Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
People
Jul 18 2011 // Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as president of the Independent Insurance Agents of Texas for 2011-2012 during the association’s annual business meeting...
Mississippi Sues BP Gulf Oil Claims Fund
Jul 13 2011 // Mississippi Attorney General Jim Hood filed a lawsuit Tuesday to force Kenneth Feinberg, administrator of BP’s $20 billion fund for Gulf Coast oil spill compensation, to release documents it says it needs to ensure...
Greig Joins Third Coast Underwriters as Sr. Claims Examiner in Gulf Region
Jul 12 2011 // Third Coast Underwriters, a specialty markets operation that offers workers’ compensation insurance for underserved markets that have complex risks, has appointed Gordon Greig as senior claims examiner for the Gulf...
BP Accused of Trying to Limit Gulf Oil Disaster Claims
Jul 12 2011 // Authorities will keep up pressure on BP Plc to ensure it fully compensates victims of last year’s Gulf of Mexico oil spill, Florida Republican Senator Marco Rubio said Monday after the company indicated it wants to...
Judge Trims Toyota Investors’ Legal Claims
Jul 12 2011 // A federal judge in California has pared back a lawsuit accusing Toyota Motor Corp. of inflating its stock price by concealing problems with unintended acceleration in its vehicles. U.S. District Judge Dale Fischer in Los...
Federal Court Upholds Umbrella Insurer in Asbestos Coverage Dispute
Jul 11 2011 // A federal appeals court has agreed that Continental Insurance Co. did not have a duty to defend asbestos injury claims against the automotive supplier Federal–Mogul Corp. as its umbrella carrier because the primary...
Maran Names Yuh as Claims Director
Jul 8 2011 // Maran Corporate Risk Associates named Jiyun Yuh director of claims and risk control. Yuh has more than 20 years of experience in the insurance industry. She served for five years as vice president and senior claims...
California Court Expands Policyholders’ Right to Sue Insurers
Jul 7 2011 // An uptick in consumer protection lawsuits against California insurance companies is widely expected in the wake of a state appellate decision allowing a policyholder to sue The Progressive Group of Insurance Companies over...
California Workers’ Compensation Law Draws Scrutiny with NFL Case
Jul 5 2011 // A leading Republican in the California State Legislature said he will push for an overhaul of a state labor law that makes the Golden State a magnet for workers’ compensation claims by injured former professional...
Exxon Claims Mont. Oil Spill Damage Limited, Gov. Doubtful
Jul 5 2011 // An oil pipeline that spewed tens of thousands of gallons of crude oil into Montana’s Yellowstone River was temporarily shut down in May because of concerns over rising waters, and regulators last year warned Exxon...
Jury Finds for Insurer in $22M Suit Over Hail Damage Claims
Jul 4 2011 // A jury in Houston, Texas, has found in favor of a property insurer in a lawsuit brought by a townhouse homeowners association over roof hail damage to 22 buildings. Summer Hill Village Community Association sued Colony...
Dubious Claims
Jul 4 2011 // California, Florida, Texas, New York and Michigan generate almost half of all suspicious claims to property/casualty insurance companies, a new report says. These states account for 49 percent of all “questionable...
Minnesota Workers’ Comp Claims Decrease
Jul 4 2011 // Minnesota workers’ compensation claims have fallen 44 percent relative to the number of employees from 1997 to 2009, according to the Minnesota Department of Labor and Industry (DLI). The “2009 Minnesota...
Commercial Auto Claims on the Rise – Will Rates Come Next?
Jul 4 2011 // An increase in claims from cargo theft and freight physical damage is expected to lead to higher insurance rates in the commercial auto class, a welcome development for some insurers after years of prices going...
Massachusetts Tornado Claims Surpass $140 Million
Jul 4 2011 // The financial toll from tornadoes that ravaged several Massachusetts communities has risen dramatically. The state’s Division of Insurance estimated that residents have filed 8,200 insurance claims totaling $140...
Ohio Posts Largest Decline in Unemployment Claims
Jul 1 2011 // Ohio is reporting the nation’s largest decline in new applications for unemployment benefits, while the government says the number of claims nationwide is mostly unchanged. That’s seen as evidence that the...
MBIA May Bring Fraud Claim Against Bank of America’s Countrywide
Jul 1 2011 // MBIA Inc. may pursue a lawsuit accusing Bank of America Corp.’s Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion. A New York state appeals...
Gulf Oil Spill Claims Fund Too Slow: U.S. Attorney General
Jul 1 2011 // The fund oil firm BP set up to deal with compensation claims after last year’s Gulf of Mexico oil spill is working too slowly, U.S. Attorney General Eric Holder said Thursday. The fund is not sufficiently transparent...
UK’s Legal Expense Insurers Say Referral Fees Cause for Claims Increase
Jun 30 2011 // The UK’s Legal Expenses Insurance Group (LEIG) has taken issue with claims that the rise in lawsuits over automobile accidents are responsible for the car insurance rate rises. The Group, which was formed in April...
Survey: Law Firms Face Rising Number of Malpractice Claims
Jun 30 2011 // The recent economic recession and prolonged real estate market slump are triggering a rise in the number of malpractice or professional liability claims lodged against law firms this year. A new study by insurance broker...
