claims News

California Insurer’s Efforts to Keep Workers and Help During Pandemic Led to Viable New Business

In the annals of how the pandemic changed things, toss in a positive tale from insurer CSAA Insurance Group. Walnut Creek, California-based CSAA, a AAA Insurer, offers automobile, homeowners and other personal lines of insurance to AAA Members through AAA …

Report: Ibuprofen Now Most Heavily Used Drug in California Workers’ Comp

New data shows the types of drugs used to treat injured workers in California, and the distribution of payments for those medications, has shifted over the past decade, with opioids becoming far less prevalent and anti-inflammatory drugs accounting for an …

Former California Insurance Broker Arraigned for Stealing Premium Payments

Formerly licensed insurance broker Robert Minero, 39, of Downey, California, was arraigned this week on five felony counts including insurance fraud and grand theft. The charges were filed after an investigation by the California Department of Insurance revealed Minero allegedly …

Workers’ Comp Claims from 10 Years of Legal Cannabis in Colorado Reveal a Boring Trend

Data on injured workers from the nation’s most mature adult-use cannabis market is pretty boring. No excessive claims resulting from injuries suffered by stoned forklift drivers, high cultivators, or even dispensary workers who were hurt during a robbery. How about …

Trust Distributed $1.69B to PG&E California Fire Victims in 2021

Nearly $1.7 billion has been distributed to victims of California wildfires for which Pacific Gas & Electric was blamed, a new report shows. The Fire Victim Trust has filed its annual report and claims report for the period commencing January …

California Workers’ Comp Bureau OKs 7.6% Pure Premium Filing

The Workers’ Compensation Insurance Rating Bureau of California submitted pure premium rate filing to the California Insurance Commissioner calling for a 7.6% increase. The advisory pure premium rates for the roughly 500 standard classifications proposed to be effective Sept. 1 …

California Workers’ Comp Committee OKs 7.6% Pure Premium Filing

The governing committee of the Workers’ Compensation Insurance Rating Bureau of California authorized the WCIRB to submit a Sept. 1, 2022 pure premium rate filing to the California Insurance Commissioner that is on average 7.6% above the average approved Sept. …

Gallagher Bassett International Acquires UK-Based Claims Settlement Agencies Ltd.

Claims services provider Gallagher Bassett (GB) International has boosted its size and offering in the United Kingdom by acquiring third-party claims administrator Claims Settlement Agencies Ltd. (CSA). Financial details of the deal were not disclosed. Established in 1990, CSA specializes …

After Months of Decline, Florida Claims Litigation Rose Sharply in January

Just when insurers saw signs that last year’s reform legislation may be having an impact on claims litigation, bad news appeared in the inbox Wednesday. CaseGlide, the maker of litigation management software, which also tracks claims disputes, reported that the …

People Moves: Fairfax Financial Promotes Clarke to President; AXA XL Names Lee as Head of Claims, Canada; Zurich’s Price Joins SiriusPoint as Head of Travel A&H

This edition of International People Moves details appointments at Fairfax Financial Holdings, AXA XL and SiriusPoint Ltd. A summary of these new hires follows here. Fairfax Financial Holdings Promotes Clarke to President Fairfax Financial Holdings Ltd. has appointed Peter Clarke …