Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Progressive Steps Up Claims Service
Apr 9 2003 // Leading auto insurer Progressive Insurance Co., well known for its claims service, is now stepping up that service to the next level, according to a statement released by the company. The Mayfield Village, Ohio-based...
Alabama Announces Regulation Hearings
Apr 7 2003 // The Alabama Department of Insurance has scheduled regulation hearings for May 6 and May 21, 2003. The May 6 hearing will address the adoption of regulations concerning customer privacy and use of credit information....
CALIF COMMISSIONER SEEKS ‘FAIR CLAIMS’ REG. CHANGES
Apr 7 2003 // Acting to provide greater protection for consumers who file insurance claims, California Commissioner John Garamendi has proposed amendments to the Fair Claims Settlement Practices (FCSP) regulations, which govern how...
Hard Market Hits California Homeowners
Apr 7 2003 // Credit scoring, CLUE reports become targets of Commissioner Garamendi’s Ire The hard market has hit California homeowners hard. State Farm, which had nearly 23 percent market share in the state in 2001 according to...
Are Cost, Availability of Calif. Homeowners Insurance at Crisis Proportions’
Apr 7 2003 // Today, the California personal lines industry is at the peak of a down cycle that has adversely affected the homeowners’ insurance marketplace. The downturn began in 2000, and worsened after the Sept. 11 attack on...
TX WATER CLAIMS BILLGOES TO SEN.
Apr 7 2003 // Legislation authored by Texas Senator Troy Fraser to speed insurance companies’ response to water damage claims, limit the amount insurers can charge homeowners for previous water damage claims, and require the...
Lindsey Morden Agrees to Acquire RSKCo Services
Apr 3 2003 // The Toronto-based–Lindsey Morden Group Inc. (LMG) announced that its wholly-owned subsidiary, Cunningham Lindsey U.S., Inc., has entered into a definitive agreement to acquire RSKCo Services, Inc. from Continental...
Equitas Settles Honeywell Asbestos Claims for $472 Million
Apr 2 2003 // Equitas, the Lloyd’s runoff vehicle established to handle claims prior to 1992, and Honeywell International jointly announced that they have “reached a comprehensive policy buy-back settlement of all insurance...
Unitrin Selects Fiserv Claims Workstation
Apr 2 2003 // Fiserv Advanced Insurance Solutions (AIS), a unit of Fiserv Inc. reported that Unitrin Specialty Lines Insurance, headquartered in Dallas, Texas, signed a licensing agreement for the Fiserv AIS Claims Workstation. Unitrin...
World’s Largets Writing Catalog for Claims Professionals Plans Spring Expansion
Apr 2 2003 // “The Claims Writer’s Catalog,” the world’s large listing of low-cost reports, posters, books, and services aimed at helping insurance professionals improve their communications, will add four new...
CIGA Signs Five Year Deal With Kemper Services
Apr 1 2003 // The California Insurance Guarantee Association (CIGA) has signed a five year claim services contract with Kemper Services, according to Patricia A. Drago, president of Kemper Services. “Our contract with CIGA is a...
Ohio Casualty Installs Mitchell’s Web-Based Claims Software
Apr 1 2003 // The member companies of Ohio Casualty Group (OCG) are installing Mitchell International Inc.’s Web-based claims workflow solution for auto physical damage claims. OCG’s choice, part of the eMitchell solutions...
CIGA Inks Five Year Deal with Kemper Services
Mar 31 2003 // The California Insurance Guarantee Association (CIGA) has signed a five year, claim services contract with Kemper Services, according to Patricia Drago, president of Kemper Services. “Our contract with CIGA is a big...
Cunningham Lindsey U.S. Appoints Eisenmann Chairman & CEO
Mar 28 2003 // Lindsey Morden Group Inc. announced that Stephen A. Eisenmann joined Cunningham Lindsey U.S. Inc. as chairman and chief executive officer. Cunningham Lindsey U.S. specializes in independent insurance claims adjusting,...
Water Claims Legislation Passes TX Senate Committee
Mar 27 2003 // Legislation authored by Texas Senator Troy Fraser to speed insurance companies’ response to water damage claims, limit the amount insurers can charge homeowners for previous water damage claims, and require the...
Equitas Announces Management Succession and Board Changes
Mar 27 2003 // Equitas, the specialty fund vehicle established by Lloyd’s to reinsure and run off the liabilities of London syndicates for 1992 and prior years, confirmed an announcement, originally made last December, that Michael...
PLRB Conf. Set for March 30-April 2
Mar 24 2003 // A record crowd has registered for this year’s Claims Conference & Insurance Services Expo, which will be held March 30 – April 2 at the Dolphin and Swan Hotels at Disney World in Orlando. More than 3,000...
Resurrection-First Steps to WTC Resurrection as Coverage Fight Continues
Mar 24 2003 // With the selection of the design submitted by Berlin-based architect Daniel Libeskind, rebuilding of the World Trade Center site has begun. Walking around the 16 acres of open space in the heart of New York one finally...
Study Says Lower Scores Mean Higher Loss Claims
Mar 24 2003 // The lower a named insured’s credit score, the higher the probability that the insured will incur losses on an automobile insurance policy, and the higher the expected loss on the policy.” That’s the...
Clarifying ‘Election of Remedies’ in Workers’ Comp Claims
Mar 24 2003 // In a flurry of recent cases, Texas courts have tried to clarify various issues regarding election of remedies in the context of workers’ compensation insurance. These issues arise in various circumstances. Two...
