Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Patent Claims Causing Firms to Exit Business Lines: Study
May 6 2013 // Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a study from the Santa Clara...
Claims, Lawsuits Mount from Texas Fertilizer Blast
May 6 2013 // Insurance claims from the deadly April 17 Central Texas fertilizer facility explosion are expected to reach the $100 million mark excluding any insurance payments that may be triggered by lawsuits that have been filed as a...
Over 90% of New Jersey/New York Sandy Claims Settled
May 6 2013 // Insurance regulators in New Jersey and New York — the two states hardest-hit by Superstorm Sandy — reported that as of April 19, insurers have settled 93 percent of the claims they received in the wake of Sandy,...
The Trademark Problem
May 6 2013 // It has always been surprising that trademark issues receive so little attention in the insurance community. It’s almost as if trademark claims are the dirty little secret of casualty insurance, both on the standard...
Top 10 States for Hail Claims: State Farm
May 6 2013 // Damage caused by wind and hail cost State Farm Insurance and its policyholders more than $3.9 billion in 2012, the company said. According to State Farm, the top 10 states for wind/hail losses are: Texas — 47,000...
25 New York Gas Stations Settle Post-Sandy Price-Gouging Claims
May 3 2013 // Twenty-five gas stations have settled price-gouging claims made against them immediately after Superstorm Sandy hit New York, state Attorney General Eric Schneiderman announced Thursday. The stations settled for a total of...
California Lawsuit Claims Lead In Ginger, Plum Candies
May 3 2013 // California has filed a lawsuit against Whole Foods, Trader Joe’s and other food retailers, manufacturers and distributors, alleging the companies are selling lead-tainted ginger and plum candies without warning...
N.J. Commissioner: Residents With Unresolved Sandy Claims Can Turn to Mediation
May 3 2013 // New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said on May 1 that New Jersey residents with unresolved non-flood insurance claims related to Superstorm Sandy can have their cases mediated...
New York Drop of Damages Claim Against Greenberg Avoids Test of AG’s Power
May 3 2013 // When New York Attorney General Eric Schneiderman gave up a claim for damages against former AIG chief Hank Greenberg, he also likely neutralized a long-awaited challenge to his office’s power. New York’s...
Homeowners not the Only Line of Coverage Affected by Texas Weather
May 2 2013 // It’s well known that Texas has some of the highest homeowners premiums in the nation — in large part due to the state’s vulnerability to violent weather. It may be less known that Texas has some of the...
Amerisure Names Dennis Assistant VP of Claims
May 2 2013 // Farmington Hills, Mich.-based Amerisure Mutual Insurance Co. has appointed Bill Dennis as assistant vice president of Claims. Dennis will report to Becky Kenyon, regional vice president of Claims for Amerisure. He will be...
Key Figures on Superstorm Sandy, 6 Months Later
May 1 2013 // Superstorm Sandy, a hybrid of a hurricane and two cold-weather systems, struck six months ago on Oct. 29, concentrating most of its fury on New Jersey, New York and Connecticut and becoming one of the most expensive storms...
Top States for Metal Theft Claims
May 1 2013 // Metal theft claims have risen 36 percent in the three years since January, 2010, according to an insurance research organization. The National Insurance Crime Bureau (NICB) said it is seeing more evidence of pervasive...
Miners’ Union Takes Unusual Legal Turn to Save Benefits in Bankruptcy
May 1 2013 // As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp., lawyers for their union are trying an unusual gambit – and one that may be a test case for...
BP Hit By Wave of Gulf Oil Spill Claims As Deadline Approaches
Apr 30 2013 // BP Plc has been hit by more than 2,200 new lawsuits seeking payback for the 2010 Gulf of Mexico oil spill in the past few weeks as individuals, companies and government bodies rushed to stake their claim before their right...
North Dakota Workers’ Comp Handling More Out-of-State Claims
Apr 26 2013 // The boom in the western North Dakota oil patch has led to a workload increase for the state’s workers’ compensation agency. The number of claims by workers coming from other states is expected to increase from...
Pennsylvania Workers’ Comp Medical Payments Per Claim Slowed in 2010: WCRI
Apr 25 2013 // Growth in payments per claim for the medical care of injured workers under Pennsylvania’s workers’ compensation system slowed in 2010, largely as a result of slower growth in payments per claim made to...
The Hartford Appoints Chief Claims Officer
Apr 25 2013 // The Hartford recently named John Kinney as the company’s chief claims officer and also as president of Heritage Holdings, a unit which oversees The Hartford’s domestic and international property/casualty...
Dewey & LeBoeuf Ex-Chairman Agrees to Proposed $500,000 Settlement to Resolve Claims
Apr 24 2013 // The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey’s trustee and insurer to resolve claims that bad management led to the law...
Minnesota Driver’s License Privacy Breaches Could Cost Millions
Apr 23 2013 // Liability claims for improper uses of Minnesota’s driver’s license database could reach several million dollars. Many cities, counties and state agencies involved in recent privacy breaches are backstopped by...
