Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Year Old Gulf Oil Spill Claims Fund Has Paid $5 Billion
Aug 23 2011 // The Gulf Coast Claims Facility set up to handle claims from the BP oil disaster has paid out $5 billion after one year of operation. It has paid 204,434 individual and business with a total of 359,441 claims. Established...
Connecticut Court Rules on Guaranty Fund Role in Workers’ Comp Claims
Aug 23 2011 // The state insurance guaranty fund can be considered the last insurer on a workers’ compensation risk that has multiple insurers and be initially liable for paying benefits to the injured employee, with the right to...
Cap Limits Indiana’s Liability in Stage Collapse to $5M
Aug 22 2011 // Indiana’s $5 million cap on liability in accidents is far too low for the number of deaths and injuries involved in the recent deadly stage collapse at the state fair, personal-injury lawyers say. The Indianapolis...
Illinois Court: Homeowner Suit Against Flood Determination Firm May Proceed
Aug 19 2011 // A flood determination company may be sued by Illinois homeowners for failing to determine the couple’s home was in a flood plain, a state appeals court has found. The Illinois Court of Appeals for the Third District...
QBE 1st Half Net Profits up 53% to US$673 Million
Aug 19 2011 // QBE, Australia’s global insurance group, announced a 53 percent increase in the half year net profit after tax of US$673 million. The group noted that this figure was “within the range provided to the market on...
Insurer’s New Predictive Model Targets High Cost Workers’ Comp Claims
Aug 18 2011 // Workers’ compensation giant Liberty Mutual has developed a new predictive model that lets it more quickly identify and manage high cost workers’ compensation claims that typically make up about 20 percent of...
Missouri: $745M in Claims Paid Toward Joplin Recovery
Aug 17 2011 // As of mid-July insurance companies serving consumers in the Joplin, Mo., area had paid more than $745 million in claims for residential, personal and commercial property damaged by the EF-5 tornado that struck May 22,...
Official Urges Filing of Flood Insurance Claims
Aug 15 2011 // A federal disaster official says South Dakota homeowners and business owners who have flood insurance and have suffered flood damage should file claims now. Mark Neveau of the Federal Emergency Management Agency, which...
La. First-Time Unemployment Claims Increase
Aug 14 2011 // First-time claims for unemployment insurance in Louisiana for the week ending Aug. 6 increased from the previous week’s total. The state labor department figures released Friday show the initial claims increased to...
Maryland Hospital Settles Stent Claims for $1.8 Million
Aug 12 2011 // The Peninsula Regional Medical Center in Salisbury, Maryland has agreed to settle allegations that it failed to take action to prevent medically unnecessary cardiac stent procedures by a physician who had privileges...
UK Insurers Welcome PM’s Pledge on Compensation Scheme
Aug 12 2011 // The UK’s insurance industry “has welcomed Prime Minister David Cameron’s announcement that the Riot Act police compensation schemes will operate as normal and has promised to use its expertise to help the...
Mississippi Lawsuit Claims ‘The Help’ Movie Used Real Person’s Identity
Aug 11 2011 // Lawyers for Kathryn Stockett want a judge in Mississippi to dismiss a lawsuit that accuses the author of “The Help” of basing a character on a real-life maid who works for Stockett’s brother. The...
State Agencies Not Exempt from Age Bias Claims, Says Mass. Court
Aug 11 2011 // The Massachusetts Appeals Court has ruled state agencies aren’t exempt from age discrimination lawsuits, even when the discrimination is the result of a policy that doesn’t explicitly target older workers. The...
Pinnacol Stops Administering Colorado State Claims
Aug 8 2011 // A Colorado-chartered workers’ compensation insurer will no longer administer the claims of state employees following disagreements with state officials over lavish trips, compensation and golden parachutes for key...
Asbestos Claims on Rise at MetLife
Aug 5 2011 // Asbestos-related claims against MetLife Inc. rose 11 percent in the first half of the year, the company said Friday, mirroring recent comments by other large insurers who have experienced more claims than they...
Shell Faces First Nigerian Oil Spill Claims in UK
Aug 5 2011 // Royal Dutch Shell has agreed that a Nigerian community impacted by its oil spills can seek compensation in a British court, lawyers in the case have said, potentially opening itself up to bigger future financial and...
Wisconsin Repays Medical Malpractice Claims Fund
Aug 5 2011 // Wisconsin Gov. Scott Walker announced that the state has made a payment of more than $200 million owed to the Injured Patients and Families Compensation Fund (IPFCF). The payment includes a $200 million transfer as well as...
Minn. Supreme Court Rules Against Agent in Negligent Procurement Case
Aug 5 2011 // An insurance agent in Minnesota lost an appeal asking to the state Supreme Court to dismiss a case against him over “negligent procurement of insurance coverage.” Robert M. Swendra with the Robert M. Swendra...
UK’s ABI Details Increase in Fraudulent Claims – $29 Million per Week
Aug 4 2011 // The Association of British Insurers reports that the UK’s insurance companies are “detecting more fraudulent claims than ever: over 2,500 worth £18 million [$29.446 million] every week.” A number of...
Bank of America Loses Bid to Dismiss Fraud Claims
Aug 1 2011 // Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank’s 2008 acquisition of Merrill Lynch & Co. U.S. District Court Judge...
