Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
U.S. Supreme Court Upholds 180-Day Period for Pay Bias Claims
May 30 2007 // The U.S. Supreme Court has handed employers a victory against pay discrimination suits by limiting how far back in time employees can go to prove their bias claims. In Ledbetter v. Goodyear Tire & Rubber Co., the high...
Study Highlights Industry’s Potential Climate Change Liabilities
May 29 2007 // Liabilities follow the insurance industry as the night follows the day. So, it’s not terribly surprising to learn that a new study – “Limiting Liability in the Greenhouse: Insurance Risk-management...
SCOR Balks at World Trade Center Claims Settlement
May 24 2007 // Reinsurer SCOR has asked that the recent $2 billion settlement of World Trade Center claims between Silverstein Properties and several insurers be sent to arbitration because it believes that the terms with one of the...
Let Ground Zero Rebuilding Begin: Spitzer Brokers Settlement with 7 Insurers
May 23 2007 // New York Governor Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding...
Insurers Ask Colo. to Veto UIM Coverage
May 22 2007 // The National Association of Mutual Insurance Companies is urging Colorado Gov. Bill Ritter to veto Senate Bill 256, legislation concerning uninsured and underinsured motorists. In a letter to the governor, NAMIC warned...
Fla. Finance Office Forms Task Force on Citizens’ Claims Handling and Resolution
May 22 2007 // In an ongoing effort to improve Citizens’ policyholder and applicant services, Florida Chief Financial Officer Alex Sink announced appointees to the legislatively-created Task Force on Citizens Property Insurance...
Tough products don’t need to be an underwriting challenge
May 21 2007 // Skis, ladders, pacemakers and nutra-ceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan and David Rosenburg,...
News Currents
May 21 2007 // State Farm to reopen 350 hurricane claims in Louisiana Holly Beach, La., October 3, 2005 – Nothing is left of the community of Holly Beach, once home to 300 residents and a favorite destination for thousands of...
Claims against insurance agents and brokers: Timing is everything
May 21 2007 // Flood policies at heart of many cases against Gulf Coast producers In the aftermath of Hurricanes Katrina and Rita, many insurance agents and brokers in Louisiana and Mississippi and, to some extent, in Texas have found...
Claims against insurance agents and brokers: Timing is everything
May 21 2007 // In the aftermath of Hurricanes Katrina and Rita, many insurance agents and brokers in Louisiana and Mississippi and, to some extent, in Texas have found themselves being sued for allegedly failing to advise their customers...
People
May 21 2007 // Liberty Northwest, a member of Liberty Mutual Group based in Portland, Ore., appointed Larry W. Becker president and chief operating officer. Becker most recently was executive vice president, sales and marketing for...
Tough products don’t need to be an underwriting challenge
May 21 2007 // To view the “How to Write Insuring Tough Products Liability Accounts” seminar or any of the seminars in the “How to Write” Series, visit: www.insurancejournal.com/seminars for a link to free...
People
May 21 2007 // McQueary Henry Bowles Troy named Senior Vice President Brad Van Stavern to lead the new property/casualty practice in its Austin office. Van Stavern brings experience in the health care industry, where he held positions...
U.S. Grand Jury Subpoenas Allstate, Nationwide over Katrina Claims
May 21 2007 // Allstate Corp. and Nationwide Mutual Insurance Co. have been subpoenaed by a federal grand jury investigating the insurance industry’s handling of Hurricane Katrina claims in Mississippi, the companies...
State Farm Claims at $12 Million After Deadly Kansas Tornado
May 21 2007 // State Farm Insurance Co. has paid out about $12 million in claims with more still coming in after a Kansas tornado that destroyed a town two weeks ago and killed at least a dozen people, the company said. Home and auto...
UnitedHealthcare Pays $650,000 Fine Imposed by Neb. Department
May 18 2007 // The Nebraska Department of Insurance and UnitedHealthcare have settled complaints about the company’s past claims process, with the company agreeing to pay the largest fine ever imposed by the department,...
Nev. Food Service Workers Boost Jobsless Insurance Claims
May 17 2007 // A new report shows a big jump in jobless insurance claims by Nevada food service workers following voter approval in November of a higher minimum wage and a smoking ban in bars and restaurants and other locations. Terry...
La. Court Bars Pollution Exclusion to Deny Coverage in Bodily Injury Case
May 16 2007 // A Louisiana state judge has ruled that an insurance company cannot use the so-called “absolute pollution exclusion” to deny its corporate policyholder coverage for claims alleging that bodily injury was caused...
Lawsuit Claims Paralysis Caused by Denial of Claim
May 15 2007 // A 39-year-old Washington woman paralyzed from injuries caused in a car crash sued her insurer for denying coverage for surgery doctors agree could have prevented her paralysis. Tara Sadler, a Yakima, Wash., resident and...
Industry Not Getting Out Truth About Katrina Claims, Soto Maintains
May 14 2007 // While the public perception is that the industry failed consumers in the handling of Hurricane Katrina claims, the reality is quite different, according to the leader of the nation’s largest insurance agents’...
