Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Insurance Industry Can Help Pizzerias Avoid Losses on Super Bowl Sunday
Feb 4 2011 // Americans will consumer 30 million slices of pizza on Sunday, making Super Bowl Sunday one of the busiest day of the year for pizza chains. Papa Johns, the official pizza sponsor for Super Bowl XL, expects to have its...
Claims Chief Feinberg Says Gulf to Recover from BP Oil Spill by 2012
Feb 4 2011 // The Gulf of Mexico should recover from the massive BP oil spill by the end of 2012, the administrator of the $20 billion victims compensation fund said. By that time, most of the harmful effect of the worst offshore oil...
Judge Finds Claims Fund Chief Feinberg Not Independent of BP
Feb 3 2011 // The administrator of BP Plc’s $20 billion fund to compensate victims of the Gulf oil spill is not independent and the oil company must refrain from calling him “neutral,” a federal judge ruled on...
Oklahoma Seeks Out-of-State Adjusters to Help with Storm Claims
Feb 2 2011 // Oklahoma Insurance Commissioner has issued an emergency order granting licenses to insurance adjusters form other states to help cope with claims expected as a result of a major winter storm. The state is among those being...
91,000 Gulf Oil Spill Claimants, BP Partner Gets Only Final Payment
Feb 2 2011 // BP’s compensation fund for Gulf oil spill victims has issued a final settlement payment to just one of the thousands of people and businesses waiting for checks, records show, and that $10 million payout went to a...
Mississippi AG Asks Court to Intervene in BP Oil Spill Claims Fund
Feb 2 2011 // U.S. courts must compel the administrator of BP’s $20 billion oil spill fund to meet his legal obligations and stop short-changing victims of the Gulf of Mexico disaster, Mississippi said on Tuesday. Until now,...
Washington Approves 12% Workers’ Comp Rate Hike
Jan 31 2011 // Washington’s Department of Labor & Industries (L&I) has approved an increase to the state’s workers’ compensation premium rates by an average 12 percent or 6.5 cents per hour for 2011. The new...
Mississippi AG Wants Judge to Take Over BP Oil Spill Claims
Jan 27 2011 // Mississippi Attorney General Jim Hood is asking for the federal judge in charge of the litigation surrounding the BP oil spill to take over the Gulf Coast Claims Facility process. Hood filed a “Statement of Interest...
Atlantic Casualty Names New Vice President of Claims
Jan 27 2011 // The Atlantic Casualty Insurance Co., a member of the Strickland Insurance Group, has tapped Lawrence F. (Larry) McAuliffe to serve as the North Carolina-based company’s new vice president of claims. McAuliffe...
Eastern Shore Consulting Launches Claims Beat Podcast Series with ClaimsJournal.com
Jan 25 2011 // Hosted by Eastern Shore’s Bill Garvey, first podcast features Randall Day of FINEOS Chicago, IL – January 25, 2011 – Eastern Shore Consulting, a consulting firm specializing in insurance software selection...
Connecticut Collected $6M in Recovered Claims and Fines Last Year
Jan 24 2011 // Connecticut regulators say they recovered approximately $3.4 million last year for consumers who complained that their insurers mishandled their claims — and then handed out another $2.35 million in fines against...
Medicare Set Asides in Workers’ Compensation
Jan 24 2011 // What Agents & Brokers Need to Know One of the most important services a broker provides its customers is workers’ compensation claims review. Successful resolution and prompt closure of workers’...
Florida Looking for Ways to Curb Sinkhole Losses
Jan 24 2011 // Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought...
Florida Officials Press for Improved BP Claims Administration
Jan 21 2011 // Florida’s attorney general said this week that she wants more responsiveness from the administrator handling a $20 billion Gulf oil spill claims fund. Republican Pam Bondi told journalists at The Associated...
Capgemini/Efma Report Urges ‘Re-focusing,’ ‘Operational Efficiencies’
Jan 21 2011 // In their recently released 2011 World Insurance Report Capgemini and Efma explore how insurers can “dissect their business to identify opportunities that will make fundamental and lasting improvements to their core...
RSA Posts 2010 Weather Impact Update; 2011 Outlook
Jan 20 2011 // The UK’s RSA announced that the “impact of the adverse weather in November and December 2010 to be around £142 million [$229 million] more than normal levels and for the full year to be around £255 million...
Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door
Jan 18 2011 // As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about...
Plaintiffs’ Lawyers in BP Litigation Fighting Over Claims Fund
Jan 18 2011 // Plaintiffs’ lawyers battling BP Plc in the oil-spill litigation may be united in the desire to make the company pay, but they’ve started fighting over whether to try to rein in Kenneth Feinberg, who runs...
Florida Lawmakers Seek Ways to Curb Sinkhole Losses
Jan 14 2011 // Florida lawmakers are trying to address the cost of sinkhole claims, which state officials and insurers say are driving up property insurance rates and could threaten the solvency of some domestic insurers if not brought...
Ohio: More Than 3,000 Medical Liability Claims Closed in 2009
Jan 13 2011 // The Ohio Department of Insurance announced that its fifth annual Ohio Medical Professional Liability Closed Claim Report shows a total of 3,344 medical professional liability claims were closed in 2009. Claims that...
