Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Hawaii Restores Coverage for Construction Defect Claims
Aug 1 2011 // Hawaii Gov. Neil Abercrombie has signed legislation its supporters hope will restore coverage for construction defect claims under a commercial general liability (CGL) policy that was called into question by a 2010 court...
BP Gulf Oil Claims Fund to Be Audited
Aug 1 2011 // An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, Attorney General Eric Holder said. In a letter to the fund’s...
NFL Case Draws Attention to Unique Calif. Workers’ Comp Law
Aug 1 2011 // A California statute that affords protections to employees on temporary work assignment in the state has attracted attention after St. Paul Fire and Marine Insurance sued the Denver Broncos of the National Football League...
BP Gulf Oil Spill Claims Fund to Be Audited
Aug 1 2011 // An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, U.S. Attorney General Eric Holder said. In a letter to the fund’s...
Contractors Acting As Public Insurance Adjusters Irk States
Jul 29 2011 // Public adjusting activity is not welcome or licensed in all states and even in some where it is, the practice is coming under close scrutiny. In particular, states are cracking down on roofing and other contractors who...
P/C Insurers Still Saddled with Asbestos Reserve Challenges
Jul 28 2011 // Asbestos-related diseases have been falling for a decade, but warnings from a pair of U.S. insurance giants about new claims raise questions about the industry’s ability to put the scourge behind it. While medical...
Post-Loss Assignments of Claims Under Insurance Policies in Louisiana
Jul 27 2011 // In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed...
N.M. Snowstorm Cost $55 Million in Gas Claims
Jul 27 2011 // SANTA FE, N.M. (AP) _ The natural gas shortage that slammed the state last winter cost insurance companies $55 million in claims. A memo from the state Public Regulation Commission’s Insurance Division says...
BP Gulf Oil Spill Claims Fund to Be Audited
Jul 25 2011 // An independent audit will be performed on the $20 billion fund set up to compensate victims of last year’s BP oil spill in the Gulf of Mexico, Attorney General Eric Holder said. In a letter to the fund’s...
Wisconsin Settles with Medical Society over Raid of Med-Mal Fund
Jul 22 2011 // The state of Wisconsin has reached an agreement with the Wisconsin Medical Society over the repayment of a fund set up to pay medical malpractice claims that was raided in 2007 to help balance the budget. The agreement...
Zurich Says Its Policy for Sony Doesn’t Cover Data Breach
Jul 22 2011 // One of Sony Corp.’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage
Jul 21 2011 // One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this...
Massachusetts Judge: Obsolete Fire-Suppression Means No Claims Paid
Jul 20 2011 // A Massachusetts restaurant owner who failed to upgrade his obsolete fire suppression system was not entitled to collect insurance money after a massive fire six years ago — and must return $15,000 advanced to him by his...
Soda Makers Fight Back Against Obesity Claims: Reuters
Jul 20 2011 // U.S. public awareness campaigns about sugary soft drinks are under legal attack by beverage makers, which have sued New York City’s health department and hit local governments with requests for documents on the...
Volvo Technology Prevents 27% of Low-Speed Crashes: Insurance Study
Jul 20 2011 // Vehicles are doing a better job of protecting people in crashes, but a new crop of advanced technology aims to prevent many crashes from happening altogether. A new study by the insurance industry’s Highway Loss Data...
Judge Tosses Racketeering Claims vs. BP Over Oil Spill
Jul 18 2011 // BP Plc won two legal victories Friday, as a federal judge threw out racketeering claims made by the lead plaintiffs suing over last year’s Gulf of Mexico oil spill, and also set aside a lawsuit by partner Anadarko...
Post-Loss Assignments of Claims Under Insurance Policies
Jul 18 2011 // In the settlement of lawsuits involving insured claims, it is not uncommon that one condition of the settlement is that the defendant assign his or her claims under all applicable insurance policies to the party that filed...
U.S. AG: Gulf Claims Fund Too Slow
Jul 18 2011 // The fund oil firm BP set up to deal with compensation claims after last year’s Gulf of Mexico oil spill is working too slowly, U.S. Attorney General Eric Holder said recently. The fund is not sufficiently transparent...
Top Locations for Questionable Claims
Jul 18 2011 // Five states-California, Florida, Texas, New York and Michigan-generate almost half of all suspicious claims to property/casualty insurance companies, a new report says. These states account for 49 percent of all...
$509 Million in Claims Paid Toward Joplin Recovery
Jul 18 2011 // Just five weeks after the tornado, insurance companies serving consumers in the Joplin, Mo., area had paid more than $509 million in claims for residential, personal and commercial property damaged by the EF-5 tornado that...
