Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Michigan: Bulk of Insurance Complaints in 2012 Concerned Claims Handling
Jul 11 2013 // The Department of Insurance and Financial Services (DIFS) says consumers in 2012 filed more than 3,000 complaints against insurance companies doing business in Michigan. Complaints were filed against carriers writing...
Judges Question BP Over Its Objections to Oil Spill Claims Payouts
Jul 9 2013 // BP Plc drew tough questions on Monday from U.S. appeals court judges hearing a complaint by the oil company objecting to the payment of certain claims for damages related to the Gulf of Mexico spill, casting doubt on...
Swiss Re Estimates Europe Flood Claims at $300 Mn; Overall Losses $3.5-$4.5 Bn
Jul 8 2013 // Swiss Re has estimated that its claims burden from recent flooding in central and Eastern Europe is approximately $300 million, net of retrocession and before tax. Industry-wide insured losses are estimated to be between...
Former Claims Manager for N.J. Turnpike Authority Faces Fraud Charges
Jul 3 2013 // Federal prosecutors say a former claims manager for the New Jersey Turnpike Authority stole more than $120,000 from the agency through various schemes. Gerardo Blasi of Clifton was arrested Monday by special FBI agents....
Markel International Names Tun Senior Claims Adjuster
Jul 3 2013 // Markel International Limited has appointed Esther Tun as a senior claims adjuster. Tun joins Markel International following earlier appointments as a professional lines claims adjuster at Aspen Insurance UK Limited and at...
Court Asks Former FBI Director Freeh to Probe BP Claims
Jul 3 2013 // Former FBI Director Louis Freeh will investigate possible misconduct by a lawyer involved in making payments to settle claims by people and businesses affected by the BP spill in the Gulf of Mexico in 2010, the judge in...
Erie Insurance Announces Property Development Plan for Downtown Erie, Penn.
Jul 2 2013 // Erie Insurance announced Monday that beginning this summer, the company will begin development of several properties that it recently bought near its headquarters in downtown Erie, Pennsylvania. The plan includes building...
Markel Promotes Richardson to European Retail Claims Manager
Jul 2 2013 // London-based specialty insurer Markel International Limited has appointed Mike Richardson as European retail claims manager. Previously claims manager for Markel International’s UK retail division, a position he held...
Lawyers Feast on ‘Crazy’ BP Gulf Oil Spill Claims
Jul 2 2013 // Until this year, Tampa attorney Kevin McLean specialized in suing nursing homes for neglecting patients. In January he switched the focus of his practice to a fund BP Plc established to compensate business losses from the...
Insurers Can’t Require Examinations Under Oath in Pre-2012 PIP Claims: Florida Court
Jul 1 2013 // The Florida Supreme Court ruled that prior to a 2012 state law, auto insurer Geico didn’t have the right to force a policyholder to answer questions under oath before paying a personal injury protection (PIP)...
Marni Wood Joins iUnlimited Investigative Services as a California Senior Claims Consultant
Jul 1 2013 // Sacramento, CA, 7/1/13 – iUnlimited announced today that Marni Wood joined the iUnlimited Investigative Services team serving the Northern California area out of their Sacramento office as an experienced Investigations...
The Disaster Issue – Where Insurers Fear to Tread
Jul 1 2013 // One storm is all it takes these days. Anyone who’s been paying attention needn’t be reminded that even a post-tropical cyclone can cause major damage. That’s what Sandy was when she came on shore in New...
Law Firms See Rise in Malpractice Claim Frequency, Severity
Jun 27 2013 // Multi-million dollar payouts for legal malpractice claims are climbing, and so are the total number of claims for law firms, in general. A new study by insurance broker Ames & Gough found that most leading legal...
Greenberg’s $25B Suit Against Government Over AIG Bailout Can Proceed
Jun 27 2013 // Maurice “Hank” Greenberg can continue his $25 billion lawsuit against the U.S. over losses from the bailout of his former company, American International Group Inc., without making claims on behalf of the...
Oklahoma Insurance Claims from May Tornadoes Top 75K
Jun 27 2013 // Insurance claims filed in response to a major tornado outbreak in May have jumped to 75,758 with insurance payments reaching $687,945,276, the Oklahoma Insurance Department announced. “The victims of these...
Connecticut Enacts Bill to Establish Disaster Claims Mediation Program
Jun 26 2013 // Connecticut Gov. Dannel Malloy last week signed a bill that aims to help resolve insurance disputes after catastrophic events. The bill, first introduced by the state’s insurance department, gives the department the...
BP Using Advertising to Fight Gulf Oil Spill Claims Formula
Jun 26 2013 // Britain’s BP has stepped up its campaign for a revision of the way compensation for its 2010 Gulf of Mexico oil spill is calculated by placing advertisements in leading newspapers ahead of a July 8 appeal court...
EPLI in Southern California Playing ‘Hard’ to Get
Jun 25 2013 // Employment practices in California is a known and growing concern for insurers, agents and employers, and that concern has some carriers ramping up rates dramatically or quietly pulling back from the area, say those...
West Virginia Pays Millions for Prison Misconduct Claims
Jun 25 2013 // Sexual misconduct claims at prisons and regional jails have cost West Virginia nearly $12 million over the last decade. Board of Risk and Insurance Management records obtained by the Charleston Daily Mail show that...
Supreme Court Limits Workplace Harassment, Retaliation Claims
Jun 25 2013 // The U.S. Supreme Court put new limits on lawsuits claiming on-the-job harassment, throwing out a case filed by a black catering worker who said a colleague slapped her and used racial epithets. The justices, voting 5-4,...
