Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Today’s AGING Workforce is Ripe with Potential for Age Discrimination Claims
Oct 30 2000 // The 1990s were a time of turbulence for businesses as employers faced corporate restructuring, seasonal layoffs and reductions in force (RIF). The changing workplace relationships brought about both an increase in age...
Independent currents:Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
Independent currents Scary E&O Stories (Just in Time for Halloween!)
Oct 30 2000 // I’ve sat in classes taught by Jim Harrison (insert two dozen professional designations here), one of the best insurance educators in the country. He has this little shtick that wakes up the class. He tells an ugly...
Mold Claims Create a New Frontier in Constuction Defect Litigation
Oct 2 2000 // Mold. An extremely common organism, it’s found in veritably every home and building. Now it’s at the center of what could become one of the fastest growing areas of both construction defect litigation and toxic...
Industry Tallies Ohio Tornado Losses
Sep 28 2000 // The combined damage caused by a tornado that ripped through Xenia, Ohio Sept. 20 and storms in several other counties, has been estimated at more than $33 million in insured losses, according to the the Ohio Insurance...
GuideOne to Close 7 Claims Offices; Sell Portion of Auto Book to GMAC
Sep 14 2000 // GuideOne Insurance will close seven of its 12 national claims offices next year, and will sell a portion of its high-risk auto insurance to GMAC Insurance. GMAC, based in Winston-Salem, N.C., is expected to buy...
Kemper to Offer Automatic Subrogation Notification
Sep 13 2000 // The Kemper Insurance Companies has become the first company to license HNC Insurance Solutions’ new VeriComp Subro software system, which automatically identifies and notifies carriers of claims with a high potential...
Equitas Head Warns on Asbestos Claims
Sep 12 2000 // Hugh Stevenson, Chairman of Equitas, the vehicle set up by Lloyd’s in 1996 to runoff liabilities, principally asbestos and industrial pollution claims for years prior to 1993, issued a warning at the annual meeting...
Theclaimscene.com Geared to Expedite Settlement Process
Sep 6 2000 // Rochester, N.Y.-based XX-Scene Genesis, Inc. has launched a new eService created specifically for property and casualty insurance claims adjusters and independent agents working in the field. The new website,...
When Agents Go Bankrupt
Sep 4 2000 // Commissions structures can pose serious problems for agents going through bankruptcy. Protect yourself before you need protection. I admit it. I have a bearish streak. When I was a boy, I firmly believed that everything...
Reliance Staves Off Bankruptcy; Troubles Remain
Sep 4 2000 // Reliance Group Holdings Inc. was grant- ed more time from creditors late last month to deal with repaying $237.5 million in bank debt. The troubled insurer said bankers extended the due date to Nov. 10 from Aug. 31. No...
Aon Will Provide Claims Administration Services for Reliance
Aug 30 2000 // Aon Corp. has entered into an agreement with Reliance Group Holdings to provide claims management services for the majority of Reliance’s outstanding insurance policies. Under the terms of the agreement, Aon and its...
Calif. Bill Extends Quake Claims; Heads to Governor’s Desk
Aug 28 2000 // A bill that could give thousands of Northridge earthquake victims another chance to file damage claims is on its way to Calif. Gov. Gray Davis. The bill, approved 21-7 Friday by the state’s Senate, was prompted by...
Quake Claims Bill Continues to Shake Up Industry Groups
Aug 23 2000 // On Monday, the California Assembly passed SB 1899, a bill that lifts for one year the expired statute of limitations on damage claims from the 1994 Northridge Earthquake. Both the National Association of Independent...
Unfair Claims Practices Uncovered
Aug 21 2000 // DCBS fined Minnesota-based Fortis Benefits Insurance Co. $20,000 for several violations of Oregon laws and administrative rules. The fine was assessed against the company for its handling of separate claims for long-term...
Air France Insurers Handling Concorde Claims
Aug 18 2000 // Air France representatives repeated the company’s promise to fully indemnify all the families of the victims of the Concorde which crashed on takeoff July 26th killing all 109 people on board and 4 on the...
AIS Terminates American Re Purchase of UNG; Holocaust Claims Delay Cited
Aug 14 2000 // American Insurance Services (AIS), the parent company of United National Group (UNG), formally advised its would be purchaser American Re that it was canceling the agreement made a year ago for the sale of its shares. AIS...
Ace Global Markets, Hammond Suddards & Edge Launch Claims Service
Aug 8 2000 // ACE Global Markets, a subsidiary of ACE Ltd. and one of the largest providers of insurance capacity at Lloyd’s, and Hammond Suddards & Edge, the UK’s seventh largest commercial law firm, have launched a...
Brooklyn Underwriter Arrested for Submitting Fraudulent Claims
Jul 27 2000 // New York Superintendent of Insurance Neil D. Levin said that Camille Sautner, 26, was arrested on various charges for defrauding Chubb Insurance Company out of $45,000. The arrest is the result of a joint investigation...
Boeckh Hires New Claims Markets Senior Director
Jul 25 2000 // Leonard Richileau has been hired as senior director of claims markets for Boeckh, a Wisconsin-based provider of building cost information and estimating systems to the property/casualty insurance and related...
