Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Defense Base Act: Business Outside the Box
May 19 2008 // As the need for and presence of U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded projects. The opportunity to...
Florida Insureds of Bankrupt Poe Seek Filing Deadline Extension
May 19 2008 // Property owners in Florida who had policies with the now-bankrupt Poe Financial Group did not receive sufficient notice of a June deadline to dispute claims in court, lawyers argued April 30 after filing a class-action...
Defense Base Act: Doing Business Outside the Box
May 19 2008 // Dealing with wartime issues and associated complications is a major factor in doing business in far-flung hotspots. As the need for and presence of U.S. government foreign-based support personnel increases, so does the...
Injury Hotspots From Coast to Coast
May 19 2008 // Workplaces are getting safer each year; but that doesn’t mean the cost of workers’ comp coverage will decline Ongoing efforts to curb workplace injuries have made substantial progress in most parts of the...
Congressional Report Finds Civilians Working in War Zones Encounter Claims Hurdles
May 19 2008 // Civilians deployed to war zones often encounter problems receiving medical treatment and are hesitant to seek help for emotional stress caused by their deployment, a new U.S. congressional report finds. Federal policies on...
Claims Pile up from Texas Storms
May 16 2008 // Back-to-back storm systems surprised Central Texas overnight on May 14-15 with intense winds and heavy hail damage in localized areas that has insurance agents and companies responding to thousand of property damage...
Liability Costs for Long Term Care Industry Stabilize, Aon Reports
May 13 2008 // An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general...
Widower, Industry Seek Change in Mass. Life Insurance Claims Law
May 13 2008 // When Jenny and John Crowley learned they were having a baby, they did the responsible thing: they bought life insurance. Barely in their 30s, they passed the insurance company’s physicals, applied for a $500,000...
$400 Billion Apartheid Damage Claims Against 50 Firms to Proceed
May 12 2008 // The U.S. Supreme Court Monday affirmed a ruling that apartheid victims who seek damages exceeding $400 billion from more than 50 major corporations can go forward with their lawsuits. With four justices recused from the...
Valiant Names Bossart Chief Claims Officer
May 8 2008 // New York-based Valiant Insurance Group Inc. has named Jeffrey H. Bossart senior vice president and chief claims officer. Bossart most recently served as regional head of claims for property and specialty lines of business...
Congress: Civilians Working in War Zones Face Claims Hurdles
May 6 2008 // Civilians deployed to war zones often encounter problems receiving medical treatment and are hesitant to seek help for emotional stress caused by their deployment, a new U.S. congressional report finds. Federal policies on...
Survey: Majority of October’s California Wildfire Claims Settled
May 5 2008 // A new survey of insurance companies estimated that nearly 90 percent of claims stemming from the devastating October 2007 fire and wind storms in California have been settled. A poll by the Insurance Information Network of...
People
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...
What MGAs Should Know About Carriers’ Due Diligence for Programs
May 5 2008 // Proper due diligence lays the foundation for a mutually beneficial, long-term business relationship Smart program administrators know that aligning themselves with financially-strong insurance carriers can help attract...
Unum Group Reverses 42% of Reviewed Disability Claims
May 2 2008 // In a forced self-review, the Chattanooga, Tenn.-based Unum Group agreed to fully or partly reverse 42 percent of previously denied disability claims and paid out $676 million in additional benefits. The Tennessee...
Class-action Suit Filed in Florida against Insurance Deadline
May 2 2008 // Property owners in Florida who had policies with the now-bankrupt Poe Financial Group did not receive sufficient notice of a June deadline to dispute claims in court, lawyers argued April 30 after filing a class-action...
Ark. Regulators: MLK Director Made Misrepresentations in Auto Claims
May 1 2008 // The new director of Arkansas’ Martin Luther King Commission made misrepresentations in insurance claims for traffic accidents tied to an insurance fraud ring, according to a circuit court case filed by the Arkansas...
Industrial Accident in Tennessee Claims Life at Construction Site
Apr 29 2008 // Tennessee officials say a construction worker fell to his death at an Embassy Suites construction site in Murfreesboro. Rutherford County Emergency Medical Services spokesman Randy White says the incident happened around...
Survey: Majority of October’s California Wildfire Claims Settled
Apr 23 2008 // A new survey of insurance companies estimates that nearly 90 percent of claims stemming from the devastating October 2007 fire and wind storms in California have been settled. A poll by the Insurance Information Network of...
Florida Sues Insolvent Poe Directors Over Recovery
Apr 21 2008 // The Florida Department of Financial Services filed a civil lawsuit against the officers, directors and affiliates of three former Florida insurance companies, according to Chief Financial Officer Alex Sink. Lawyers for...
