Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Securities Class Actions Decline; More Foreign Firms Targeted
Jul 22 2009 // Federal securities class action activity declined in the first half of 2009, with a particularly significant decline in the second quarter. According to Stanford Law School Securities Class Action Clearinghouse and...
Insurance Claims Firm Says West Virginia Owes It $1 Million Lost in Scam
Jul 21 2009 // A Memphis insurance claims firm wants the more than $1 million that it was supposed to receive from West Virginia, but that was instead diverted in an apparent Africa-based fraud scheme, state lawmakers learned...
Mountain Climbing
Jul 20 2009 // It’s not that the public sector can’t do anything right; it can and does and it very often handles the jobs nobody else wants to do. Monopolies just aren’t good policy— whether they are held by a...
Michigan Democrats Target Insurers Over Bad Faith Claims Denials
Jul 14 2009 // Democrats in the Michigan House are pushing a dozen bills they say are needed to protect consumers from unfair claims practices by insurance companies. But insurers maintain the measures are unnecessary and will do more...
Wisconsin Court: Witnesses Cannot Seek Medical Damages
Jul 13 2009 // The Wisconsin Supreme Court on July 10 tossed out a $200,000 award to a father who watched one of his twin sons die during birth in 1998. In a decision praised by doctors but criticized by trial lawyers, the court ruled...
Survey: Claims Service Is Tops for Agents When Evaluating Carriers
Jul 8 2009 // Quality claims service continues to be the top factor in how independent agents evaluate their carriers, although insurers’ financial strength ratings are now a much bigger concern for agents than in the past, an...
Few Complaints from Texas 2008 Hurricane Claims
Jul 8 2009 // The Texas Department of Insurance (TDI) reported it has received a total of 1,201 justified complaints from the nearly 900,000 claims that originated from Hurricanes Ike and Dolly in 2008. The complaints represent less...
West Virginia Touts Switch to Private Workers’ Compensation System
Jul 7 2009 // West Virginia Insurance Commissioner Jane L. Cline says her state’s one-year old privatized workers’ compensation system is offering better claims administration, lower costs for employers and better treatment...
Oregonians May Qualify For Nationwide Insurance Settlement
Jul 7 2009 // More than 9,000 Oregonians may be eligible for payments as a result of a class-action settlement between Nationwide Mutual Insurance Co. and affiliated companies and homeowner policyholders who claimed they were underpaid...
Court: Professional Liability Policy Excludes Patent Claims
Jul 6 2009 // A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled. The ruling comes in response to a suit brought by...
How Independent Agents View Super Regional Carriers
Jul 6 2009 // Survey Says Claims Service Continues to Top List of Agency Demands Quality claims service continues to be the top factor in how independent agents evaluate their carriers, although insurers’ financial strength...
Real Estate Malpractice Insurance Operating at a Loss in Missouri
Jul 1 2009 // The real estate malpractice insurance line of business has operated at a loss over the last decade, according to a report recently released by the Missouri Department of Insurance, Financial Institutions and Professional...
Study Forecasts Deaths, Injuries After GM, Chrysler Bankruptcies
Jun 26 2009 // More than 3,400 Americans will be injured or killed by a defective Chrysler or General Motors vehicle during the first year of the car makers’ bankruptcies, according to a report by a consumer safety advocacy...
Court: Professional Liability Policy Excludes Patent Claims
Jun 25 2009 // A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled. The ruling comes in response to a suit brought by...
Steamship Mutual Publishes 2009 ‘Management Highlights’
Jun 24 2009 // Steamship Mutual, a major Protection & Indemnity (P&I) Club, has released its 2009 Management Highlights. “The visual theme of the Highlights this year is the illustration of Steamship Mutual’s...
Florida Amends Rules for Reporting Professional Liability Claims
Jun 18 2009 // Florida Gov. Charlie Crist has signed into law a bill that amends the rules for reporting of professional liability claims by insurers and health care providers. The bill (SB 2252) also defines when a claim exists and sets...
Study: California Workers’ Comp Claims Climbed 23%, Despite Reforms
Jun 17 2009 // A new California Workers’ Compensation Institute study on post-reform changes in California workers’ compensation medical payments confirms that since accident year (AY) 2005, insurer payments for treatment,...
Minnesota Workers’ Comp Claims Fall, But Cost Per Claim Rising
Jun 17 2009 // Minnesota’s Department of Labor and Industry has released its annual “Annual Minnesota Workers’ Compensation System Report,” that indicates the number of paid workers’ compensation claims fell...
Ohio High Court: Employer not Eligible for Work Comp Benefits Refund
Jun 17 2009 // The Supreme Court of Ohio has ruled that a double dismissal of a workers’ compensation appeal does not entitle an employer to a refund of compensation benefits from the state. Specifically, according to the Ohio high...
People
Jun 15 2009 // Burns & Wilcox reported that Kendra Corman has joined the company as its new marketing director. Corman is responsible for managing the company’s advertising and marketing initiatives, which includes overseeing...
