Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Opioid Epidemic Plagues Workers’ Comp
May 17 2013 // Prev Next Drug Overdose Death Rates Drug overdose death rates in the U.S. more than tripled since 1990. In 2008, more than 36,000 people died from drug overdoses, and most of the deaths were caused by prescription drugs....
BP Oil Spill Claims Chief Braces for Surge in Filings
May 17 2013 // The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a late surge in...
Weston Insurance Company Selects North American Risk Services, Inc. as Third Party Claims Administrator
May 17 2013 // Altamonte Springs, FL, 05/17/13 – North American Risk Services, Inc. (NARS), a premier national third-party claims administrator announces its strategic partnership with the Florida-based domestic property insurance...
On a Leash: Dog Bite Insurance Claim Trends
May 15 2013 // Dog bites accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2012, costing more than $489 million, according to the industry’s Insurance Information Institute (III) and...
Former New York Governors Tell AG: Drop Greenberg Suit
May 13 2013 // In an opinion piece published in today’s Wall Street Journal, two former New York governors are urging the New York Attorney General to stop the pursuit of Maurice “Hank” Greenberg in a case tied to...
How Banks Will Recover Funds in $45M Cyber Heist
May 13 2013 // Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts...
Mass. DOI to Issue Report on Insurance Claims Arising From Boston Bombings
May 10 2013 // The Massachusetts Division of Insurance said it is currently examining claims arising from the April 15 Boston Marathon bombings in an effort to understand the insurance claims filed and paid, in line with examinations the...
New York AG May Follow Greenberg Case, Drop Claims Against BofA Over Merrill
May 10 2013 // Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case – against Bank of America over its acquisition of...
Tennessee Governor Signs Workers’ Compensation Bill
May 9 2013 // Tennessee’s workers’ compensation system is going to undergo its most significant changes in decades including the creation of a new administrative court system to handle workers’ compensation...
Medical Malpractice Payouts Not Driving Up Health Costs: Study
May 8 2013 // Efforts to lower health care costs in the United States have focused at times on demands to reform the medical malpractice system, with some researchers asserting that large, headline-grabbing and “frivolous”...
American Claims Management Continues Expansion in Southeast
May 8 2013 // San Diego, CA, 05/08/13 – American Claims Management, Inc. (ACM), a national third party administrator with claims ancillary services, is continuing to establish a presence in the Southeast by expanding its Atlanta...
Low Damage Claims Aid Reinsurers Q1 Earnings
May 7 2013 // Low damage claims and rising premiums helped to shield earnings at German reinsurers Munich Re and Hannover Re in the first quarter, as the sector battles to shore up profits amid record low interest rates. The two...
Bill Limits California Workers’ Comp For Pro Athletes
May 6 2013 // Professional athletes who spent most of their careers with teams in other states would no longer be able to file workers’ compensation claims in California under a bill that has passed the state Assembly. Supporters...
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...
