Latest Claims Headlines
All the headlines from our Claims Topic Page, ordered by recency.
Minn. Gov. Signs Bill Banning Managed Care Services in No Fault Auto Claims
Mar 29 2002 // Minnesotans may need to brace themselves for a sharp rise in auto insurance premiums as a result of legislation recently signed by Gov. Jesse Ventura that severely restricts insurers ability to contain medical costs...
U.K.’s Claims Direct Reports Loss
Mar 28 2002 // Claims Direct, the U.K. company which provides insurance settlement services, reported that it expects a loss of £22 million ($31.3 million) for its fiscal year ending March 31. The company, which had a great deal of...
NY Agent/Broker Associations Join to Fight Auto Fraud
Mar 27 2002 // Four leading New York agent and broker trade groups have joined forces to combat “rampant fraud” in the state’s no-fault automobile claims procedures. The Professional Insurance Agents of New York, Inc....
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Workers’ Comp Texas, A League of its Own
Mar 25 2002 // One of the many singular phenomena that sets Texas apart from the rest of the U.S. is the fact that it is the only state in the Union that does not require its employers to participate in the workers’ compensation...
Workers’ Comp TexasA League of its Own
Mar 25 2002 // One of the many singular phenomena that sets Texas apart from the rest of the U.S. is the fact that it is the only state in the Union that does not require its employers to participate in the workers’ compensation...
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Divorce Leads Calif. Man to Fraud Arrest
Mar 19 2002 // On March 12, 2002, investigators with the California Department of Insurance (CDI) Criminal Investigations Branch’s Fraud Division arrested Jamel Hassan Nichols, 33, for insurance fraud. According to investigators,...
Willis Study Finds DO Market in Disarray
Mar 14 2002 // Global insurance broker Willis Group Holdings Limited has issued its assessment of the Directors and Officers Liability Insurance (D&O) market, and concludes that it “is in considerable disarray, with insurance...
Neb. DOI Warns of Fictitious Vehicle Damage Claims
Mar 12 2002 // The Nebraska Insurance Fraud Prevention Division of the state’s insurance department announced it was recently notified of an alleged fictitious vehicle damage fraud scheme involving individuals from New Jersey and...
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...
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...
