Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
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...
