Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Insurance Provider Finds Patent Risks in Linux
Aug 3 2004 // Open Source Risk Management (OSRM), a provider of Open Source risk mitigation and management solutions, announced that there are 283 issued, but not yet court-validated, software patents that could be used in patent claims...
London Club Stresses Value of Cohesive Claims Defense
Aug 3 2004 // The London P&I Club reported the successful outcome of a recent dispute in the London High Court involving one of its members is an example of the critical value of swift and detailed claims investigations conducted...
North Carolina Farm Bureau Insurance Group Selects SEEC’s CSA
Aug 3 2004 // SEEC Inc., a provider of legacy modernization solutions for insurance, financial services and manufacturing, and Enterprise Web provider Plumtree Software announced that North Carolina Farm Bureau Insurance Group (NCFB)...
Ga. Commissioner: 43,000 Residents Helped to Date in 2004; $7.9 Million in Claims Recovered
Aug 3 2004 // In the first half of 2004, Georgia Insurance Commissioner John Oxendine’s Consumer Services Division helped more than 43,000 Georgia residents settle disputes with their insurance companies, returning $7,900,840 in...
Growing U.K. Compensation Culture Poses Major Threat to Profitability, Jobs, Survey Reveals
Aug 1 2004 // U.K. businesses are being increasingly hampered by the costs of dealing with the burgeoning compensation culture, which in turn is diverting management resources and financial investment away from core business and revenue...
Bridium Unveils WCIRS for Workers’ Comp Claims
Jul 28 2004 // Atlanta-based Bridium, a technology provider and custom services company for the insurance industry, has introduced WCIRS (Workers’ Compensation Injury Reporting System). Bridium developed WCIRS with features that...
Allmerica Claims ‘Solid’ Second Quarter
Jul 28 2004 // Allmerica Financial Corporation (NYSE: AFC) in Worcester, Mass, whose companies include Hanover and Citizens insurance, reported second quarter net income of $32.4 million, or $0.60 per share, compared to net income of...
IHI Insurance Services, Cal State Fullerton Develop Claims Examiner Education Program
Jul 27 2004 // In an effort to curb an impending crisis, the University Extended Education department at Cal State Fullerton announced that it has started accepting registrations for the Fall 2004 semester for the State University...
Sen. Schumer Targets N.Y. Car Insurance Fraud
Jul 23 2004 // Fraud and auto insurance scams are costing New York drivers millions in inflated insurance premiums, U.S. Senator Charles E. Schumer (D-N.Y.) warned. New York drivers pay the second highest car insurance rates in the...
The Guaranty Fund System: A Vital Safety Net
Jul 22 2004 // Suzanne Sahakian Property/casualty guaranty funds were created by state statutes beginning in the late 1960s to protect the public against financial losses to policyholders and claimants as a result of property and...
Rightfield Solutions Joins with Pa. Insurer in Fight Against Rising Med-Mal Claims
Jul 22 2004 // An agreement announced recently by executives with Professional Casualty Association (PCA), a provider of insurance coverage to physicians in Pennsylvania, and Rightfield Solutions LLC, developers of Emmi, Expectation...
Mass. Workers’ Comp Medical Costs Rise But Still Remain Among Lowest in WCRI Study
Jul 21 2004 // The average medical payment per claim for the care of injured workers in Massachusetts rose 13 percent in the most recent period studied, according to a new report by the Cambridge-based Workers Compensation Research...
EnPro, Equitas Reach Agreement on Asbestos Dispute
Jul 20 2004 // EnPro Industries of Charlotte, N.C., and London-based Equitas announced they have reached a comprehensive agreement to settle the current and future insurance claims of EnPro subsidiaries against certain underwriters at...
Safeco Posts Strong Profits in All Major P/C Segments
Jul 20 2004 // Seattle-based Safeco announced strong second-quarter results, reflecting the company’s solid underwriting and the competitive strength of its automated sales platform. In addition, weather-related catastrophe losses...
Medical Payments Per Claim Highest for Workers in La.
Jul 20 2004 // The average payment per claim for the medical care of injured workers in Louisiana was nearly one-third higher than typical of states examined in a study by Cambridge, Mass.-based Workers Compensation Research Institute...
Big Hammer, Small Nail: Small Contractors and Workers’ Comp
Jul 19 2004 // Some contractors are forgoing coverage altogether and sometimes find themselves shut down by state investigators enforcing rules on proper insurance protection. Small contractors struggling with workers’ compensation...
ISO: INSURERS TO PAY OUT $1.65 BILLION FOR Q2 CAT CLAIMS:
Jul 19 2004 // U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $1.65 billion for insured property-loss claims from six catastrophes affecting 23 states in the second quarter, according to...
One-on-One with Montana State Fund President Laurence Hubbard
Jul 19 2004 // In recent months, Montana lawmakers have been discussing the state’s workers’ comp system, primarily the existence and function of the Montana State Fund. There has been talk of privatizing the Fund, or selling...
Chubb, National Grange, N.Y. Central Mutual and Sterling Top Performers in PIANY Annual Survey
Jul 19 2004 // Chubb Group, National Grange, New York Central Mutual and Sterling Insurance Co. ranked among the top performers out of 38 evaluated in the second annual company performance survey by the Professional Insurance Agents of...
Sanchez Joins Sedgwick CMS Executive Team
Jul 19 2004 // Memphis, Tenn.-based Sedgwick Claims Management Services Inc. (Sedgwick CMS) announced the appointment of Annette L. Sanchez as senior vice president and a member of the executive committee of the North American claims and...
