Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
The Time is Not Right to Drop Real Estate Professionals E&O
Nov 29 2010 // The ongoing downturn in the real estate market is forcing many professionals to make tough choices on where to trim expenses. While during a hot real estate market realtors would not consider dropping their errors and...
Final Claims Process for BP Oil Disaster Victims Begins
Nov 24 2010 // The administrator of the $20-billion fund created by BP Plc to compensate Gulf of Mexico oil spill victims announced plans Wednesday for processing final payments. Administrator Kenneth Feinberg said in a news release that...
BP Claimants Face Deadline, Choice to Settle Now or Later
Nov 23 2010 // Fishermen and business owners stung by a summer of lost revenue from the Gulf of Mexico oil spill have until Wednesday to file their compensation claims for short-term damages, but accepting a settlement check is a...
BP Could Gain Claimants’ Rights to Sue Other Oil Spill Firms
Nov 18 2010 // Claimants to BP Plc’s $20 billion oil spill fund may soon be required to transfer to the company their right to sue other defendants, a move that could help BP’s efforts to collect billions of dollars from its...
How an E&O Claim Could Affect Agency Employee’s Career
Nov 18 2010 // Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. But agency owners are not the only ones...
P/C Insurer Rules on Medicare, Medicaid Liability Claims Delayed
Nov 16 2010 // Property/casualty insurers will have some extra time to comply with new Medicare and Medicaid liability claims reporting requirements. The Department of Health and Human Services Centers for Medicare and Medicaid Services...
Nationwide Insurance Reports Net Income of $975M
Nov 16 2010 // Columbus, Ohio-based Nationwide Insurance has reported that consolidated net operating income through September 30 was up 39 percent to $975 million. That is compared to $702 million in the first three quarters of 2009....
Pennsylvania Woman Sues Gas Driller, Claims Water Tainted
Nov 14 2010 // A Pennsylvania woman is suing natural gas driller Chesapeake Energy Corp. and two of its subsidiaries, claiming that drilling near her rural home has fouled the water with methane and other pollutants and created a rash of...
Reporting Firms Face Risks as U.S. Cracks Down on Medicare, Medicaid Costs
Nov 14 2010 // New Insurance Products Cover Risks Created by New Laws and Regulations The federal government’s crackdown on fraud and errors in Medicare and Medicaid is raising liability issues for firms that specialize in managing...
$12 Million Recovered for Colorado Insurance Consumers, State Claims
Nov 12 2010 // Colorado insurance regulators fielded more than 25,500 inquiries from consumers in the past year, resulting in a total of nearly 5,000 formal grievances. During this period, the investigation of these grievances amounted...
Report Confirms Florida Sinkhole Insurance Woes are Deep, Spreading
Nov 12 2010 // A new state report confirms sinkhole insurance claims are rising in Florida, costing insurers millions of dollars in payouts and expenses, cropping up in counties where they have not been a problem in the past, and showing...
Crawford Italy in Potential Acquisition Discussions with Studio Bolton
Nov 12 2010 // Mark Harman, CEO of Crawford & Company for Continental Europe, Middle East & Africa, and Paul Ogni, Country Manager of Crawford & Company Italia, together with William Bolton, Chairman of Studio Bolton &...
Hyatt Calls Injured Workers’ Claims a Union Ploy
Nov 10 2010 // Union-represented housekeepers filed injury complaints against Hyatt Hotels Corp. properties in eight U.S. cities Tuesday, but the company said the filing was a union ploy to gain leverage and members. The 12 filings with...
Washington Wants to Raise Workers’ Comp Rates 12%
Nov 10 2010 // Washington’s Department of Labor & Industries (L&I) has announced a 12 percent average increase in workers’ compensation insurance premiums for 2011. Average premiums would go up by 6.5 cents per hour...
Mississippi Court Denies Bid for Katrina Claims Data
Nov 8 2010 // The Mississippi Supreme Court has upheld the dismissal of a lawsuit filed by a Long Beach man who wanted the state to release records that would show the dollar amount of Hurricane Katrina claims denied by insurance...
American Claims Management Expands Business Relationship With Starr Indemnity
Nov 4 2010 // San Diego, CA, 11/04/10 – American Claims Management, Inc. (ACM) announced an expansion in its business relationship with Starr Indemnity & Liability Company (Starr Indemnity), a wholly owned subsidiary of Starr...
10 Things You Should Know About Landlord Liability and Exposure
Nov 1 2010 // 1. Injury Responsibility A landlord is held responsible for an injury on the rented premises if it can be shown that the landlord or his agent was somehow negligent in maintaining the property, and that the negligence in...
10 Things You Should Know About Landlord Liability and Exposure
Nov 1 2010 // 1. Injury Responsibility A landlord is held responsible for an injury on the rented premises if it can be shown that the landlord or his agent was somehow negligent in maintaining the property, and that the negligence in...
Be Fair to CSRs
Nov 1 2010 // Insurance customer service and claims representatives may not have realized it, but when they fail to do their jobs, they are contributing to the insurance fraud problem. According to a survey by Accenture, more than half...
It Figures
Nov 1 2010 // $220 Million Estimated 2010 storm losses in Kansas climbed to $220 million as of the end of August, according to the Kansas Department of Insurance. There were approximately 59,400 storm claims filed during the same...
