Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Ga. Set to Repeal Workers’ Comp Subsequent Injury Trust Fund
Apr 2 2004 // The Georgia Senate on Thursday passed and sent to the governor legislation eliminating the reported outdated and costly state-sponsored workers’ compensation Subsequent Injury Trust Fund (SITF). H.B. 1579, introduced...
Safeco Settles Suit, May Face $3 million in Claims
Apr 2 2004 // Safeco auto insurance customers who were injured by uninsured or underinsured motorists or who filed medical claims during the last eight years may be able to collect additional compensation under a court settlement...
Brokerage Growth Slowing, Study Claims
Apr 1 2004 // The eight leading brokerage firms saw only an 8 percent growth in organic revenue in the fourth quarter of 2003, according to a year-end survey by WFG Capital Advisors, an insurance industry investment banking...
Fla. Trio Make Jail Their New Home After Being Nabbed for $1.5 Million in Insurance Fraud
Mar 26 2004 // Chief Financial Officer Tom Gallagher and Attorney General Charlie Crist announced the arrests of three South Florida residents on charges that they defrauded Chubb Insurance Company with false claims netting more than...
Liability Management Systems Expands Services to Include Casualty Claims
Mar 26 2004 // San Francisco-based Liability Management Systems, LLC, a member of the FSC Group, announces the expansion of its risk and loss management practice with the addition of casualty claims consultation to serve the insurance...
Travelers Reaches Asbestos Settlement with Equitas
Mar 23 2004 // Lloyd’s runoff vehicle Equitas and Travelers Property Casualty have reached a comprehensive settlement of policies existing between Travelers and the Lloyd’s underwriters who are reinsured by Equitas. Equitas...
Adding Value in the Workers’ Comp Market Through Technical Analysis
Mar 22 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...
Mich. Ups Catastrophic Claims Charge
Mar 22 2004 // Michigan, the only state that offers unlimited lifetime medical benefits for people catastrophically injured in car crashes, said it will raise by $27 the premium included in consumers’ auto insurance bills,...
Maryland Chief Presses for Changes to Flood Program
Mar 22 2004 // Driven by complaints from victims of Hurricane Isabel, Maryland insurance officials have called for changes in the way the nation’s flood insurance program is run. “We have seen first hand the loss of homes,...
Trusting in Workers’ Compensation Self-Insurance Programs
Mar 22 2004 // For larger risks, a self-insurance plan might be the right fit As premiums for workers’ compensation rise, employers across the United States are looking for alternative ways to cover their risks. Some employers have...
One TPA Says it Has the Secret to Reining in Comp’s Transition Costs
Mar 22 2004 // At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the back reveals his muscled frame, the one that helped...
TRG CLAIMS TO BE PAID IN ARK.:
Mar 22 2004 // Arkansas Insurance Commissioner Mike Pickens said agreements have been reached regarding the payment of outstanding claims for enrollees in the health plan of TRG Marketing LLC. National Health Plans Plus Inc. (NHPP) has...
Adding Value in the Workers’ Comp Market Through Technical Analysis
Mar 22 2004 // If insurance brokers want to add value and differentiate themselves from their competitors in this hardening workers’ compensation marketplace, they should pay attention to the intricacies of how experience...
All Wrapped Up in Workers’ Comp
Mar 22 2004 // No surprise, but with the first quarter of 2004 drawing to a close, workers’ compensation remains, as it has been for many years, one of the most troubled lines of insurance in the United States. On a calendar year...
N.Y. Turns to Cybersetttle to Handle Claims with Insurers in Liquidation
Mar 17 2004 // Cybersettle, a White Plains, N.Y. online settlement company, has been contracted by the New York State Insurance Department Liquidation Bureau to accelerate the resolution of claims filed with insurance companies currently...
RTW Lands Minn. Assigned Risk Contract
Mar 15 2004 // Minneapolis-based workers’ compensation insurer and third-party administrator RTW Inc. has been awarded a three-year contract with the Minnesota Assigned Risk Plan. Under the terms of the contract, RTW will provide...
Broadspire Acquires TPA Assets
Mar 11 2004 // Lake Zurich, Ill.-based Broadspire Services Inc. has signed a definitive agreement to acquire the United States third-party administration assets of Cunningham Lindsey Claims Management Inc. and RSKCo Services Inc. from...
It Can’t Be Done: Article 21.55 and the Duty to Defend
Mar 8 2004 // Almost two years ago, I wrote a column for “Legal Beat” entitled It Couldn’t Be Done: The Policyholder’s Idea to Reinvigorate Third Party Bad Faith. The article outlined the attempts by a very...
MAJORITY OF CALIF. WILDFIRE CLAIMS RESOLVED, SAYS IINC:
Mar 8 2004 // A new insurer survey estimates that roughly three-quarters of claims stemming from the devastating October wildfires have been resolved. A poll by the Insurance Information Network of California of insurers representing...
Former Claims Adjuster, Accomplices Arrested
Mar 8 2004 // A former workers’ compensation claims adjuster and all eight of her alleged accomplices must now face felony grand theft charges after an investigation by the California Department of Insurance (CDI) Investigation...
