Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Eagle International Schedules Claims Handling Conferences in London, Paris
Aug 9 2001 // Eagle International Associates, an international network of insurance defense attorneys and claims adjusters throughout North America and Europe, has announced that it will be offering two unique conferences on the subject...
Insurers To Be Reimbursed for Cerro Grande Fire Claims
Aug 9 2001 // The federal government is working to reimburse insurance companies for all claims they paid to their customers for damage caused by the Cerro Grande fires in New Mexico last year. Payments are expected to begin in January...
Agents and Coverage Opinions
Aug 6 2001 // Insurance intermediaries—agents, brokers, and the like—do all sorts of things for their customers and clients. They help them select coverages. They help select insurers. They shop for price. They prepare applications....
Media Liability Claims: Tricky, Expensive and Evolving
Aug 6 2001 // Oprah Winfrey may be the queen of talk show TV and the ruler of her own media/entertainment universe, but that didn’t keep her from being dragged into court, accused of libeling the beef industry in one of the most...
S&P Says Asbestos Claims Affect Insurance Negatively But Not Terminally
Aug 3 2001 // The latest financial strain on insurers that cover liability settlements for employers of asbestos workers will negatively, but not terminally affect the insurance industry’s finances, a new Standard &...
Insurers Paying Claims for Losses of Medical Marijuana
Aug 1 2001 // According to an AP Online report, insurers are paying out claims to a growing number of medical marijuana users whose backyard pot plants were stolen by thieves or confiscated by police. The payouts are not based on the...
FARMERS ADJUSTERS GET OVERTIME
Jul 30 2001 // An Oakland, Calif., jury awarded a record-setting claim for overtime to a group of Farmers Insurance Adjusters participating in a class action suit. More than 2,000 adjusters working for Farmers Insurance Exchange will...
Reliance Insurance 1817-2001 – R.I.P’
Jul 23 2001 // 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 Southern District of...
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...
