Claims News

Willis Re Names Claims Veteran Robson as Head of London Market Reinsurance Claims

Claims veteran Steve Robson has joined Willis Re as head of London Market Reinsurance Claims, effective immediately. He brings extensive client-side experience and perspectives, and supports the closer alignment of the servicing and placement teams of Willis Re, the reinsurance …

Alternative Service Concepts Promotes Barnes to Claims Manager in Houston

Alternative Service Concepts (ASC), a national workers’ compensation and liability third-party claims administrator (TPA), has promoted Jolie Barnes to claims manager. She is based in Houston. Barnes brings more than 20 years’ of insurance industry experience to her new title. …

Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection

Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims process. Plans call for using the …

Beecher Carlson Taps ACM to Handle Claims for National Client

San Diego, CA, January 7, 2019 – DS Services of America, in partnership with their broker Beecher Carlson, recently selected American Claims Management (ACM) to handle claims management in a portion of the states in which they operate. “In our …

Most Insurers to Increase Payments to California Wildfire Victims Without Itemization

California Insurance Commissioner Dave Jones said this week that most insurers were following a notice he issued requesting that residential property insurers provide at least 75 percent and up to 100 percent of contents coverage limits for wildfire victims who …

Farmers Expects $2.1B in Claims from California Wildfires

Farmers Insurance expects $2.1 billion in claims from the California wildfires in November. The Los Angeles, Calif.-based carrier said it has so far received more than 9,000 claims combined for the Camp Fire in Northern California and the Woolsey Fire …

Report: Workers’ Comp Medical Payments Fell in California After Reforms

Medical payments per claim with more than seven days of lost time in California decreased after the implementation of workers’ comp reform for claims with experience through March 2017, according to a recent study by the Workers Compensation Research Institute. …

CoreLogic to Buy Toronto-Based Claims Workflow Firm Symbility Solutions

CoreLogic, the Irvine, Calif.-based property data and analytics firm, has agreed to acquire the outstanding shares of Symbililty Solutions Inc. not already owned by CoreLogic. CoreLogic currently holds approximately a 28 percent ownership interest in Symbility. Symbility, which is headquartered …

Report: California Self-Insured Workers’ Comp Claim Frequency Rose Last Year

Workers’ compensation claim frequency reported by California’s private self-insured employers rose last year, the first increase in a decade, according to the California Workers’ Compensation Institute. The CWCI issued a report on Monday that shows the incidence of both indemnity …

Idaho Workers’ Compensation Rates to Decrease in 2019

The Idaho Department of Insurance has proved a 4.2 percent drop in workers’ compensation insurance rates effective Jan. 1, 2019. The proposed rate change comes from the National Council on Compensation Insurance, and is a function of declining claim costs, …