Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Industry Associations Urge Wash. Governor to Veto Fair Conduct Act
Apr 27 2007 // Insurance industry associations are continuing to fight Washington’s Insurance Fair Conduct Act, asking Gov. Chris Gregoire to veto the legislation. ESSB 5726 is designed to provide insurance consumers with...
LWCC Promotes Bellue and Otts
Apr 26 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced the promotion of Mark Bellue to claims manager of large accounts and U.S. Longshore and Harbor accounts. Kathy Otts has been promoted to claims manager of...
P/C Insurers to Pay $1.2 Billion in 1st Quarter Home, Business Catastrophe Claims
Apr 25 2007 // Severe tornadoes in several southern states helped push catastrophe losses to more than $1.2 billion during the first quarter of 2007, according to the industry’s Property Claim Services (PCS), a unit of Insurance...
Ga. Claims Firm Engle Martin Acquires Litigation Management Services
Apr 24 2007 // Engle Martin & Associates, Inc., an Atlanta-based multi-line insurance claims administration and adjusting company, has acquired the specialty fraternal and not-for-profit services of Litigation Management Services,...
News Currents
Apr 23 2007 // Insurers fight impression their big profits are at claimants’ expense The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65...
News Currents
Apr 23 2007 // State Farm begins promised review of Miss. Katrina claims The State Farm Insurance Co. announced the details of how Mississippi policyholders can have their Katrina wind damage claims reevaluated under the agreement it...
Majority of medical malpractice claims close without payment
Apr 23 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 re-cent medical malpractice crisis
Apr 23 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...
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...
