Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
IMACC Launches New Web Services, New Slogan
Jan 16 2007 // NAPERVILLE, IL – IMACC announced today that their new website is now available at http://www.imacc.net. Among the new service offerings is an Online Response Center (ORC) allowing claims to be submitted online. Users...
Judge Orders 83 Katrina Claims Cases, Including Sen. Lott’s, to Mediation
Jan 11 2007 // A federal judge on Wednesday ordered into mediation dozens of lawsuits policyholders filed against insurance companies after Hurricane Katrina. Several of the cases sent to mediation, which accuse the insurance companies...
Miss. Jury Hears Opening Statements in Katrina Suit Against State Farm
Jan 10 2007 // Even as the Mississippi attorney general negotiates a potential settlement with State Farm Fire & Casualty Co., an eight-person jury began hearing opening statements Tuesday in one of hundreds of insurance lawsuits...
Report: Nearly 20% of Customers Consider Switching Insurers After Collision
Jan 9 2007 // Nearly one out of every five customers considers switching insurance companies after experiencing the collision claim process, according to the J.D. Power and Associates 2006 Collision Repair Satisfaction...
Late storm binge has Western states singing holiday claims blues
Jan 8 2007 // While the nation was mostly natural disaster-free in 2006, the West suffered a few fourth quarter storms that took the blush off of an otherwise relatively rosy year. Beginning with Thanksgiving and heading into the New...
Enron’s legacies and directors’ and officers’ risk
Jan 8 2007 // Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron...
Tenn. report highlights cost of defending medical malpractice claims
Jan 8 2007 // Most medical malpractice claims closed in Tennessee result in no payment of damages to patients and their families, according to a recent report. However, the approximately 16 percent of claims that were paid accounted for...
Dissecting a claims made policy
Jan 8 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
Dissecting a claims made policy
Jan 8 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
BOPping in on employment practices liability insurance
Jan 8 2007 // It’s the ogre hiding under the bridge. And a hungry ogre at that. The owners of many small- to mid-sized companies hope to tip-toe by without incident, but there is no ignoring the potential for trouble. The number...
Dissecting a claims made policy
Jan 7 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
If asbestos claims were covered by claims-made insteadof occurrence forms, insurers likely would not be
Jan 7 2007 // paying claims today.
Tenn. report highlights cost of defending medical malpractice claims
Jan 7 2007 // Most medical malpractice claims closed in Tennessee result in no payment of damages to patients and their families, according to a recent report. However, the approximately 16 percent of claims that were paid accounted for...
Dissecting a claims made policy
Jan 7 2007 // You’ve heard the phrase: “If I could predict the future, I would be wealthy.” If our industry truly could do that, underwriting, rating and pricing would become the easiest tasks on the planet. Short of...
News Currents
Jan 7 2007 // Late storm binge has Western states singing holiday claims blues While the nation was mostly natural disaster-free in 2006, the West suffered a few fourth quarter storms that took the blush off of an otherwise relatively...
Enron’s legacies and directors’ and officers’ risk
Jan 7 2007 // Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron...
BOPping in on employment practices liability insurance
Jan 7 2007 // It’s the ogre hiding under the bridge. And a hungry ogre at that. The owners of many small- to mid-sized companies hope to tip-toe by without incident, but there is no ignoring the potential for trouble. The number...
OneBeacon Names Sibilia Senior V.P. of Claims
Jan 4 2007 // OneBeacon Insurance Group, Ltd. has named Philip Sibilia as senior vice president of claims of its insurance operations. He succeeds Gary Black who retired at the end of 2006. Sibilia has been with the company since 1979,...
Report: Traffic Accidents’ Share of Workers’ Comp Losses Grows
Jan 3 2007 // Work-related injuries due to traffic accidents are relatively costly and are on the increase as a growing share of workers compensation loss costs. According to the National Council on Compensation Insurance Inc., the...
Miss. AG Hood Urges Insurers Settle Not Fight Katrina Claims
Dec 28 2006 // Fifteen months after Hurricane Katrina left gaping holes in the Gulf Coast landscape, many insurance claims remain unsettled and Mississippi Attorney General Jim Hood is not happy. He says he would be happier if some of...
