Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Some Ohio Officials Say Too Soon to Measure Impact of Tort Reform Efforts
Jan 28 2008 // Some Ohio state officials aren’t quite ready to say that legislative efforts to cap award amounts and other tort reform efforts are having an impact on dropping claims numbers. The state insurance director said last...
La.’s Valued Policy Law: New Teeth for Hurricane Claims?
Jan 27 2008 // Property damage from hurricanes primarily comes from two sources: wind and water. Insurance coverage for property damaged by wind, and by rain water which enters the property as a result of wind damage, is generally...
Consumer Group Claims Insurers Overcharge, Underpay Policyholders
Jan 27 2008 // Insurers defend recent years’ profits, deny allegations and call national consumer group’s report ‘fatally flawed’ A national consumer organization has charged that property casualty insurers are...
Southern California Wildfire Losses Could Top $2 Billion
Jan 27 2008 // The California Department of Insurance announced that 37,117 claims have been filed since the wildfires broke out in Southern California in October 2007, and 1,531 of those claims are known to be total losses. Insurers...
ISO: Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims
Jan 27 2008 // U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the...
Mississippi Official Says Criminal Probe of State Farm has New Focus
Jan 25 2008 // Mississippi Attorney General Jim Hood says his office opened a new criminal investigation of State Farm Insurance Cos. that is separate from its earlier probe of the insurer’s “crimes against...
Lawsuit Claims Ala.-Based Insurance Co. Discriminated Against Haitians
Jan 25 2008 // Three Florida residents have sued Alabama-based Liberty National Life Insurance Co. claiming their insurance was canceled or undervalued because of discrimination against Haitian-Americans. The new class-action lawsuit was...
Willis Marine Protection & Indemnity Review Finds Increased Claims
Jan 24 2008 // Willis Group Holdings has released its Marine Protection & Indemnity (P&I) Market Review for 2007/2008. Willis said the “annual report provides a succinct overview of the P&I marketplace and explores...
Willis Marine Protection & Indemnity Review Finds Increased Claims
Jan 24 2008 // Willis Group Holdings has released its Marine Protection & Indemnity (P&I) Market Review for 2007/2008. Willis noted that the “annual report provides a succinct overview of the P&I marketplace and...
Ohio Med Mal Reports Says Drop in Claims Attributed to Reform Efforts
Jan 24 2008 // A new report released this week by the Ohio Department of Insurance says the number of medical malpractice claims in the state dropped 20 percent from 2005 to 2006. The report says there were 4,006 medical malpractice...
ISO: Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims
Jan 14 2008 // U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same...
N.D. House Majority Leader Says Panel Will Review Workers’ Comp Agency
Jan 14 2008 // North Dakota’s House Republican leader says a legislative committee will look into the operation of the state’s workers compensation agency, which he says has suffered from a lack of public trust. The House...
Zero Consumer Complaints From Hurricane Humberto Claims
Jan 13 2008 // No consumer complaints have been received by the Texas Department of Insurance (TDI) in response to the insurance industry’s handling of the estimated 5,000 auto, homeowner and commercial claims that resulted from...
Oregon Liability Cap for Public Employees Ruled Unconstitutional
Jan 13 2008 // The Oregon Supreme Court has ruled that parts of the Oregon Torts Claims Act that limits liability claims against governments violates the Remedy Clause of the Oregon Constitution, creating the potential for liability...
People
Jan 13 2008 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, appointed John Nilson senior vice president, western region for ACE Risk Management. Nilson will be based in Los Angeles and oversee ARM...
Industry, Residents Assessing West’s Winter Storm Damage
Jan 13 2008 // While it’s too soon to tally insured loss estimates from early winter storms that struck the West in January, residents who fled their homes due to flooding are facing damages, all while the National Weather Service...
Idaho Insurance Department Upset at Toyota, Claims Ads Promote Fraud
Jan 13 2008 // The Idaho Department of Insurance (DOI) has joined forces with the Coalition Against Insurance Fraud, a Washington group that includes insurers, law enforcement officials and consumer groups, in expressing concern over...
Southern California Wildfire Losses Could Reach More than $2 Billion
Jan 11 2008 // The California Department of Insurance announced that since the wildfires broke out in Southern California in October 2007, 37,117 claims have been filed, and 1,531 of those claims are known to be total losses, with an...
Katrina Victims Hit Corps of Engineers with Nearly 500K Claims
Jan 10 2008 // Hurricane Katrina’s victims have put a price tag on their suffering and it is staggering – including one plaintiff seeking the unlikely sum of $3 quadrillion. Insurance companies are among the claimants. The...
Nevada Allows Nonresident Adjusters to Assist with Storm Claims
Jan 9 2008 // Due to the damages caused by the rain, heavy snow and high winds in the projected series of storms in northern Nevada last weekend, Commissioner of Insurance Alice A. Molasky-Arman has given temporary approval for...
