Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Schifrin, Gagnon & Dickey, Inc. Announces Steve Tilghman to Join Senior Management Team
Aug 19 2004 // We are excited to announce that Steve Tilghman has joined the Senior Management team at Schifrin, Gagnon & Dickey. Steve brings over thirty three years of adjusting, claims consulting and management experience in the...
GAINSCO Reports Q2 Results
Aug 16 2004 // GAINSCO Inc., headquartered in Dallas, reported net income for the second quarter 2004 of approximately $1.0 million. After the accretion of the discount on the redeemable preferred stock of approximately $0.8 million and...
21st Century Tallies Claims From Charley
Aug 16 2004 // Florida-based 21st Century Holding Co. has reported losses for Hurricane Charley. Edward (Ted) Lawson, president & chairman of the Board, commented about Federated National Insurance Company, a subsidiary of 21st...
Fla. CFO Activates System to Expedite Payment of Claims Following Charley
Aug 13 2004 // As local, state and federal officials and volunteer organizations prepare to assist residents affected by Hurricane Charley, the Department of Financial Services is gearing up to quickly help thousands of Floridians who...
Nationwide Preps for Bonnie, Charley
Aug 11 2004 // Nationwide Mutual Insurance Co. reportedly has claim representatives and agents prepared to assist customers following landfall of Tropical Storm Bonnie or Hurricane Charley. “Claims specialists will be positioned in...
Ohio BWC Reports Paid Medical Costs for WC Claims Lower Than Expected
Aug 10 2004 // The Ohio Bureau of Workers’ Compensation (BWC) announced this week paid medical costs for workers’ compensation claims were 8.5 percent, or nearly $80 million lower, than expected medical costs for fiscal year...
Calif. Supreme Court Issues Major Ruling on Insurer Bad-Faith Claims
Aug 9 2004 // The California Supreme Court threw out a lower court ruling that had resulted in a multimillion-dollar damage award against an insurance company. The Association of California Insurance Companies (ACIC) had filed an amicus...
WCRI: Pennsylvania Comp Medical Costs Per Claim Continue Growth
Aug 9 2004 // The average medical payment for workers’ compensation claims in Pennsylvania rose nearly 14 percent during the most recent period studied, according to the Workers Compensation Research Institute (WCRI). The study...
Losses Drive High Cost of Detroit Metro Auto Coverage, Insurance Lobby Says
Aug 9 2004 // Higher claims frequency and severity make it twice as expensive for insurers to offer full auto and homeowners coverage to residents in metropolitan Detroit than the state as a whole, according to a recent study conducted...
CWCI to Hold Seminar on Permanent Disability Rating
Aug 5 2004 // The California Workers’ Compensation Institute will present a seminar titled “Impairment Rating in California Workers’ Compensation: AMA Guides 101”, from 9 a.m. to 4 p.m. on Tuesday, October 5 at...
The Expanding Ability of an Insurer to Recoup Costs Expended for Uncovered Claims
Aug 4 2004 // Insurers are routinely presented with complaints filed against their insureds where some of the complaint’s allegations do not fall within the coverage provided by an insured’s insurance policy. Nevertheless,...
Safeco Launches Boat Center
Aug 4 2004 // With boating season in full swing, Seattle-based Safeco announced the launch of a new specialized claims unit dedicated to handling boaters’ insurance claims. The National Boat Unit, located in Spokane, Wash., is...
Insurance Provider Finds Patent Risks in Linux
Aug 3 2004 // Open Source Risk Management (OSRM), a provider of Open Source risk mitigation and management solutions, announced that there are 283 issued, but not yet court-validated, software patents that could be used in patent claims...
London Club Stresses Value of Cohesive Claims Defense
Aug 3 2004 // The London P&I Club reported the successful outcome of a recent dispute in the London High Court involving one of its members is an example of the critical value of swift and detailed claims investigations conducted...
North Carolina Farm Bureau Insurance Group Selects SEEC’s CSA
Aug 3 2004 // SEEC Inc., a provider of legacy modernization solutions for insurance, financial services and manufacturing, and Enterprise Web provider Plumtree Software announced that North Carolina Farm Bureau Insurance Group (NCFB)...
Ga. Commissioner: 43,000 Residents Helped to Date in 2004; $7.9 Million in Claims Recovered
Aug 3 2004 // In the first half of 2004, Georgia Insurance Commissioner John Oxendine’s Consumer Services Division helped more than 43,000 Georgia residents settle disputes with their insurance companies, returning $7,900,840 in...
Growing U.K. Compensation Culture Poses Major Threat to Profitability, Jobs, Survey Reveals
Aug 1 2004 // U.K. businesses are being increasingly hampered by the costs of dealing with the burgeoning compensation culture, which in turn is diverting management resources and financial investment away from core business and revenue...
Bridium Unveils WCIRS for Workers’ Comp Claims
Jul 28 2004 // Atlanta-based Bridium, a technology provider and custom services company for the insurance industry, has introduced WCIRS (Workers’ Compensation Injury Reporting System). Bridium developed WCIRS with features that...
Allmerica Claims ‘Solid’ Second Quarter
Jul 28 2004 // Allmerica Financial Corporation (NYSE: AFC) in Worcester, Mass, whose companies include Hanover and Citizens insurance, reported second quarter net income of $32.4 million, or $0.60 per share, compared to net income of...
IHI Insurance Services, Cal State Fullerton Develop Claims Examiner Education Program
Jul 27 2004 // In an effort to curb an impending crisis, the University Extended Education department at Cal State Fullerton announced that it has started accepting registrations for the Fall 2004 semester for the State University...
