Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Everest National Insurance Company Awards American Claims Management with Personal Auto Program
Feb 13 2013 // San Diego, CA, 02/13/13 – American Claims Management, Inc. (ACM), a national third party administrator, has been awarded the claims handling for the Personal Auto Program from Everest National Insurance Company...
Wilson to Advise Lockton Clients on Property Claims
Feb 13 2013 // Lockton Companies has named Sheri Wilson as national property claim director to advise Lockton clients on complex property insurance claims. She is based in the insurance broker’s Dallas, Texas, office and serves as...
U.S. Chief Claims Officer Named for Navigators Management Co. in N.Y.
Feb 12 2013 // The Navigators Group Inc. recently appointed Christopher Finneran as U.S. chief claims officer of Navigators Management Company Inc., the Group’s principal underwriting agency subsidiary. Finneran will be responsible...
Insurers: False Auto Claims on the Rise in Minnesota
Feb 12 2013 // Auto insurance companies say false and exaggerated injury claims are on the rise in Minnesota. The National Insurance Crime Bureau says suspicious personal injury claims have tripled since 2008. Minnesota ranked tenth in...
Price Stability on the Horizon for Lawyers E&O Class
Feb 11 2013 // Claims from the real estate and financial meltdown of 2008 are finally catching up to carriers in the lawyers professional liability marketplace, pushing rates up and eventually forcing out the short-term...
A Future Filled With Driverless Cars
Feb 11 2013 // Visions of robotic self-driving cars may appear like something from a George Lucas film but in June 2011, this vision took a giant leap toward becoming reality when Nevada became the first state to enact legislation that...
FEMA Defends Handling of Sandy Flood Claims
Feb 7 2013 // The Federal Emergency Management Agency is defending its handling of Superstorm Sandy-related flood insurance claims following sharp criticism by New Jersey’s governor. FEMA says more than half of the more than...
BP Balks at Oil Spill Price Tag Sought by States
Feb 6 2013 // BP Plc has tallied up claims made by states and local governments on the U.S. Gulf Coast for economic and property damages from the Macondo oil spill, and come up with a figure of $34 billion, which it deems...
Sparta Expands its Business Relationship with American Claims Management
Feb 6 2013 // San Diego, CA, 02/06/13 – American Claims Management, Inc. (ACM), a national third party administrator, is now handling claims for the Construction Package Program from SPARTA Insurance Company. The program is an...
Florida Supreme Court Rules Arbitration Clauses Apply to Fraud Claims
Feb 5 2013 // The Florida Supreme Court says contract clauses requiring arbitration to settle related disputes include fraud claims. The justices unanimously reversed a three-judge panel of the 1st District Court of Appeal, which had...
BP, States May Still Be Far Apart Over Oil Spill Deal
Feb 4 2013 // It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over the Gulf of Mexico well blowout? BP could be nearing a settlement of...
Florida Report Cites Citizens’ Outside Vendors, Claims Handling
Feb 4 2013 // Florida regulators have released a report into Citizens Property Insurance Corp., finding that the state-backed company failed to sufficiently negotiate outside vendor contracts and review travel and other expenses, while...
Selective Reports 2012 Q4 Profit of $1.3M; Sandy Losses at $30.3M
Feb 1 2013 // Branchville, N.J.-based Selective Insurance Group posted 2012 fourth quarter net income of $1.3 million, down more than 92 percent compared to the 2011 fourth quarter when the insurer reported $18.0 million profit. The...
Wisconsin Couple Can’t Collect in Birth Control Mix-Up
Feb 1 2013 // A clinic that mistakenly gave vitamins instead of birth-control pills to a Wisconsin woman doesn’t have to pay to raise the child she conceived but can be sued for other financial damages, a state appeals court has...
Settlement OK’d Over Louisiana Citizens Katrina, Rita Claims
Feb 1 2013 // Louisiana Citizens Property Insurance Corp. has finalized a $20 million settlement related to claims handled after hurricanes Katrina and Rita, wrapping up one of two remaining storm-related settlements that have weighed...
American Claims Management Rebrands Pacific Claims Services to Marquee Managed Care Solutions
Feb 1 2013 // San Diego, CA, 02/01/13 – American Claims Management, Inc. (ACM), a national third party administrator, has rebranded one of its subsidiary services from Pacific Claims Services (PCS) to Marquee Managed Care...
Crum & Forster Taps Burr as VP of California Workers’ Comp Claims
Jan 31 2013 // Crum & Forster hired George Burr as vice president of California workers’ compensation claims. Burr will manage C&F’s West Coast workers’ compensation claims office located in Orange County,...
Too Early to Know Cost of 787 Dreamliner Claims, Says Boeing’s Insurer
Jan 30 2013 // Boeing Co. has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the planemaker’s lead insurer...
Burand’s Agency E&O Blog: Tip #21
Jan 30 2013 // Do you always verify exposure changes at renewal? The genesis of a common E&O claim is when a commercial client changes their operations and the agency does not catch this at renewal. These claims can be property or...
Massive Floods Hit Queensland, New So. Wales; 4 Dead, Thousands Evacuated
Jan 29 2013 // Massive summer floods killed four people and forced thousands of people to evacuate their homes across two Australian states on Tuesday, disrupting air and rail travel and coal production. A deluge fed by ex-tropical...
