Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
Control of Medical Costs in Texas Workers’ Comp System is Vital
Mar 24 2003 // Texas is a king size state with king size problems regarding medical care costs in its workers’ compensation system. However, Texas’ workers’ compensation system is not alone in facing escalating medical...
Managing Claims
Mar 24 2003 // In these days of sky high premium rates a sales person needs an edge when trying to close a sale. Many firms are adding extra services to woo new clients and retain the existing ones as well. These ideas are great....
St. Paul Cos. Adopts AMS’ TransactNOW
Mar 21 2003 // The St. Paul Cos. has adopted TransactNOW technology in partnership with AMS Services, Inc. This new technology gives agents and brokers the ability to process billing and claims inquiry transactions directly from their...
New PC Loss Survey Shows Accident Claims Outpace Thefts
Mar 18 2003 // Personal computer owners who filed loss claims in 2002 were nearly five times more likely to have experienced accidental damage than theft, according to a survey released by Safeware, The Insurance Agency Inc. Accidental...
Calif. Commissioner Seeks ‘Fair Claims’ Reg Changes
Mar 17 2003 // Acting to provide greater protection for consumers who file insurance claims, Calif. Insurance Commissioner John Garamendi has proposed amendments to the Fair Claims Settlement Practices (FCSP) regulations, which govern...
AVIVA’s Delta Lloyd “Goes Live” with FINEOS Claims Management System
Mar 14 2003 // FINEOS Corporation, a leading innovator of banking and insurance software, announced that Delta Lloyd NV, a member of the U.K.-based AVIVA plc international insurance group (formerly CGNU plc), has gone live with its...
Ariz. Man Indicted on Multiple Fraud Counts in Nev.
Mar 11 2003 // Nevada’s Clark County Grand Jury indicted Pavel Daniel Oprea, 37, on nine felony counts of insurance fraud including three counts each of the following: false application to insurer, false claim for insurance...
New Swiss Re Technical Publication Issued for Calculating Claims Ratio in Third Party Auto Liability Insurance
Mar 10 2003 // Swiss Re announced that it has published a new brochure on the “Pricing of motor quota share treaties,” which will give brokers and insurers a guide on “how premiums can be profitably priced in ther...
EPLI-Higher Prices, More Claims, Tighter Underwriting
Mar 10 2003 // It is often said that every situation has a light at the end of the tunnel, but the employment practices liability scene may have to squint just a little harder to see those rays of hope while higher prices, more courtroom...
Quackenbush Breaks the Silence
Feb 25 2003 // Insurance Journal senior staff writer Dave Thomas, along with publisher Mark Wells, recently caught up with former California Insurance Commissioner Chuck Quackenbush. Quackenbush, who has been working in Hawaii as a...
Va. Lawmakers Consider Tightening Use of Insurers’ Underwriting, Rating Tools
Feb 24 2003 // As the final days of the 2003 Virginia legislative session unfold, lawmakers are considering several bills that would impact the resources insurance companies currently use to underwrite and rate their products. Senate...
Nelson Promoted to VP of Advanced Risk Technologies
Feb 24 2003 // Concord, Calif.-based Advanced Risk Technologies Insurance Services (ART) announced the promotion of Leticia Nelson from assistant vice president to vice president. In this role, Nelson is charged with managing the...
Ohio Casualty Cuts Claims Staff
Feb 24 2003 // Ohio Casualty Corp. has laid off 87 claims staffers, which the company says will save $1.8 million this year and $4 million annually thereafter. The Fairfield, Ohio, insurer says the cuts will not affect claims service...
Former Claims Rep Arrested
Feb 24 2003 // Investigators with the CDI Organized Auto Fraud Interdiction Task Force arrested Thomas Eugene Jackson, 53, at his residence in Elk Grove, Calif., on 83 felony counts of embezzlement and five felony counts of fraudulent...
Quackenbush Breaks the Silence
Feb 24 2003 // Insurance Journal senior staff writer Dave Thomas, along with publisher Mark Wells, recently caught up with former California Insurance Commissioner Chuck Quackenbush. Quackenbush, who has been working in Hawaii as a...
Med Mal Fever: When Doctors Walk Out, Politicians Notice
Feb 24 2003 // They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and...
Rainbow International to Service Water Claims for Texas Select Lloyds
Feb 18 2003 // Rainbow International® Carpet Care and Restoration Specialist announced that through an agreement with Texas Select Lloyds Insurance Company it will become a preferred vendor for water remediation claims for Select...
P/C Insurers Expected to Pay $5.8B for Insured Property-Loss Catastrophe Losses
Feb 14 2003 // U.S. property/casualty insurers are expected to pay an estimated $5.8 billion in insured property-loss claims from catastrophes last year, making 2002 the fourth-lowest year in losses in the last 10, according to...
Century Announces Staff Promotions and Additions
Feb 13 2003 // Century Insurance Group, an Ohio-based specialty lines insurer, has announced several staff promotions and additions in its Eastern and Western regional offices. The changes in the underwriting and claims departments...
