Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
New Gulf Oil Spill Claims Process to Begin
Jun 6 2012 // Thousands of victims of BP’s 2010 Gulf oil spill will participate in a new process for economic-loss and medical claims associated with the accident. The Deepwater Horizon Claims Center, run by court-appointed...
Darlene Stevens Joins NARS as Director of Quality Assurance and Claims Operations
Jun 6 2012 // Altamonte Springs, FL, 06/06/12 —North American Risk Services (NARS) has appointed Darlene Stevens to the newly created role of Director of Quality Assurance and Claims Operations. Darlene’s background is in claims...
Claims Against MF Global’s Corzine, Other Executives May Depend on Insurance
Jun 5 2012 // Jon Corzine failed to address MF Global Holdings Ltd.’s growing liquidity needs as he tried to build the commodities broker into a global investment powerhouse, helping create the conditions that led to its downfall,...
Duration, Severity Drive Workers’ Comp Claims Costs in Louisiana
Jun 4 2012 // Louisiana Workers’ Compensation Corp. (LWCC) was created by the state legislature in 1991 in an effort to stabilize and revitalize the state’s workers’ compensation. Today, the private nonprofit mutual...
Why Workers’ Compensation Claimants Hire Attorneys
Jun 4 2012 // Workplace trust, fear of claim denial and injury severity are the main reasons for attorney representation in workers’ compensation claims, according to Bogdan Savych, a public policy analyst with the Workers...
Mass. Tornadoes in 2011 Caused $200M in Insured Damages
Jun 4 2012 // Massachusetts officials said that insurers so far paid out $200 million in claims related to devastating tornadoes in western and central Massachusetts that occurred on June 1, 2011. The Massachusetts Insurance Division...
Professional Liability Risks Evolve with Changes in Healthcare System
Jun 1 2012 // National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed...
Investigation Solutions & American Claims Management Continue Crusade Against Insurance Fraud
May 31 2012 // San Diego, CA, 5/31/12 – Investigation Solutions, Inc., the special investigations subsidiary of American Claims Management, Inc., recently investigated a highly suspicious personal auto claim, which ultimately led...
The Next New Thing: Coverage Issues from Fracking Claims
May 25 2012 // Every few years it seems that there are predictions a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the fear...
Facebook Market Makers’ Claims Against Nasdaq Likely to Top $100 Million
May 25 2012 // Claims by four of Wall Street’s main market makers against Nasdaq over Facebook’s botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with...
R.I. Enacts New Law to Assist Homeowners With Hurricane-Related Claims
May 24 2012 // Rhode Island Gov. Lincoln Chafee on Tuesday signed into law legislation designed to provide additional protection to homeowners when they suffer damages from hurricanes. The legislation (House bill 2012-H7484A and Senate...
Festa Named CIGA Board Chair
May 24 2012 // RENO, Nev.-based EMPLOYERS Senior Vice President and Chief Claims Officer Stephen V. Festa has been named chairman of the board of governors of the California Insurance Guarantee Association, a body that pays the claims of...
Atlas Names Muranaka Senior Claims Consultant
May 24 2012 // Honolulu, Hawaii-based Atlas Insurance Agency Inc. named Keane Muranaka senior claims consultant. Muranaka will be responsible for overseeing the company’s general liability, property and auto claims management...
West Virginian Gets 18 Month Jail Term for Faking Insurance Claims
May 24 2012 // A Buckhannon, West Virginia man who admitted to defrauding insurance companies by staging vehicle accidents and filing fake claims will spend 18 months in prison. U.S. District Judge John Preston Bailey sentenced...
West Virginia Coal Miner Claims Alpha Fired Him Over Safety
May 24 2012 // A coal miner who says he was fired for enforcing safety standards that slowed down both production and the sealing of the Upper Big Branch mine in southern West Virginia is suing Alpha Natural Resources. The State Journal...
Arthur J. Gallagher Acquires Professional Claims Managers
May 23 2012 // Arthur J. Gallagher & Co. has acquired Professional Claims Managers Inc. in Dallas, Texas. Terms of the transaction were not disclosed. Formed in 1986, Professional Claims Managers (PCM) is a full service third party...
Frank Crystal & Co. Launches Marine Insurance Practice
May 23 2012 // Frank Crystal & Co., an independent insurance brokerage firm, has formed an exclusive cooperation with P.L. Ferrari & Co. to launch a new U.S.-based marine insurance practice. A European-based insurance broker...
Insurers Paid $200M to Victims of June 1, 2011 Massachusetts Tornadoes
May 23 2012 // Massachusetts officials said that insurers so far paid out $200 million in claims related to devastating tornadoes in western and central Massachusetts that occurred on June 1, 2011. The Massachusetts Insurance Division...
XL Group, ABA Insurance Enhance EPLI Coverage for Commercial Businesses
May 22 2012 // The insurance operations of XL Group and ABA Insurance Services Inc., a managing general underwriter, have expanded their employment practices liability insurance (EPLI) product to include additional protection such as...
False Damage Claims Lead to Jail Time for Texas Couple
May 22 2012 // A North Texas couple have been sentenced to prison for their part in a conspiracy to defraud the city of Garland, Texas, of nearly $2 million by filing fraudulent damage claims against the municipality. Kenneth Wayne...
