Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
EPLI-Higher Prices, More Claims, Tighter Underwriting
Mar 10 2003 // It is often said that every situation has a light at the end of the tunnel, but the employment practices liability scene may have to squint just a little harder to see those rays of hope while higher prices, more courtroom...
Quackenbush Breaks the Silence
Feb 25 2003 // Insurance Journal senior staff writer Dave Thomas, along with publisher Mark Wells, recently caught up with former California Insurance Commissioner Chuck Quackenbush. Quackenbush, who has been working in Hawaii as a...
Va. Lawmakers Consider Tightening Use of Insurers’ Underwriting, Rating Tools
Feb 24 2003 // As the final days of the 2003 Virginia legislative session unfold, lawmakers are considering several bills that would impact the resources insurance companies currently use to underwrite and rate their products. Senate...
Nelson Promoted to VP of Advanced Risk Technologies
Feb 24 2003 // Concord, Calif.-based Advanced Risk Technologies Insurance Services (ART) announced the promotion of Leticia Nelson from assistant vice president to vice president. In this role, Nelson is charged with managing the...
Ohio Casualty Cuts Claims Staff
Feb 24 2003 // Ohio Casualty Corp. has laid off 87 claims staffers, which the company says will save $1.8 million this year and $4 million annually thereafter. The Fairfield, Ohio, insurer says the cuts will not affect claims service...
Former Claims Rep Arrested
Feb 24 2003 // Investigators with the CDI Organized Auto Fraud Interdiction Task Force arrested Thomas Eugene Jackson, 53, at his residence in Elk Grove, Calif., on 83 felony counts of embezzlement and five felony counts of fraudulent...
Quackenbush Breaks the Silence
Feb 24 2003 // Insurance Journal senior staff writer Dave Thomas, along with publisher Mark Wells, recently caught up with former California Insurance Commissioner Chuck Quackenbush. Quackenbush, who has been working in Hawaii as a...
Med Mal Fever: When Doctors Walk Out, Politicians Notice
Feb 24 2003 // They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and...
Rainbow International to Service Water Claims for Texas Select Lloyds
Feb 18 2003 // Rainbow International® Carpet Care and Restoration Specialist announced that through an agreement with Texas Select Lloyds Insurance Company it will become a preferred vendor for water remediation claims for Select...
P/C Insurers Expected to Pay $5.8B for Insured Property-Loss Catastrophe Losses
Feb 14 2003 // U.S. property/casualty insurers are expected to pay an estimated $5.8 billion in insured property-loss claims from catastrophes last year, making 2002 the fourth-lowest year in losses in the last 10, according to...
Century Announces Staff Promotions and Additions
Feb 13 2003 // Century Insurance Group, an Ohio-based specialty lines insurer, has announced several staff promotions and additions in its Eastern and Western regional offices. The changes in the underwriting and claims departments...
The Evolving Character of Technology Outsourcing
Feb 10 2003 // Perhaps it’s time to replace the word “outsourcing” with a new term. This might be especially appropriate for some of the technology outsourcing options available to the insurance industry today. To some,...
TX WORKERS’ COMP COSTS RISE
Feb 10 2003 // A new study by the Workers Compensation Research Institute shows that workers’ compensation costs per claim in Texas continued to increase at double digit rates during recent years. According to WCRI, workers’...
Avoiding Waiver, Estoppel & Other Things That Go Bump In The Night
Feb 10 2003 // Every claims professional generally understands the need for reserving the carrier’s rights when a claim is made. Every claims handler understands many of the risks that go along with failure to reserve either timely...
The Evolving Character of Technology Outsourcing
Feb 10 2003 // Perhaps it’s time to replace the word “outsourcing” with a new term. This might be especially appropriate for some of the technology outsourcing options available to the insurance industry today. To some,...
Calif. Commissioner Testifies Before Assembly Insurance Committee
Feb 7 2003 // California Insurance Commissioner John Garamendi testified before the Assembly Insurance Committee recently, discussing the impact of water damage and mold on consumers and the insurance industry. Below is the text of his...
AIA Applauds La. Clarification Regarding Absolute Pollution Exclusions
Feb 6 2003 // The Louisiana Department of Insurance’s recent clarification how insurers may use absolute pollution exclusions on commercial lines policies, is expected to ease industry concerns over the application of previously...
PIFC Explains Reasons for Recent Homeowners Insurance Premium Increases
Feb 5 2003 // Diane Colborn, vice president of the Personal Insurance Federation of California (PIFC), told the Assembly Insurance Committee earlier today that the most significant factor in recent homeowners insurance premium increases...
NAII Files Amicus Brief in Ill. Upholding Validity of Appraisal Clause in Claims
Jan 31 2003 // The National Association of Independent Insurers (NAII) filed an amicus brief this week with the Illinois Supreme Court to dispute an attempt by the Illinois trial bar to regulate the insurance industry in the...
Risk Retention Groups Owning Up to Success
Jan 27 2003 // Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps...
