Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Report Says North Dakota Workers’ Comp Claims Not Wrongly Denied
Oct 2 2008 // The interim chief executive of North Dakota’s workers’ compensation agency say he’s pleased with a new consultant’s report that found no evidence Workforce Safety and Insurance wrongly denied...
Adjusters Working Ike Claims from Texas Coast to Arkansas Border
Oct 2 2008 // Thousands of insurance claims adjusters are examining the damage left behind by Hurricane Ike from the Texas coast to the Arkansas border, the Insurance Council of Texas (ICT) reported. Millions of dollars in insurance...
Real Estate Lawyers Face Rising Malpractice Claims
Oct 1 2008 // Legal malpractice claims related to real estate are up approximately four percentage points according to the just-released American Bar Association study of legal malpractice claims for 2004-2007 compared to the previous...
Study Shows Increase in Treatments per Workers’ Comp Claims
Sep 26 2008 // The National Council on Compensation Insurance, headquartered in Florida, posted a new research study regarding a continuing increase in treatments per workers compensation claims. NCCI says in recent years, workers’...
Texas Windpool Not Denying Claims on a Blanket Basis, Spokesman Says
Sep 26 2008 // A spokesman for the Texas Windstorm Insurance Association says rumors that the association will deny Hurricane Ike claims on a blanket basis are unfounded, untrue and completely misleading. “TWIA’s guidelines...
Geeslin: Too Early to Tell How Much Ike Will Ultimately Cost
Sep 25 2008 // Texas’ top insurance regulator told lawmakers on Sept. 24 that the insurance industry estimates there will be around 300,000 claims – including commercial property claims – stemming from Hurricane Ike,...
PartnerRe Ike Claims at $175-$200 Million; Lowers Gustav Estimates
Sep 24 2008 // Bermuda’s PartnerRe Ltd. announced that its early estimate of claims relating to its exposure to Hurricane Ike is currently between $175-$210 million on a pre-tax basis, net of reinstatement premiums. The bulletin...
Aon Comments on EU Court Decision Limiting Age Discrimination Claims
Sep 24 2008 // In a bulletin from its London Office, Aon Consulting notes that an “Advocate-General at the European Court of Justice today rejected Age Concern’s claim that forcing people to retire at or after 65 without...
Aon Warns ‘Poor Packaging’ in Fashion Industry Could Affect Claims
Sep 18 2008 // “Poor packaging by the fashion industry could mean that insurers refuse to pay claims for damaged goods in transit – not to mention that replacement clothing and accessories are unlikely to be delivered in time...
Hurricane Ike Tests Texas Windstorm Association’s Ability to Pay Claims
Sep 18 2008 // The Texas Windstorm Insurance Association (TWIA) on Sept. 17 announced that anticipated claims from Hurricane Ike will force it to use the entire $370 million remainder of its Catastrophe Reserve Trust Fund, according to...
Mo. Workers’ Comp Claims Decline, Sparks Debate Between Officials
Sep 17 2008 // The number of workers’ compensation claims has gone down since a 2005 Missouri law made it harder to prove workplace injuries. Insurance premiums also have declined for businesses. Republican Gov. Matt Blunt touts...
Louisiana Commissioner: Citizens Can Handle Gustav and Ike
Sep 17 2008 // Commissioner Jim Donelon said the Louisiana Citizens Property Insurance Corp. has received 26,000 Gustav claims so far and the company estimates the storm will cost it $150 million – an amount Donelon said Citizens...
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...
