Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Bogus Insurance Claims Help Spaniards Weather Tough Economic Times
Feb 10 2012 // Leather seats are disappearing from cars. Precious jewels are vanishing from drawers. TVs are spirited out of homes in the dead of night. These crimes are not what they seem. And the perpetrators are not the usual...
Banks Still Face Legal Claims After $25 Billion Settlement
Feb 10 2012 // A landmark $25 billion settlement over foreclosure abuses will allow large banks to resolve one piece of their mortgage-related problems. But it still leaves them exposed to a wide range of lawsuits and other claims...
Pennsylvania Woman Gets Probation for Fake Cancer Claims
Feb 9 2012 // A Pennsylvania woman who submitted nearly $100,000 worth of fake cancer treatment insurance claims for herself and her husband must repay the money while she serves nearly nine years on probation. The Observer-Reporter of...
People
Feb 6 2012 // Sandra Helin has been elected president of Southwestern Insurance Information Service. Helin will succeed Jerry Johns, who retires March 1, 2012. A 13-year veteran of SIIS, Helin previously served as director of public...
E&O Insights: Use Caution When Moving a Customer From a Claims-Made to an Occurrence Form
Feb 6 2012 // From time to time, an account is moved from one form of insurance to another. The scenario could involve moving from a claims-made form to an occurrence form, or vice versa. Other scenarios could involve moving from a...
BP Fails to Shift $15 Billion of Gulf Oil Spill Costs to Transocean
Feb 6 2012 // Oil giant BP has lost its attempt to shift more than $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean, increasing the possibility BP may have to foot the entire $42 billion cleanup...
What to Know About Public Entity Self-Insured Retention Programs
Feb 6 2012 // Public entities across the nation must professionally manage the numerous required services that communities demand. Such services are expensive to operate and, in recent tight budget years, entities are often forced to...
Missouri Sets Record with $21M in Claims Recoveries in 2011
Feb 6 2012 // Missouri insurance regulators say they returned a record amount in insurance claims recoveries to consumers in 2011. An additional $21 million was recovered from insurance companies by the Missouri Department of Insurance...
Virginia Court Grants Rehearing of Global Warming Claims Case
Feb 3 2012 // The Virginia Supreme Court has recently granted rehearing of a closely followed legal case involving global warming, The AES Corp. vs. Steadfast Insurance Company. The court says its previous decision on the case has been...
Ohio Announces $11.6M in Insurance Savings, Recoveries in 2011
Feb 3 2012 // Insurance regulators saved or recovered $11.6 million for Ohioans in 2011, the Ohio Department of Insurance announced. The department said it received 5,336 consumer complaints, the majority of which dealt with the denial...
Woman Takes Honda to Small-Claims, Wins Big
Feb 3 2012 // This Jan. 3, 2012 file photo shows Heather Peters, who says her 2006 Honda Civic Hybrid never achieved the 50 mpg Honda claimed in its advertising, presenting her case in small claims court in Torrrance, Calif. This unique...
Brokerage Schwab Hit with Complaint Over Client Lawsuit Waivers
Feb 2 2012 // Wall Street’s own watchdog filed a complaint against Charles Schwab Corp. on Wednesday accusing the online brokerage of requiring customers to waive their rights to pursue class actions against the firm, a violation...
Texas High Court Reaffirms Bar Against Policyholder Negligence Claims
Feb 1 2012 // In a decision that workers’ compensation experts say is good for Texas employees and employers alike, the Supreme Court of Texas issued a unanimous opinion on January 27, 2012, that bars negligence claims against...
Judge Frees $100M in Louisiana Citizens’ Claims Dispute
Feb 1 2012 // The governing board of Louisiana’s property insurer of last resort held a special meeting on Jan. 31 to discuss how to deal with a judge’s order that lifted a freeze on more than $100 million at issue in a...
Halliburton Wins Ruling vs. BP Over Some Gulf Oil Spill Claims
Jan 31 2012 // A federal judge on Tuesday said Halliburton Co. is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the...
Michigan-Based Amerisure Appoints Key Executives
Jan 31 2012 // Farmington Hills, Mich.-based Amerisure Mutual Insurance Co. announced a number of executive level appointments: Barbara Cristea, assistant vice president of financial planning and analysis; Amy Henning, vice president of...
Florida Lawmakers Reject Bad-Faith Reform Bill
Jan 27 2012 // Business groups in Florida saw their efforts to reform the state’s bad-faith law end suddenly for the year after a legislative committee voted by a one vote margin to kill a bill that would have placed additional...
Kansas Farmers Rack Up $1B in Insurance Claims After Drought
Jan 27 2012 // Kansas farmers have claimed nearly $1 billion in insurance to offset crop losses caused by the lingering drought. The federal government says that breaks a Kansas record of $446.8 million for drought claims set in 2002,...
BP Fails to Shift $15 Billion Gulf Oil Spill Costs to Transocean
Jan 27 2012 // Oil giant BP has lost its attempt to shift over $15 billion of costs related to the Gulf of Mexico oil spill onto contractor Transocean , increasing the possibility BP may have to foot the entire $42 billion clean up...
Lawmaker: Oklahoma Bill Would Help Homeowners with Insurance Claims
Jan 26 2012 // A bill filed in Oklahoma aims to help homeowners with insurance claim payments issued through mortgage companies. Legislation filed by Oklahoma state Rep. Charles Ortega would give mortgage companies no more than 10 days...
