insurance claims dispute News

N.J.’s Sandy Claims Mediation Program Recovered $3.42M Since May

New Jersey’s mediation program to assist residents with unresolved insurance claims related to Superstorm Sandy has recovered $3.42 million for consumers since the program was launched last May, New Jersey Gov. Chris Christie’s administration announced on Jan 10. To date, …

Connecticut’s Disaster Claims Mediation Program Bill Takes Effect

In Connecticut, the state’s insurance department now has the legal authority to establish a mediation program for claims disputes arising from catastrophic losses. The state’s Public Act 13-148 — which was signed into law by Connecticut Gov. Dannel Malloy in …

Travel Insurance Lawsuit Arising From Death in Aruba Dropped

An American Express subsidiary is dropping its complaint against a Maryland man jailed for months in the presumed death of his traveling companion in Aruba. AMEX Assurance Company sued Gary Giordano of Gaithersburg to void a travel insurance policy he …

Iowa City in Insurance Dispute over Landfill Fire

Iowa City, Iowa, officials say their insurance claim over a costly landfill fire last year remains in dispute, and it may force legal action. The Travelers Companies claims the landfill cell that burned for 15 days last May was not …

New Jersey Selects Administrator for Sandy Claims Mediation Program

Kenneth Kobylowski, commissioner for New Jersey’s Department of Banking and Insurance, announced on March 28 that his department has selected the American Arbitration Association to administer a mediation program for still-unresolved first party claims for Superstorm Sandy-related homeowners, auto and …

Sirius XM Sues D&O Insurers, Seeks to Recoup Post-Merger Defense Costs

New York-based satellite radio services company Sirius XM Radio Inc. filed a lawsuit against two directors and officers insurers last week. Sirius XM alleges XL Specialty Insurance Co. and U.S. Specialty Insurance Co.(USSIC) breached their contract by failing to provide …

N.Y. Proposes Establishing Private Right of Action for Insureds Suffering Disaster Losses

A New York legislator proposed a new bill that would establish a private right of action for the insured for unfair insurance settlement practices when the claim relates to loss or injury in regions where the governor has declared a …

Judge Allows Travel Insurance Lawsuit to Proceed in Aruba Missing Tourist Case

A federal judge has refused to dismiss a suit filed by an insurer against a Maryland man jailed over the suspected death of his traveling companion in Aruba.