Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Calif. Workers’ Comp Claims Examiner Arrested
Dec 10 2002 // Investigators with the California Department of Insurance (CDI), Criminal Investigations Branch’s Fraud Division arrested Elisa I. Guillermo, 38, of Concord, Calif., and her sister, Juliet I. Armstrong, 41, also of...
Nationwide Says Winter Storm Claims Expected To Top $27 Million
Dec 10 2002 // Ohio-based Nationwide Insurance reported that it expects to receive more than 11,000 claims from the recent winter storms in North Carolina and South Carolina, and estimates insured policyholder losses eventually could be...
ADP Claims Services Announces Web-based Claims Management
Dec 9 2002 // Calif.-based ADP Claims Services Group, a provider of information services for the insurance, collision repair and automotive recycling industries announced at the International Autobody Congress and Exposition (NACE) 2002...
Travelers Introduces New D&O Liability Policy
Dec 6 2002 // Travelers Bond, a division of Travelers Property Casualty Corp. has unveiled Broad Form PLUS+(SM), a new policy that offers personal asset protection for directors and officers when primary coverage and/or indemnification...
Top 5 Reasons Calif. Homeowners Insurance Rates are Rising
Dec 6 2002 // Representatives from the Personal Insurance Federation of California (PIFC), the Association of California Insurance Companies (ACIC) and the American Insurance Association (AIA) recently announced the top five reasons...
Equitas Reports Six-month Results
Dec 5 2002 // Equitas, the run-off vehicle set up by Lloyd’s to handle pre-1993 claims, reported its results for the six months ending Sept. 30. Overall claims paid dropped to £451 million ($704 million), compared to £798...
ADP Launches Web-Based Estimate Auditing Tool for Auto Claims
Dec 3 2002 // ADP Claims Services Group announced the general availability of Claimsflo Passport version 3.0, the automotive claims industry’s first web-based auditing tool. Passport version 3.0 audits 100 percent of estimates...
ACIC President Responds to Misleading Comments on Market Conditions
Nov 28 2002 // The following letter to the editor of the San Diego Union-Tribune, authored by Association of California Insurance Companies president Sam Sorich, is regarding insurers’ investment income impact on premiums and rates...
ISO Complements EPL Program with Reinsurance, Claims-Handling Services from FairBoss
Nov 27 2002 // Insurance Services Office, Inc. (ISO) has complemented ISO Employers AdvantageSM employment-practices liability (EPL) program through a marketing relationship with FairBoss Underwriters, Inc. (FBU), which provides...
UnumProvident Fights Recent Allegations
Nov 19 2002 // UnumProvident Corporation, a provider of disability insurance, has been the victim of recent negative publicity surrounding claims handling practices, according to the company. Behind the allegations reportedly are a...
Crawford Lands R&SA, Hartford Accounts
Nov 14 2002 // Crawford & Company, an independent provider of claims management solutions to insurance companies and self-insured entities, and based in Atlanta, announced new contracts with both Royal & Sun Alliance...
NSI Settles Beaumont, Texas Asbestos Claims
Nov 14 2002 // National Service Industries announced that it has entered into an agreement in principle to settle a significant number of asbestos claims currently pending against the company in Jefferson County (Beaumont) and Orange...
Nationwide Estimates Storm Claims May Top $17.5 Million
Nov 14 2002 // Ohio-based Nationwide Insurance, the country’s fourth largest homeowners’ insurer, announced that it estimates that insured policyholder losses from last weekend’s tornadoes and hail storms could be more...
IRC Report Shows Falling Auto Accident Rates, Higher Injury Claim Rates
Nov 12 2002 // The frequency of auto accidents since 1980 has dropped by 16 percent. During the same time period, however, the frequency of auto injury claims rose 26 percent. These findings are revealed in a study recently released by...
Police Reports Now Available Via ISO’s All-Claims System
Nov 12 2002 // Insurance Services Office Inc. (ISO) now offers police reports as part of its public records offering on the ISO ClaimSearch® antifraud system. The enhancement of ISO ClaimSearch service includes access through its...
No Duty to Investigate Before Terminating Agent
Nov 11 2002 // In Texas Farm Bureau Mut. Ins. Co. v. Sears, the Texas Supreme Court addressed what duties an insurance company owes an independent agent when terminating an “at will” relationship. No. 01-0851 (Tex., Aug. 30,...
Asbestos Expert to Address ISOTech Conference Nov. 12
Nov 7 2002 // David Austern, president of Claims Resolution Management Corporation (CRMC), a pioneer in asbestos claims resolution, will discuss issues affecting the insurance industry regarding asbestos litigation Nov. 12 at the...
ISO Develops New Claim Diagnostic Service to Benchmark Insurers’ Claims Settlement Practices
Nov 7 2002 // Insurance Services Office, Inc. (ISO) has developed a new claim diagnostic service for liability and workers’ compensation insurance companies to benchmark companywide claims settlement practices and compare those...
Ballard Sues Farmers Over Accusations
Nov 6 2002 // Austin, Texas-based homeowner advocate, Melinda Ballard, announced she filed a lawsuit in Travis County District Court against Farmers Insurance (Farmers) and its paid spokesman for falsely accusing her of committing...
Ky. Supreme Court Rules on Parental Consortium Claims
Nov 5 2002 // The Kentucky Supreme Court unanimously ruled in Daley v. Reed recently that a claim for loss of parental companionship and services is payable under the “each person” limit, not the “each accident”...
