Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Employment Practices Liability: Like Fine Wine, Better With Time
Nov 7 2005 // Many insurance products grow better with the passage of time, as good underwriters look for ways to structure the policy language to be more response to evolving claims scenarios, legislative and judicial developments and...
Lack of Electricity, Gasoline Slows Hurricane Wilma Recovery Efforts
Nov 7 2005 // Four days after Hurricane Wilma crossed southwest Florida and tore into South Florida, insurance agents in Naples and Miami told Insurance Journal they had not encountered the onslaught of claims they expected, but...
NATIONWIDE AUDITING HURRICANE CLAIMS
Nov 7 2005 // Nationwide Insurance has reached an agreement with state regulators to audit its claims from the 2004 hurricane season and correct any underpayments. The state Office of Insurance Regulation has announced that under the...
Avoiding Financial Catastrophes:Take Care When Procuring Agents E&O
Nov 7 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
How to Write the Diverse Business of Lawyers Professional Liability
Nov 7 2005 // Managing the risk of lawsuits against lawyers. With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale...
UnumProvident Enters Settlement
Nov 7 2005 // Three of UnumProvident Corp.’s insurance subsidiaries have entered into a settlement agreement with the California Depart-ment of Insurance, concluding an investigation of the subsidiaries’ disability claims...
News Briefs
Nov 6 2005 // ILLINOIS Garrett Bonham, 29, seeks more than $75,000 in a lawsuit filed last month for injuries sustained in his 10 years of employment as a performing knight at the Schaumburg, Ill., Medieval Times, according to the...
Lack of Electricity, Gasoline Slows Hurricane Wilma Recovery Efforts
Nov 6 2005 // Four days after Hurricane Wilma crossed southwest Florida and tore into South Florida, insurance agents in Naples and Miami told Insurance Journal they had not encountered the onslaught of claims they expected, but...
News Briefs
Nov 6 2005 // Arkansas 2006 Comp Rates Released The Arkansas Workers’ Compens-ation Commission released its revised Advisory 2000-1, which describes the maximum and minimum rates to be paid to employees who suffer job-related...
UnumProvident Enters Settlement
Nov 6 2005 // Three of UnumProvident Corp.’s insurance subsidiaries have entered into a settlement agreement with the California Depart-ment of Insurance, concluding an investigation of the subsidiaries’ disability claims...
Avoiding Financial Catastrophes: Take Care When Procuring Agents E&O
Nov 6 2005 // Agents and brokers have spent a great deal of energy in recent years finding suitable insurance products for their clients. Not only has the marketplace become more complex, the typical insured has become increasingly more...
UnumProvident Enters Settlement Agreement
Nov 6 2005 // Three of UnumProvident Corp.’s insurance subsidiaries have entered into a settlement agreement with the California Department of Insurance, concluding a market conduct examination and investigation of the...
How to Write the Diverse Business of Lawyers Professional Liability
Nov 6 2005 // Managing the risk of lawsuits against lawyers. With more than a quarter million law firms in the United States, the lawyers’ professional liability market represents a huge opportunity for retail agents and wholesale...
Employment Practices Liability: Like Fine Wine, Better With Time
Nov 6 2005 // Many insurance products grow better with the passage of time, as good underwriters look for ways to structure the policy language to be more response to evolving claims scenarios, legislative and judicial developments and...
Professional liability ripples
Nov 6 2005 // urricane Katrina has long gone, but the aftereffects of the mighty storm are likely to linger for a very long time. Rita and Wilma have compounded the mess. The direct losses are staggering. The latest preliminary figures...
Transatlantic Estimates Net Wilma Claims at $65 Million
Nov 4 2005 // Transatlantic Holdings, Inc. (TRH) announced that its preliminary estimate of pre-tax cost, net of reinsurance, related to Hurricane Wilma is around $100 million, or $65 million on an after-tax basis for the full year of...
Swiss Re Estimates Rita/Wilma Claims at App. $750 Million
Nov 4 2005 // Swiss Re announced that based on current estimates, it expects its aggregate claims for hurricanes Rita and Wilma to be approximately $750 million. CEO John Coomber commented: “This year’s hurricane season...
$3B Katrina Claims Paid in Mississippi; Dale Says He’s in a ‘No-Win’ Situation
Nov 4 2005 // The Mississippi Department of Insurance has been the moderator for numerous Hurricane Katrina victims who claim damage they received from Hurricane Katrina was caused by wind, not flooding; and according to Commissioner...
Frustration Grows in La., Miss., as Hurricane Survivors Wait for Insurers
Nov 4 2005 // Once a proud businessman, William Dwyer sits in a New Orleans-area parking lot these days begging his insurer for money. The 57-year-old retiree said he was quick to file claims after Hurricane Katrina severely damaged his...
Investigators ‘Smelled Something Fishy’ About Atlanta Sewer Workers Claims
Nov 3 2005 // State of Georgia and Atlanta investigators have closed down an insurance scam in which 10 workers at the James Walker Sewer Construction and Maintenance Facility filed disability claims for non-existent injuries....
