Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
PartnerRe Believes Claims from European Windstorm Erwin to be Between $50-$60 Million
Jan 26 2005 // Bermuda-based PartnerRe Ltd. announced that claims relating to its exposure to Windstorm Erwin, which hit Northern Europe in early January, are expected to be between $50-$60 million. Windstorm Erwin battered Northern...
Study: Injury Claims are Common Despite Lower Auto Accident Rates, Fewer Serious Injuries
Jan 25 2005 // More than one in four auto accidents resulted in bodily injury liability (BI) claims in 2003, according to a recent study by the Insurance Research Council (IRC). The study, Trends in Auto Injury Claims, 2004 Edition,...
Citizens Submits “Action Plan,” Recommendations to Fla. Task Force
Jan 25 2005 // An action plan and recommendations for improvements to make Citizens Property Insurance Corporation ready to respond during a major disaster, such as last year’s devastating hurricanes, has been submitted to the...
Suspects in Insurance Fraud at Large
Jan 24 2005 // California Insurance Commissioner John Garamendi announced several arrests in a large, “paper collision” insurance fraud ring. He also asked the community to assist in locating three members who remain at...
CLAIMS REASSESSMENTS:
Jan 24 2005 // The Arkansas, Louisiana and Texas insurance departments announced their states have reached settlement agreements with UnumProvident insurance companies, which requires a re-evaluation of certain consumer-disputed...
ACE USA’s Environmental Coverage Logs Online; New Site Provides Product, Claims Reporting Information
Jan 24 2005 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced that its ACE Environmental Risk unit has introduced the capability for on-line product and claims reporting information via its new...
S.C. LAWSUIT CLAIMS HIX INSURANCE MISLED N.C. CUSTOMERS:
Jan 24 2005 // A class-action lawsuit filed in North Carolina’s Guilford Superior Court claims that Hix Insurance of Greensboro, S.C., misled thousands of North Carolina customers, especially Latinos, into unknowingly buying motor...
W. Va. Policyholders Have Until July 16 to Reassess UnumProvident Claims
Jan 14 2005 // West Virginia Insurance Commissioner, Jane L. Cline, has signed separate multi-state settlement agreements with three major disability insurance carriers owned by UnumProvident Corporation of Chattanooga, Tenn. More than...
CRM Appoints New Claims Account Coordinator
Jan 13 2005 // Irvine, Calif.-based Compensation Risk Managers of California, LLC (CRM) has announced the appointment of Edward Low as the firm’s new claims account coordinator for California. Low has extensive experience in...
