Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
States May Help AIG; Also Assure Policyholders Claims Will be Paid
Sep 16 2008 // State insurance officials from Pennsylvania and New York, where troubled American International Group’s insurance subsidiaries have a an estimated $120 billion in assets, are offering to assist AIG in raising...
Bermuda Association Explains Reinsurance Risk Spreading Role
Sep 15 2008 // “The global reinsurance market plays an integral role in spreading US hurricane risk around the world,” said a bulletin from the Association of Bermuda Insurers and Reinsurers (ABIR). “Without it, the...
For Independent Agents, Carriers’ Claims Service is Top Performance Measure
Sep 15 2008 // Independent insurance agents want their property/casualty insurance carriers to provide quality claims service above all else, according to an exclusive survey of agents’ attitudes about the insurers their agencies...
Marsh Sees Credit Crunch ‘Hardening’ Rates, ‘But Not Just Yet’
Sep 12 2008 // According to a recently released report from Marsh, “insurance rates across most lines of business in the Europe, Middle East and Africa (EMEA) region continued to soften in the first half of 2008.” However,...
Arizona Public Safety Personnel Costing Millions in Insurance Claims
Sep 11 2008 // Tucson and Pima County officials say injured police officers, firefighters and sheriff’s deputies are costing taxpayers millions in insurance claims. According to records from the city and county, injured...
Texas Bracing for Possible Strike by Hurricane Ike
Sep 9 2008 // As Hurricane Ike barrels over Cuba and heads toward the Gulf of Mexico, it has the potential to become the storm that insurance companies in Texas have feared most, according to the Insurance Council of Texas. As of Sept....
Minn. GOP Convention Officials Bought Liability Coverage in First Time Deal
Sep 5 2008 // Taxpayers should be off the hook for any damages stemming from claims of police misconduct related to the Republican National Convention under a first-of-its-kind agreement. The deal required the Republican Party’s...
Insurers Estimate Gustav Claims as HIgh as $10 Billion
Sep 4 2008 // Residential and commercial damages from Hurricane Gustav will trigger an estimated $4 billion to $10 billion in insurance claims, a third of which could affect the energy industry. While Gustav’s force paled in...
Report: Claims Associated with Violence in the Workplace on Decline
Sep 3 2008 // The National Council on Compensation Insurance released its fourth analysis in a series of reports on workplace violence. The report provides updated data based on the latest available information from the U.S. Bureau of...
New Mexico Court: Class Actions Can’t Be Barred in Small Claims
Sep 1 2008 // The New Mexico Supreme Court has ruled that contractual prohibitions on class actions for small consumer claims violates public policy and is therefore unenforceable. According to Robert Fiser, individually and as a...
Florida Insurers Update Claims Numbers on Fay’s Heels
Aug 29 2008 // The Florida Office of Insurance Regulation reported the latest claims tallies as of today (Aug. 29) for five of the state’s highest volume insurers. As of 9 a.m. EDT, state-backed Citizens Property Insurance Corp....
Soft Market Exposes Value of Risk Control for Golf Insurers
Aug 28 2008 // For the golf industry, 2008 business is at best a bogey — probably worse. And for the agents, carriers and program managers who cater to the golf and country club world, that’s made for a rough market,...
Pennsylvania Chiropractor Charged in Staged Bus Accident Claims
Aug 27 2008 // A former Bucks County, Pa., chiropractor has been accused of fraudulently billing two insurance companies for more than $27,000 for treatments to patients who claimed to have been injured in staged bus accidents. Attorney...
Higher Gas Prices, Lighter Vehicles Could Mean Higher Insurance Costs
Aug 27 2008 // The cost of auto injury claims involving lighter-weight vehicles tends to be higher than the cost of claims involving heavy vehicles, according to new research from the Insurance Research Council (IRC). The average claims...
Update: Florida Claims Continue to Mount in Fay’s Wake
Aug 27 2008 // With Tropical Storm Gustav on deck in the Caribbean, insurance claims from Tropical Storm Fay continue to mount while the storm’s rain producing potential manifests throughout Alabama, Georgia and the Carolinas. The...
Bodybuilding Ex-Boston Firefighter Claims ‘Extreme’ Pain
Aug 26 2008 // A former Boston firefighter, fired after participating in a bodybuilding contest while claiming a back injury made it impossible for him to work, said in a radio interview that the pain he experiences is...
Texas Wind Pool Claims Add Up as New Tropical Storm Develops,
Aug 26 2008 // With hurricane season halfway over for 2008, Louisiana has so far dodged the bullet but Texas has taken on two warning shots with Hurricane Dolly and Tropical Storm Edouard. As hurricanes and tropical storms go, neither...
California State Fund Makes Two Staff Appointments
Aug 26 2008 // Stephen Ray has been appointed manager of the Utilization Review and Lien Unit for California State Compensation Insurance Fund’s Claims/Rehabilitation Department. Ray was hired as a claims adjuster in the...
Update: Largest Florida Insurers Report Homeowners, Auto and Flood Claims
Aug 24 2008 // Insurers continue to tally claims from Tropical Storm Fay after its fourth landfall occurred on the Panhandle. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the...
Florida Homeowners and Auto Owners File Fay Claims
Aug 23 2008 // The claims are piling up in Florida as Tropical Storm Fay is knocking on the Panhandle’s door. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s...
