Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Mo. Insurance Dept. Releases 2005 Medical Malpractice Report
Oct 16 2006 // In 2005, medical malpractice insurers in Missouri recorded a positive underwriting result for the second consecutive year and the highest recorded number of new claims filed, according to the 2005 Medical Malpractice...
McMurtrie Named Chief Claims Officer at Grange Insurance
Oct 16 2006 // Peter McMurtrie has joined Columbus, Ohio-based Grange Insurance in the new position of chief claims officer. The company said McMurtrie will focus on three main areas of operation as he begins his new position:...
Iowa Diocese Files for Bankruptcy over Sex Abuse Cases
Oct 13 2006 // The Roman Catholic Diocese of Davenport filed for Chapter 11 bankruptcy this week, the fourth diocese in the nation to seek financial protection to deal with priest sex abuse cases. Bishop William Franklin said the diocese...
Insurance damage price tag on New Mexico hailstorm tops $10 million
Oct 9 2006 // More than 2,200 auto claims and approximately 950 homeowner claims have been filed due to a hailstorm in southern New Mexico, an insurance industry association said. Pea to golf ball sized-hailstones battered Las Cruces,...
The Commissioners
Oct 9 2006 // Washington’s Mike Kreidler: Making the insurance market work The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From...
Workers’ comp claim frequency and size continue downward trend
Oct 9 2006 // A recent study based on data collected through 2004 shows that workers’ compensation claims frequency is down — yet costs continue to rise. The lowered frequency of claims includes large claims and small claims...
Getting to know your agency’s E&O
Oct 9 2006 // Insurance agents’ errors and omissions policies are not created equal. An agent who purchases E&O based solely on price may experience a rude awakening when it’s time to report a claim. Here are just a few...
News Currents
Oct 9 2006 // Workers’ comp claim frequency and size continue downward trend A recent study based on data collected through 2004 shows that workers’ compensation claims frequency is down—yet costs continue to rise. The...
Workers’ comp claim frequency and size continue downward trend
Oct 9 2006 // A recent study based on data collected through 2004 shows that workers’ compensation claims frequency is down — yet costs continue to rise. The lowered frequency of claims includes large claims and small claims...
Mike Kreidler, Washington, Insurance Commissioner
Oct 9 2006 // The Washington Office of the Insurance Commissioner is a vigorous protector of consumers under the leadership of Commissioner Mike Kreidler. From maintaining a trust relationship between consumers and insurers, to...
Insurance damage price tag on New Mexico hailstorm tops $10 million
Oct 9 2006 // More than 2,200 auto claims and approximately 950 homeowner claims have been filed due to a hailstorm in southern New Mexico, an insurance industry association said. Pea to golf ball sized-hailstones battered Las Cruces,...
Getting to know your agency’s E&O
Oct 9 2006 // Insurance agents’ errors and omissions policies are not created equal. An agent who purchases E&O based solely on price may experience a rude awakening when it’s time to report a claim. Here are just a few...
Trade Group: Mich. Enacts Positive Reforms to Guaranty Fund Coverage
Oct 3 2006 // Michigan recently enacted a series of positive reforms to the Michigan Property Casualty Guaranty Association Act that among many things adds a large deductible provision which clarifies the rights of the receiver and...
Understanding D&O risks, exposures and insurance options
Sep 25 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...
More than 2,200 Auto Claims Filed after Southern N.M. Storm
Sep 21 2006 // More than 2,200 automobile claims and 950 homeowner claims have been filed through insurance companies as a result of last week’s hailstorm in southern New Mexico, a trade association said. The Rocky Mountain...
Lloyd’s Implements Xchanging Claims Handling System
Sep 20 2006 // In what it called “a good step towards eradicating paper in the market,” Lloyd’s announced the implementation of “an electronic filing cabinet,” which has been launched “for handling...
Guy Carpenter Releases Annual Specialty Program Market Survey
Sep 13 2006 // Guy Carpenter & Company Inc., the global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has released its second annual survey of domestic insurance companies that write substantial...
Merck Audit Claims Vioxx Execs Acted Responsibly
Sep 11 2006 // Merck & Co.’s board of directors said last week that a 20-month investigation funded by the pharmaceutical company found that senior management acted responsibly in developing and marketing its now withdrawn...
Ohio Workers’ Comp Costs Rise Despite Drop in Claims
Sep 11 2006 // Payments from Ohio’s investment fund for injured workers to companies that manage cases have jumped more than 40 percent since the arrangement began, though the state is seeing about half as many claims, according to...
Montgomery Insurance Beefs Up N.C. Claims Force
Sep 6 2006 // Montgomery Insurance, a member of Liberty Mutual Group, is adding to its field claim operations in western North Carolina to expedite claims processing for its policyholders and appointed agents in this part of the...
