Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Minnesota Workers’ Comp Claims Decrease
Jun 21 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). According to the “2009...
BP Reaches Deal with Weatherford Over Gulf Oil Spill Costs
Jun 21 2011 // BP has reached agreement with Weatherford U.S., L.P. to settle potential claims between the companies related to the Deepwater Horizon accident. Under the agreement, Weatherford, which manufactured the float collar used in...
Aspen Names O’Hara as Marine Claims Exec
Jun 21 2011 // Aspen U.S. Insurance has appointed Jonathan O’Hara senior vice president of marine claims. He has over 20 years of marine insurance claims and subrogation experience. He began his career in London with WK Webster...
Pennsylvania Woman’s Lawsuit Claims Dunkin’ Brew is Too Sweet
Jun 20 2011 // A Dunkin’ Donuts employee mistakenly put sugar rather than artificial sweetener into a diabetic woman’s coffee, triggering a reaction that sent the woman to the hospital, according to a civil lawsuit filed...
People
Jun 20 2011 // Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board. Denver Regional Office Underwriting Manager Jolene Grow was...
For Construction Projects, Delays and Financing Risks More Common as Economy and Industry Continue to Struggle
Jun 20 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area – financing entities. In addition to the usual construction...
Loophole in Missouri Law Puts Employers at Risk for Occupational Disease Lawsuits
Jun 20 2011 // Employee Lawsuits Are Expected to Increase Missouri employers, including small- and mid-sized companies, should be aware of a loophole in Missouri law putting companies at risk for lawsuits filed by current and former...
Brokers See No Change in Sight for Apartment Market
Jun 20 2011 // Rates Remain Competitive Despite Fewer Carriers, More Catastrophe Losses For apartment owners, the insurance market remains as competitive as it gets. Despite the sometimes heavy exposures that encompass the habitational...
People
Jun 20 2011 // Austin, Texas-based Texas Medical Liability Trust (TMLT) announced that Charles R. (Chip) Ott Jr. will assume leadership of TMLT as president and CEO in late July. He will replace current President and CEO Bob R. Fields,...
Massachusetts Tornado Claims Now Up to $140 Million
Jun 17 2011 // The financial toll from tornadoes that ravaged Springfield and several smaller communities has risen dramatically. The state’s Division of Insurance estimated Thursday that residents have filed 8,200 insurance claims...
Average Long Term Care Liability Claim Rising: Aon Study
Jun 17 2011 // Long term care liability costs are rising because the average claim size is increasing even as claim frequency declines. There has been a four percent increase in the average claim size, according to research by Aon Risk...
New York City Police Pay More in Liability Claims Than Hospitals
Jun 16 2011 // New York City paid nearly $521 million in personal injury and property damage claims in 2010 — marking the first time in 30 years the police department’s liabilities topped those of public hospitals, according...
Report: More Illinois Prison Workers’ Comp Cases Pile Up
Jun 14 2011 // New workers’ compensation claims have continued to pile up this year at Menard Correctional Center in Illinois despite ongoing probes by federal authorities, a newspaper reported on June 12. According to the...
Toyota to Face 2013 Trial Over Sudden Acceleration
Jun 13 2011 // A federal judge has chosen a Utah crash that killed two people as the first bellwether trial in nationwide litigation over whether Toyota Motor Corp. made defective vehicles that sped up unexpectedly. U.S. District Judge...
P/C Insurance Industry Wins, Loses in Scott’s First Session
Jun 10 2011 // It is axiomatic in Florida that when it comes to the legislature and insurance issues, the power brokers play for the last 72 hours. No matter how many committee meetings, no matter how many press conferences, no matter...
Who’s Hiring? Claims Industry Among Top 10 Fastest-Growing
Jun 10 2011 // Employment may be weak across the nation, but several industries — including the insurance claims industry— are expected to rapidly hire new staff in the next few years. Employment in the field of third party...
Texas House Committee OKs Changes to Windstorm Insurance Bill
Jun 9 2011 // A Texas House of Representatives committee has approved big changes to the insurance authority that covers coastal properties for wind and hail. The House Insurance Committee passed a bill overhauling the Texas Windstorm...
Missouri: 17,000 Insurance Claims Filed So Far From Joplin Tornado
Jun 8 2011 // The major insurance companies serving consumers in the Joplin area have received nearly 17,000 claims so far from residents and business owners with damage from the EF-5 tornado that struck the area on May 22, insurance...
Missouri Fund for Injured Workers Stops Paying Claims
Jun 7 2011 // Fifty-five people permanently disabled from workplace injuries are owed money from a Missouri fund but are not getting paid because of the fund’s financial troubles. The St. Louis Post-Dispatch reported that the...
Pennsylvania Woman’s Lawsuit Claims Dunkin’ Brew is Too Sweet
Jun 7 2011 // A Dunkin’ Donuts employee mistakenly put sugar rather than artificial sweetener into a diabetic woman’s coffee, triggering a reaction that sent the woman to the hospital, according to a civil lawsuit filed...
