Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Calif. Workers’ Comp Costs Per Claim Continue Rapid Growth
Jan 21 2004 // California workers’ compensation costs per claim in California continue to grow rapidly, increasing 15 percent from 2000 through 2001 (as of 2002) and are accelerating, according to a new study from the Cambridge,...
10th Anniversary of Northridge Earthquake Remembered
Jan 15 2004 // As the tenth anniversary of the Northridge earthquake approaches, Californians are constantly reminded that the ground in this state shakes 24-7, 365 days a year. The Northridge earthquake struck on Jan. 17, 1994. In less...
XL Completes Audit; Expects $694 Million Pre-Tax Charge for 2003
Jan 14 2004 // Bermuda’s XL Capital Ltd. has completed its reserve review, begun last October, and confirmed that it will take some substantial charges, affecting both fourth quarter and annual results. It plans to raise at least...
Oxendine: Thousands of Georgia Consumers Helped in 2003; $20.5 Million in Insurance Claims Recovered
Jan 13 2004 // In 2003, Insurance Commissioner John Oxendine’s Consumer Services Division reportedly helped tens of thousands of Georgia consumers settle disputes with their insurance companies, returning $20.5 million in insurance...
DM&A to Handle Claims for New Calif. Auto Program
Jan 13 2004 // Los Angeles-based claims administrator David Morse & Associates will be handling all claims for a new non-standard auto insurance program being sold in California by Sun Coast General Insurance Agency. As part of the...
FARA Promotes Briones to Claims Supervisor
Jan 9 2004 // Mandeville, La.-based provider of risk management solutions and group benefits administration, FARA, announced it has promoted Charlotte Briones to claims supervisor of the Long Beach, Calif. branch office, effective...
Scottsdale-based Auto Claims Direct Expands to 10 Additional States
Dec 29 2003 // AutoClaims Direct Inc. announced the current expansion of the DirectLink appraisal management system and auto appraisal service to 10 additional states. In addition to statewide coverage in California and Arizona,...
ADP Claims Services Group Announces Agreement to Acquire ABZ
Dec 22 2003 // San Ramon, Calif.-based ADP Claims Services Group, a division of Automatic Data Processing Inc. has entered into a definitive agreement to acquire ABZ Group B.V., a privately held company in the Netherlands, Peter Op de...
Accenture to Implement Claim Components Software at Denmark’s Topdanmark
Dec 17 2003 // Accenture has been selected to implement its Web-based Claim Components software application at Topdanmark, a property and casualty company based in Denmark. Topdanmark is the 10th insurer, and the first in the Nordic...
New Hires Named at The McIntyre Group
Dec 16 2003 // New Jersey-based The McIntyre Group announced the hiring of two senior executives as the brokerage and consulting firm continues to expand the depth of its senior executive team. Thomas Kolongowski has been named marketing...
The Southern California Firestorms of 2003
Dec 15 2003 // The wildfires that raged through San Bernardino and San Diego Counties in October have now been declared the worst fire disaster in the history of the insurance industry. More than 8,000 firefighters battled roaring flames...
Canada’s P/C Insurers Report Weaker Q3 Results from Auto Losses
Dec 15 2003 // According to a bulletin from the Insurance Bureau of Canada, the country’s P/C insurers posted generally weaker financial results in the third quarter of 2003, due largely to a downward trend in the auto insurance...
New Executive Hires Announced at The McIntyre Group
Dec 12 2003 // The McIntyre Group announced today the hiring of two senior executives as the brokerage and consulting firm continues to expand the depth of its senior executive team. Thomas E. Kolongowski, a seasoned producer, has been...
MDI: 2002 Med-Mal Payments Didn’t Keep Pace With Injuries
Dec 11 2003 // Severity of patient injuries reached an all-time high for medical malpractice payments in 2002, but victim awards have not kept pace with inflation and increasing disabilities, the Missouri Department of Insurance said in...
Equitas Summarizes 6 Month Results, Comments on Asbestos
Dec 5 2003 // Equitas, the Lloyd’s vehicle established to run-off liabilities incurred prior to 1992, has released a summary of its financial results for the six-month period ended Sept. 30, 2003. It makes a full report only at...
LewisCo Taps Regional VP of Business Development
Dec 4 2003 // Deerfield, Ill.-based LewisCo Group, a national provider of specialized resources for disability, absence and productivity management for insurers and employers, announced that Jack Stone joined the company as regional...
N.J. Man Charged with Workers’ Comp Fraud
Dec 4 2003 // Vaughn McKoy, Director, Division of Criminal Justice, announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has charged a Camden County, New Jersey man with attempted theft, Health...
Platinum Names Industry Vet as Broadspire CEO
Dec 3 2003 // Platinum Equity LLC has named Dennis Replogle president and CEO of Broadspire, formerly Kemper Services. Replogle led a significant development effort at Specialty Risk Services, a subsidiary of the Hartford Financial...
SIAA Claims More Than Just Aggregation
Dec 1 2003 // At first blush, the Strategic Independent Agents Alliance may look like just one more short-term solution to the increasing shift in the balance of power toward insurance carriers away from independent agents. Commissions...
SIAA Claims More Than Just Aggregation
Dec 1 2003 // At first blush, the Strategic Independent Agents Alliance may look like just one more short-term solution to the increasing shift in the balance of power toward insurance carriers away from independent agents. ommissions...
