Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
By Dave Kaiser
Jun 6 2005 // Associations Warn Agencies: The insurance industry’s response to the 2005 hurricane season has been noteworthy, with many professional associations emphasizing hurricane preparedness, urging members to have...
Alea AGM Report: Strong Underwriting, Normal Claims Development Continue
Jun 3 2005 // Bermuda-based Alea Group Holdings Ltd. released a statement following the conclusion of the of the Group’s Annual General Meeting held on Thursday, June 2, indicating that its underwriting efforts remain profitable...
Garamendi Calls for 18% Decrease in Work Comp Pure Premium Rate
Jun 1 2005 // California Insurance Commissioner John Garamendi called for an 18 percent decrease in workers’ compensation pure premium rates and issued the following statement on June 1: “The historic workers’...
Hurricane Season Begins: Southeast Associations Prepared
Jun 1 2005 // As homeowners jam Florida stores to take advantage of the state’s tax-free sales tax holiday and other stores announce “matching” programs to provide additional discounts, professional insurance...
KFF: Medical Malpractice Claims Stable; FTCR Reports Time to Focus on Insurers’ Practices
May 31 2005 // The chief argument for legislation to limit the legal rights of patients injured by a physician – that the number of medical malpractice claims and the cost of those claims have been skyrocketing – is a...
CII Announces New Criteria; Members Can Enhance Claims Designations
May 31 2005 // The U.K.’s Chartered Insurance Institute (CII) announced that members of the Faculty of Claims are to be given the opportunity to distinguish their professionalism by enhancing their membership...
SPSS Says Its New Technology Can Predict Fraudulent Claims
May 31 2005 // Chicago-based SPSS recently unveiled a new software product it said will reduce insurance fraud, significantly improve the claims process and cut costs. SPSS’ PredictiveClaims, an application based on real-time...
Two Floridians Charged With Staging Accident, Filing False Claim
May 25 2005 // Two Broward County men are facing felony fraud charges after a state investigation determined they staged an accident in January and then filed fraudulent insurance claims for injuries that did not occur. Jesse Demetro,...
Rhode Island House Backs 60-Day Limit on Uninsured Driver Claims
May 24 2005 // The Rhode Island House of Representatives passed a bill last week that would require insurance carriers to respond to a request to settle with an uninsured driver within 60 days of the request; if the request has not been...
Citizens Making Improvements; Advises, Prepare Now for Hurricanes
May 24 2005 // With the start of hurricane season, June 1, just days away, Citizens Property Insurance Corporation is advising policyholders to make preparations now, before a possible storm. The state’s insurer of last resort is...
Rand Study: More than 730,000 People File U.S. Asbestos Injury Claims
May 23 2005 // More than 730,000 people in the United States filed compensation claims for asbestos-related injuries from the early 1970s through the end of 2002, costing businesses and insurance companies more than $70 billion, the RAND...
Boston Archdiocese Settles with St. Paul Travelers Over Sex Abuse Claims
May 23 2005 // The Boston Archdiocese has agreed to an $8.5 million settlement with an insurance carrier that disputed the Catholic archdiocese’s claims related to payments to clergy sex abuse victims, the archdiocese...
Guilty Pleas Entered for Fake Claims
May 23 2005 // Three of 14 Miami-Dade County, Fla., residents have pled guilty to mail fraud, wire fraud and filing a false claim of damage done by Hurricane Frances. They claimed to the Federal Emergency Management Agency that $156,354...
N.J. Ruling Clears Way for Loss of Consortium Claims by Gay Couples
May 23 2005 // A judge’s ruling that a same-sex couple can sue for a loss of consortium could expand rights for gays in New Jersey. Superior Court Judge James S. Rothschild Jr. ruled that Judith Peterson and Linda Henry of Fair...
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
South Bend Employers Sue Company Over Unpaid Health Claims
May 23 2005 // SOUTH BEND, Ind.–Some of the South Bend area’s largest employers have filed lawsuits against a company hired to process health insurance claims for their employees. The employers allege that they paid millions...
Former Claims Adjuster Arraigned on Grand Theft, Forgery Charges
May 23 2005 // Former American Financial Group claims adjuster/litigation specialist Stephen Glenn Pirkey was arrested April 27 and charged with embezzling his employer out of more than $490,000 during his employment in the Los Angeles...
N.J. Ruling Clears Way for Loss of Consortium Claims by Gay Couples
May 23 2005 // A judge’s ruling that a same-sex couple can sue for a loss of consortium could expand rights for gays in New Jersey. Superior Court Judge James S. Rothschild Jr. ruled that Judith Peterson and Linda Henry of Fair...
South Bend Employers Sue Company Over Unpaid Health Claims
May 23 2005 // Amid Scrutiny, Aon Tops Earnings Estimates With Q1 Profits Up 18% CHICAGO-Aon Corp. saw its shares leap 15 percent after the world’s second-largest insurance brokerage reported quarterly profits that far exceeded...
FEMA Director Promises to Keep Recovery Funds Flowing
May 23 2005 // The hurricanes of 2004 taxed the Federal Emergency Management Agency to its limits, Michael Brown, FEMA director and undersecretary of the Department of Homeland Security, told more than 1,500 state emergency managers...
