Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Ala. to Hold Regulation Hearings
Jul 26 2002 // The Alabama insurance commissioner will hold hearings at the state department of insurance, 201 Monroe Street, suite 1700, Montgomery, Alabama, on Aug. 14. Issues to be discussed include: • Revision of Regulation No. 106...
Horace Mann Restructuring P/C Claims Operations
Jul 25 2002 // Horace Mann Educators Corporation is restructuring its property and casualty claims operations. The company expects to realize operating and cost efficiencies and also improve customer service by consolidating claims...
AMCOMP Council Issues 9/11 Workers’ Comp Mental Stress Claims Report
Jul 25 2002 // In the wake of the Sept. 11 attack on the World Trade Center in New York City, the American Society of Workers Comp Professionals Inc. (AMCOMP) assembled the Workers’ Compensation Mental Stress Council to study the...
I.I.I. President Says Mold Reaching Crisis Proportions in Texas
Jul 22 2002 // Gordon Stewart, president of the Insurance Information Institute (I.I.I.), said in Congressional testimony July 18 that mold has become a major factor in rising homeowners costs, reaching crisis proportions in Texas, and a...
Trio Arrested in Claims Payment Scheme
Jul 22 2002 // The California Department of Insurance (CDI) arrested three northern California residents on multiple counts. Patricia Anne Okuniewicz, 40, of San Jose, surrendered on 10 counts of insurance fraud, one count of...
Trio Arrested in Claims Payment Scheme
Jul 22 2002 // The California Department of Insurance (CDI) arrested three northern California residents on multiple counts. Patricia Anne Okuniewicz, 40, of San Jose, surrendered on 10 counts of insurance fraud, one count of...
FINEOS Releases New Claims Management System for P/C Sector
Jul 19 2002 // FINEOS Corporation of Dublin, Ireland, has released FINEOS Claims Management for the property/casualty insurance sector. The system provides insurance companies with a central application for effectively managing personal...
IIABA Joins Asbestos Alliance
Jul 18 2002 // The Independent Insurance Agents & Brokers of America (IIABA) has joined the Asbestos Alliance, a coalition of businesses, associations and other groups advocating a fair solution to the growing asbestos-litigation...
Selective Group Unveils Pilot of New Claims Service Center
Jul 18 2002 // New Jersey-based Selective Insurance Group, Inc. has announced plans for a new “24×7” Claims Service Center in 2002—a value-added option for Selective’s independent agents and their customers. The...
First Notice Systems, ptc-NET Form Alliance for Streamlining Property Claims
Jul 16 2002 // First Notice Systems, a provider in claim reporting solutions to the industry, and Alacrity Services’ ptc-NET managed contractor network, a structural loss estimating service and direct repair program, have formed a...
Scor Won’t Increase WTC, U.S. Claims Reserves
Jul 16 2002 // French reinsurer Scor has no plans to pump up its existing reserves to pay for World Trade Center or U.S. liability reinsurance claims, according to Reuters. The news organization reported that Scor CEO Jacques Blondeau...
Texas Mobile Home Claims Rise after Flooding
Jul 16 2002 // Foremost Insurance Co., a Michigan-based insurer providing mobile home coverage, announced a gradual increase in claims in the wake of recent flooding in Texas. A.M. Best reports that the company has so far received 270...
Claims Direct Calls in the Administrators, Shares Suspended
Jul 12 2002 // Claims Direct, the troubled U.K. personal injury compensation settlement company, opted to go into voluntary administration (a procedure similar to a Chapter 11 filing in the U.S.), after failing to raise enough additional...
India’s WNS Acquires U.K. Claims Management Service Co.
Jul 10 2002 // India’s WNS (Holding) Ltd., one of a number of companies on the sub-continent which specialize in providing back office services, will acquire the U.K.’s Town & Country Assistance, an insurance claims...
Ariz. Director of Ins. Visits Claims Facilities in Wildfire Area
Jul 9 2002 // Arizona’s director of insurance, Charles Cohen, recently visited Show Low, Ariz. to inspect the on-site catastrophe claims facilities of the four largest homeowner and auto insurers in Arizona: State Farm, Farmers,...
After the Mold Rush: Montemayor Looks at Future of Texas Markets
Jul 8 2002 // Considering Texas has one of the most difficult insurance markets in the country right now, Insurance Commissioner Jose Montemayor comes across not at all as one might expect—an embattled public official scrambling to...
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...
Insurers Look to Wipe Clean Toxic Mold Claims
Jun 24 2002 // For U.S. insurers, reinsurers, and property professionals still reeling from the $32 million a Texas jury awarded Melinda Ballard in her toxic mold lawsuit against Farmers Insurance last year and the $18.5 million a...
A Preliminary Take on Mold Coverage
Jun 24 2002 // Mold. Stachybotrys. The stuff of broken refrigerators and the aftermath of floods is now the scourge of insurance companies. In the humid South, the epidemic of claims has led to actions by carriers and regulators similar...
Can Politicians Put the Homeowners Market Back Together Again’
Jun 24 2002 // As what could become one of the most competitive election seasons in recent Texas history takes shape, it should come as no surprise that the homeowners crisis affecting consumers virtually statewide has taken on prime...
