Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
‘Solving Mold Contamination and Water Intrusion Claims’ Seminar Set for Oct. 26 in S.C.
Oct 4 2004 // Thomas McRoy Shelley III, an attorney with Rogers Townsend & Thomas PC will facilitate a Sterling Education Services Inc. seminar, Solving Mold Contamination and Water Intrusion Claims this month. The one-day seminar...
Hurricane-Related Claims Force American Superior Into Receivership
Oct 1 2004 // Florida state regulators have placed American Superior Insurance Co. into receivership (See Southeast News Sept. 29) after it became overwhelmed by homeowners claims. The small company with offices in Plantation, Fla., has...
XL Estimates Frances and Ivan Claims at $220 Million
Oct 1 2004 // Bermuda’s XL Capital Ltd. announced that, based on initial loss reports and preliminary estimates, it expects to receive net claims arising from Hurricanes Frances and Ivan of approximately $70 million and $150...
Fla. Official Urges Patience in Filing Insurance Claims
Oct 1 2004 // After preparing for recent hurricanes, then living through them, the last thing shell-shocked Osceola County, Fla. residents want is difficulty in filing claims with insurance or government agencies. Some homeowners are...
LDI Estimates Nearly $7.2M in Damages from Ivan
Sep 30 2004 // Louisiana Commissioner of Insurance Robert Wooley reported that the Louisiana Department of Insurance’s first estimate of Hurricane Ivan damage in Louisiana is $7,170,000.00, based on a survey of the major insurance...
Florida’s American Superior Consents to Rehabilitation
Sep 29 2004 // American Superior Insurance Company, an insurer that writes homeowners insurance coverage for nearly 60,000 Floridians, voluntarily consented on Wednesday to be put into rehabilitation in response to losses sustained by...
Fla. Debate: Will Storm Claims Lead to Higher Rates’
Sep 29 2004 // State and insurance industry officials agree that the quartet of storms that slammed into Florida will likely surpass Hurricane Andrew, the costliest natural disaster in U.S. history. Officials say the combined damage...
Florida Farm Bureau Uses Satellite Mapping to Speed Insurance Claims
Sep 29 2004 // With more than half of Florida’s 17 million residents directly affected by Hurricane Charley and Hurricane Frances, the Florida Farm Bureau (FFB) Insurance Companies is using geographic information system (GIS)...
WCIRB Monitors Immediate Medical Care Treatment Claims
Sep 29 2004 // On April 19, 2004, Senate Bill No. 899 (SB 899) was signed by the Governor into law. One of the key provisions of SB 899 amended Labor Code §5402 to provide that within one day of receiving an employee claim form, the...
AIG Domestic Claims New IntelliRisk NetSource-R- 6.0
Sep 28 2004 // The Primary Claims division of AIG Domestic Claims, a division of the AIG Companies, has announced the launch of IntelliRisk NetSource(R) 6.0, an enhanced version of the leading web-based claims analysis and inquiry...
$4.4 Billion Claims Expected for Hurricane Frances
Sep 27 2004 // Homeowners and businesses are expected to file claims totaling an estimated $4.4 billion for insured property losses from Hurricane Frances, according to a preliminary estimate by ISO’s Property Claim Services (PCS)...
Insurance Claims Being Tallied for Four Hurricanes
Sep 27 2004 // Roofers and raw materials are scarce. Owners of storm-ravaged homes and businesses are grumbling about delays. And the combined number of insurance claims from Hurricanes Charley, Frances and Ivan is expected to overtake...
Swiss Re Estimates Hurricane Ivan, Typhoon Songda Claims Around $300 Million
Sep 27 2004 // Swiss Re announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300 million before tax. The bulletin noted that these estimates are in addition...
ACE USA Expands DBA Workers’ Comp Coverage; House Named to Lead DBA Product Initiative
Sep 24 2004 // ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, announced the expansion of its Defense Base Act (DBA) product offerings. The new coverages includes “risk control and claims management...
CWCI: New State Law Mandates Bilingual Fraud Language with TD Checks
Sep 23 2004 // Last week, Governor Schwarzenegger signed SBX4-2 (Speier), a workers’ compensation fraud bill that, among other things, revises the fraud notice that insurers and self-insured employers must include on or with an...
Insurers to Pay an Estimated $4.4 Billion for Claims From Hurricane Frances
Sep 23 2004 // Homeowners and businesses are expected to file claims totaling an estimated $4.4 billion for insured property losses from Hurricane Frances, according to a preliminary estimate by ISO’s (www.iso.com) Property Claim...
Sen. Schumer Seeks N.Y. Nuke Workers’ Compensation
Sep 23 2004 // Standing with former nuclear workers from western New York, U.S. Senator Charles E. Schumer (D-N.Y.) took the federal government to task for not processing claims of 525 former nuclear workers or their survivors, and...
U.S. Human Services Chief Thompson Hopes ‘Early Offers’ Pilot Will Reduce Medical Error Litigation
Sep 22 2004 // Health and Human Services (HHS) Secretary Tommy G. Thompson has announced an “Early Offers” pilot program aimed at encouraging settlements of patients claiming to have been injured by medical mistakes. HHS...
A Hurricane Season of Discontent; Lessons Learned in 2004
Sep 22 2004 // Prior to 2004, Florida had gone for five years without a significant hurricane. So it is of little surprise that the onslaught of this year’s three major hurricanes has caught all of us in the insurance industry a...
Endurance Estimates Frances’ Losses at $20 Million
Sep 21 2004 // Bermuda-based Endurance Specialty Holdings Ltd. reported that estimated potential claims from Hurricane Frances, after-taxes and net of reinsurance and reinstatement premiums, are expected to be $20 million or less. The...
