Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
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...
Sound Science, Not Lawsuits, Will Solve Mold Dilemma
Jun 24 2002 // Almost daily, media outlets around the country run stories on people getting sick or abandoning their homes because of mold. Schools, fire stations, court houses, private homes – any kind of building is seemingly at...
Equitas Reports Small Surplus Decline, Increase in Solvency Margin
Jun 21 2002 // Equitas, the Lloyd’s vehicle set up in 1992 to run off asbestos and environmental claims from prior years, reported a slight drop in its overall surplus of £21 million ($ 31.4 million) to £679 million...
PID Seeks Bidders for Med Mal Claims Administration
Jun 12 2002 // The Pennsylvania Insurance Department (PID) is seeking bidders to provide claims administration services to the Pennsylvania Medical Liability Catastrophic Loss Fund (CAT Fund) and the Medical Care Availability and...
Fake Stucco, Real Trouble: EIFS-Related Claims Constrict CGL Markets
Jun 11 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Marshall and Swift/Boeckh Unveils Interactive Training Tool For Claims Estimating
Jun 10 2002 // Marshall and Swift / Boeckh (MS/B) of New Berlin, Wis., a provider of building cost data and estimating technology for the property and casualty insurance industry, announced the launch of a new service, IntegriClaim™...
$2.7 Billion PPG Asbestos Settlement Puts New Pressure on Insurers
Jun 10 2002 // A year ago insurance consultants Tillinghast-Towers Perrin published a report that global claims settlements and jury verdicts in asbestos related cases could reach $200 billion from over a million claims “before...
WTC Claims Dispute Spills Over
Jun 10 2002 // The legal dispute between Swiss Re and Silverstein Properties, over whether the destruction of the twin towers of the World Trade Center constituted one occurrence or two, has spilled over to involve the Willis group, the...
Fake Stucco Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Insurers Look to Wipe Clean Toxic Mold Claims
Jun 10 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...
$2.7 Billion PPG Asbestos Settlement Puts New Pressure on Insurers
Jun 10 2002 // A year ago insurance consultants Tillinghast-Towers Perrin published a report that global claims settlements and jury verdicts in asbestos related cases could reach $200 billion from over a million claims “before...
WTC Claims Dispute Gets Nasty (ier)
Jun 10 2002 // The legal dispute between Swiss Re and Silverstein Properties, over whether the destruction of the twin towers of the World Trade Center constituted one occurrence or two, has spilled over to involve the Willis group, the...
Fake Stucco, Real Trouble: EIFS Related Claims Constrict CGL Markets
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Late Notice May Insure Responsibility for Pre-Tender Defense Costs
Jun 10 2002 // Texas requires automobile liability insurers and general liability insurers to include language in their policies establishing a “prejudice” requirement before late notice can be used as a defense. For...
HNC Decision Manager for Claims
Jun 10 2002 // HNC Software Inc., a New Orleans-based decision management software provider, has unveiled HNC Decision Manager for Claims, an automated claims management system for workers’ compensation carriers. Hindered by Sept....
AIA and NAII Oppose California’s SB 1763
Jun 10 2002 // California senators recently approved Senate Bill 1763, designed to restrict insurance companies from writing mold and liability restrictions into their policies. The bill, which was introduced by Senator Deborah Ortiz...
Calif. Insurers’ Homeowner Profits Drowning in Water Damage Claims
Jun 6 2002 // Rising household water damage claims have cost California insurers billions of dollars and are constricting the homeowners insurance market, according to a study done by the Insurance Information Network of California. The...
Non-adversarial Adjusters Advising Claimants Are Practicing Law, Court Rules
Jun 6 2002 // The Washington Supreme Court has ruled that an insurance claims adjuster who develops a non-adversarial relationship with a person filing a claim and advises that person on settling the claim is practicing law. An adjuster...
NAII Urging Iowa to Refrain from More Involvement in Hail-Damage Claims
Jun 3 2002 // The National Association of Independent Insurers (NAII) is urging the Iowa Division of Insurance to refrain from issuing new directives on claims involving hail damage to buildings and diminished value of vehicles damaged...
Mendoza Calls Holocaust Survivor Claims a
Jun 3 2002 // Gary Mendoza, Republican candidate for California Insurance Commissioner, announced his intention to make the resolution of the Holocaust survivor insurance claims a top priority of his administration, if elected in...
