Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Citizens Implements $1.8M Estimate Review Program for Florida Water Loss Claims
Jul 26 2016 // Florida’s insurer of last resort, Citizens, has expanded its efforts to curb increasing water loss claims with a new Water Mitigation Estimate Review Program. Citizens Chief Claims Officer Jay Adams said the new...
What to Know About Liability and Legal Costs for Apps
Jul 25 2016 // The purchase and use of smartphones, tablets, wearable computers and other mobile computing devices (MCDs) connected to the internet have experienced staggering growth in the past several years. Soon after the Apple App...
Navigating California’s High Workers’ Comp Rates and Excessive Lawsuits
Jul 25 2016 // California employers routinely pay the highest insurance rates for workers’ compensation in the country. The increasing rates are due to several factors including rising medical costs and an aging workforce. In this...
Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study
Jul 22 2016 // Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough....
U.S. Can’t Seize Manhattan Building Over Iranian Terror Claims: Court
Jul 21 2016 // A federal appeals court said on Wednesday the U.S. government cannot seize a midtown Manhattan office tower originally built by the Shah of Iran, whose owners it claimed were fronts for the Iranian government. The 2nd U.S....
G2 Insurance Services Names Fox-Foster Claims Manager in California
Jul 19 2016 // G2 Insurance Services has named Martin Fox-Foster claims manager. Fox-Foster will be located in the company’s San Francisco office He will serve as a resource to G2 Insurance’s commercial clients, advocating on...
Cunningham Lindsey Subsidiary, Vale, Launches Claims Consulting Service
Jul 19 2016 // Dallas-based Vale Training, a Cunningham Lindsey company and an independent division specializing in training for adjusters and appraisers in the insurance claims industry, has launched Vale Consulting Services to provide...
BHSI Names Kremer as Head of Claims, Northern Europe
Jul 19 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has expanded its Northern European operations, appointing Ulrich Kremer as senior vice president, Claims, Northern Europe. Ulrich joins BHSI with nearly 16...
BP Raises Liability by $5.2 Billion for Deepwater Horizon Spill
Jul 18 2016 // BP Plc has raised the total liability from the Deepwater Horizon oil disaster, which triggered the worst offshore oil spill in U.S. history, by $5.2 billion to $61.6 billion before tax. The London-based company expects to...
Hail Damage Claims from Montana Crops on The Rise
Jul 15 2016 // State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reported the state Department of Agriculture’s Walt Anseth says farmers...
Crop Hail Damage Claims on the Rise in Montana
Jul 14 2016 // State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reports the state Department of Agriculture’s Walt Anseth says farmers...
Insurance Documents in Penn State Sex Abuse Case Released
Jul 14 2016 // Penn State coach Joe Paterno was told by a teen boy in 1976 that assistant coach Jerry Sandusky had molested him in the shower but responded that he didn’t want to hear about it and had “a football season to...
Court Removes GM Bankruptcy Shield on Ignition Switch Claims
Jul 14 2016 // General Motors’ 2009 bankruptcy does not shield it from lawsuits over a deadly ignition-switch defect that led to criminal charges against the automaker and prompted the recall of 2.6 million vehicles in 2014, a...
Heritage Revokes 14.9% Rate Increase Filing for Florida Homeowners
Jul 13 2016 // After review by the Florida Office of Insurance Regulation (OIR) and much criticism from Florida stakeholders, Florida-based Heritage Property & Casualty Company has withdrawn its request for an overall 14.9 percent...
Study: 43% of Insurers’ Prescription Payments Going to Specialty Drugs
Jul 12 2016 // The latest study of medicine prices finds U.S. insurers’ spending on expensive prescription drugs nearly quadrupled from 2003 through 2014, when the number of such prescriptions filled tripled. Spending on expensive...
Survey: Agents Value Carrier Underwriting More Highly Now Than 5 Years Ago
Jul 12 2016 // A comparison of independent agent opinions five years ago to today shows how far the agency channel has come while also illustrating that certain fundamentals remain important throughout cycles and market...
5 Principles for Successfully Navigating Complex Property/Casualty Claims
Jul 11 2016 // Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can strike at almost any time. When they do, the impacts to...
Texas Insurers Look to Courts for Hope in Stemming Hail-Related Lawsuits
Jul 11 2016 // Following a severe hailstorm in south Texas in 2012, insurers were beset with homeowner property lawsuits – sometimes after claims were paid and repairs were completed, according to an insurer trade group. Since then,...
Accident Fund Insurance Names Holland as Claims VP
Jul 7 2016 // Accident Fund Insurance Company of America has appointed Dean Holland to vice president of Claims. In this role, Holland is responsible for all claims and medical operations. Holland joined the company in 1987 as a claims...
West Virginia Insurance Head Implements Emergency Orders for June Storm Claims
Jul 7 2016 // Lt. Dennis Feazell, of the West Virginia Department of Natural Resources, keeps his boat on station as he and a co-worker search flooded homes in Rainelle, W. Va., Saturday, June 25, 2016. Heavy rains that pummeled West...
