Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Exploring the Jump in Mega Workers’ Compensation Claims
Sep 19 2018 // Mega workers’ comp claims – losses exceeding $10 million – jumped in 2016, according to a new report by the National Council on Compensation Insurance (NCCI). It’s unclear if this is a one time...
South Carolina Issues Hurricane Florence Data Call, Emergency Order to Insurers
Sep 17 2018 // The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation...
Texas Workers’ Comp Claims Go Digital
Sep 17 2018 // Texas Workers’ Compensation Commissioner Cassie Brown has turned in the keys to a secure warehouse that the Division of Workers’ Compensation (DWC) has used since 1992 to store injured employee claims. The...
People
Sep 17 2018 // Sam Siddons and Craig Morelos have joined the property/casualty practice at EPIC Insurance Brokers and Consultants as principals. Siddons will be responsible for new business development, the design, placement and...
North, South Carolina Insurance Chiefs Ready for Hurricane Florence
Sep 13 2018 // Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on...
How to Help Clients with Disaster Claims and Avoid Agency E&O Claims
Sep 12 2018 // In an online discussion on agency errors and omissions (E&O) exposures following Hurricanes Harvey and Irma, Florida Association of Insurance Agents’ (FAIA) David Thompson, insurance educator for more than 20...
Insurers Forecasting Significant Claims from Businesses from Hurricane Florence
Sep 12 2018 // Days before Hurricane Florence is expected to slam into the U.S. East Coast, insurers are starting to see potential claims costs tick upward as people flee and companies halt operations. Evacuations, already affecting more...
North Carolina Insurance Fraud Round-Up: August
Sep 10 2018 // The North Carolina Department of Insurance announced multiple fraud enforcement actions during the month of August. Insurance fraud costs American consumers approximately $80 billion dollars a year. According to North...
Claims from California Summer Fires Top $845M, Commissioner Blames Climate Change
Sep 6 2018 // California Insurance Commissioner Dave Jones on Thursday announced that insured residential and commercial losses from the Carr and Mendocino Complex fires topped $845 million and are now counted among the most destructive...
19% Workers’ Comp Rate Decrease Proposed for Tennessee
Sep 6 2018 // The National Council on Compensation Insurance (NCCI) has filed for a 19.1 percent decrease for workers’ compensation voluntary market loss costs in Tennessee – the largest recommended decrease since reforms to the...
Athens Administrators Acquires San Antonio’s 1-2-1 Claims
Sep 5 2018 // Athens Administrators, a provider of third-party claims administration services, has acquired San Antonio, Texas-based 1-2-1 Claims Inc. 1-2-1 Claims Inc. is a licensed third-party administrator (TPA) company specializing...
Mass. SJC Says Hospital Does Not Have Duty of Care in Former Patient’s Stabbing Suit
Sep 3 2018 // The Massachusetts Supreme Judicial Court has ruled that Steward Carney Hospital does not have a duty of care after a patient released from an involuntary psychiatric commitment fatally stabbed his neighbor. The court found...
A Tale of Two Floridas: Hurricane Irma’s Belated Impact on Reinsurers
Sep 3 2018 // Reinsurers expressed different views of loss developments related to Hurricane Irma, when executives reviewed the impact of the Florida event on second-quarter earnings reports last month. Everest Re was among those...
Houston’s Myron Steves Adds Tilford to Lead Claims Unit
Aug 30 2018 // Amanda Tilford has joined Houston-based managing general agency, Myron Steves, to lead the company’s Claims operations. She will be responsible for operating the claims processing unit, including the timely and...
Santander Bank Settles Auto Finance, Insurance Claims
Aug 30 2018 // A unit of European lender Banco Santander SA has agreed to settle claims by a U.S. consumer watchdog that it misled drivers about the costs of loans and the coverage of related insurance policies, said three people with...
Barnes & Noble Calls Fired CEO’s Defamation Claims ‘Lies and Mischaracterizations’
Aug 29 2018 // Barnes & Noble Inc. was sued on Tuesday by a former chief executive officer who said the largest U.S. bookstore chain falsely accused him of violating its sexual harassment policy before firing him after 14 months on...
Goldman Sachs Wants Whistleblower’s Claims Sent to Arbitration
Aug 28 2018 // Goldman Sachs Group Inc. says claims by a former executive that the bank retaliated against him for blowing the whistle on its failure to comply with anti-money-laundering policies should be heard outside of court or...
Explaining Medical Errors Cut Liability Claims 66%: Georgia State Research
Aug 22 2018 // Hospital staff and physicians who are willing to explain, apologize for and resolve adverse medical events significantly reduce legal defense and liability costs, according to a study led by Dr. Florence R. LeCraw, an...
UK Could See Surge in Subsidence Claims Due to Prolonged Dry Weather: Sedgwick
Aug 22 2018 // The UK could see a surge in subsidence due to the prolonged spell of hot and dry weather across the country, according to Sedgwick, a London-based provider of technology enabled risk, benefits and integrated business...
Mass. SJC Says Hospital Does Not Have Duty of Care in Former Patient’s Stabbing Suit
Aug 22 2018 // The Massachusetts Supreme Judicial Court has ruled that Steward Carney Hospital does not have a duty of care after a patient released from an involuntary psychiatric commitment fatally stabbed his neighbor. The court found...
