Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Latest Pennsylvania Fire Claims 15 Houses; Arson Suspected
Jan 27 2009 // The latest in a string of suspicious fires in this suburban Philadelphia city tore through a block of row houses, heavily damaging 15 homes, displacing dozens of people and prompting local officials to declare a state of...
Insurance in Times of Financial Crisis
Jan 25 2009 // Fiduciary liability typically involves an employee suing an employer for not offering employee options for investing in a 401K plan, and the law weighs heavily in favor of the employee in these cases. The current financial...
Insurance Claims for 2008 U.S. Catastrophes to Top $25 Billion
Jan 25 2009 // U.S. property/casualty insurers are expected to pay homeowners and businesses $25.2 billion for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade,...
Georgia Collected $22 Million in Claims Disputes in 2008
Jan 23 2009 // Insurance Commissioner John W. Oxendine said his office helped thousands of Georgia consumers settle disputes with their insurance companies in 2008, returning $22 million in insurance claims to policyholders “Many...
Record $2.4 Billion in Inter-Company Claims Resolved By Arbitration Firm
Jan 22 2009 // A leading arbitration company says it resolved nearly 500,000 inter-company claims disputes valued at more than $2.4 billion in 2008, setting a new record. Arbitration Forums, Inc. (AF), the nation’s largest provider...
Int’l. Underwriting Association Pledges Electronic Claims Payment Progress
Jan 21 2009 // An article on the Lloyd’s web site (www.lloyds.com) discusses plans by the International Underwriting Association for making claims payment a top priority for 2009. The IUA aims to double the number of new claims...
Iowa Landlord Faked Insurance Claims to Cheat Tenants Out of Deposits
Jan 21 2009 // Iowa authorities said that Robert K. Miell was tried and convicted on Jan. 9 on income tax fraud in United States District Court in Des Moines. Last week, Miell had pled guilty to 18 counts of mail fraud relating to an...
Insurance Claims for 2008 U.S. Catastrophes to Top $25 Billion
Jan 20 2009 // U.S. property/casualty insurers are expected to pay homeowners and businesses $25.2 billion for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade,...
Lawyers Hope to Fix Catastrophe- Related Insurance Problems
Jan 14 2009 // The nation’s lawyers who deal with insurance issues are developing policy recommendations designed to improve access to insurance coverage, reduce litigation over coverage and mitigate future losses involving natural...
California Wildfires May Take Longer to Settle
Jan 11 2009 // Industry analysts are predicting insured losses from the Freeway Complex, Sayre and Tea Fires that burned Southern California in mid-November will range from $600 million to $800 million, as of estimates gathered in early...
States Rate Poorly on Consumer Insurance Information on Web
Jan 11 2009 // A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of...
California Hosts Insurance Recovery Forum for Wildfire Survivors
Jan 9 2009 // California Insurance Commissioner Steve Poizner is hosting town hall-style Insurance Recovery Forums for survivors of the November 2008 wildfires. The first of such town hall meetings was held Jan. 8 in Sylmar, Calif....
Nautilus Promotes Barwick, Levensky
Jan 5 2009 // Kellie Barwick has been promoted to vice president-claims and Kimberly R. Levensky has also been promoted to vice president-claims of Nautilus Insurance Group, effective Jan. 1, 2009. Barwick has been with Nautilus...
2008: Top Stories of the Year
Jan 5 2009 // 2008 can be described as a year like no other in the property/casualty insurance world. This year we saw the near death of the world’s largest and most successful insurance company, AIG. The soft market continued to...
Insurer is ‘Torturing’ Policy Using Pollution Exclusion to Deny Death Claims
Dec 22 2008 // U.S. District Judge Lee Rosenthal in Houston has been called upon to rule if Great American Insurance Co. is acting within policy and contract language and in accordance with the required utmost good faith in asserting...
2008: A Year of Financial Storms
Dec 21 2008 // 2008 can be described as a year like no other in the property/casualty insurance world. This year, the industry witnessed the near death of the world’s largest and most successful insurance company, AIG. The soft...
Farmers Insurance Claims California County Contributed to Wildfire Damage
Dec 19 2008 // The giant Farmers Insurance Group blames Santa Cruz County for contributing to the spread of the summertime Trabing wildfire, which destroyed dozens of homes. Farmers filed $3 million worth of claims saying the county...
Aon Highlights ‘Emerging Risks’ for UK Businesses
Dec 17 2008 // Aon has issued a warning from its London office to UK companies, which indicates that they may “face new insurance claim burdens in 2009 with fraud on the increase and spiraling legal fees.” Aon also said that,...
3 Months After Ike: 730K Claims Filed; 2,300-Plus Complaints Received
Dec 16 2008 // By Dec. 13, 2008, the three-month mark since Hurricane Ike’s landfall on Galveston Island, more than 730,000 insurance claims had been filed, a number that will continue to climb in the year ahead, the Texas...
Texas Windstorm Insurance Association: 63% of Ike Claims Closed
Dec 11 2008 // Texas’ insurer of last resort for wind and hail coverage along the coast reports that 63 percent of claims from Hurricane Ike have been closed and that more than $519 million has been paid to policyholders so...
