Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Claims Management
Feb 19 2006 // Insurers and property owners are finding that heat offers an effective alternative or adjunct to costly traditional demolition-based remediation and flood restoration. Heat treatment method offers options for relief...
Windstorm Panelists: Carriers Hesitant to Write Fla. Policies
Feb 15 2006 // A panel of eight insurance experts agreed unanimously that carriers are closely scrutinizing Florida and are hesitant to renew homeowners policies during a panel moderated by Bill Bailey, director of the Hurricane...
Conn. Court Rejects Wrongful Death Claims Against Pratt & Whitney
Feb 15 2006 // The Connecticut Supreme Court has upheld a trial court ruling that bars wrongful death claims over the deaths by brain cancer of more than 60 workers in Pratt and Whitney’s jet engine manufacturing plant. The court...
Litigating Claims Against the London Market Noted by Research and Markets
Feb 15 2006 // Research and Markets (http://www.researchandmarkets.com/reports/c32764) reported the addition of Insurance Coverage Dispute to their offering. The authors explain all aspects of litigating insurance coverage disputes in...
Beazley Unveils Wage and Hour Coverage as Extension to EPL
Feb 15 2006 // Specialty lines insurer Beazley reported the availability of coverage for wage and hour claims as an extension of its employment practices liability (EPL) coverage. The wage and hour coverage is available and separately...
eAutoclaims Sees Record Growth in Processed Transactions
Feb 9 2006 // Oldsmar, Fla.-based eAutoclaims, a provider of managed collision repair services and insurance claims processing technology applications, reported growth in claims volume processed for the quarter ending Jan. 31, 2006. The...
Colorado Defeats Legislation to Change Claims Practices for Liability Coverage
Feb 9 2006 // The Colorado House Business Affairs and Labor Committee has unanimously rejected an attempt to convert auto liability coverage into a quasi no-fault coverage for health care providers. The Property Casualty Insurers...
Burned Ala. Churches File Claims as Fires Ruled Arson
Feb 8 2006 // The five rural Alabama Baptist churches either damaged or destroyed in fires last week were able to begin filing insurance claims Feb. 6 after all the fires were formally ruled arsons by the state insurance commissioner,...
St. Paul Travelers Enhances Coverages for Community Banks and Credit Unions
Feb 8 2006 // St. Paul Travelers has expanded management liability coverages for its SelectOne for Community Banks and SelectOne for Credit Unions, a portfolio of property casualty, management liability and bond coverages specifically...
U.K.’s Norwich Union’s “Bizarre Motor Claims” Roundup
Feb 8 2006 // Frozen squirrels and falling reindeer top the list of the U.K.’s Norwich Union’s strangest recent automobile related insurance claims. The U.K insurer, a division of Aviva Plc, notes that “freak incidents...
Kingsway Grows Net Income by 24% for 2005; Dividend Increases 25%
Feb 8 2006 // Canada-based Kingsway Financial Services Inc. reported financial results for the fourth quarter and year ended Dec. 31, 2005 (Cdn dollars except where indicated). Net income for the quarter increased 16% to $42.1 million...
Crawford & Co. Reports Fourth Quarter 2005 Results; ‘Cautious’ About 2006
Feb 6 2006 // Atlanta-based Crawford & Company has announced its financial results for the fourth quarter ended December 31, 2005. Fourth quarter 2005 revenues before reimbursements totaled $216.9 million compared with $205.8...
N.J. court upholds legitimacy of claims-made policy where insured rejected retroactive coverage
Feb 6 2006 // In what lawyers say is a precedent-setting decision, a New Jersey court has ruled that a claims-made insurance policy that did not include retroactive coverage does not violate public policy and is enforceable. An...
Time to reflect on hurricane lessons learned
Feb 6 2006 // There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still...
How courts are viewing motor carrier cargo disputes
Feb 6 2006 // The Second Circuit Court of Appeals has ruled that the BMC-32 Endorsement [Bureau of Motor Carriers attachment] does not apply to contract carriage for shipments taking place after Jan. 1, 1996, the effective date of the...
What happens when the excess carrier goes under
Feb 6 2006 // Analysis of one typical large company’s 65 years of excess casualty programs turns up disturbing news. More than half of the 49 carriers that participated on this corporation’s excess programs are now insolvent...
While the industry can almost certainly handle a single storm such as Katrina, should we realistically expect it to hand
Feb 5 2006 // There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still...
News Currents
Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information Center Windstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed After 2004, 2005 hurricane season, record attendance...
News Currents
Feb 5 2006 // Bill Bailey, director of the Hurricane Insurance Information Center Windstorm Conference speaker doesn’t think Mississippi wind vs. flood suits will succeed The controversy over litigation about wind vs. flood damage...
Time to reflect on hurricane lessons learned
Feb 5 2006 // There is no doubt that 2005’s unprecedented hurricane season stretched the human resources of the entire claims industry. Qualified, experienced adjusters were in high demand and short supply. While there are still...
