Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Fatalities Up 50% in Animal-Vehicle Crashes
Oct 31 2008 // November is the peak month for vehicle-deer collisions, and a new analysis of insurance claims and federal crash data indicate the problem is growing. The Highway Loss Data Institute (HLDI), an affiliate of the Insurance...
Selective Insurance Posts Profit Despite Storm Claims, Investment Decline
Oct 31 2008 // New Jersey-based Selective Insurance Group, Inc. today reported its financial results for the third quarter ended Sept. 30, 2008 that included a profit despite storm claims and a drop in investment income. Selective...
California Change to Construction Contracts Could Increase Litigation
Oct 29 2008 // California Gov. Arnold Schwarzenegger has approved legislation affecting indemnity for construction defect claims in contracts in residential construction — a decision that could increase litigation when resolving...
Zurich Estimates Gustav, Ike Claims at Around $600 Million
Oct 29 2008 // Zurich Financial Services Group announced that, based on preliminary estimates, it expects aggregate claims payments related to hurricanes Gustav and Ike of approximately $600 million before tax. Zurich said the figure is...
Empathy, Communication Rank High in Auto Claims Satisfaction
Oct 29 2008 // Managing expectations, showing empathy, ensuring convenient service and effective communication are key themes in enhancing overall insurance customer satisfaction with the claims process, according to the J.D. Power and...
Island Insurance Selects PipelineClaims as Part of its SOA Strategy
Oct 27 2008 // Best-of-Breed Solution Will Streamline Claims Operations, Enhance Communication Honolulu, HI – October 27, 2008 – BlueWave Technology™, a provider of property and casualty insurance solutions, today...
Insurers to Pay $11.5 Billion in Q3 Catastrophe Claims
Oct 27 2008 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $11.5 billion for third-quarter property losses resulting from a total of 11 catastrophes in 22 states — the fourth-largest...
California Commissioner Announces 5% Workers’ Comp Rate Increase
Oct 24 2008 // Rejecting the Workers Compensation Insurance Rating Bureau’s (WCIRB) call for a 16 percent increase in the benchmark for determining workers’ compensation costs, California Insurance Commissioner Steve Poizner...
Cleveland Court Tosses 30,000 Asbestos Injury Claims After Ruling
Oct 23 2008 // Courts have tossed about 30,000 asbestos injury claims to comply with an Ohio Supreme Court ruling that upheld limits on such cases, but people whose lungs begin showing evidence of damage could refile their cases, a judge...
BRP, QBE Offer Packaged Liability Policy for Small, Mid-Sized Firms
Oct 23 2008 // Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining....
North Dakota Workers’ Comp Law Deemed ‘Conservative’ on Claims
Oct 22 2008 // North Dakota’s workers’ compensation law is relatively tightfisted in paying claims from workers whose job injuries can be blamed on previous hurts and natural body aging, a consultant says. The state’s...
Lloyd’s Estimates Gustav/Ike Net Claims at Around $2.34 Billion
Oct 21 2008 // Lloyd’s has announced that its provisional loss estimates for Hurricanes Gustav and Ike will be approximately £1.3 billion ($2.34 billion). The estimate covers both on and offshore claims from both storms, and...
TWIA Claims From Ike May be Less Than Expected
Oct 20 2008 // Two weeks after Hurricane Ike hit Galveston, Texas, on Sept. 13, the Texas Windstorm Insurance Association — the state’s insurer of last resort for wind coverage along the coast — was fielding many thousands of...
Nice Nails
Oct 20 2008 // Small Claims and Economic Resilience Make Insuring Nail Salons Attractive Many lines of commercial insurance are facing a soft market, and despite the insurance market’s and nation’s economic woes, insurance...
179 Minnesota Bridge Victims File Claims
Oct 17 2008 // A state compensation fund has received 179 claims from victims of the Minneapolis bridge collapse. Attorney Susan Holden says that’s the number of claims that came in by the deadline on Wednesday. She says other...
Ohio Supreme Court Upholds Landmark Asbestos Reform Law
Oct 16 2008 // An Ohio Supreme Court ruling upholds the nation’s first asbestos litigation reform legislation, thereby helping truly sick victims of asbestos exposure get compensated quickly and fairly for their injuries, according...
Excess/Surplus Lines Claims Group Names Officers
Oct 16 2008 // The Excess/Surplus Lines Claims Association (ESLCA) has announced its new slate of officers and directors. Newly elected officers are: — President – Sandra Van Enk, Vice President, The Toa Reinsurance Co. of...
Louisiana Producer Charged With Submitting Falsified Claims
Oct 16 2008 // An Alexandria, La., licensed insurance producer has been issued a cease and desist order and summary suspension for allegedly submitting falsified claims, the Louisiana Department of Insurance reported. Stacy Buie...
Public School Officials Can Be Liable for Not Responding to Harassment Claims
Oct 15 2008 // A California school district could be liable for damages for an inadequate response to peer sexual orientation harassment suffered by students on campus, the California Court of Appeal has ruled. According to Megan Donovan...
AIG Commercial Insurance Unit Financially Fit and Fighting Back
Oct 14 2008 // The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the...
