paying claims from the May 22 Joplin...
Australia’s Suncorp Updates Melbourne Storm, NZ Quake Loss Estimates
Jan 6 2012 // Australia’s Suncorp Group Limited’s preliminary estimates of the financial impacts of the recent Melbourne hailstorm and Christchurch earthquake are between A$200 and A$250 million [US$204.9 to US$256.1...
Aging Workforce May Not Be So Bad for Workers’ Compensation, Says NCCI
Jan 5 2012 // The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) also...
IAG Updates Claims Estimates for Victoria Storms, NZ Quakes
Jan 5 2012 // The Insurance Australia Group has advised that its Australia Direct and CGU businesses have, “received approximately 20,000 claims following the hailstorms and related severe weather which occurred in Victoria around...
New Orleans Settles Claims Police Ignored Threats
Jan 4 2012 // The city of New Orleans has agreed to pay $25,000 to settle a federal lawsuit that accused police of ignoring a woman’s complaint that her ex-husband threatened her two weeks before he killed her and a friend, a...
Honda Owner Bypasses Class Action in California, Hopes Others Follow
Jan 4 2012 // A woman who expected her 2006 Honda Civic Hybrid to be her dream car wants Honda to pay for not delivering the high mileage it promised. But rather than joining other owners in a class-action lawsuit, she is going solo in...
Earthquakes Prompt Record Insurance Claims in 2011
Jan 4 2012 // Insurance industry damage claims from natural disasters like the earthquakes in Japan and New Zealand reached a record $105 billion in 2011, Munich Re , the world’s biggest reinsurer, said on Wednesday. The cost to...
Alabama Insurance Claims for Tornadoes Top $2 Billion
Jan 3 2012 // Insurers have paid at least $2.2 billion claims arising from the April tornado outbreak in Alabama, authorities said. More than 2,500 claims are still pending eight months after the storms, The Birmingham News...
Report: News Int’l. Ups Fund to Settle Illegal Hacking Claims to $155 Million
Dec 30 2011 // The British arm of News Corp has increased the legal fund it will use to settle civil litigation cases brought by victims of phone hacking to £100 million ($155 million) from £20 million [$31 million], the Independent...
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...
