Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
A year later, insurers report 95% of Katrina claims settled in La. and Miss.
Sep 4 2006 // One year after Hurricane Katrina, the insurance industry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...
WHAT CLAIMS ADVICE IS NEEDED IMMEDIATELY AFTER A DISASTER?
Sep 4 2006 // Inventory and photograph the debris pile before it “walks away.” Photograph all losses immediately. Board up and protect the property from further damage as is required by the policy. Salvage any financial...
WHO PREPARES AND SUBMITS CLAIMS?
Sep 4 2006 // Many people can be responsible for preparing and submitting claims. The policyholder should prepare his or her own claim. However, he or she may ask for help. Agents — The agent should help prepare the claim, making...
Hurricane Katrina, a year later, another perspective
Sep 4 2006 // The Midwest is not affected by hurricanes or hurricane seasons because obviously our only coastal regions involve the Great Lakes, not oceans. The central region of this country does have its own natural disasters in the...
One year later, insurers report 95 percent of Katrina claims in La. and Miss. settled
Sep 4 2006 // One year after Hurricane Katrina, the insurance in-dustry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...
One year later, insurers report 95 percent of Katrina claims in La. and Miss. settled
Sep 4 2006 // One year after Hurricane Katrina, the insurance in-dustry says that nearly 95 percent of homeowners insurance claims have been settled in Louisiana and Mississippi, insurance companies have paid billions in storm damage...
Understanding real estate-related risks
Sep 4 2006 // Throughout many states in the U.S., there has been an incredible increase in the number of professionals involved in or related to real estate. When thinking about real estate risks, the first to come to mind are real...
Editor’s Note: A long way to go
Sep 4 2006 // While significant problems persist-severe damage to public infrastructure and reduced populations continue to present challenges-the billions of dollars in claims paid to date are helping fuel an increase in residential...
Case Law Watch
Sep 4 2006 // Actions and Proceedings Brannon v. Continental Casualty Co. (Alaska court, June 9, 2006, Unpublished) Ruling: The trial court had dismissed the injured party’s action against the insurer based on statute of...
Figures
Sep 4 2006 // 08/29/2006 The national day of remembrance for all the victims of Hurricane Katrina and those who gave of their time and energy to save lives and help rebuild. $57 billion The estimate of overall insured losses for damage...
James J. Donelon, Louisiana, Commissioner of Insurance
Sep 4 2006 // With his state still in recovery mode after last year’s Hurricanes Katrina and Rita, Louisiana Commissioner of Insurance Jim Donelon is arguably one of the busiest state insurance regulators in the U.S. While...
Hurricanes Katrina and Rita spawn legislation, bulletins in Miss. and La.
Sep 4 2006 // Hurricanes Katrina and Rita exposed many misconceptions and misunderstandings that consumers had, or claimed to have had, with respect to their insurance coverage for hurricane related damage. The aftermath of these two...
Case Law Watch
Sep 4 2006 // Actions and Proceedings Brannon v. Continental Casualty Co. (Alaska court, June 9, 2006, Unpublished) Ruling: The trial court had dismissed the injured party’s action against the insurer based on statute of...
Editor’s Note: Hurricane Katrina, a year later, another perspective
Sep 4 2006 // The Midwest is not affected by hurricanes or hurricane seasons because obviously our only coastal regions involve the Great Lakes, not oceans. The central region of this country does have its own natural disasters in the...
Debt Investor Claims Minn. UnitedHealth in Default for Filing Delay
Sep 1 2006 // Minn.-based UnitedHealth Group Inc. said an investor in its debt securities sent it a notice of default on Monday, following the health insurer’s delay in filing a quarterly report with the Securities and Exchange...
Katrina By the Numbers: $10.5 Billion in Claims Paid in Miss.
Aug 31 2006 // There have been 483,693 claims filed and more than $10.5 billion paid to Mississippians for Hurricanes Katrina and Rita, according to the Mississippi Insurance Department. Those numbers were as of August 1, 2006 and...
Fla. Prepares Golf Event, Scholarship to Honor Slain Claims Adjuster
Aug 31 2006 // On the afternoon of Friday, October 6, the family and friends of Katie Froeschle will host the First Annual Katie Froeschle Memorial Golf Tournament at the Heritage Harbor Golf & Country Club located in Lutz, Florida...
Sequoia Insurance Deploys Web-Based Claims Processing Center
Aug 31 2006 // Sequoia Insurance Co., a multi-line property and casualty insurer serving the western United States has deployed a new Web-based claims processing center, Guidewire ClaimCenter. Currently, the system supports personal and...
In Miss., Dale Urges Mediation to Settle Remaining Katrina Claims
Aug 30 2006 // Mississippi Insurance Commissioner George Dale has pledged that the Mississippi Insurance Department will continue to dedicate itself to getting as many Hurricane Katrina claims paid as possible. Citing a report from the...
Hiscox Launches New D&O Policy
Aug 29 2006 // The U.K.’s Hiscox Insurance Co. has launched of a new management liability policy developed to cover the liabilities of U.K. companies, their directors and employees. Hiscox said it had revamped the coverage...
