Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
N.Y. Hospital, Upset Over Claims Denials, Accuses HMO of Racketeering
Apr 20 2007 // A hospital network tired of having its bills challenged by HMOs has decided to play rough. Its members are suing two of the region’s largest health insurers, claiming each tried to weasel out of paying for millions...
Nationwide Agrees to Readjust 500 Miss. Katrina Claims
Apr 20 2007 // Nationwide Mutual Insurance Co. will readjust claims for about 500 Mississippi policyholders whose homes were reduced to foundations by Hurricane Katrina, state Insurance Commissioner George Dale said. The so-called...
Judge Vows He’s Still Open to Mass Settlement of State Farm Katrina Claims in Miss.
Apr 18 2007 // A federal judge said this week that his “door is open” to a mass settlement of disputed insurance claims in Mississippi after Hurricane Katrina, but he won’t endorse a proposed class-action settlement of...
R.I.’s Gencorp Taps Madden for Wholesale Unit; O’Connor for Claims
Apr 16 2007 // Gencorp Insurance Group, with headquarters in East Greenwich, R.I., has announced the promotion of two of its insurance professionals. Jay E. Madden has been named president of Gencorp’s Wholesale Division. Madden...
State Farm Begins Reevaluation of Mississippi Katrina Claims
Apr 13 2007 // State Farm Insurance Co. announced the details of how Mississippi policyholders can have their Katrina wind damage claims reevaluated under the agreement it reached last month with Mississippi Insurance Commissioner George...
95% of Claims from 2006 Ind. Hail Storm Closed, Industry Group Says
Apr 13 2007 // Industry trade group the Insurance Institute of Indiana reported that more than 95 percent of claims from the April 14, 2006, hail storm have been resolved, and complaints have been filed in less than one out of every 200...
Farmers Names Daues Sr. VP-Property Claims
Apr 13 2007 // Jim Daues has been appointed senior vice president–Property Claims in the home office of the Farmers Insurance Group of Companies. Daues joined Farmers in Sept. 4, 2000 as executive director–State Operations,...
On shaky ground?
Apr 9 2007 // Two decades since its formation, the West’s only regional catastrophe pool, the California Earthquake Authority, faces financial and management changes that could have significant implications for its future. Those...
Insurers fight impression their big profits are at claimants’ expense
Apr 9 2007 // The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65 percent. St. Paul Travelers’ earnings rose sixfold in the fourth quarter,...
Consumer groups say market forces, not claims, caused most recent medical malpractice crisis
Apr 9 2007 // A consumer coalition released a report that disputes insurers’ contention that the most recent medical malpractice insurance crisis for doctors was caused by rising costs. The study, Stable Losses/Unstable Rates...
Majority of medical malpractice claims close without payment
Apr 9 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
Fla. considers claims law glitch, storm tax break
Apr 9 2007 // Flashlights, radios, tarps and other hurricane supplies would be tax free for 12 days at the beginning of hurricane season, under a measure the Florida House has under consideration. Floridians received a similar tax break...
Holocaust insurance claims top $300 million
Apr 9 2007 // The International Commission on Holocaust Era Insurance Claims concluded its claims processes. More than $300 million in awards were distributed to more than 48,000 Holocaust survivors and their heirs. The ICHEIC was...
Majority of medical malpractice claims close without payment
Apr 9 2007 // The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS)...
Consumer groups say market forces, not claims, caused most recent medical malpractice crisis
Apr 9 2007 // A consumer coalition released a report that disputes insurers’ contention that the most recent medical malpractice insurance crisis for doctors was caused by rising costs. The study, Stable Losses/Unstable Rates...
Most Ill. medical malpractice cases settle before trial, Justice Department report says
Apr 9 2007 // From 2000-2004, few medical malpractice insurance claims in Illinois and six other states closed with a payout to the person seeking compensation, with most settling before a trial, according to a Justice Depart-ment...
Top 10 myths of D&O liability insurance
Apr 9 2007 // In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O...
Fla. considers claims law glitch, storm tax break
Apr 9 2007 // Flashlights, radios, tarps and other hurricane supplies would be tax free for 12 days at the beginning of hurricane season, under a measure the Florida House has under consideration. Floridians received a similar tax break...
Holocaust insurance claims top $300 million
Apr 9 2007 // The International Commission on Holocaust Era Insurance Claims concluded its claims processes. More than $300 million in awards were distributed to more than 48,000 Holocaust survivors and their heirs. The ICHEIC was...
Top 10 myths of D&O liability insurance
Apr 9 2007 // In today’s soft directors and officers market, the importance of a long term approach can often be lost in the process of securing coverage. However, history has proven in the past 15-plus years that the D&O...
