Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
It’s no Accident, But is There Coverage’
Mar 11 2002 // Back in the early years of insurance, some great sage recognized that insurance should not apply to damages for the intentional conduct of the insured. Thus, murderers cannot buy murderer’s liability insurance and...
NAII Claims Federal Law, State Regulations Make Conn. Credit Bill Unnecessary
Mar 8 2002 // A bill that would virtually prohibit insurers from using credit scoring in underwriting auto and homeowners coverage in Connecticut is unnecessary in light of federal law and insurance department regulations, according to...
NAII Claims Mo. Rule to License Adjusters after a Disaster Still Falls Short
Mar 6 2002 // A revised proposed state regulation on licensing insurance adjusters after a catastrophe again falls short of protecting Missouri consumers according to the National Association of Independent Insurers (NAII). NAII Counsel...
Claims Examiner Charged With Fraud
Mar 4 2002 // Investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested an insurance company claims examiner Feb. 26. Candace A. England of Oakland was arrested on...
ISO Acquires 100 Percent of NetMap Analytics
Feb 27 2002 // Insurance Services Office, Inc. (ISO) has acquired 100 percent of NetMap Analytics LLC, a Columbus, Ohio-based software company that produces visual-link analysis technology used to detect fraud in insurance claims. The...
The View from Up There-Insurers Embrace Space Age Technologies
Feb 25 2002 // In the summer of 2001, a U.S. District judge in Arkansas ruled against several farmers accused of filing false crop insurance claims totaling approximately $244,000. Key evidence in the lawsuit—filed on behalf of the...
ISO, Seisint to Provide Accurant Products to Insurers to Fight Fraud
Feb 21 2002 // Insurance Services Office Inc. (ISO) and Seisint, Inc. announced a licensing agreement to provide insurers’ claims and special investigation units (SIUs), and subrogation personnel access to a wide range of public...
ACE, XL Reach Accord with Silverstein on WTC Claims
Feb 18 2002 // Settlement negotiations have been successfully concluded between Silverstein Properties, the master leaseholder on the destroyed World Trade Center, and ACE Bermuda Insurance Ltd. and XL Insurance (Bermuda) Ltd, operating...
ISO, Seisint Sign Deal to Fight Fraud
Feb 18 2002 // Insurance Services Office, Inc. (ISO) and Seisint Inc. have announced a licensing agreement to provide insurers’ claims and special investigation units (SIUs), and subrogation personnel access to a wide range of...
PA Court Stays Asbestos Claims Against Dresser Industries
Feb 15 2002 // According to an announcement by Halliburton Co., Chief Judge Judith Fitzgerald of the U.S. Bankruptcy Court, Western District of Pennsylvania has issued a temporary restraining order staying more than 200,000 pending...
ISO Connects Claims Outcome Advisor to ISO Claimsearch All-Claims Database
Feb 14 2002 // ISO is electronically connecting its Claims Outcome AdvisorTM (COATM), the leading bodily injury claims management system, with ISO ClaimSearch®, the property/casualty industry’s most comprehensive all-claims...
IINC Offering Advice on Filing Fire Claims
Feb 12 2002 // As strong winds fuel intense flames, many San Diego area homes remain threatened by a fast moving brushfire that hit about 60 miles north of San Diego Feb. 10. Dozens of homes have been damaged or destroyed, with only five...
Holocaust Insurance Claims Panel Faces Recriminations over Delays
Feb 11 2002 // Many European countries observed Sunday, Jan. 27 as Holocaust Memorial Day, a time set aside to honor the memory of the 12 million human beings—over six million of them Jewish—who perished at the hands of the Nazis...
RSA Ups Loss Reserves, Warns on Earnings
Feb 6 2002 // The U.K.’s Royal & Sun Alliance announced increases in its loss reserves totaling £401 million ($571 million), principally from rising estimates of future asbestos claims, which more than doubled, and...
Claims Expected to Pile up Like Snowdrifts in Midwest
Feb 6 2002 // Tens of thousands of residents of Oklahoma, Kansas and Missouri are still without power after ice storms crippled those states last week, and many thousands of residents are expected to begin filing claims for damage to...
Minn. Workers’ Comp Costs Flatten
Jan 30 2002 // After five years of decline, workers’ compensation costs in Minnesota leveled-off in 2000, according to a report released by the state’s Department of Labor and Industry (DLI). The Workers’ Compensation...
IRC Cites Fraud as Cause of NYC Claims Jump
Jan 29 2002 // A new study by the Insurance Research Council (IRC) has concluded that a 20 percent increase in claims costs in the New York metropolitan area is primarily due to widespread fraud targeting the state’s no-fault...
Lloyd’s Appoints Jeremy Pinchin as Sept. 11 Claims Coordinator
Jan 25 2002 // Lloyd’s of London has appointed Jeremy Pinchin as Special Counsel to coordinate claims connected with the Sept. 11 terrorist attacks. The position was created specifically to handle Sept. 11 claims. ” Mr....
Eagleburger Briefly Resigns as Holocaust Claims Fund Chairman
Jan 24 2002 // Former Secretary of State Lawrence Eagleburger reportedly stormed out of a meeting with European insurers yesterday, and abruptly resigned his position as Chairman of the International Commission on Holocaust Era Insurance...
Seminar Offers Opportunities Available to Explore Environmental Issues
Jan 22 2002 // Insurance Skills Center has developed a pair of workshops that address the insurance implications of toxic mold claims and Montrose issues to be offered in several California locations. The four-hour “Mold &...
