Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
New Hampshire Might Double Small Claims Court Limits
Mar 5 2009 // New Hampshire’s House is considering doubling small claims court limits to $10,000. The bill would require mediation in cases where claims exceed $5,000. Supporters said raising the damages limit will allow people...
Locke Joins TWFG as VP of Claims
Mar 5 2009 // The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency headquartered in The Woodlands, Texas, has added Charles Locke as its new vice president of claims. Locke brings more than 35 years of...
Economic Crisis Fuels UK Corporate Fraud, Corruption Warns Marsh/Kroll
Mar 4 2009 // Marsh, and its MMC risk consulting affiliate Kroll, have warned that UK firms are exposed to heightened fraud and corruption risks this year as a result of the global recession. “In addition, many insurance policies...
Mass. Man Faces Insurance Fraud Charges Over Broken Tooth Claims
Mar 4 2009 // A Massachusetts man has been arraigned in Suffolk Superior Court in connection with allegedly submitting false dental injury reports to insurance companies in order to receive cash settlements. Tod Schaffer, 42, is charged...
Willis Analyzes Mining Industry ‘Insurance Crunch’
Mar 3 2009 // A new report from Willis’ London office concludes that the “global mining industry is caught in a ‘classic insurance market crunch’ as mining companies, faced with declining commodity prices and...
Marsh Appoints O’Keefe Global Energy Claims Leader
Mar 3 2009 // Marsh’s London office reports that the insurance broker and risk adviser has appointed Paul O’Keefe as Global Claims Leader for its Global Energy Practice. In the newly created role he will co-ordinate all...
Audit Hits Minnesota Workers’ Compensation Claims Handling
Feb 27 2009 // An audit of Minnesota’s worker’s compensation system has found that insurers are mishandling a growing number of claims, including by paying injured workers less than they deserve. The report from the...
One Quarter of Oklahoma Bridges Structurally Deficient
Feb 24 2009 // In 2004, a football-sized piece of concrete fell from a bridge and crashed through Yvonna Osborn’s windshield while she was driving home on Interstate 35 in Oklahoma. The 52-year-old Irving, Texas, mother of two died...
American Claims Management Announces Its Updated Brand & Website
Feb 23 2009 // San Diego, CA, 02/23/09 – American Claims Management, Inc. (ACM) is pleased to announce it has updated its company brand as of February 23, 2009. The national third party claims administrator’s objective is to...
The Hartford Sues Virginia Firm to Limit Salmonella Claims
Feb 22 2009 // The Hartford has filed a lawsuit to determine whether it must pay claims filed by victims of a nationwide salmonella outbreak traced to the Virginia peanut butter maker it insures. Hartford, Conn.-based Hartford Casualty...
Swiss Re Claims Executive Huff Named Missouri Commissioner
Feb 22 2009 // Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the...
Insureds Must Know What’s In Their Flood Policies
Feb 22 2009 // In this litigious day and age, lawsuits alleging breach of the insurance policies, bad faith, unfair claims handling, unfair settlement practices or negligence by an insurance agent are so common that they are not...
People
Feb 22 2009 // American International Group (AIG) named Peter Eastwood president and CEO of Lexington Insurance Co., a unit of AIG Commercial Insurance. Eastwood assumes management responsibility for Lexington from Kevin H. Kelley, who...
Markel Appoints Nilsson Claims Manager for Sweden
Feb 13 2009 // Markel International Limited, the specialty property and casualty insurer, has appointed Tomas Nilsson as claims manager for Markel International Sweden. He will be based in Markel’s Stockholm office. Ove Staaf,...
Swiss Re Claims Exec Huff Named Missouri Insurance Commissioner
Feb 9 2009 // Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the...
The Hartford Sues Virginia Firm to Limit Salmonella Claims
Feb 9 2009 // The Hartford has filed a lawsuit to determine whether it must pay claims filed by victims of a nationwide salmonella outbreak traced to the Virginia peanut butter maker it insures. Hartford, Conn.-based Hartford Casualty...
Study Unveils Target Areas for Flood Policy Sales
Feb 8 2009 // But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include...
How to Avoid Agency Errors and Omissions Claims
Feb 8 2009 // Advising Clients on Specific Dollar Values of Coverages They Need to Consider May Create Unnecessary Exposures There have been an increasing number of lawsuits brought against agents in situations where the...
Maryland Suit Claims Restaurant Drink was Cleaning Chemical
Feb 6 2009 // A Baltimore woman says when she ordered an iced tea at a local McDonald’s restaurant last year, employees gave her a cup containing a cleaning chemical. Caryl Jones has filed a $100,000 lawsuit in Baltimore City...
Insurance in Times of Financial Crisis
Jan 28 2009 // The current financial crisis affects almost every aspect of our business life. That includes insurance. Businesses need to be wise consumers and aware of the legal issues covered by their coverages. Let’s take a look...
