Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Environmental Pollution Insurance: A Fluid and Ever-changing Market
Jul 23 2001 // Environmental pollution policies – they’re not just for oil industry giants and radioactive waste depositories anymore. Even the most seemingly benign businesses may carry the risk of producing, storing or...
Liquidators Score a Hat Trick
Jul 23 2001 // Insurance companies go through life cycles just like everyone else. Birth, life, and ultimately death by absorption or bankruptcy in order to make way for new and more efficient enterprises—but two failures in one month,...
Texas Farmers Plead Guilty to Crop Insurance Fraud
Jul 23 2001 // Three Nolan County, Texas, farmers pleaded guilty in a Lubbock federal court July 12 to filing over $540,000 in fraudulent crop insurance claims with the federal government. According to the Lubbock Avalanche-Journal, the...
Study Reports Continuing Rise in Calif. Workers’ Comp Claims Costs
Jul 19 2001 // A new study by the Workers Compensation Research Institute (WCRI) indicates California workers’ comp claim costs increased at a double-digit rate, growing by 11 percent between 1997 and 1998 (as of 1999 experience)....
Mitchell Medical, Cardiff Software to Create Scanning Claims Solution
Jul 17 2001 // Mitchell Medical, the premier provider of cost-containment solutions for medical claims processing solutions for the auto insurance industry, and Cardiff Software Inc., a leader in forms processing and eBusiness automation...
Liquidators Score a Hat Trick: Some lessons are learned as three high-profile insurers fail in as ma
Jul 16 2001 // Insurance companies go through life cycles just like everyone else. Birth, life, and ultimately death by absorption or bankruptcy in order to make way for new and more efficient enterprises—but two failures in one month,...
Farmers Issues Statement in Response to
Jul 13 2001 // Farmers Insurance Exchange, a member company of the Farmers Insurance Group of Companies, stated it is disappointed and concerned about the recent verdict against it rendered by the jury in Alameda County (Calif.) Superior...
Calif. Jury Rules in Favor of Farmers Adjusters
Jul 12 2001 // A jury has awarded a record-setting claim for overtime for a class of Farmers Insurance Adjusters in the final amount of $90,009,208 for overtime pay in a class action suit in Oakland. More than 2,000 adjusters working for...
Conning & Co. Report Says Shortage of Claims Professionals a Growing Crisis for Industry July 10, 2
Jul 10 2001 // According to a new Conning & Company study, while the overall U.S. job market has cooled considerably over the last year, the demand for qualified insurance claims professionals has never been higher. In fact, the...
Homeowners, Insurance Industry Clash on Mold Issues
Jul 9 2001 // Homeowners turned out in force to testify and listen, and to applaud when they agreed with what they heard, at a June 26 Texas Department of Insurance (DOI) public hearing on issues related to toxic mold and insurance...
Genesys Conferencing Announces Strategic Relationship with PLRB, Claimsgate.com
Jul 2 2001 // Genesys Conferencing, the world’s leading conferencing specialist, announced a strategic relationship with the Property Loss Research Bureau (PLRB) and ClaimsGate.com, PLRB’s online claims marketplace available...
Changes, Challenges in EPL Arena Discussed at PLUS Symposium
Jun 28 2001 // Increased claims involving workplace violence, sexual harassment, identity theft and ADA issues are presenting many challenges to the Employment Practices Liability (EPL) marketplace, according to a panel of experts at the...
Managers Offer To Buy Struggling Claims Direct
Jun 26 2001 // Claims Direct, Britain’s personal injury settlement service, which has suffered falling profits following a series of adverse articles in the country’s newspapers, could be sold to two of its top...
Reliance Insurance, 1817-2001…R.I.P.’
Jun 25 2001 // On June 12, Reliance Group Holdings (RGH), the parent company of Reliance Insurance Company (RIC), one of America’s oldest insurers, which traces its roots back to 1817, filed for bankruptcy protection in the...
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 25 2001 // A recent jury decision should put up red flags for insurers: Take care of toxic mold claims adequately and promptly, or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...
Flood Insurance Claims-Be the Calm After the Storm: Facts Every Agent and Consumer Needs to Know
Jun 25 2001 // After a community has experienced a flood, restoring homes and businesses can be a long and difficult process. While the cleanup process can seem overwhelming at best, a careful, orderly approach will help your insured...
Independent Investigation Heats Up as PwC Finds $87.8 Million in Unrecorded Claims
Jun 22 2001 // PricewaterhouseCoopers, the provisional liquidators appointed last Monday to sort out the financial mess at the U.K.’s Independent Insurance, have so far uncovered £62 million ($87.8 million) worth of insurance...
Royal & SunAlliance Catastrophe Center Strengthens Disaster Response Capabilities
Jun 20 2001 // With the official arrival of the 2001 hurricane season, Royal & SunAlliance is confident of its ability to respond to major disasters because of the successful track record of its Catastrophe Center, one of only a...
Tillinghast-Towers Perrin Estimates $200B Price Tag for U.S. Asbestos Claims
Jun 19 2001 // Settlements to individuals exposed to asbestos in the U.S. and related expenses will ultimately reach $200 billion, according to a study conducted by Tillinghast-Towers Perrin. Of this amount, Tillinghast estimates that...
Jury Sends Message to Insurance Industry in Toxic Mold Case
Jun 18 2001 // Travis County District Court jury to the insurance industry: take care of toxic mold claims adequately and promptly or risk being assessed millions of dollars. That warning came in the form of a $32-million award to a...
