Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
The Ins and Outs of Claims-Made Policies
Dec 5 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employ-ment Practices Liability and other miscellaneous professional liability policies,...
Lawsuit Claims Disability Insurer Sought to Avoid Paying Claims
Dec 5 2005 // UnumProvident Corp., the nation’s largest disability insurer, has systematically sought ways to avoid paying claims to millions of California customers, a lawsuit claims. The lawsuit filed in Superior Court by...
Mississippi Insurance Commissioner George Dale Serving Eighth Term; Hurricane Katrina Wasn’t Much, Compared to the After
Dec 4 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...
The Ins and Outs of Claims-Made Policies
Dec 4 2005 // Claims-made policies are policies commonly associated with professional liability policies, such as Directors & Officers, Employ-ment Practices Liability and other miscellaneous professional liability policies,...
News Briefs
Dec 4 2005 // New Online License Service Available for Wash. Agents and Brokers Insurance agents, brokers and other insurance professionals licensed to transact business in Washington can now print copies of their licenses from their...
Pittsburgh Hopes Lump Sums Save on Claims in Long Run
Dec 4 2005 // Pittsburgh, saddled with more than 1,000 workers’ compensation claims, is trying to settle some of the claims now so it can save money later. At a cost of $23.3 million this year, Pittsburgh “has one of the...
ING Comercial América Wins Mexican Appeal in Fertinal Claims Case
Dec 2 2005 // Dutch insurance and financial services giant ING got some welcome news from Mexico, when an Appellate court struck down a local court ruling that the insurer’s Mexican subsidiary ING Comercial América was liable to...
Catlin Group Estimates Wilma Claims at $45 Million; Ups Katrina Loss
Dec 2 2005 // The U.K.’s Catlin Group Limited announced that its Bermuda operating subsidiary has completed its initial estimate of losses arising from Hurricane Wilma and has also reviewed its loss estimates for Hurricanes...
Katrina and Rita DUA Claims in La. Must be Filed by Nov. 30
Nov 30 2005 // Individuals who want to apply for Disaster Unemployment Assistance as a result of hurricanes Katrina and Rita must file by the end of the day on Nov. 30, according to the Louisiana Department of Labor. Previous notices...
Wilma’s $6 Billion Cost to Insurers Raises Industry’s Catastrophe Loss Total to Record $50 Billion
Nov 29 2005 // U.S. property/casualty insurers are expected to pay an estimated $6.1 billion to Florida policyholders for insured property losses from Hurricane Wilma, pushing year-to-date catastrophe losses to $50.3 billion, an all-time...
More Civil Claims ‘Possible’ Against AIG’s Former Boss, But No Criminal Charges Expected
Nov 28 2005 // Additional civil charges against former American International Group Inc. Chairman and CEO Maurice “Hank” Greenberg are possible, but no state criminal charges are expected, a spokesman for New York Attorney...
Shell Handles 4,000 Damage Claims from Oil Refinery Leak
Nov 28 2005 // A Martinez, Calif., Shell oil refinery leak that sprayed 150 gallons of oil over the downtown area could cost the company more than $1 million to clean buildings and vehicles. As of Nov. 22, more than 3,500 claims had been...
Calif. Crash for Cash Ringleader Arrested
Nov 25 2005 // California Insurance Commissioner John Garamendi on Wednesday announced the arrest of the suspected ringleader of a major operation that has allegedly staged more than 60 auto collisions over the past 18 months, bilking...
Texas Recovering from Hurricane Rita
Nov 25 2005 // Most insurance agents in Texas have never faced the damage caused by a catastrophic storm. Thankfully, massive hailstorms, tornadoes and hurricanes have been few and far between in our state. But, Hurricane Rita changed...
Disaster Recovery Officials on the Prowl for Fraudulent Claims After Hurricanes
Nov 24 2005 // Numerous federal agencies have dispatched teams of special agents to investigate fraudulent claims from Hurricanes Katrina and Rita, according to the U.S. Department of Homeland Security’s Federal Emergency...
Three Residents Charged With Making False Hurricane Katrina Claims
Nov 21 2005 // Three Mississippi residents have been accused of making false claims to the Federal Emergency Management Agency for Hur-ricane Katrina relief funds. Dunn Lampton, U.S. Attorney for the southern district of Mississippi,...
Hurricane Rita Claims Expected to Hit $4.7 Billion
Nov 21 2005 // Majority of losses sustained in Louisiana, Texas. The Insurances Services Office expects property and casualty losses from Hurricane Rita to hit $4.7 billion, with the majority of losses occurring in Texas and Louisiana....
Barbecues, Mobile Centers Encourage Auto Owners to Turn in Wilma Claims
Nov 20 2005 // South Florida insurance agents encouraged the thousands of automobile owners who had vehicle damage during Hurricane Wilma to report them as soon as possible so they could be repaired, some agencies even held weekend...
Carriers Flooded With Auto Damage Claims
Nov 20 2005 // Plantation, Fla., ‘Insurance Village’ The “Insurance Village” established by Florida’s Depart-ment of Financial Services in Plantation, Fla. west of Fort Lauderdale, had a lot of damaged...
News Currents
Nov 20 2005 // Hurricane Rita Claims Expected to Hit $4.7 Billion Majority of losses sustained in Louisiana, Texas. The Insurances Services Office expects property and casualty losses from Hurricane Rita to hit $4.7 billion, with the...
