Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Alabama Insurers Receiving Steady Stream of Storm Claims
May 11 2011 // Alabama residents who suffered severe losses due to a series of storms that swept through the Southeast last month have already filed over 65,000 storms, according to an estimate by state officials. Alabama Governor Robert...
Top 10 States for Dog Bite Claims
May 11 2011 // State Farm Insurance Co. has released its top 10 states for claims involving dog bites, with California on top in number of claims and Florida recording the highest cost per claim. The Bloomington-based State Farm reported...
California Leads Nation in Dog Bite Claims, State Farm Says
May 10 2011 // California leads the nation in the number of claims made and paid out by State Farm Insurance for dog bites, according to the Bloomington, Ill.-based insurer. The insurer recorded 369 claims were made, and $11.3 million...
Report: Workers’ Comp Line Deteriorates Further in 2010
May 5 2011 // Workers’ compensation continued to worsen in 2010 as the combined ratio jumped five points to 115 in 2010 from 2009. In its State of the Line workers compensation market analysis, NCCI Holdings Inc. described the...
Damage Estimated in Billions as Insurers Work to Pay Claims
May 4 2011 // Officials, insurers and residents are starting the daunting task of assessing and cleaning up the damage from the massive storm system that hit the Southeast as the amount of insured losses is heading into the billions of...
Texas Supreme Court: Public Entities Immune from Retaliatory Discharge Claims
May 3 2011 // A ruling by the Texas Supreme Court will make it more difficult for former employees of public entities to pursue retaliatory discharge claims against those employers. The Court has held that a political subdivision has...
Nearly 7,000 Insurance Claims Filed After St. Louis Tornado
May 2 2011 // Missouri insurance regulators say major homeowners and auto insurance companies in the state have received nearly 7,000 claims from St. Louis residents with damage from the April 22 (Good Friday) tornado. The companies...
Japan’s Edano: No limit on Tepco Nuclear Compensation Claims
May 2 2011 // Japan’s government will not put a cap on the liabilities faced by Tokyo Electric Power Co (Tepco) for damages stemming from its crippled Fukushima Daiichi nuclear power plant, Chief Cabinet Secretary Yukio Edano said...
Prosecutors: Claims Rep Steals $45K from Insurance Settlement
May 2 2011 // A claims rep for Nationwide in New York has been arrested for stealing $44,900 that should have been paid to a policyholder whose home burned down. State police arrested Scott E. Wood, of Liverpool, in April. Fraud...
People
May 2 2011 // Dallas-based insurance brokerage firm Roach Howard Smith & Barton (RHSB) appointed Tom A. Hughston as its new CEO. Hughston, previously the company’s executive vice president, is an established leader in the...
BP Claims Fund Faces Critics, Legal Challenges
May 2 2011 // One year after the Gulf oil spill, BP Plc is facing challenges to its effort to contain another kind of disaster: mass litigation. The oil giant last June established a $20 billion compensation fund for victims such as...
Health Insurers’ Claims Cost Continues to Rise
Apr 26 2011 // The cost of claims in employer-sponsored health plans continues to increase, although the rate is slightly lower than six months ago. A new trend survey by Wells Fargo Insurance Services projects that overall claim cost...
Insurers Receive Hundreds of Tornado Claims in Virginia
Apr 25 2011 // Property owners in Virginia have submitted hundreds of claims to insurers for damage caused by recent tornadoes. The Virginian-Pilot reports that State Farm Mutual Automobile Insurance Co. received about 400 claims by...
Claims Rep Steals $45K from Insurance Settlement
Apr 22 2011 // A claims rep for Nationwide in New York has been arrested for stealing $44,900 that should have been paid to a policyholder whose home burned down. State police arrested Scott E. Wood, of Liverpool, earlier this...
Lawsuits Fly in BP Gulf Oil Spill Blame Game
Apr 22 2011 // A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued Transocean Ltd,...
Calif. Places Majestic Insurance into Conservatorship
Apr 21 2011 // Workers’ compensation insurer Majestic Insurance Co. has been placed into conservation by order of the San Francisco Superior Court. California Insurance Commissioner Dave Jones has simultaneously filed a motion...
North Carolina Offers Mediation for Storm Claims
Apr 21 2011 // Homeowners in North Carolina whose property suffered recent storm damage but had their claims denied by their insurance company may eligible for a mediation program. Insurance Commissioner Wayne Goodwin announced the...
Feinberg: BP Gulf Claims Fund ‘Working As Intended’
Apr 21 2011 // On the one-year anniversary of the Gulf oil spill, BP Plc is facing challenges to its effort to contain another kind of disaster: mass litigation. The oil giant last June established a $20 billion compensation fund for...
UK’s Voyager Lists ‘Top 10’ Reasons for Wedding Cancellation Insurance Claims
Apr 21 2011 // Voyager, a niche insurance specialist in the UK, has published the top ten reasons why couples claim on their wedding insurance on or prior to their big day. The bulletin noted that “unlike the era in which previous...
Ohio Non-Insured Property Exclusion Case Sent Back to Lower Court
Apr 20 2011 // The Supreme Court of Ohio has ruled that a trial court must reconsider arguments in a lawsuit over an exclusion in a homeowners’ insurance policy that bars coverage for claims “arising out of” premises...
