Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Ianet, Scene Genesis Form Partnership
Jan 21 2002 // IAnet, the nationwide network of independent adjusters, appraisers, and insurance claims professionals, is bringing property & casualty (P&C) insurance companies electronic access to its 1,500-member network as...
Conning and Co. Reports P/C Insurer Reserves Inadequate to Cover Rising Cost of Claims
Jan 18 2002 // According to a Business Wire report, insurers will have to strengthen their loss reserves in order to be able to meet future claims, as stated in a new Conning & Company study. Though property-casualty rates have been...
EAutoclaims, CenCal Insurance Services Sign Two-Year Exclusive Agreement
Jan 18 2002 // eAutoclaims, which provides the insurance industry with online claims management solutions through both an ASP and outsourcing solutions services, has entered into a two-year exclusive agreement with CenCal Insurance...
Serio Claims Much Lower WTC Losses
Jan 18 2002 // According to The New York Post, New York Insurance Superintendent Greg Serio met before the Senate Insurance Committee recently to discuss the scope of the insurance losses resulting form the Sept. 11 attacks. According to...
Low Reminds Holocaust Survivors and Heirs of Claim Filing Deadline
Jan 17 2002 // With the deadline just less than a month away, California Insurance Commissioner Harry Low has reminded state Holocaust survivors and their heirs that they must file by Feb. 15 with the International Holocaust Commission...
SCOR Hit By Late Claims, Estimates $223 Million Loss for 2001
Jan 16 2002 // France’s SCOR announced that a late surge in claims that emerged at the end of the year has led to a downward revision of its earnings estimate for 2001. The company stated that, “In view of the combined impact...
NAII Claims CDI Unreasonably Forces Insurers to Provide Terrorism Coverage
Jan 10 2002 // California State insurance regulators announced that insurance companies must offer terrorism coverage even though Congress has failed to provide an essential backstop for insurers in the event of future terrorism...
ProMutual Opens NJ Claims Office
Jan 8 2002 // ProMutual Group, a leading provider of medical malpractice insurance in New England, announced that it has opened a local claims office in Morristown, New Jersey, headed by Cheryl M. DeKleine. Richard W. Brewer, president...
U.K. Insurers to Pay $216 Million Levy
Jan 8 2002 // The U.K.’s Financial Services Administration (FSA) will ask Britain’s general insurers to pay a levy of 0.66 percent of their premium income in order to raise £150 million ($216 million) to pay the claims...
ecDataFlow Purchases P/C Insurance Injury Profiling Solution
Jan 7 2002 // ecDataFlow, a provider of custom predictive e-commerce software, has acquired the ACES Online Claims Processing software to help streamline and expedite the property & casualty and medical claims processes. According...
Silverstein Seeks to Broaden WTC Claims Suit
Jan 2 2002 // Silverstein Properties, the master leaseholder on the destroyed World Trade Center, has opened a new front in its ongoing battle with its insurers to recover for the loss on both of the twin towers by seeking court...
Welcome to the 3rd Annual “Top Ten Stories of the Year”
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
ABA Sets Up Task Force on Insurance and Terrorism Claims
Dec 21 2001 // The American Bar Association announced the creation of a Task Force on Insurance and Terrorism Claims to address insurance issues arising out of the terrorists attacks on the World Trade Center and the Pentagon. The...
Report DnO Claims, Premiums Increase
Dec 17 2001 // A recent report in Lloyd’s List states that the number and severity of claims against directors and officers has been rising, and concludes that greater surveillance of corporate governance is leading to more legal...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
Texas Defendants Must Pay $26 Million for Defrauding State Farm
Dec 17 2001 // In Houston, U.S. District Judge Melinda Harmon ordered four defendants accused of defrauding State Farm Insurance by making false claims in hundreds of staged auto accidents to pay damages to the tune of $26...
Calif. Fund Pays More than $11M in Defaulted Workers’ Comp Claims
Dec 14 2001 // California Department of Industrial Relations Director Stephen Smith has ordered the state’s Self Insurers’ Security Fund to take charge of payment of HomeBase Inc. and San Francisco French Bread Company...
Seminar Discusses Reducing Losses and Lowering Workers’ Comp Costs
Dec 11 2001 // In a seminar attended by leading Las Vegas construction company executives, Jack Schreiner of S & C Claims Services outlined how aggressive claims handling can reduce their losses and lower worker’s compensation...
California Drivers to See Some Auto Rate Increases in the New Year
Dec 10 2001 // Auto insurers across the state are making a beeline for Sacramento with their Christmas wish list for rate hikes following several years of rate cuts for California motorists. Those insurers who were chopping rates two or...
Eautoclaims Signs Up CSAA
Dec 10 2001 // EAutoclaims, a provider to the insurance industry with online claims management solutions, announced that California State Automobile Association (CSAA), the second-largest member organization of the national AAA...
