Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Penn. Court: ‘Single Occurrence’ Applies for Drywall Claims Arising From One Shipment
Feb 21 2013 // The U.S. District Court in Pennsylvania ruled last week that multiple claims that arose from allegedly defective drywall that the insured entity imported in one single shipment from China should be considered a...
Personable Hires Sokola as Vice President of Claims Central
Feb 19 2013 // Personable General Insurance Agency Inc. (Personable) has added Mark Sokola as vice president of its Claims Central unit. He is based in Royse City, Texas. Sokola joins Personable with extensive experience as a claims...
Statistics on Insurers Handling Sandy Flood Claims
Feb 19 2013 // The 15 insurers participating in the National Flood Insurance Program that are handling at least 1,000 claims related to Sandy, the progress they have made in closing claims, and the money they have paid out to date:...
FEMA Data Suggests Some Insurers Handling NFIP Claims Faster Than Others
Feb 17 2013 // Up and down the Atlantic coast, people are telling horror stories about how long it has taken to get an insurance check for flood damage caused by Superstorm Sandy. Nearly 40 percent are still waiting for the final...
N.J. Congressional Delegation Expresses Concern Over NFIP Claims
Feb 15 2013 // On Tuesday Feb. 12, New Jersey’s Congressional delegation sent a letter to Federal Emergency Management Agency Administrator W. Craig Fugate, expressing their concern over what the delegation described as “the...
Insurer Reports Sandy Flood Claims Resolving Quickly
Feb 14 2013 // A bulletin by the National Flood Insurance Program helped spur quicker processing of Sandy flood-related claims. Prior to the bulletin, claims were adjusted according to the policy and guidelines established by the Federal...
Insurers Not Seeing Large Number of Claims From Snowstorm So Far
Feb 13 2013 // A fierce winter storm brought deep snow and high gusting winds to the Northeast last weekend, but a number of insurers are saying that so far, they are not seeing a large number of claims. State Farm said Tuesday the...
Xchanging Launches ‘X-presso’ – Mobile App for Claims Files
Feb 13 2013 // London-based Xchanging, the business process, procurement and technology services provider and integrator, announced the launch of its mobile application for the insurance market. Called X-presso, the new app “allows...
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...
