Latest Claims Headlines

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

Florida Lawmakers Pass Omnibus Property Insurance Bill

May 3 2010 // On the final day of this legislative session, Florida lawmakers passed omnibus legislation that aims to bring more control over homeowners insurance costs, raises the state’s minimum capital requirements for...

It Figures

May 3 2010 // $28.2 Million The Ohio Insurance Institute (OII) has reported that the amount of insured losses from a series of storms in February will be at least $28.2 million, with 12,173 claims filed so far across the state. Losses...

Georgia Close to Opening State Insolvency Pool for Workers’ Claims

May 3 2010 // Georgia lawmakers have voted to allow employers whose injured employees lost medical benefits when a major workers compensation carrier went under to buy into the state insolvency fund. Sponsored by Rep. Carl Rogers,...

Appeals Court Tosses $35M Louisiana Citizens Settlement

May 3 2010 // The 4th Circuit Court of Appeals tossed out the $35 million settlement of two class action lawsuits against Louisiana Citizens Property Insurance Corp., saying the deal was not fair to some policyholders. The ruling could...

BP Vows to Pay All Gulf Coast Oil Spill Damage Claims

Apr 30 2010 // BP Plc will compensate all those affected by an oil spill from one of its wells in the Gulf of Mexico, its chief executive said, accepting the disaster could hit plans to open new areas off the U.S. coast to...

Calif. Workers’ Comp Premiums Not Affected By Rating Formula Changes

Apr 29 2010 // A recent report by the Workers Compensation Insurance Rating Bureau of California indicates that total statewide pur premium generated after application of 2010 workers’ compensation experience modifications has not...

IMA Names Johnson Commercial Lines Claims Manager

Apr 28 2010 // IMA Inc., an independently owned retail insurance broker, announced that Susan Johnson has joined the Wichita, Kan., office as commercial lines claims manager. Her responsibilities at IMA include managing the commercial...

Insurance Claims Pour In from Mississippi Storm

Apr 28 2010 // Mississippi’s top insurance official said the devastation caused by last Saturday’s storm would be “significant” after viewing the destruction on the ground and by helicopter. “It’s...

Windstorm Claims Adding Up in Texas After Weekend Storms

Apr 27 2010 // Violent thunderstorms packing winds up to 90 miles per hour struck a six-county area southeast of Dallas early on April 24 causing thousands of windstorm claims, the Insurance Council of Texas reports. One fatality...

Federal Court Strikes Blow to Wal-Mart in Sex Discrimination Suit

Apr 27 2010 // A landmark sex-discrimination lawsuit against Wal-Mart Stores Inc. may proceed as a class-action case, a federal appeals court said, dealing the retailer a major blow and exposing it to billions of dollars of potential...

American Claims Management Announces New Business Relationship with Sparta Insurance

Apr 26 2010 // San Diego, CA, 04/26/10 – American Claims Management, Inc. (ACM) announced a new business relationship with SPARTA Insurance Company (SPARTA). Effective March 1, 2010, ACM began handling claims nationally for...

United Fire & Casualty Earned Premiums Down in Q1, Net Income Up

Apr 26 2010 // Cedar Rapids, Iowa-based insurance company United Fire & Casualty Co. reported a dip in premiums earned in the first quarter of 2010 compared with that in the same period in 2009, but total revenues and net income...

Appeals Court Tosses $35M Louisiana Citizens Settlement

Apr 23 2010 // The 4th Circuit Court of Appeals tossed out the $35 million settlement of two class action lawsuits against Louisiana Citizens Property Insurance Corp., saying the deal was not fair to some policyholders. The appellate...

UK’s Brown Warns Banks of Compensation Claims

Apr 23 2010 // British Prime Minister Gordon Brown said any bank found guilty of wrongdoing could have to pay millions of dollars in compensation. Britain this week launched a probe into alleged fraud by Goldman Sachs after the United...

Hospitals Shifting Costs to Auto Insurance System, Study Finds

Apr 22 2010 // Low reimbursements from public health insurance programs, such as Medicare and Medicaid, have prompted hospitals to shift costs to automobile insurance companies—raising auto injury claim costs and forcing auto...

Georgia Firms Could Buy Into Insolvency Pool for Workers’ Claims

Apr 22 2010 // Georgia lawmakers have voted to allow employers whose injured employees lost medical benefits when a major workers compensation carrier went under to buy into the state insolvency fund. Sponsored by Rep. Carl Rogers,...

Oklahoma Lawmaker Wants to Send Work Comp Claims to Civil Courts

Apr 21 2010 // Oklahoma State Rep. Ken Luttrell is proposing a complete overhaul of Oklahoma’s worker’s compensation system that would result in sending all workers’ compensation claims to district civil...

Many Insurance Professionals on Fantasy Island

Apr 20 2010 // Many insurance industry professionals are living in a dream. Their fantasy is that the soft market is ending, but nothing could be further from the truth. As long as our economy stays weak, the soft market will continue. A...

Auto Insurers Begin Process of Recouping Losses from Toyota

Apr 20 2010 // Insurance companies are gearing up to recoup from Toyota money they paid for claims in crashes involving sudden acceleration, the subject of major safety recalls by the Japanese automaker. It could also mean money back for...

Louisiana Court: Policy Exclusions Can’t Be Used to Deny Drywall Claims

Apr 19 2010 // A Louisiana court has rebuffed an insurer’s use of the pollution exclusion and two other exclusions in an “all risk” homeowners insurance policy to deny claims resulting from Chinese...