Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Damage from Central Texas Storm Nearing $100 Million
Mar 30 2005 // Two Texas-based insurance industry trade associations released preliminary estimations of the cost of damages from the strong hailstorm that hit Central Texas on Friday, March 24. According to the Southwestern Insurance...
Alabama Insurance Commission Deadline Passes, Insurers Have 30 Days to Pay Claims
Mar 29 2005 // The March 25 deadline, set by the Alabama Department of Insurance for insurers to settle Hurricane Ivan-related claims or report to the department why they have not been settled, has passed and according to a DoI...
Mich. Catastrophic Claims Assessment Up 11%
Mar 25 2005 // The Michigan Claims Catastrophic Association increased its annual assessment to insurers by 11 percent to $141.70 per insured vehicle from $127.24, drawing sharp criticism from the state’s insurance regulator. In a...
ABI Says Authorities Expose $6.55 Million a Week in U.K. Insurance Fraud
Mar 24 2005 // According to figures recently issued Association of British Insurers (ABI), the “net is tightening” on the U.K.’s insurance cheats. The figures show a “dramatic rise in the value of fraudulent...
Law Professors’ Medical Liability Findings Baffle Texas Health Care Community
Mar 24 2005 // The Texas medical community collectively scratched its head recently as newspaper headlines trumpeted a new study claiming that increases in physicians’ medical liability insurance premiums were not the result of...
S.C. Regulators Declare Two Insurance Cos. Insolvent
Mar 24 2005 // South Carolina Insurance Co., part of the Columbia-based Seibels Bruce family, has been declared insolvent by state insurance regulators and will be liquidated. The company and its subsidiary, Consolidated American...
Crawford & Company U.S. Quality Award Program Honors Employee Performance
Mar 23 2005 // Crawford & Company, of Atlanta has announced its 2004 winners of its U.S. Quality Award Program. The program recognizes Crawford employees and branches for consistent outstanding performance in producing a quality...
Pennsylvania Keeps Its Workers’ Compensation Costs Under Control
Mar 21 2005 // Costs per workers’ compensation claim in Pennsylvania rose 6 percent between 2001 and 2002, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute. This contrasts with more...
Florida, Alabama Get Tough on Unpaid Claims
Mar 21 2005 // Thousands of irate homeowners mobbed state insurance officials in Florida and Alabama to complain about a wait of more than six months for their claims to be settled from the 2004 hurricanes. Tom Gall-agher, Florida Chief...
More Data Needed?
Mar 21 2005 // In 2003 Texans voted for Proposition 12, which placed limits on jury awards in medical malpractice lawsuits. Currently, the U.S. Congress and the Oklahoma Legislature, among others, are considering similar tort reform...
Workers’ Comp Varies Widely; Reforms Slow to Enact, Enforce
Mar 21 2005 // Employer responsibility for the expense of accidents and in some cases occupational illnesses, varies from state to state. Em-ployers must provide reasonable information, rules, supervision, training and safety. The word...
Roofing Contractors, Workers’ Compensation Insurance and Profits
Mar 21 2005 // Making the Puzzle Pieces Fit Begin a conversation with any roofing contractor with the words workers’ comp insurance and profits in the same sentence and you’ll probably be met with a confused look. By all...
Fla. Cabinet’s Emergency Rule ‘Holds Insurers Feet to the Fire’ to Expedite Open Hurricane Claims
Mar 18 2005 // In response to a call by the Florida’s Chief Financial Officer Tom Gallagher, Gov. Jeb Bush and the Cabinet has approved an emergency rule to expedite the resolution of open claims from last year’s tropical...
CNA to Sell Med-Mal Claims Service Division
Mar 18 2005 // CNA Financial Corporation has entered into a definitive agreement to sell Caronia Corporation, a third-party claims administrator focused on medical professional liability, to Octagon Risk Services, Inc., a subsidiary of...
Pa. Sees Slower Growth in Workers’ Compensation Claim Costs, According to WCRI Study
Mar 15 2005 // Costs per workers’ compensation claim in Pennsylvania rose 6 percent between 2001 and 2002, according to a new report by the Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). This contrasts with...
Warren Named Beecher Carlson Holdings Senior Vice President in Atlanta
Mar 14 2005 // Janet Warren has been appointed senior vice president and claims practice leader of Beecher Carlson Holdings Inc. in Atlanta. Warren will be responsible for establishing and managing Beecher Carlson’s claims practice...
500 Consumers Attend Punta Gorda, Fla. Town Hall Meetings; Gallagher, Insurance Reps Hear Complaints
Mar 14 2005 // More than 100 consumers spent five-and-a-half hours March 12 voicing their concerns about unpaid insurance claims in the aftermath of Hurricane Charley at a town hall meeting in Punta Gorda, Fla. attended by Chief...
Four More Banks Settle Worldcom Claims
Mar 11 2005 // Four investment banks this week agreed to pay a total of $428.4 million to settle claims stemming from a class-action lawsuit brought by former shareholders of WorldCom Inc. New York state Comptroller Alan Hevesi said in a...
Key Items Still Need to be Resolved in NCOIL Claims History Info Use Model
Mar 8 2005 // Model legislation that would restrict how insurers could use claims history information when underwriting property-casualty insurance coverage moved several steps closer to a vote when the National Conference of Insurance...
Heads Up! Employees at Large
Mar 7 2005 // Wal-Mart, Morgan Stanley, Boeing, Texaco, State Farm and Farmers have all been the targets of recent employment practices lawsuits. Wal-Mart was hit with sexual harassment charges. Farmers was sued for wrongful...
