Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Weatherson Named Claims Processing Center Manager for Calif. SCIF
Jul 10 2007 // Michelle Weatherson has been promoted to program manager for California’s State Compensation Insurance Fund’s Claims Processing Center. Weatherson was hired as a sales representative for the...
Travelers Settles ACandS Asbestos Claims for $365 Million Net
Jul 6 2007 // The Travelers Companies, Inc. said it has settled all current and future asbestos-related coverage claims relating to ACandS, Inc. Under the settlement agreement, Travelers will contribute $449 million to a trust to be...
Engle Martin & Associates’ Texas Offices Relocating
Jul 6 2007 // Engle Martin & Associates Inc., a national claims service provider, is moving its Dallas and Houston, Texas, offices, the company announced The Dallas office is moving to 17304 Preston Road, Suite 740, Dallas, Texas...
Oregon Fines Nine AIG Companies $5 Million
Jul 6 2007 // The Oregon Department of Consumer and Business Services (DCBS) has imposed a $5 million fine on nine insurers in the American International Group (AIG) for numerous violations of Oregon insurance and workers’...
Lawsuit claims insurer denied firefighter’s benefits, caused death
Jul 2 2007 // The family of a Puyallup, Wash., firefighter has filed a lawsuit claiming the city of Puyallup and its insurer illegally denied health benefits after the worker contracted a disease on the job that eventually led to his...
Coverage interpretation and claims litigation at odds
Jul 2 2007 // But overall, construction market looks ‘optimistic,’ Willis exec says Today’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage...
Contracts count when dealing with subcontractors
Jul 2 2007 // Language, legislative knowledge, and right insurance partner keys to wrapping up volatile market One of the many challenges general contractors — both commercial and residential — have faced over the past five...
Contracts count when dealing with subcontractors
Jul 2 2007 // One of the many challenges general contractors — both commercial and residential — have faced over the past five years involves subcontractor insurance. The subcontractor marketplace has always been volatile....
Coverage interpretation and claims litigation at odds
Jul 2 2007 // Today’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage interpretation for losses involving general liability and property damage claims, says Paul...
Nationwide Adds $25 Million to Miss. Slab Claim Reevaluations
Jun 28 2007 // The Nationwide Insurance Companies, who agreed to voluntarily reevaluate Hurricane Katrina slab cases in April, have paid an additional $25 million in claims payments since the reevaluation process began, according to...
Allstate Agrees to Mass Settlement of Mississippi Katrina Claims
Jun 28 2007 // Allstate Insurance Co. has agreed to a mass settlement of claims by a group of Mississippi policyholders who sued the insurer over damage to their homes from Hurricane Katrina, a company spokesman and a lawyer for the...
Sims Named Claims Manager for Calif. State Fund
Jun 22 2007 // Karen Sims has been promoted to claims manager for the California State Compensation Insurance Fund’s Fresno Claims Processing Center. Sims was hired as an office assistant in the organization’s Fresno District...
Lawsuit Claims Insurer, Puyallup Denied Firefighter’s Benefits, Caused Death
Jun 22 2007 // The family of a Puyallup, Wash., firefighter has filed a lawsuit claiming the city of Puyallup and its insurer illegally denied health benefits after the worker contracted a disease on the job that ultimately led to his...
Guy Carpenter Set to go Electronic on All Lloyd’s Claims
Jun 21 2007 // Guy Carpenter & Company, Marsh & McLennan’s risk and reinsurance specialist, announced plans to mandate the use of Electronic Claims File (ECF) for in-scope claims for all Lloyd’s markets from January...
Calif. Reports Most Agricultural Freeze Claims Settled
Jun 21 2007 // California Insurance Commissioner Steve Poizner says most of the farmers affected by the January 2007 freeze have had their crop insurance claims settled, following his meeting with Fresno-area agricultural leaders...
Supreme Court to Hear Sprint Age Bias Case That Could Limit Claims
Jun 19 2007 // The Supreme Court has agreed to hear Sprint Nextel Corp.’s appeal of an employment case that could make it harder for workers to prove discrimination allegations. The case centers on whether allegations by workers...
Commission Files Final Report on Holocaust Insurance Claims
Jun 19 2007 // The National Association of Insurance Commissioners has released a report on the activities of the International Commission on Holocaust Era Insurance Claims (ICHEIC). Authored by ICHEIC Chairman Lawrence S. Eagleburger...
Sen. Alexander takes up nuclear workers’ cause
Jun 18 2007 // U.S. Sen. Lamar Alexander, R-Tenn., is pressing the Bush administration to fully fund a compensation program for sick nuclear weapons workers and calling for Senate hearings on why claims have been delayed. “It has...
Improving experience modifiers lowers workers’ comp premiums
Jun 18 2007 // Experience rating is the interaction of claims management and insurance pricing. An organization that controls its losses also controls its experience modifier and ultimately is responsible for higher or lower...
What IF there had been no Lost Time Claims?
Jun 18 2007 // Example #2 Premium Mod. Adj. Prem. Example #1 $40,790 1.275 $52,007 Example #2 $40,790 .80 $32,632
