All the headlines from our Claims Topic Page, ordered by recency.
Dec 8 2015 // Insurers from Lombard General Insurance Co. to American International Group Inc. are bracing for a surge in Indian claims to a 10-year high after unprecedented floods last week ravaged Chennai, the city home to factories...
Dec 7 2015 // The South Carolina Supreme Court has reversed a decade old precedent-setting decision in which it dismissed a legal malpractice case based on the expiration of the statute of limitations and in doing so adopted a new rule...
Dec 3 2015 // Target Corp. will pay about $39 million to banks and credit unions to resolve losses from a 2013 holiday- season data breach, as retailers and financial institutions continue to grapple with the costs of major hacker...
Dec 2 2015 // A Texas company that operates nursing care facilities will pay nearly $3.2 million to settle allegations of receiving kickbacks from ambulance companies.Regent Management Services of Galveston oversees 11 nursing...
Dec 2 2015 // This was another historic year for federal wage and hour lawsuits.Using data obtained from the Federal Judicial Center, law firm Seyfarth Shaw LLP reported that 8,781 cases were filed in 2015 under the Fair Labor Standards...
Nov 30 2015 // ACE Ltd. announced the future claims leadership team it will appoint for the new Chubb Group’s Overseas General Insurance division. The leadership appointments will take effect upon completion of the acquisition of...
Nov 24 2015 // National Football League player Dwight Freeney can proceed with his lawsuit alleging that Bank of America Corp. was complicit in a fraud scheme that caused him to lose more than $20 million and forced his Rolling Stone...
Nov 24 2015 // Worley Claims Services, an insurance claims servicer in the United States, has acquired RJMW Claims Services, Inc., a provider of daily and catastrophe residential and commercial property claims services based in...
Nov 23 2015 // A federal appeals court has ruled against an insurer in its quest to avoid paying attorneys’ fees in litigation stemming from 2010’s Deepwater Horizon oil spill.The U.S. Court of Appeals for the 5th Circuit in...
Nov 23 2015 // A South Dakota rancher has pleaded guilty in federal court to falsely claiming he lost more than a hundred cattle during the autumn blizzard of 2013 that left ranchers in the state reeling with financial losses.Karl...
Nov 23 2015 // Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.*The fourth...
Nov 19 2015 // Zurich Insurance has announced several changes to the executive line up of its U.K. General Insurance business.The appointments are as follows: Karl Helgesen was named U.K. chief claims officer, effective December 2015, as...
Nov 19 2015 // During the 2015 legislative session, the North Carolina General Assembly authorized and funded a study regarding prescription drug formularies in workers’ compensation claims brought by state employees. While this...
Nov 18 2015 // Willis Group Holdings has launched Willis Accounting, a new global electronic accounting platform designed to speed up cash flow and settle claims more quickly with carriers and clients.Following a successful pilot, Willis...
Nov 17 2015 // ACE appointed Judy Matthews as claims client relationship manager for the U.K. and Ireland, as it continues to invest in its client-facing claims management team for ACE’s global accounts division.Matthews will work...
Nov 16 2015 // The Federal Emergency Management Agency’s review of Superstorm Sandy flood insurance claims is taking longer than expected, with fewer than 200 checks issued.FEMA announced in March the review for as many as 142,000...
Nov 16 2015 // Builders and contractors can expect another year of steady growth in 2016 and so can the insurance specialists that serve this rebounding market.The construction industry across the board is seeing strong growth, says...
Nov 16 2015 // Slow claim handling, the use of unapproved rates and a failure to provide required compliant disclosures top the list of market conduct actions taken against U.S. property/casualty insurers in 2014, according to Wolters...
Nov 16 2015 // California’s Workers’ Compensation Insurance Rating Bureau released a study in November showing significant differences in the costs of claims among the state’s regions – particularly Los...
Nov 13 2015 // A federal judge has set a deadline for damage claims filed by relatives of crewmembers who were lost aboard a cargo ship that sank last month in Hurricane Joaquin.U.S. District Court Judge Harvey Schlesinger set Dec. 21 as...