Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
TX WORKERS’ COMP COSTS RISE
Feb 10 2003 // A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’...
Avoiding Waiver, Estoppel & Other Things That Go Bump In The Night
Feb 10 2003 // Every claims professional generally understands the need for reserving the carrier’s rights when a claim is made. Every claims handler understands many of the risks that go along with failure to reserve either timely...
The Evolving Character of Technology Outsourcing
Feb 10 2003 // Perhaps it’s time to replace the word “outsourcing” with a new term. This might be especially appropriate for some of the technology outsourcing options available to the insurance industry today. To some,...
Calif. Commissioner Testifies Before Assembly Insurance Committee
Feb 7 2003 // California Insurance Commissioner John Garamendi testified before the Assembly Insurance Committee recently, discussing the impact of water damage and mold on consumers and the insurance industry. Below is the text of his...
AIA Applauds La. Clarification Regarding Absolute Pollution Exclusions
Feb 6 2003 // The Louisiana Department of Insurance’s recent clarification how insurers may use absolute pollution exclusions on commercial lines policies, is expected to ease industry concerns over the application of previously...
PIFC Explains Reasons for Recent Homeowners Insurance Premium Increases
Feb 5 2003 // Diane Colborn, vice president of the Personal Insurance Federation of California (PIFC), told the Assembly Insurance Committee earlier today that the most significant factor in recent homeowners insurance premium increases...
NAII Files Amicus Brief in Ill. Upholding Validity of Appraisal Clause in Claims
Jan 31 2003 // The National Association of Independent Insurers (NAII) filed an amicus brief this week with the Illinois Supreme Court to dispute an attempt by the Illinois trial bar to regulate the insurance industry in the...
Risk Retention Groups Owning Up to Success
Jan 27 2003 // Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps...
TX Workers’ Comp Costs Per Claim Keep Rising
Jan 27 2003 // A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’...
ISO Launches ‘Pay as You Go’
Jan 27 2003 // Insurance Services Office (ISO), has launched a new “Pay as You Go” pricing model for its Claims Outcome AdvisorTM (COATM) personal injury claims solution. The new pricing option enables insurance companies,...
Progressive Debuts First Motorcycle, ATV, RV and Boat Claims Training Center
Jan 23 2003 // Ohio-based Progressive announced the opening of two new expanded auto insurance claims training facilities and the industry’s first center dedicated to training representatives to handle motorcycle, ATV, RV, boat and...
Travelers Pursues Implementation of Web-Based Med. Billing, Reporting for Workers’ Comp Business
Jan 17 2003 // Travelers Property Casualty Corp. is pursuing implementation of web-based medical billing and reporting for its workers’ compensation business. This connectivity, enabled by services from P2P Link LLC, will mark...
Michael Flaharty Named Managing Director of New GAB Robins Consulting Group
Jan 16 2003 // The GAB Robins Group of Companies, a leading claims services firm, announced that it has formed GAB Robins Capital Partners Consulting Group and appointed Michael Flaharty, an internationally recognized expert on claims...
Fireman’s Fund Taps St. Louis for Expedited Claim-Handling Operation
Jan 15 2003 // Fireman’s Fund has chosen St. Louis as the site to expand its expedited claim-handling operation. To be housed at the company’s Earth City office, the center will include 15 managers, many of whom will relocate...
Oxendine Helps Georgians Retrieve $18.7 Million in Claims
Jan 15 2003 // Georgia Insurance Commissioner John W. Oxendine announced that the Consumer Services Division of the Georgia Department of Insurance helped tens of thousands of Georgia consumers settle insurance company disputes in 2002,...
AAI Disappointed with U.S. Supreme Court Ruling on Asbestos Liability Claims
Jan 14 2003 // The Alliance of American Insurers (AAI) says it is disappointed with Monday’s decision by the U.S. Supreme Court to reject an appeal that would have consolidated tens of thousands of asbestos liability claims into...
ECONOMIC FACTORS FUELING P/C RATES
Jan 13 2003 // Economic factors such as rapidly increasing claims costs, not some alleged conspiracy aimed at taking advantage of the American public, is driving increases in insurance premiums, according to the Alliance of American...
Fraud, Leaving its Prints on the Industry
Jan 13 2003 // Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of...
Fraud, Leaving its Prints on the Industry
Jan 13 2003 // Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of...
Ariz. DOI Fines State National $110,00 for Auto Violations
Jan 10 2003 // The Arizona Department of Insurance ordered State National Insurance Company to cease and desist from violating auto insurance laws on Dec. 10, 2002. The Department of Insurance conducted an examination of the automobile...
