Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
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...
