Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
California Wildfire Claims Reach 12,700
Nov 28 2003 // According to recent reports, insurers have received more than 12,700 claims relating to the California wildfires. Losses from the fires that ravaged Southern California in October are now estimated to approach close to...
ISO Claims DataBase Provides Enterprisewide Search Solution to U.S. Treasury’s OFAC Watch List
Nov 20 2003 // Insurance Services Office, Inc. (ISO) has expanded its suite of compliance products to help insurers and other businesses comply with the requirements of the U.S. Treasury’s Office of Foreign Assets Control...
V Unveils Call Center Solution for Detecting Fraudulent Workers’ Comp and Car Claims
Nov 20 2003 // V, a provider of layered voice analysis technology (LVA) in North America and markets throughout the world, announced at the National Workers’ Compensation and Disability Conference this week, immediate availability...
Deloitte Survey Says 80% of Insurance Execs Report Industry is Overdependent on Investment Returns
Nov 18 2003 // After years of low interest rates and volatility in the equity markets, senior insurance company executives are reportedly shifting their focus from asset management back to insurance basics. A new survey by the global...
NACE 2003 Set for Orlando Dec. 4-7
Nov 18 2003 // NACE 2003 is returning to sunny Florida this Dec. 4-7 for the 21st annual World’s Collision Repair Event. Speakers, networking with fellow professionals and industry experts, shopping today’s top products and...
Former N.J. Chiropractor Pleads Guilty to Health Care Claims Fraud
Nov 13 2003 // New Jersey Attorney General Peter Harvey announced that a former Bergen County chiropractor previously convicted of insurance fraud has pleaded guilty to additional charges, including Health Care Claims Fraud for...
CEI Selects ADP’s Web-Based Management Application
Nov 7 2003 // ADP Claims Services Group, a provider of integrated business solutions for the property and casualty, collision repair and automotive recycling industries, announced an agreement with The CEI Group Inc. (CEI), a provider...
Panel Says Attracting Private Specialty Carriers to Calif. Will Stabilize WC Crisis
Nov 6 2003 // The California workers’ compensation system is broken with employers under immense financial strain due to continually rising premiums and employees feeling their legitimate claims being tarnished by the increasing...
Calif. Commissioner Allows Insurers to Expand Use of Adjusters for Wildfire Claims
Nov 6 2003 // Calif. Insurance Commissioner John Garamendi released the following statement declaring an Emergency Situation in Southern California due to the wildfires: “Due to the unprecedented destruction caused by Southern...
N.J. Couple Sentenced as Part of $500,000 Fraud Scam
Nov 4 2003 // New Jersey Attorney General Peter Harvey announced that a Camden County husband and wife charged as part of a multiple-defendant insurance fraud scam have been ordered to repay an insurance company more than $25,000 for...
Southern California Wildfires Ravage Hundreds of Homes, Property
Nov 3 2003 // Hundreds of homes in Southern California blazed recently as firefighters worked round the clock to contain the out- of-control wildfires that plagued parts of San Bernardino, San Diego, Ventura, and Los Angeles counties....
WTC CLAIMS WAR OF WORDS CONTINUES AS GOV. SEEKS SETTLEMENT:
Nov 3 2003 // Despite the earnest efforts of New York’s governor George Pataki to find a quick solution to the dispute between Silverstein Properties and Swiss Re over the amount to be paid for the destruction of the World Trade...
Professional Liability/E&O Here Today, Gone Tomorrow
Nov 3 2003 // Professional liability and errors & omissions (E&O) are two coverages that just aren’t yet seeing the impending softening of the hard market—and are unlikely to anytime soon. These days, the professional...
Professional Liability/E&O Here Today, Gone Tomorrow
Nov 3 2003 // Professional liability and errors & omissions (E&O) are two coverages that just aren’t yet seeing the impending softening of the hard market—and are unlikely to anytime soon. These days, the professional...
Who Moved My Benefits’ Change in the Employee Benefits Industry
Nov 3 2003 // Anyone whose life is touched by Employee Benefits—employers, employees, and brokers—has been forced to deal with a tremendous amount of change in the last few years. Group health insurance premiums are increasing...
ISO In Agreement with ProcessClaims to Provide Insurers Streamlined Claims Handling Via Web Services
Oct 31 2003 // Insurance Services Office, Inc. (ISO) has signed an agreement to integrate its ClaimDirectorSM auto physical damage (APD) claim score with the ClaimsPortTM solution from ProcessClaims to enable systematic evaluation of...
Republic Appoints Johnson as VP of Claims
Oct 31 2003 // The Republic Companies, based in Dallas, announced the appointment of Stephen D. Johnson as vice president of Claims. Most recently, Johnson held senior management positions with Farmers Insurance. He has been in private...
Claims Update on Southern California Brushfires from IINC
Oct 30 2003 // Candysse Miller, executive director of the Insurance Information Network of California (IINC), released the following statement regarding claims on the Southern California brushfires: “Our surveys of the insurance...
Alliance Urges Against Mo. Mold Cover Mandate
Oct 29 2003 // The Alliance of American Insurers has urged the Missouri Department of Insurance not to issue a proposed bulletin that would require insurers to provide coverage for mold damage in personal lines policies. “The...
Insurance to Cover Most Damage from Calif. Wildfires; ACIC Offering Claims Filing Tips
Oct 29 2003 // Most of the damage from the rash of wildfires ravaging Southern California will be covered under property owners’ homeowners and fire insurance policies, according to the Association of California Insurance Companies...
