Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
Some Red Flags in Residential Arsons Fly Before the Fire
Apr 19 2010 // Financial stress is the No. 1 reason residential dwellings are intentionally torched, but proving the act of arson is not that easy. In fact, Federal Bureau of Investigation statistics for 2007 show only around 6 percent...
Bill Targeting New Orleans Saints Workers’ Comp Issues Expanded
Apr 19 2010 // An attempt by the New Orleans Saints to lower its workers’ compensation costs for injured players has mushroomed into an issue that would apply to all businesses and employees in Louisiana. The Saints were pushing a...
Report: February Storms in Ohio Caused More than $28M in Losses
Apr 14 2010 // The Ohio Insurance Institute (OII) has reported that amount of insured losses from the series of February winter storms will be at least $28.2 million, with 12,173 claims filed to-date across the state. Because some...
Green Building Movement Raises Some Construction Defect, Claims Concern
Apr 7 2010 // New insurance products to protect innovative green construction products such as wind turbines, fuel cells and vegetative roofs are on the rise. But even those closest to the situation admit to being a bit, well, green,...
Private Company Directors and Officers Coverage
Apr 5 2010 // Should It Be First on Your List Rather Than Last? But we are a private company,” is a typical response when trying to open a conversation about directors and officers (D&O) liability coverage with a prospect or...
