Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
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...
