Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
CFO Gives Hurricane Response Status Report; Fla. Mediation Begins Nov. 22
Nov 12 2004 // Following a recent emergency rule setting deadlines for processing claims there have been almost 17 percent fewer calls from consumers experiencing delays when dealing with an adjuster, according to the Florida Department...
Mo. Malpractice Claims Fall But Premiums Rise
Nov 9 2004 // The number of medical malpractice claims filed and paid is declining in Missouri, yet physicians’ premiums are rising, according to a report from the state Insurance Department. New medical malpractice claims dropped...
RemedyTemp to Appeal Workers' Comp Case Appeals Court Ruling
Nov 8 2004 // The California Insurance Guarantee Association (CIGA), will not be held responsible for covering workers’ comp claims filed by 500 of the staffing agency’s employees who were insured by insolvent carrier...
ISO: INSURERS WILL PAY ESTIMATED $3.245 BILLION ON HURRICANE JEANNE CLAIMS:
Nov 8 2004 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.245 billion for insured property losses from Hurricane Jeanne, according to preliminary estimates by ISO’s Property Claim...
Underinsured Homeowner Problem Revisited on Anniversary of Calif. Wildfires
Nov 8 2004 // Replacement cost, policy limits, and non-renewal of policies were the source of a heated debate in a day-long hearing investigating underinsured homeowners affected by last year’s wildfires. California Insurance...
Claims Adjuster Arrested on Fraud,Theft Charges
Nov 4 2004 // Michael Anthony Green, 43, of Hawthorne, Calif., surrendered himself to Orange County authorities after a warrant had been issued for his arrest. His arrest is the result of an investigation by the California Department of...
U.K. Asbestos Claims Could Top $36 Billion
Nov 2 2004 // A new study of asbestos related diseases in the U.K., as reported by the BBC, indicates that total claims could reach £20 billion ($36 billion) over the next 30 years. According to actuarial estimates, about half that...
Mass.Claims Carnival Operator Lacked Safety Records
Nov 1 2004 // A carnival ride accident that threw a Massachusets man to his death last month was caused by a chain reaction that started when the safety bar holding the man and his companion in place failed, causing their weight to...
Lorillard Wins N.Y. Cigarette Suit
Nov 1 2004 // Tobacco company Lorillard says it has won an individual smoker trial with claims related to the asbestos in the original Kent filter and claims related to tobacco use. In a unanimous verdict, a Manhattan state court jury...
PIAA Takes Stand Against Hunter’s Med-Mal Claims
Nov 1 2004 // Actuary J. Robert Hunter has reportedly published another bogus analysis of the medical malpractice insurance industry, once again using one of his front groups, Americans for Insurance Reform (AIR), as the...
Anchor Claims Management Expands Client Base
Oct 28 2004 // Carrollton, Texas-based Anchor Anchor Claims Management Inc., (ACM), an affiliate of the Combined Independent Agencies, announced that it is expanding its client base to include certified self-insurers, and self-funded...
Guy Carpenter Unveils Reveal for Workers’ Comp Risks
Oct 27 2004 // Guy Carpenter & Company Inc. has announced the introduction of the Reveal model, a refined exposure rating tool that helps to identify the drivers of costly excess losses within workers’ compensation...
ISO: Insurers Will Pay Estimated $3.245 Billion on Hurricane Jeanne Claims
Oct 26 2004 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.245 billion for insured property losses from Hurricane Jeanne, according to preliminary estimates by ISO’s Property Claim...
Fireman’s Fund Reports Single Deductible for Fla. Claims
Oct 26 2004 // The rapid succession of Hurricanes Charley, Frances, Ivan and Jeanne has reportedly prompted Fireman’s Fund Insurance Co. to allow its homeowners policyholders to treat property damage from the four storms as one...
Professional Liability in the Medical Arena
Oct 25 2004 // Whether a patient, a health care provider or an insurer, everyone seems to be aware of what is going on in the medical world these days. There is general agreement that health care costs are rising, more people are going...
HURRICANE IVAN LOSSES IN ALABAMA $279M TO $325M:
Oct 25 2004 // Alabama-based The Alfa Insurance Group and Alfa Corporation have commented on the effects of Hurricane Ivan. “Hurricane Ivan had a significant impact on certain counties in Alabama and created a large number of...
Oklahoma Sees Drop in Medical Malpractice Claims But Not Rates
Oct 25 2004 // In the year since Gov. Brad Henry signed the Affordable Access to Health Care Act (Senate Bill 629), Oklahoma has seen fewer medical malpractice lawsuits, the Associated Press reported. Between July 2003 and July 2004 the...
LDI SAYS IVAN COSTS NEARLY $7.2M:
Oct 25 2004 // Louisiana Commissioner of Insurance Robert Wooley announced that the Louisiana Department of Insurance’s first estimate of Hurricane Ivan damage in Louisiana is $7,170,000.00, based on a survey of the major insurance...
Professional Liability: Will the Cycle Remain Unbroken’
Oct 25 2004 // Some say it’s over—the hard market, that is. Certainly in some areas of professional liability this is true. Many renewal premiums in 2004 are flat, or are even dropping by 10 percent or more. Not withstanding the...
The Midland Co. Reports Q3 Profit
Oct 21 2004 // Cincinnati-based The Midland Company, a provider of specialty insurance products and services, reported results for the third quarter ended Sept. 30, 2004. Net income per share was 12 cents, which included 1 cent in...
