Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Ala. Commission Sets March 25 Deadline to Settle Hurricane Ivan Damage Claims
Feb 24 2005 // Insurance companies with unsettled claims from Hurricane Ivan have been given until March 25 to pay policyholders, or explain to Insurance Commissioner Walter Bell why the claims have not been paid. Once claims are...
Claims Mitigation Network Hires Gibboney to Head Member Services
Feb 23 2005 // Gary Gibboney has joined the Independent Mitigation and Cleaning/Conservation (IMACC) network at its Indianapolis office. In his new position, Gibboney will be responsible for expanding IMACC membership, while he works...
Citizens Lost First Round; Stalling Payments Until After Another Court Decision
Feb 21 2005 // Citizens Property Insurance Co. is in the limelight again, this time because it is refusing to pay property losses, even after losing a South Florida appeals court decision. Hurricane Irene brought both wind and water when...
Insurance Agents’ E&O: Are You Properly Covered’
Feb 21 2005 // Have you heard the story of the shoemaker’s children? Although their father was a shoemaker, they always had the most worn shoes. The reason is their father spent so much time and effort taking care of his customers,...
Ohio’s Common Sense Legal Reform
Feb 21 2005 // 2004 was a landmark year for common sense legal reform in Ohio. The state enacted significant asbestos reform, silica and mixed dust reform, and comprehensive tort reform legislation. The many benefits of these historic...
N.Y. Workers Comp Insolvency Fund Could Survive Until End of March; Quick Action in Albany Sought
Feb 18 2005 // The New York State Workers Compensation Security Fund, which officials last month predicted would run out of money by the end of this month, could go on paying claims until the end of March, thanks to early access to funds...
Mass. Fraud Crackdown Lowers Claims Substantially
Feb 16 2005 // Auto accident claims are down significantly in Lawrence, Mass. and several other Merrimack Valley communities after a 16-month crackdown on auto insurance fraud, according to an industry report. The Insurance Fraud Bureau...
PCI: New York’s Guaranty Funds Need Both Short and Long-Term Reform
Feb 16 2005 // Shifting funds from one New York guaranty fund to prop up the state’s floundering Workers’ Compensation Security Fund will reportedly only jeopardize the solvency of the Property/Casualty Security Fund and...
Customers Polled: Foremost Receives High Marks for Processing Hurricane Claims
Feb 11 2005 // Foremost Insurance Group of companies received high marks in a survey done on 3,000 customers who suffered losses from hurricanes in late 2004. The survey had a response rate of 39 percent. Those who responded rated...
Citizens Officials Report Their Status to Task Force
Feb 9 2005 // Officials with Citizens Property Insurance Corporation today announced that the state’s insurer of last resort has closed 90 percent of all insurance claims stemming from last year’s devastating storms. The...
Insurance Agents E&O: Are YOU Properly Covered’
Feb 7 2005 // Have you heard the story of the shoemaker’s children? Although their father was a shoemaker, they always had the most worn shoes. The reason is their father spent so much time and effort taking care of his customers;...
Deltona, Fla. Sinkhole Panics Homeowners; Fla. Legislature Considers ‘Pool’
Feb 7 2005 // Gun-shy Florida homeowners have a new natural disaster to add to their list of concerns, sinkholes. Dec. 13, accompanied by the sounds of tree roots snapping and limestone collapsing, a 225 ft. wide and 50 ft. deep...
Calif. Appeals Court Dismisses Claims of Former State Farm Agents
Feb 7 2005 // A California appellate court in San Francisco dismissed the claims of two former State Farm insurance agents in a lawsuit filed against the giant insurer over wrongful termination. The court also ordered a new trial in the...
Texas AG Reaches Final Settlement with Insurers for Auto Repair Overcharges
Feb 4 2005 // Texas Attorney General Greg Abbott announced the last two in a five-year series of settlements with various insurance companies to give refunds to Texas policyholders who paid more out of pocket on claims for auto repairs...
Windstorm Panelists Doubt Hurricane Claim Settlement Statistics
Feb 2 2005 // Panelists and even the audience dispute Florida Insurance Council and Florida Office of Insurance Regulation statistics indicating that a large percentage of claims from the four hurricanes that hit Florida in 2004 have...
Whitley Joins Lockton Insurance Brokers
Feb 1 2005 // San Francisco-based Lockton Insurance Brokers, the nation’s largest independently owned insurance broker, has named Roger Whitley, vice president, Claims manager. He will be based in Lockton’s San Jose...
Fla. Cabinet Hears Multiple Deductible Status Report
Feb 1 2005 // Just three weeks after the Department of Financial Services launched its Multiple Deductible Reimbursement Program, more than 400 checks totaling $600,000 are being mailed this week, Florida’s Chief Financial Officer...
Tsunami Losses Less Than $4B Reports RMS
Jan 31 2005 // Risk Management Solutions (RMS) has announced estimates that insured losses from the 2004 Southeast Asia earthquake and tsunami will be less than $4 billion, based on the information available within the first three weeks...
Nine Plead Guilty to Faking S.C. Auto Wrecks, Filing False Claims
Jan 28 2005 // Attorney General Henry McMaster announced today in Columbia, S.C. that nine individuals pleaded guilty between Oct. 21, 2004 and Jan. 13, 2005 to 16 counts of Presenting False Claims for Payment, a felony violation of...
March 1 Deadline for Fla. Hurricane Victims to Submit Multiple Deductible Claims
Jan 27 2005 // Homeowners eligible to receive compensation for multiple hurricane deductibles have been called on by Florida’s Chief Financial Officer Tom Gallagher to act now and file their applications for relief so they are...
