All the headlines from our Claims Topic Page, ordered by recency.
Aug 7 2015 // Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent as lower claims from natural catastrophes offset a drop in earnings at Pacific Investment Management Co.Net income increased to 2.02...
Aug 6 2015 // Munich Re, the world’s biggest reinsurer, raised its full-year profit target after net income beat analyst estimates on lower catastrophe claims. The shares rose.Net income rose to 1.07 billion euros [$1.14 billion]...
Aug 5 2015 // Workers’ compensation premiums in California continue to grow at double-digit rates, according to the Workers’ Compensation Insurance Rating Bureau.The WCIRB recently released its “State of the California...
Aug 5 2015 // Allstate Corp. reported net income fell to $355 million in the second quarter, down from $645 million, as the insurer coped with rising auto claims costs. The Allstate brand suffered an underwriting loss for the...
Aug 3 2015 // A federal appeals court has ruled that whistleblowers who sued State Farm Fire and Casualty Co. can seek more evidence of fraud against the U.S. government after 2005’s Hurricane Katrina.In its decision, the New...
Aug 3 2015 // Coverage, liability and damages analyses are the three common themes of Florida third party bad faith cases, according to two southeast Cozen O’Connor attorneys. The attorneys presented on the subject during a...
Jul 31 2015 // A researcher is advising drivers not to use a mobile app for General Motors Co.’s OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to unlock cars and start engines...
Jul 30 2015 // Hammond, La.-based insurance claims services provider, Worley Claims Services (Worley), is acquiring NCA Group Inc. (NCA), which provides daily and catastrophe residential and commercial property claims services throughout...
Jul 30 2015 // Dallas-based hazard claims insurance processing service provider, Dimont, has added Denis Brosnan, Albert Strausser and Dick Volentine to the company’s executive leadership team, and promoted Fran Weichsel, Darcy...
Jul 29 2015 // Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co. and IBM Corp. liable for conducting business that helped perpetuate the practice decades ago, a U.S. appeals court ruled on...
Jul 29 2015 // San Diego, CA, July 29 2015– Cutting edge technology was one of the primary drivers behind McCormack Baron Management Inc.’s decision to select national third party administrator (TPA), American Claims Management...
Jul 28 2015 // Mitsubishi Heavy Industries Ltd. said the operator of the San Onofre nuclear plant is claiming $7.57 billion in damages related to the shutdown of the California facility.The Tokyo-based company said in a filing that U.S....
Jul 28 2015 // ACE Limited, which announced plans to acquire Chubb for $28 billion earlier this month, has designated a post-merger leadership team for the North American Insurance operations of the combined company.The North America...
Jul 28 2015 // ACE Limited announced that Paul Krump, currently President of Personal Lines and Claims for Chubb, will serve as Executive Vice President for Global Underwriting and Claims for the parent company, effective “upon the...
Jul 27 2015 // It’s a practice seemingly as old as politics itself: top elected officials finding jobs for their wayward sons.The criminal cases against men who used to be two of New York’s most powerful lawmakers both hinge...
Jul 24 2015 // ACE Group has created a new regional head of claims role for the Eurasia and Africa region and has promoted Stephen Crabb, currently political risk and energy claims manager for ACE European Group, to the position.ACE said...
Jul 23 2015 // Dan Daniel Crawford & Company has named Dan Daniel as vice president, U.S. Property & Casualty client development. He formerly served as vice president of Catastrophe Services for U.S. Property & Casualty for...
Jul 20 2015 // Uber Technologies Inc. lost a bid to dismiss a lawsuit over its claims to being safer than taxis.U.S. District Judge Jon Tigar in San Francisco on Friday allowed the case to proceed, finding that the app-based ridesharing...
Jul 20 2015 // A U.S. judge has dismissed a lawsuit by soccer players and parents seeking to force FIFA and other governing bodies to change the sport’s rules to limit the risk of concussions and other head injuries, especially for...
Jul 20 2015 // In Citizens’ 2016 rate proposal, approved last month by the Citizens Board of Directors and awaiting approval by the Florida Office of Insurance Regulation, the insurer of last resort did not recommend any sinkhole...