Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
BP Claims Chief Meets with Mississippi Business Owners
Jan 12 2011 // The administrator of BP’s $20 billion oil spill claims fund has promised fairness and speed in compensating victims, but angry fishermen and business owners are complaining that they’re still not getting what...
Festa Appointed to Calif. Insurance Guarantee Association Board
Jan 12 2011 // Reno, Nev.-based Employers announced that Stephen V. Festa, senior vice president and chief claims officer, has been named secretary and treasurer on the board of governors of the California Insurance Guarantee Association...
New Alabama AG Says Oil Spill Claims Top Priority
Jan 11 2011 // Incoming Alabama Attorney General Luther Strange says he will hold nothing back to make sure the state and its citizens are compensated for all losses because of last year’s massive BP oil spill. Strange said he will...
Storm Claims Continue Two Years Later
Jan 10 2011 // More than 700,000 insurance claims have been filed from Hurricane Ike, and two years after the storm claims continue to be reported. The Texas Windstorm Insurance Association (TWIA) receives approximately one new claim...
It Figures
Jan 10 2011 // 3.7% Idaho workers’ compensation insurance rates will be increasing an average of 3.7 percent in 2011, according to the state Department of Insurance. The average rate increase is based on National Council on...
Lloyd’s Looks to Gov’t. Reforms to Reduce Skyrocketing Legal Costs
Jan 10 2011 // Lloyd’s leaders have long warned that the “compensation culture” is steadily increasing the costs of legal actions in the UK, as plaintiffs’ lawyers pursue more actions and seek larger recoveries...
American Claims Management Promotes Three to Senior VP
Jan 10 2011 // American Claims Management Inc. has promoted three of its employees from assistant vice president to senior vice president of their respective divisions. Dhara Patel is now senior vice president of Commercial Casualty....
Whistleblower Claims Against Toyota By Former Employee Dismissed
Jan 6 2011 // Toyota Motor Corp. won a victory against a former company lawyer turned whistleblower as an arbitrator dismissed several claims and awarded the company damages, according to a statement from the automaker. Dimitrios...
