Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
News Currents
Aug 6 2007 // Insurers anticipate claims from Manhattan steam pipe blast Steam blast: Pipes and cables are seen sticking out of the crater created by a steam pipe explosion at the corner of Lexington Ave. and 41st St., July 26, 2007 in...
How to write energy risks in a volatile world
Aug 6 2007 // Today’s energy industry is being challenged by climate changes, market fluctuations, business mergers, natural disasters, terrorism, war, political risk, increasing regulatory and financial scrutiny and evolving...
Putting Florida’s rate filing and reinsurance controversy in context
Aug 6 2007 // Currently underway in Florida is a controversy over the amount of private reinsurance homeowners insurers should purchase in addition to the now expanded $28 billion in reinsurance available from the Florida Hurricane...
Managing energy industry risk in a volatile world
Aug 6 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...
Agents in E&O Buyer’s Seat
Aug 6 2007 // If ever there was a time for insurance agents to get out and go looking for a better errors and omissions policy, this is the season. Agents who do will come across several admitted carriers that are welcoming new business...
Ark. Agents Honor Progressive’s Claims Department
Jul 31 2007 // The Professional Insurance Agents (PIA) of Arkansas named Progressive’s Arkansas claims unit as the 2007 “Claims Department of the Year” following a vote by the more than 250 independent insurance agency...
Tort Reformers Aid D.C. Dry Cleaner Sued Over Misplaced Pants
Jul 31 2007 // Wearing a bright green protest button, American Tort Reform Association president Sherman “Tiger” Joyce last Tuesday evening joined small business advocates in denouncing the now notorious multimillion-dollar...
Insurers Expect Claims from N.Y City Steam Pipe Explosion
Jul 29 2007 // Consolidated Edison in New York has agreed to let two insurance companies anticipating millions of dollars in claims monitor the cleanup of last week’s steam pipe explosion in midtown Manhattan, the utility’s...
N.D. Workers’ Compensation Program Selects Aon’s Valley Oak Systems
Jul 23 2007 // Valley Oak Systems, Inc., an Aon company and provider of insurance solutions, today announced that Workforce Safety & Insurance (WSI), North Dakota’s exclusive workers’ compensation carrier, has selected...
How to make insuring tough product liability accounts easier
Jul 23 2007 // Skis, ladders, pacemakers and nutraceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan, and David Rosenburg,...
People
Jul 23 2007 // The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president...
How to make insuring tough product liability accounts easier
Jul 23 2007 // Skis, ladders, pacemakers and nutraceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan, and David Rosenburg,...
Managing energy industry risk in a volatile world
Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has...
How to make insuring tough product liability accounts easier
Jul 23 2007 // Skis, ladders, pacemakers and nutraceuticals may be different products at first glance, but all share challenges in finding coverage. According to Nan Meyer, product manager for Shand-Morahan, and David Rosenburg,...
Managing energy industry risk in a volatile world
Jul 23 2007 // Taking the time to qualify a responsive and capable carrier with energy industry-specific expertise, upfront, before scrambling to line up quotes or compare policy parameters, is worth the investment. The world has...
Managing energy industry risk in a volatile world
Jul 23 2007 // The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and...
News Currents
Jul 23 2007 // Oregon fines nine AIG companies $5 million The Oregon Department of Consumer and Business Services (DCBS) has imposed a $5 million fine on nine insurers in the American International Group (AIG) for numerous violations of...
Calif. Earthquake Authority pushes for industry assessments
Jul 23 2007 // Southbound Highway 880 traffic was routed around a damaged section of Highway 580 in Oakland, Calif., Monday, April 30, 2007. Crews sifted Monday through the wreckage of a collapsed freeway overpass, and emergency response...
Bankruptcy and D&O Claims Settlements
Jul 23 2007 // Ever since “entity coverage” became a part of the standard directors’ and officers’ policy, bankruptcy courts have wrestled with the question of whether D&O policy proceeds are property of the...
R.I. Report: Transit Authority Paid $5.5 Million to Settle Claims
Jul 20 2007 // Rhode Island’s public transit authority has paid out $5.5 million in the last seven fiscal years to settle injury claims, according to records provided by the agency. The Rhode Island Public Transit Authority two...
