Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Lengthy Processing Time See for U.K. Oil Fire Claims
Dec 20 2005 // A bulletin on the Lloyd’s Web site notes that “claims from the biggest fire in Europe for over 50 years [the Buncefield fire] will impact the London market in two phases, according to a major loss adjuster...
Hurricane Katrina Leads to Large Number of Claims, Frustration
Dec 19 2005 // While Hurricane Katrina spent only a couple of days menacing the Gulf Coast, the trail of destruction in both lives and properties lingers on months later. As places like New Orleans, Mississippi and other surrounding...
Nine Broward County Residents Indicted for Falsifying FEMA Claims
Dec 19 2005 // Arrests of nine Broward County residents indicted for defrauding the Federal Emergency Assistance Agency to obtain disaster relief after last year’s Hurricane Frances have been announced jointly by R. Alexander...
Liberty Mutual Hires Former 9/11 Fund Head to Mediate Hurricane Claims
Dec 19 2005 // Liberty Mutual Insurance Company has hired the mediator who oversaw the Sept. 11 Victim Compensation Fund to help settle insurance claims filed by homeowners after hurricanes Katrina and Rita. The Boston insurer’s...
Houston Man Charged in Katrina Claims Filing Scam with FEMA
Dec 19 2005 // United States Attorney Chuck Rosenberg announced the filing of criminal charges against Clifford Neville, 53, of Houston, Texas, for reportedly filing false claims for emergency disaster funds with the Federal Emergency...
Six Indicted for False Katrina Claims
Dec 19 2005 // Six Mississippi residents have been indicted by a federal grand jury on charges of making false claims to the Federal Emergency Management Agency in an effort to obtain relief funds from Hurricane Katrina. The Gulfport Sun...
The Ins and Outs of Claims-Made Policies
Dec 19 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies,...
The Ins and Outs of Claims-Made Policies
Dec 18 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employment Practices Liability and other miscellaneous professional liability policies,...
Duty to or Non Duty to Defend: What is the Best Defense Provision?
Dec 18 2005 // As insurance professionals, we are all familiar with “duty to defend” language commonly associated with general liability policies. But are you familiar with, or did you even know there is, “non duty to...
News Briefs
Dec 18 2005 // FLORIDA State Farm of Florida 8.6 Percent Rate Request Approved The Florida Department of Insurance approved an average statewide premium rate hike of 8.6 percent for State Farm of Florida, the largest insurer of homes in...
N.Y. AG Spitzer Claims Greenberg Shorted Charity 35 Years Ago
Dec 16 2005 // New York Attorney General Eliot Spitzer this week accused embattled insurance executive Maurice R. “Hank” Greenberg of participating in a series of financial transactions 35 years ago that cost the charitable...
Unitrin Specialty Paid 92% of Hurricane Claims!
Dec 16 2005 // Unitrin Specialty to date has paid or settled over 92% of our claims from the hurricanes that hit Louisiana. How have we settled claims so quickly? Within hours of the disaster, Unitrin Specialty created a claims...
17 Arrested in Calif. on Insurance Fraud, Grand Theft
Dec 15 2005 // Calif. Insurance Commissioner John Garamendi has announced the arrests of 17 suspects in connection with an alleged Southern California insurance fraud scheme that netted more than $100,000 through ruse involving a former...
Texas ‘Victims’ Plead Guilty for Making False Hurricane Katrina Claims
Dec 13 2005 // Two McLennan County, Texas women, apprehended after they claimed to be victims of Hurricane Katrina and attempted to obtain federal emergency benefits, have pleaded guilty to filing false, fictitious or fraudulent claims...
Virginia Authorizes Partial Payments on Reciprocal of America Claims
Dec 13 2005 // Policyholders with a covered claim against insolvent Reciprocal of America can expect a partial payment soon. The Virginia State Corporation Commission is authorizing the deputy receiver of the liquidated reciprocal...
Nigerian Jetliner Crash Claims More than 100 Lives in Port Harcourt
Dec 10 2005 // Officials in Nigeria reported Saturday that at least 103 people were killed when a passenger jet went down in stormy weather while attempting to land in the city of Port Harcourt. There were reports that less than a dozen...
Ark. Board Ruling Hurts Payday Loan Recipients, Lawyer Says
Dec 9 2005 // An Arkansas state board denied a claim against a payday lender’s insurance company, and a lawyer said the agency was sending the wrong message to consumers, according to an Associated Press report. The State Board of...
Mississippi Insurance Commissioner George Dale Serving Eighth Term
Dec 5 2005 // In public and in an interview with Insurance Journal, Misissippi Insurance Commis-sioner George Dale comes across as a laid-back Mississippi farm-boy, but the commissioner, who has been reelected for eight terms, has...
ALABAMA EXPECTS 50,000 CLAIMS
Dec 5 2005 // More than 50,000 claims are expected in Alabama from hurricane damage, however, complete cost estimates won’t be available until this month. Ragan Ingram, Department of Insurance assistant insurance commissioner,...
DEER CLAIMS AVERAGE $1,700
Dec 5 2005 // The average cost of an automobile claim directly attributable to a driver having a collision with deer or wildlife is more than $1,700 per claim and totaling approximately $33 million, according to an annual study...
