Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
Study claims U.S. ‘tort tax’ amounts to $865 billion cost each year
Apr 9 2007 // News Currents America’s legal system imposes an economic cost of more than $865 billion, or more than $9,800 per family, every year, according to a new study released by the Pacific Research Institute (PRI), a...
Study: Time is Right for Insurers to Improve Mobile Strategies
Apr 4 2007 // New research from research and advisory services firm TowerGroup finds the time is right for U.S. property and casualty claims insurers to aggressively exploit the business benefits of an enterprise mobility...
Citizens Claims Handlers Task Force Adds Jacksonville Expert
Apr 2 2007 // Florida Chief Financial Officer Alex Sink appointed Mike Lancashire to the Task Force on Citizens Property Insurance Claims Handling and Resolution. Lancashire is the vice president of claims for The Main Street America...
Ark. Man Claims He Was Fired For Not Attending Church
Apr 2 2007 // A Benton County, Ark., man has sued his former employer, claiming that he was fired for not attending a specific church as ordered by his boss. Clifford D. Randel filed the lawsuit in Benton County Circuit Court against...
Former Snoqualmie Inn Employee Charged in 2005 Fire
Apr 2 2007 // A fire at a bed-and-breakfast that had been in financial disarray has been blamed on a former events coordinator at the inn. James Oliver Burrows, 59, of Fall City, Wash., is charged with first-degree arson and filing a...
Fla. Considers Storm Supply Tax Break, New Claims Law Glitch
Mar 30 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...
Consumer Groups Say Market Forces, Not Claims, Caused Med Mal Crisis
Mar 29 2007 // A consumer coalition has released a new study that disputes insurers’ contention that the most recent medical malpractice insurance crisis for doctors was caused by rising costs. The study, Stable Losses/Unstable...
Let Private Markets Handle Most Disasters, Insurers Advise Congress
Mar 28 2007 // The best way for the federal government to help property owners recover from a natural disaster is to let private insurers do what they know, except in the case of a megadisaster, when federal aid would be needed. That was...
Insurers Reject Critics Who Say Big Profits Are at Claimants’ Expense
Mar 28 2007 // The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65 percent for the year. St. Paul Travelers’ earnings rose sixfold in the...
Study Claims U.S. ‘Tort Tax’ Tops $9,800 Per Family
Mar 27 2007 // America’s legal system imposes an economic cost of more than $865 billion every year, or more than $9,800 per family, according to a new study released by the Pacific Research Institute (PRI), a free-market think...
Court ruling indicates claims made policy language ambiguous
Mar 26 2007 // A recent San Diego Superior Court ruling serves as a potential warning to legal malpractice insurers to review policy language to ensure their claims made policies can’t be more broadly construed as occurrence...
Top 10 myths of D&O liability insurance
Mar 26 2007 // Squelching frequent misconceptions of this valuable protection. 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,...
Top 10 myths of D&O liability insurance
Mar 26 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...
The New Frontier: Hidden exposures and brewing claims in the tech liability field
Mar 26 2007 // Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT...
More than just business
Mar 26 2007 // Insuring child welfare organizations offers opportunities, rewards and good business After spending most of her childhood and adolescent years growing up in foster care agencies, Rhonda Sciortino, a California independent...
Cracker Barrel Restaurant Chain Sues Insurers Over Harassment Claims
Mar 26 2007 // Restaurant chain Cracker Barrel is suing two of its insurance carriers, claiming they did not reimburse the company after it settled sexual and racial harassment claims for $2 million. The lawsuit filed last week in U.S....
Tenn. bill seeks certification to reduce med-mal claims
Mar 26 2007 // Tennessee lawmakers are working on a compromise medical malpractice reform bill that wouldn’t set a cap on damages but would create a way to penalize lawyers who bring frivolous lawsuits. The compromise being...
FDA says cloned food safe, but could lead to non-covered claims
Mar 26 2007 // Products from cloned animals, such as milk and meat, may be safe to eat, but that doesn’t mean there aren’t insurance risks. The problem is that it’s somewhat too soon to tell what claims could arise, and...
More than just business
Mar 26 2007 // After spending most of her childhood and adolescent years growing up in foster care agencies, Rhonda Sciortino, a California independent insurance agent, felt she had to give back in the best way she knew how. In 1989,...
