Latest Claims Headlines

University Professor Says ‘Early Offers Program’ Could Improve Tort System

Aug 19 2008 // An “early offers” program in which medical malpractice and product liability lawsuits could be quickly settled would improve a tort system that is often slow, expensive and unfair, according to a new book...

As Sewers Age, Canada’s Insurers See Mess of Claims

Aug 18 2008 // The Canadian insurance industry is seeking ways to stem a rising tide of claims for water damage to homes that it says results partly from aging sewer systems that badly need replacement. Some of its response involves...

New Disaster Center Opened in South Texas to Help With Dolly Claims

Aug 13 2008 // A news disaster recovery center has been opened in Sebastian, Texas, with Texas Department of Insurance (TDI) staff on hand to assist South Texas consumers with Hurricane Dolly-related insurance issues. The new DRC opens...

Texas Orders $4.4M in Fines and Restitution in June

Aug 8 2008 // Enforcement actions by Texas Commissioner Mike Geeslin in June included five license revocations, a license denial, and fines and restitution totaling $4,422,505, theTexas Department of Insurance reported. Copies of...

Koster Claims Victory in Missouri Attorney General Race

Aug 7 2008 // Attorney general candidate Chris Koster was dogged throughout the Democratic primary about whether he was a true-blue Democrat. Enough Democrats decided he was. Koster, a state senator who switched from the Republican to...

Clean-Up Underway After Wild Storms Damage Illinois, Indiana

Aug 6 2008 // Evacuate Wrigley Field and O’Hare Airport because of a summer storm? Unbelievable. Tornado sirens screeching within Chicago city limits–unheard of. Ninety thousand lightening strikes reported by the Chicago...

Montana Supreme Court: Claims for Bodily Injury Can Cover Injured Plus Observer

Aug 4 2008 // The Supreme Court of Montana ruled that even a bystander’s claim for bodily injuries can be covered in an insurance policy. According to court documents in Allstate Insurance Co. v. Terry Wagner-Ellsworth and Tiffany...

CNinsure Affiliates Receive High Rankings

Aug 1 2008 // China’s independent insurance agency and brokerage group CNinsure Inc. announced that “twelve of its affiliated insurance intermediary companies, including eight insurance agencies, one insurance brokerage and...

Missouri Court Upholds $16 Million Bad Faith Award Against Allstate

Jul 30 2008 // Allstate Insurance Co. has lost its appeal of a $16 million judgment against it for not settling a claim for the $50,000 limit on an auto insurance policy. The Missouri Court of Appeals this week upheld an award of more...

Calif. Earthquake Authority Prepared to Handle Claims; Expects Minor Damage

Jul 30 2008 // Only 12 percent of California homeowners currently own earthquake insurance policies, potentially leaving millions of Californians financially unprotected in the event of a catastrophic quake. Of the 12 percent of...

Hartford Insurance Results Dip in Q2 Due in Part to Tornado Claims

Jul 29 2008 // Hartford Financial Services Group Inc.’s earnings fell in the second quarter, hurt by claims from tornado damage. Operating earnings fell 9 percent to $696 million. Net income for the second quarter was down 13...

N.H. Calls on Insurers to Get More Claims Adjusters to Storm Victims

Jul 29 2008 // Last week’s severe tornadoes and thunderstorms in New Hampshire have prompted the state’s insurance chief to allow temporary emergency licensing of property/casualty claims adjusters to speed up...

York Insurance Services Group, Inc. invests in Gregory B. Bragg & Associates, Inc.

Jul 25 2008 // York Insurance Services Group, Inc. invests in Gregory B. Bragg & Associates, Inc. creating leading public entity insurance services provider in U.S. PARSIPPANY, N.J., (July 25, 2008) – York Insurance Services...

Farmer Charged With False Crop Insurance Claims

Jul 21 2008 // A San Joaquin County, Calif., farmer has been indicted for allegedly filing false claims for crop insurance benefits. Federal investigators say 47-year-old Gregory Peter Torlai Jr. of Stockton, Calif., filed six false...

Montana Supreme Court: Claims for Bodily Injury Can Cover Injured Plus Observer

Jul 15 2008 // The Supreme Court of Montana has ruled that even a bystander’s claim for bodily injuries can be covered in an insurance policy. According to court documents in Allstate Insurance Co. v. Terry Wagner-Ellsworth and...

FINEOS Claims ® selected by the Lifetime Care & Support Authority (LTCSA) of New South Wales

Jul 14 2008 // – FINEOS to deliver automated claims management solution for catastrophic personal injuries – Dublin, Ireland, July 14, 2008 – FINEOS Corporation, a global provider of innovative enterprise software...

Weather Claims Hurt Progressive Insurance 2d Quarter

Jul 10 2008 // Auto insurer Progressive Corp. reported Thursday a drop in second-quarter net income as it absorbed higher claims from natural catastrophes and wrote off $40.8 million in investments. Progressive’s combined ratio,...

Public Adjusters Take the Heat for Reopened Hurricane Claims

Jul 7 2008 // Public adjusters are being blamed for thousands of unresolved insurance claims in Florida dating back to the 2004 and 2005 hurricane seasons. A Florida task force monitoring how state-backed Citizens Property Insurance...

Jul 7 2008 // People McQueary Henry Bowles Troy LLP (MHBT) added Jim Anderson as senior vice president in the Dallas-based firm’s property/casualty group. Anderson will oversee the production and account management of...

New York Says Many 9/11-Injury Plaintiffs Not Seriously Ill

Jun 27 2008 // Many of the thousands of people who have gone to court for illnesses stemming from the 2001 terror attacks don’t have serious health problems, lawyers for New York City claim in court papers. About 10,800 plaintiffs...