Latest Claims Headlines

All the headlines from our Claims Topic Page, ordered by recency.

Holocaust Claims Rejected

May 9 2000 // Of the 909 claims presented to the International Commission on Holocaust Era Insurance Claims, 124 have been settled, 393 have been rejected and the remaining 392 are still pending, the L.A. Times reported...

DOCS FALSIFY CLAIMS

Apr 24 2000 // A recent study suggests that doctors manipulating reimbursement rules so that their patients can receive the care they need is on the rise as doctors feel more pressure to provide treatment not authorized under...

Questions & Answers

Apr 24 2000 // Q. We have a customer who was involved in a not-at-fault auto accident that included both bodily injury and extensive vehicle damage. An agreement on the amount of vehicle damage has been determined, but the adjuster said...

Allstate Profits Drop; Cat Claims to Blame

Apr 20 2000 // Allstate Corp.’s first-quarter operating profits fell 27 percent, due largely to higher than expected catastrophe claims. The country’s number two property-casualty insurer announced that operating profit,...

Doctors Admit Falsifying Insurance Claims com

Apr 12 2000 // A recent study suggests that doctors manipulating reimbursement rules so that their patients can receive the care they need is on the rise as doctors feel more pressure to provide treatment not authorized under...

WORKERS’ COMP MARKET OVERVIEW

Apr 3 2000 // CALIFORNIA STILL CRAZY AFTER ALL THESE YEARS By Sky Barnhart “After five years of product being given away, it’s a crazy, crazy market, and it’s put a lot of people on the producers’ side out of...

Munich Re at Impasse with Regulators over Holocaust Claims

Apr 3 2000 // The dialogue between the California Department of Insurance (CDI) and Germany’s Munich Re came down to a legal standoff in March with respect to the reinsurer’s perceived delays in turning over documents...

Privacy Legislation Could Have a Negative Impact on W/C Insurers

Apr 3 2000 // broad coalition of insurance and employer trade associations and companies recently filed comments with the U.S. Department of Health and Human Services on proposed medical records privacy regulations. Insurers argue the...

New Global Insurance & Claims Service Launched

Feb 25 2000 // A new company will be launched in May 2000 called dotRisk Limited. It will offer insurance placement, claims handling and a claims trading marketplace. dotRisk’s focus will be business-to-business exchanges and will...

NAIC: Int’l Effort To Settle Holocaust Claims

Feb 16 2000 // Lawrence Eagleburger, Chairman of the International Commission on Holocaust Era Insurance Claims (ICHEIC), announced the launch of a comprehensive international effort to resolve outstanding claims on insurance policies...

Study Says Auto Accidents Down, Injury Claims Up

Feb 2 2000 // According to findings in a new study conducted by the Insurance Research Council (IRC), there was a significant decrease in the frequency of auto accidents from 1980 to 1998. However, during the same time period, bodily...

Brazil Copes with Fake Auto Theft Claims

Feb 1 2000 // According to a report by Reuters News Agency, the Brazilian Insurance Federation can only verify about 70 percent of the claims received by local insurers concerning lost or stolen vehicles. A record 353,000 cars were...

U.K. Claims Code In Force, As Weather Hits New Year Celebrations

Jan 2 2000 // Rain snow and arctic weather hit the British Isles over the New Year’s weekend, causing some damage, snarling transport, and leading to the cancellation of many planned celebrations. U.K. insurers anticipate a number...