All the headlines from our Claims Topic Page, ordered by recency.
Nov 12 2015 // Severe weather in all regions of the state this year has resulted in high numbers of insurance claims from property and auto losses in Texas, according to an insurance company trade group.The Insurance Council of Texas...
Nov 11 2015 // U.S. Supreme Court justices expressed skepticism on Tuesday toward Tyson Foods Inc.’s challenge to an almost $5.8 million class action judgment in a case that could buck the court’s recent pro-business trend in...
Nov 11 2015 // Insurers covering risks for a Brazilian mine where two dams burst last week, killing at least six people, could pay up to $600 million in claims, a source with direct knowledge of the matter said on Monday.A property...
Nov 10 2015 // San Diego, CA, November 10, 2015 – Following a comprehensive selection process, American Claims Management (ACM) was chosen as the third party administrator for Western National Group’s premises liability claims....
Nov 10 2015 // The Florida Office of Insurance Regulation (OIR) ordered Florida’s largest property insurers on Oct. 23 to submit detailed information on water loss claims, mitigation services, litigation and assignment of benefits....
Nov 9 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 9 2015 // Allianz Insurance, the U.K. subsidiary of Allianz SE, has appointed Lee Watts as head of casualty claims.Watts will be responsible for leading the development and implementation of technical claims strategy and best...
Nov 8 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...
Nov 6 2015 // The U.S. Supreme Court scheduled a new showdown over Obamacare and religious rights, agreeing to hear contentions by faith-based groups that they shouldn’t have to facilitate what they consider to be immoral...
Nov 6 2015 // California’s Workers’ Compensation Insurance Rating Bureau released a study on Friday showing significant differences in the costs of claims among the state’s regions – particularly Los Angeles.The...
Nov 5 2015 // St. Louis, Mo.-based Safety National Casualty Corp. is realigning its claims department with management changes.Carl Reynolds, senior vice president – Claims, has retired after a successful 30-year career with Safety...
Nov 5 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 and casualty insurers in 2014, according to...
Nov 4 2015 // CAMICO, a nationwide CPA-directed program of insurance and risk management for the accounting profession, has broadened protection for potential professional liability insurance claims known to policyholders who...
Nov 4 2015 // Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile insurance business.Net income decreased to $650...
Nov 3 2015 // Direct Line Insurance Group Plc, the UK’s largest car insurer, said pricing for its motor business increased in the last two quarters because of higher claims. Rates for car cover rose 8.4 percent in the three months...
Nov 2 2015 // In a move that is sure to further frustrate Florida taxicab companies, the Florida Department of Highway Safety and Motor Vehicles (FDHSMV) has asked a Leon County, Florida, judge to dismiss a complaint requiring the state...
Nov 2 2015 // Ace Ltd. has named the future claims leadership team it intends to appoint for the company’s North America Insurance division upon completion of its acquisition of Chubb, which is expected in the first quarter of...
Nov 2 2015 // The owner of the U.S. cargo ship El Faro that sank in a powerful hurricane off the Bahamas nearly a month ago has filed for protection in Florida federal court from claims it is liable for the deaths of its 33 crew...
Nov 2 2015 // Fewer independent agencies are facing increased premiums for their agency errors and omissions (E&O) coverage and some experts say that is one reason they should consider upping coverage limits at their next...
Nov 2 2015 // Doctors and lawyers are taking up more space in the surplus lines professional liability (PL) markets, with growth and consolidation in the healthcare industry and real estate concerns among the legal field fostering...