Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Swiss Re Increases Katrina Claims by $700 Million to $1.2 Billion
Sep 12 2005 // Swiss Re has issued a major revision of its expected claims from Hurricane Katrina, increasing its loss estimates by $700 million from $500 million to $1.2 billion. The reinsurer is the first, but undoubtedly not the last,...
N.C. Couple ‘Iced’ Tomatoes; Sentenced for $9M in Fake Claims
Sep 9 2005 // A scheme to defraud a government agency and several private insurance companies of more than $9 million has landed an Asheville, N.C. farmer and his wife in prison. Robert Warren and Vicki Warren, owners of R&V Warren...
Miss. Commissioner Dale Urges Insurers to Pay ‘All’ Valid Katrina Claims
Sep 9 2005 // Mississippi Insurance Commissioner George Dale has issued a bulletin to insurance companies urging insurers pay all valid claims from Hurricane Katrina. The bulletin warns insurers that if they deny a claim, they will be...
Excess Lines Claims Annual Conference Sept. 21-24
Sep 9 2005 // The Excess Surplus Lines Claims Association has announced that its 36th annual meeting will be held Sept. 21-24, 2005, at the Hyatt Regency Tamaya Resort & Spa in Santa Ana Pueblo, New Mexico. “Among our major...
State Farm Processing Over 200,000 Katrina Claims
Sep 8 2005 // State Farm, the largest insurer of homes and cars in the Gulf States, is servicing more than 223,000 property claims in Alabama, Louisiana, Mississippi and Florida in the wake of Hurricane Katrina. The number is expected...
N.Y. Court Awards No-Fault Damages Despite Late Notice to Insurer
Sep 7 2005 // A New York trial judge has dealt a blow to New York State’s timely insurance no-fault auto insurance notice requirement, under which insurers can deny coverage if a claim is not filed within a set period. Following a...
New Orleans-based GEB Insurance Weathered Katrina; Taking Claims in a Mobile Emergency Unit in Baton Rouge
Sep 6 2005 // Before Hurricane Katrina, Gillis, Ellis and Baker Insurance, a leading New Orleans writer of casualty, liability benefits, health, employment, risk management and seismic vessel coverage had offices across the street from...
Born to File Claims: Driving Behavior is Written in the Stars
Sep 5 2005 // Many people turn to the stars for direction in matters of money, love and happiness. Now, according to a survey conducted by Prudential Car Insurance in the United Kingdom, it appears that the zodiac may also play a role...
Insurers Tally Damage After Wisc. Tornadoes
Sep 5 2005 // Insurance companies are totaling up the damage from more than two dozen tornadoes that struck south-central Wisconsin in mid-August. Statewide, the storms resulted in one death, 30 injuries, 20-25 destroyed homes, and 200...
IJ Exclusive: Shand Morahan’s ‘How to Write’ Professional Liability
Sep 5 2005 // In the ongoing “How to Write” broadcast series from the Insurance Journal studios in San Diego, Calif., Carol Murphy and Mary Sanders of Shand Morahan & Co. discussed errors and omissions insurance,...
Insurers Tally Damage After Wisc. Tornadoes
Sep 5 2005 // Insurance companies are totaling up the damage from more than two dozen tornadoes that struck south-central Wisconsin in mid-August. Statewide, the storms resulted in one death, 30 injuries, 20-25 destroyed homes, and 200...
Zodiac Underwriting Guide to Drivers
Sep 5 2005 // Affable Aquarius (21 January – 19 February) Aquarius’ gentle qualities are reflected in an average claims record overall. Aquarian drivers consider themselves sensible, responsible and family-oriented with a...
IJ Exclusive: Shand Morahan’s ‘How to Write’ Professional Liability
Sep 5 2005 // In the ongoing “How to Write” broadcast series from the Insurance Journal studios in San Diego, Calif., Carol Murphy and Mary Sanders of Shand Morahan & Co. discussed errors and omissions insurance,...
PINnacle Xchange
Sep 5 2005 // CT Insurance Services introduced enterprise automation that integrates the compliance requirements for both securities registration and insurance licensing. It is expanding its PINnacle Xchange producer licensing software...
Lloyd’s of London Finds its 21st Century Form
Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...
Budget Office Figures Federal Asbestos Fund Too Small to Pay All Claims
Sep 5 2005 // The Congressional Budget Office has estimated that the federal $140 billion asbestos compensation fund being considered by Congress could be too small to cover claims over the next 50 years. The Fairness in Asbestos Injury...
Mass. Auto Insurance Rates: How Low Will They Go for Next Year?
Sep 5 2005 // As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how negative...
Lloyd’s of London Finds its 21st Century Form
Sep 5 2005 // Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both...
Mass. Auto Insurance Rates: How Low Will They Go for Next Year?
Sep 5 2005 // As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how negative...
Budget Office Figures Federal Asbestos Fund Too Small to Pay All Claims
Sep 5 2005 // The Congressional Budget Office has estimated that the federal $140 billion asbestos compensation fund being considered by Congress could be too small to cover claims over the next 50 years. The Fairness in Asbestos Injury...
