Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
PA Court Stays Asbestos Claims Against Dresser Industries
Feb 15 2002 // According to an announcement by Halliburton Co., Chief Judge Judith Fitzgerald of the U.S. Bankruptcy Court, Western District of Pennsylvania has issued a temporary restraining order staying more than 200,000 pending...
ISO Connects Claims Outcome Advisor to ISO Claimsearch All-Claims Database
Feb 14 2002 // ISO is electronically connecting its Claims Outcome AdvisorTM (COATM), the leading bodily injury claims management system, with ISO ClaimSearch®, the property/casualty industry’s most comprehensive all-claims...
IINC Offering Advice on Filing Fire Claims
Feb 12 2002 // As strong winds fuel intense flames, many San Diego area homes remain threatened by a fast moving brushfire that hit about 60 miles north of San Diego Feb. 10. Dozens of homes have been damaged or destroyed, with only five...
Holocaust Insurance Claims Panel Faces Recriminations over Delays
Feb 11 2002 // Many European countries observed Sunday, Jan. 27 as Holocaust Memorial Day, a time set aside to honor the memory of the 12 million human beings—over six million of them Jewish—who perished at the hands of the Nazis...
RSA Ups Loss Reserves, Warns on Earnings
Feb 6 2002 // The U.K.’s Royal & Sun Alliance announced increases in its loss reserves totaling £401 million ($571 million), principally from rising estimates of future asbestos claims, which more than doubled, and...
Claims Expected to Pile up Like Snowdrifts in Midwest
Feb 6 2002 // Tens of thousands of residents of Oklahoma, Kansas and Missouri are still without power after ice storms crippled those states last week, and many thousands of residents are expected to begin filing claims for damage to...
Minn. Workers’ Comp Costs Flatten
Jan 30 2002 // After five years of decline, workers’ compensation costs in Minnesota leveled-off in 2000, according to a report released by the state’s Department of Labor and Industry (DLI). The Workers’ Compensation...
IRC Cites Fraud as Cause of NYC Claims Jump
Jan 29 2002 // A new study by the Insurance Research Council (IRC) has concluded that a 20 percent increase in claims costs in the New York metropolitan area is primarily due to widespread fraud targeting the state’s no-fault...
Lloyd’s Appoints Jeremy Pinchin as Sept. 11 Claims Coordinator
Jan 25 2002 // Lloyd’s of London has appointed Jeremy Pinchin as Special Counsel to coordinate claims connected with the Sept. 11 terrorist attacks. The position was created specifically to handle Sept. 11 claims. ” Mr....
Eagleburger Briefly Resigns as Holocaust Claims Fund Chairman
Jan 24 2002 // Former Secretary of State Lawrence Eagleburger reportedly stormed out of a meeting with European insurers yesterday, and abruptly resigned his position as Chairman of the International Commission on Holocaust Era Insurance...
Seminar Offers Opportunities Available to Explore Environmental Issues
Jan 22 2002 // Insurance Skills Center has developed a pair of workshops that address the insurance implications of toxic mold claims and Montrose issues to be offered in several California locations. The four-hour “Mold &...
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...
