Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Three Insurers Sue To Recover Claims Paid in ’02 Wildfire
Jun 15 2006 // Three insurance companies filed a federal lawsuit Wednesday to recover $7.04 million in claims paid for homes damaged or destroyed in the 2002 Hayman Fire in Colorado. State Farm Fire & Casualty Co. Inc., three...
N.Y. City Continues to Pay More Each Year to Settle Claims
Jun 14 2006 // The cost to New York City of settling legal claims against the city has more than doubled since 1995 and to reach more than $575 million in 2005. Ten years ago, the city paid out $265 million on claims, according to the...
Beecher Carlson Expands Risk Services/Captive Operations in Denver
Jun 13 2006 // Beecher Carlson, an insurance brokerage and risk management consulting firm, has expanded its risk services/captive operations with the appointment of Richard (Dick) Huntington as senior vice President and Carol Riggs as...
Ericson Named Marketing Manager for Frye Claims Consultation
Jun 8 2006 // Adrienne Chapman Ericson has joined Frye Claims Consultation & Administration Inc. as director of marketing. She brings to the position more than 23 years experience as a professional liability and commercial general...
Cadillac Escalade Most Likely to be Stolen; Lancer Evolution Next in Line
Jun 8 2006 // The Cadillac Escalade, the bold and shiny luxury sport utility vehicle popular with Hollywood’s A-List, rappers and star athletes, apparently also attracts an ill-intentioned constituency: car thieves. Escalades had...
La. Commissioner Seeks to Extend Time to Sue Over Katrina/Rita Claims
Jun 6 2006 // Louisiana Commissioner of Insurance Jim Donelon has issued Advisory Letter 06-04 to the approximate 100 companies with homeowners insurance policies in Louisiana, requesting their cooperation in extending from one to two...
N.J. Drivers ‘Clear Winners’ Under ’03 Reforms, Claims Industry Report
Jun 5 2006 // New Jersey drivers are the “clear winners” due to auto insurance reforms enacted by lawmakers in 2003 according to the Property Casualty Insurers Association of America (PCI), which released a report about the...
GLOBAL CLAIMS, SAN DIEGO
Jun 5 2006 // Specialist international marine claims firm, Global Claims Management Ltd., will be opening a San Diego office and claims portal service on June 1. The San Diego office will provide marine claims surveying and adjusting...
Exercising appropriate standard of care
Jun 5 2006 // The term “standard of care” often is thrown around when dealing with professional liability risks. A professional is regarded as someone who possesses special skills, experience and knowledge, and thus is held...
Katrina, Rita complaints breed probes in La.
Jun 5 2006 // As an aftereffect of consumer complaints, the Louisiana Department of Insurance hit Allstate Insurance Co. and St. Paul Travelers Cos. with investigations into their handling of homeowners’ claims resulting from...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The amount of property damage caused by Hurricane Katrina in Mississippi and Louisiana has been extensively reported, as has the fact that many people in those states did not have flood insurance coverage. As a result,...
Multi-family housing: How to slow the A&E claims flow
Jun 5 2006 // Would architects or engineers accept a fee of $70,000 knowing that it would result in a $1 million loss? Probably not, yet that’s exactly what they are likely to be faced with when designing a multi-family use...
Coverage issues at core of Hurricane Katrina-related litigation
Jun 5 2006 // The initial decisions from Hurricane Katrina lawsuits provide some comfort to both insurers and insureds and potential warnings to insurance agents. The amount of property damage caused by Hurricane Katrina in Mississippi...
Katrina, Rita complaints breed probes in La.
Jun 5 2006 // As an aftereffect of consumer complaints, the Louisiana Department of Insurance hit Allstate Insurance Co. and St. Paul Travelers Cos. with investigations into their handling of homeowners’ claims resulting from...
Exercising appropriate standard of care
Jun 5 2006 // The term “standard of care” often is thrown around when dealing with professional liability risks. A professional is regarded as someone who possesses special skills, experience and knowledge, and thus is held...
People
Jun 5 2006 // Marsh & McLennan Co. Inc. named Stephen R. Hardis non-executive chairman of the board at its annual shareholder meeting. Hardis succeeds Robert F. Erburu, who is retiring from the board after reaching the...
Andrade to Lead The Hartford’s P&C Claims
Jun 2 2006 // The Hartford Financial Services Group, Inc. has selected Juan C. Andrade to be executive vice president and head of the Property and Casualty Operations’ claims organization. Andrade, who is currently the deputy head...
Miss. Claims Payments Break Records
May 31 2006 // A record for property and casualty lines claims payment settlements and premium refunds was set by the Consumer Services Division in Mississippi from Jan. 1 to April 30, according to the Insurance Department. Since Jan. 1...
Senate OKs Paulison as FEMA Chief as Senator Wins Flood Claims Appeal Vow
May 30 2006 // The U.S. Senate confirmed R. David Paulison as FEMA’s chief last Friday, hours after a senator ended his stall on the nomination over problems with the agency’s flood insurance program. Paulison’s...
Mich. Insurance Regulator Bans Limits on Time to File Auto Claims
May 30 2006 // Michigan’s governor and her insurance regulator are telling companies that they won’t be allowed to write policies that give injured motorists less time to file claims or lawsuits. The move by the Office of...
