Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
Global Crisis Claims Japan Life Insurer, Markets Panic
Oct 10 2008 // The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks, as Tokyo shares suffered their biggest rout since a 1987 crash. Government ministers...
Study Shows Unintended Consequence of 1st-Party Bad Faith Liabiity
Oct 9 2008 // Bad faith remedies designed to protect insurance consumers from unfair claim settlement practices can potentially harm consumers, warns a new report published by the National Association of Mutual Insurance Companies...
Ike Claims for Texas Windstorm Pool May be Less Than Expected
Oct 9 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 thousands of claims per...
Mississippi Insurance Agent Claims Sentence too Harsh
Oct 7 2008 // A federal appeals court in Mississippi rejected Ecru insurance agent Ken Nowlin’s claim that his 30-month sentence for his role in a kickback scheme was too harsh. Nowlin was sentenced in February. He pleaded guilty...
In Texas, ‘Trigger’ May Be Trickier Than it Seems
Oct 6 2008 // Trigger — what determines which policy applies. Most liability policies require property damage caused by an occurrence and require that the property damage occur during the policy period. The question, in Texas and...
Geeslin: It May be 90 Days Before Ike’s True Cost is Known
Oct 6 2008 // Texas’ top insurance regulator told lawmakers on Sept. 24 that the industry estimates there will be around 300,000 property claims — including commercial property claims — stemming from Hurricane Ike, which...
For Agents, Their Carriers’ Claims Service is Top Performance Measure
Oct 6 2008 // Independent insurance agents want their property/casualty insurance carriers to provide quality claims service above all else, according to an exclusive survey of agents’ attitudes about the insurers their agencies...
Massachusetts Crackdown on Insurance Fraud Sets Milestones
Oct 3 2008 // Five years after the creation of Massachusetts’ first local anti-insurance fraud team, the state’s Insurance Fraud Bureau says the combined local task forces have charged over 1,000 people with insurance...
