Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Most Evacuees Returning Home, Industry Surveys Damage
Oct 26 2007 // Many evacuees from the Southern California wildfires are being allowed to return to their homes, even while nine fires remain burning. According to the National Interagency Coordination Center, 416,511 acres have burned...
ACE Insurance Pays $4.5 Million to Settle Multi-state Bid-rigging Claims
Oct 26 2007 // ACE Group Holdings has agreed to pay $4.5 million to end a bid-rigging and price-fixing case, according to state officials. The monies will be divided among eight states and the District of Columbia. Florida’s Chief...
U.S. Attorney Seeks Computer Hard Drive in Mississippi Katrina Probe
Oct 26 2007 // An engineering firm that helped adjust insurance claims on the Gulf Coast after Hurricane Katrina is seeking to block an employee’s computer hard drive from being turned over to a federal grand jury in...
Telephone Numbers for Southern California Insurance Claims
Oct 23 2007 // The Insurance Information Network of California is collecting and updating contact and claims information from insurance carriers for the wildfire and will be updating them on its Website at www.iinc.org throughout this...
Insurers Say Calif. Wildfire Claims May Reach $500 Million
Oct 23 2007 // Exclusive Video California Wildfires: Insurance Industry Assesses Impact California Wildfires: Insurers On Site at Evacuation Centers The insurance industry is estimating that the damage from the wildfires in southern...
Marsh Establishes Middle East Forensic Accounting, Claims Practice
Oct 19 2007 // Marsh announced from Dubai that it has established a Forensic Accounting and Claims Services (FACS) Practice for the Middle East and North Africa, which will be based in the city on the Persian Gulf. Ian Peters, formerly a...
Fla. Insurer Activates Mobile Claims Center in Pensacola
Oct 19 2007 // Citizens Property Insurance Corp. opened a mobile claims center in Pensacola today to help policyholders with property damaged by tornadoes that ripped through the area, a Citizens official said. “We opened the...
Lloyd’s: Electronic Claims Processing Advances; Too Slow Says Langley
Oct 17 2007 // The Market Reform Group (MRG), which directs the efforts of Lloyd’s and the London insurance market to move from paper to electronic processing, has issued its latest bulletin. It focuses on the committee’s...
Mich. House Passes ‘Opt Out’ Option for State’s Helmet Law
Oct 12 2007 // The Michigan State House passed legislation on Thursday, Oct. 11th that would enable motorcyclists to ride without their helmets on Michigan roads. The newest proposal includes an “opt-out” solution. Michigan...
Property/Casualty Insurers to Pay $1.13 Billion in 3Q Cat Claims
Oct 11 2007 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $1.125 billion for third-quarter property losses resulting from a total of six catastrophes in 11 states, according to preliminary...
Ind. Benicorp in Liquidation; Guaranty Funds to Handle Leftover Claims
Oct 10 2007 // Indiana-based Benicorp Insurance Co. will liquidate under an order filed late last week by a circuit judge. The company’s remaining assets will be sold to generate money, and guaranty associations in several states...
LMA Head Stresses Need for Industry Talent
Oct 9 2007 // “We must raise the general level of awareness about the insurance industry, and bring in the best quality people we can find,” said David Gittings Chief Executive of Lloyd’s Market Association (LMA) in a...
Case Watch
Oct 8 2007 // Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance.An insured accepted a commercial general liability...
Case Watch
Oct 8 2007 // Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance. An insured accepted a commercial general liability...
People
Oct 8 2007 // Louisiana Workers’ Compensation Corporation (LWCC) promoted Jamie Bourg to claims manager for the company’s large accounts team. Bourg will manage and direct the claims department, including claims handling and...
People
Oct 8 2007 // James M. McGlennon was appointed vice president and chief information officer for Liberty Mutual Agency Markets, a strategic business unit of Liberty Mutual Group. McGlennon is responsible for the information technology...
Lloyd’s CEO Wants Faster, Better Claims Handling; CII Responds
Oct 5 2007 // Lloyd’s CEO Richard Ward is a man in a hurry. He wants fundamental changes in the way Lloyd’s does business and he’s not prepared to wait. In a speech sponsored by the Insurance Institute of London...
N.Y. Proposes ‘Rainy Day’ Catastrophe Insurance Fund With Eventual Tax Break
Oct 5 2007 // Insurance companies providing homeowners, business and other property insurance in New York State would be required to create a catastrophe reserve fund to help pay claims caused by hurricanes and other natural disasters...
Harleysville Names KillGore Regional VP of Midwest Claims Office
Oct 5 2007 // Harleysville, Penn.-based Harleysville Insurance Co. recently named Kathleen Killgore regional vice president of its Midwest claims service center located in Edina, Minn. In her new position Killgore will be responsible...
Texas Renews 13 Companies to Self-Insure for Workers’ Comp Claims
Oct 3 2007 // Thirteen companies with approximately 49,800 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance Division of Workers’...
