Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
N.Y. Woman Arrested for Prescription Claims Fraud
Jul 9 2003 // New York’s Superintendent of Insurance Gregory V. Serio announced that an investigation into a fraudulent prescription drug reimbursement claim has resulted in the arrest of Lynn Blake, 37, of Middletown, New York,...
NEW INDUSTRY STUDY CLAIMS CREDIT SCORING VALID
Jul 7 2003 // In the largest and reportedly most comprehensive study ever undertaken on the connection between credit history and insurance risk, a team of researchers has found that a consumer’s credit-based insurance score is...
Royal & SunAlliance Enhances ARMS Risk Reporting Tool
Jul 3 2003 // Royal & SunAlliance USA, based in Charlotte, N.C., announced improvements to its Advanced Risk Management System, known as ARMS, which now features a series of enhancements that will enable clients to make business...
Corporate Systems, Great American Form Partnership
Jul 3 2003 // Amarillo, Texas-based Corporate Systems Inc., a property/casualty claims lifecycle management and reporting solutions provider, announced that Great American Insurance Group successfully implemented CS TeleClaim and EDI...
David Morse & Associates Opens R.I. Office
Jul 2 2003 // L.A.-based David Morse & Associates, a national claims administration and independent adjusting company, announced that it has opened a new claims office in Providence, Rhode Island, which will facilitate claims...
Linda Bowen Joins Certus Claims as Managing Director
Jul 1 2003 // Ventura, Calif.-based Certus Claims Administration, LLC announced the appointment of Linda S. Bowen as the managing director of Certus Claims. Bowen comes to Certus Claims from Inswork Solutions where she served as...
Study: Ill. W/C Costs Higher Than Most
Jun 25 2003 // Workers’ compensation costs per claim in Illinois were among the highest of the states analyzed in a new study and continuing to rise, according to the Workers Compensation Research Institute (WCRI). The study of 12...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
Inside the Contractors Market
Jun 23 2003 // If you find placing contractors insurance these days almost as daunting as building the house, condo, apartment or other facility itself, you are not alone. A restrictive market, high minimum premiums and tighter...
CSAA Selects Iteration’s Real-Time Reporting Suite
Jun 18 2003 // Iteration Software announced that the California State Automobile Association (CSAA) has chosen the Iteration Real-time Reporting Suite(TM) as the standard information delivery solution for the CSAA Claims...
IBC Analysis Confirms Increased Auto Claims Costs
Jun 18 2003 //
Lloyd’s Equitas Reports Fiscal Year Results
Jun 13 2003 // Equitas, the runoff vehicle established by Lloyd’s in 1996 to handle claims liabilities prior to 1992, principally asbestos and environmental claims, announced decreases in its reserves for the fiscal year ended 31...
Arkansas Gets Tough on Illegal Plans
Jun 9 2003 // Cracking down on a number of illegal benefits plans that have cropped up in his state, Arkansas Insurance Commissioner Mike Pickens revoked the licenses of four insurance agents who sold or were involved in the marketing...
TEXAS MOLD CLAIMS HIT $4 BILLION:
Jun 9 2003 // Texas insurance companies paid out around $4 billion for mold claims in the past three years. According to the Insurance Council of Texas, an insurance trade association, mold claims have represented a larger monetary loss...
Emerging Exposures Lead To New Coverage Issues
Jun 9 2003 // Coverage for technology torts—”techno-torts” or “cybertorts”—is limited under the standard general liability policy. “Coverage A” of the standard CGL form requires bodily injury or...
Lloyd’s Names Jeremy Pinchin to Head New Reinsurance & Claims Post
Jun 6 2003 // Lloyd’s of London’s Franchise Performance Director, Rolf Tolle, announced that Jeremy Pinchin, previously Special Counsel for September 11th claims, will head a newly created department of Reinsurance and...
Houston Law Firm Claims a Win in Battle Against Insurer
Jun 4 2003 // Houston-based Hicks Thomas & Lilienstern announced that a Harris County jury found in favor of the firm and awarded $150,000 in attorneys fees it incurred in a dispute with the firm’s insurance carrier, Valley...
N.Y. Holocaust Survivors to Receive $1.1 Million from ICHEIC
Jun 3 2003 // New York Department of Insurance Superintendent Gregory V. Serio announced that the state’s “Holocaust survivors will benefit from an initial payment of $1.1 million being allocated to four social service...
Baldwinsville, N.Y. Man Arrested for Making Fraudulent Property Claims
Jun 2 2003 // It was a busy week for the New York Insurance Department’s Fraud Squad. In addition to arresting three men charged in a motorcycle scam ring in the Bronx (see previous article), Superintendent Gregory V. Serio also...
Mold Claims Hit $4 Billion in Texas
May 27 2003 // Texas insurance companies have paid out just under $4 billion for mold claims in the past three years. According to the Insurance Council of Texas, an insurance trade association, mold claims have represented a larger...
