Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Ind. Benicorp in Liquidation; Guaranty Funds to Handle Leftover Claims
Oct 10 2007 // Indiana-based Benicorp Insurance Co. will liquidate under an order filed late last week by a circuit judge. The company’s remaining assets will be sold to generate money, and guaranty associations in several states...
LMA Head Stresses Need for Industry Talent
Oct 9 2007 // “We must raise the general level of awareness about the insurance industry, and bring in the best quality people we can find,” said David Gittings Chief Executive of Lloyd’s Market Association (LMA) in a...
Case Watch
Oct 8 2007 // Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance.An insured accepted a commercial general liability...
Case Watch
Oct 8 2007 // Agent/Broker Liability Lin v. Metro Allied Ins. Agency Tex. App. 1st Dist., Aug. 31, 2007 Insurer liable under DTPA for its agent’s failure to procure insurance. An insured accepted a commercial general liability...
People
Oct 8 2007 // Louisiana Workers’ Compensation Corporation (LWCC) promoted Jamie Bourg to claims manager for the company’s large accounts team. Bourg will manage and direct the claims department, including claims handling and...
People
Oct 8 2007 // James M. McGlennon was appointed vice president and chief information officer for Liberty Mutual Agency Markets, a strategic business unit of Liberty Mutual Group. McGlennon is responsible for the information technology...
Lloyd’s CEO Wants Faster, Better Claims Handling; CII Responds
Oct 5 2007 // Lloyd’s CEO Richard Ward is a man in a hurry. He wants fundamental changes in the way Lloyd’s does business and he’s not prepared to wait. In a speech sponsored by the Insurance Institute of London...
N.Y. Proposes ‘Rainy Day’ Catastrophe Insurance Fund With Eventual Tax Break
Oct 5 2007 // Insurance companies providing homeowners, business and other property insurance in New York State would be required to create a catastrophe reserve fund to help pay claims caused by hurricanes and other natural disasters...
Harleysville Names KillGore Regional VP of Midwest Claims Office
Oct 5 2007 // Harleysville, Penn.-based Harleysville Insurance Co. recently named Kathleen Killgore regional vice president of its Midwest claims service center located in Edina, Minn. In her new position Killgore will be responsible...
Texas Renews 13 Companies to Self-Insure for Workers’ Comp Claims
Oct 3 2007 // Thirteen companies with approximately 49,800 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance Division of Workers’...
Allstate Insurance Co. Civil Trial Begins in Kentucky
Oct 2 2007 // A civil trial regarding Allstate Insurance Co.’s procedures for handling claims began in Fayette County Circuit Court this week. Geneva Hager, of Richmond, Ky., filed a $1.425 billion civil lawsuit claiming the...
Swift Selected as Claims Manager for Calif. State Fund
Oct 1 2007 // Evadne Swift has been promoted to claims manager for California’s State Compensation Insurance Fund’s Oxnard state contracts. Swift joined the organization’s Arcadia, Calif., District Office in 1990 when...
Scruggs Asks Alabama Judge to Throw Out Katrina-Related Charge
Sep 30 2007 // Mississippi trial lawyer Richard Scruggs has asked a federal judge to throw out a charge accusing him of criminal contempt in a dispute related to insurance claims after Hurricane Katrina. In court papers made public last...
La. Commissioner to ask Insurers to Continue Katrina Mediations
Sep 28 2007 // Property insurers in Louisiana should continue mediating outstanding claims of homeowners who sustained damages in Hurricane Katrina and pay the costs of the sessions, although they are not legally obligated to do so,...
Safeco Sends Claims Team to Aid Customers in Minn. and N.D.
Sep 27 2007 // Safeco has deployed claims professionals to help customers in Minnesota and North Dakota recover from a damaging hail storm that occurred September 20-21. Safeco claims representatives arrived in the area shortly after the...
Study Claims ‘Perverse’ Incentives Causing U.S. Disability Costs to Soar
Sep 27 2007 // The number of workers receiving disability in the U.S. is growing so rapidly that these benefits are now the fastest rising component of Social Security spending — growing at nearly twice the rate of retirement...
LWCC Promotes Bourg to Claims Manager
Sep 25 2007 // Louisiana Workers’ Compensation Corporation (LWCC) has promoted Jamie Bourg to claims manager for the company’s large accounts team. According to the company’s announcement, Bourg will manage and direct...
Lawyers should not dismiss lawyers’ professional liability coverage
Sep 24 2007 // The perils facing employed lawyers have increased substantially in the past five years. Attorneys should know better than anyone about the perils that exist and the value of professional liability coverage. Yet there are a...
Report: Insurers did not shift wind claims
Sep 24 2007 // A preliminary report from the federal government found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood...
Progressive apologies for claims handlers’ privacy
Sep 24 2007 // The president of Progressive Insurance Co. issued a written apology regarding some over-zealous claims investigators in Georgia. The Atlanta Journal-Constitution reported about an investigation in 2005 in which two private...
