Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Allstate Study Warns on Coastal Floods
May 26 2004 // Allstate Insurance Company announced that a study it conducted in 2003 identified more than 750,000 homes in coastal hurricane states that may not have flood insurance. The study looked at current Allstate homeowners...
Mass. TPA Proposal Could Put Injured Workers at Risk
May 24 2004 // A Massachusetts budget amendment to explore the designation of a third party administrator (TPA) to manage part of the state’s workers’ compensation assigned risk pool could compromise the services received by...
Progressive Offers Real-Time Claims Info to Independent Agents, Brokers Using Applied Systems
May 24 2004 // The Progressive group of insurance companies announced that it is expanding its partnership with Applied Systems to help independent agencies provide faster, more accurate customer service. Now, agents and brokers who sell...
W. Va. WCBM Passes Pair of Rules
May 20 2004 // The Workers’ Compensation Board of Managers has approved two “historic” rules to regulate how self-insured companies will conduct business in West Virginia. Under Rule 18, the 127 active self-insured...
Ky. Gov. Reappoints Judge to Dept. of Workers Claims
May 19 2004 // Kentucky Governor Ernie Fletcher announced the reappointment of Madisonville Judge Richard Joiner as an administrative law judge in the Department of Workers Claims. An administrative law judge conducts conferences and...
U.K. Survey Finds Compensation Culture Concerns
May 19 2004 // A recent survey commissioned by Norwich Union, a division of the Aviva group, and the U.K.’s largest b general insurer, has concluded that the “compensation culture,” i.e. the unbridled tendency to file a...
GAINSCO Unveils Q1 Numbers
May 17 2004 // Dallas-based GAINSCO INC. reported net income for the first quarter 2004 of approximately $1.1 million. After the accretion of the discount on the redeemable preferred stock of approximately $0.8 million and the accrual of...
CHI-CHI’S CLAIMS MEDIATED:
May 17 2004 // Court-approved mediators have settled 14 of the first 15 claims they have heard stemming from a hepatitis A outbreak at a western Pennsylvania Mexican restaurant last fall. The settlements have been relatively small...
MONTANA MAY HAVE TO PAY PRE-1990 WORKERS’ COMP CLAIMS:
May 17 2004 // The state of Montana may have to pay up to $584,000 in workers’ comp claims because the 2003 Legislature, in an effort to balance the 2004-2005 state budget, diverted $18 million from Montana State Fund. When the...
Insurers Face Class Action Over Isabel Claims
May 12 2004 // Today a class action lawsuit against various insurance companies was filed in United States District Court, Baltimore, Maryland alleging that the insurance companies failed to deliver the promised benefits to thousands of...
New IRC Study Reveals Regional Auto Claim Cost Differences in California
May 12 2004 // According to a new Insurance Research Council (IRC) report, Californians in major cities are more likely than non-metropolitan residents to 1) be involved in auto accidents, 2) have auto insurance losses per insured...
Physician Group’s Study Claims Cost to Society of Lack of Health Insurance in U.S. Tops $100 Billion
May 11 2004 // The cost to society of Americans living without health insurance could run into hundreds of billions of dollars, according to a new report released by the American College of Physicians (ACP). ACP’s The Cost of Lack...
National Flood Reports on Isabel Claims
May 11 2004 // The National Flood Insurance Program has completed reviews of the first group of claims review requests received from policyholders who suffered Hurricane Isabel-related damage. As part of the ongoing review, the National...
ISO Launches Major New Microsoft® .Net-Ready Version of ISO Claims Outcome Advisor Solution
May 11 2004 // The Insurance Services Office, Inc. announced that it has launched the new Microsoft® .Net-ready version of its powerful ISO Claims Outcome AdvisorTM (COA) personal injury claims management solution. “COA Release...
ISO Launches .NET-Ready Version of Claims Software
May 10 2004 // Insurance Services Office Inc. (ISO) has launched the new Microsoft .NET-ready version of its ISO Claims Outcome Advisor (COA) personal-injury claims management software. According to ISO, COA Release 3.1 offers major new...
Personal Insurance Foundation of California Opposed to Most of Homeowners Bill of Rights Package
May 5 2004 // The Personal Insurance Federation of California (PIFC) announced opposition to three of the four measures that make up the “Homeowners Bill of Rights” (HOBOR) package that will be heard in the California...
ACIC Responds to CDI News Conference
May 4 2004 // Sam Sorich, president of the Association of California Insurance Companies (ACIC), released a statement in response to Insurance Commissioner John Garamendi’s recent comments regarding the response of the insurance...
MAJORITY OF OCTOBER FIRE INSURANCE CLAIMS RESOLVED:
May 3 2004 // A new insurer survey estimates that 84 percent of claims stemming from the devastating October wildfires have been settled. A poll by the Insurance Information Network of California of companies representing more than 66...
GAO Study Finds Unauthorized Health Insurers Piled Up $252M in Unpaid Claims
May 3 2004 // A study conducted by the U.S. General Accounting Office (GAO), released at the end of February, found that unauthorized health insurers are costing workers significant amounts in unpaid benefits. The entities surveyed, who...
SFHHA President Responds to ‘Frivolous Lawsuit’ Initiative, Claims It Distracts from Mission
Apr 30 2004 // Linda Quick, president of the South Florida Hospital & Healthcare Association (SFHHA), offered a response on Friday regarding Consejo de Latinos Unidos’ ‘Frivolous Lawsuit’ Initiative;...
