Claims from missing Malaysia Airlines flight likely limited: S&P On Business Insurance - March 31, 2014 Claims arising from the loss of Malaysia Airlines flight 370 likely will be manageable for insurers and reinsurers, according to analysis Monday by Standard & Poor's Corp.  Link To Article

Earthquakes Rattle Southern California On Property Casualty 360 - March 29, 2014 Residents of southern California were rattled by a 4.1 magnitude earthquake Saturday afternoon, the largest of more than 100 aftershocks following Friday's 5.1 rumbler that caused light scattered damage around the Los Angeles area. Saturday's quake rippled through an area near Rowland Heights, California, about 2:32 p.m., according to the U.S. Geological Survey... Link To Article

Ace unit ordered to pay $11.3M in environmental liability case defense On Business Insurance - March 28, 2014 A federal judge in Louisiana has ordered an Ace Ltd. unit to pay an energy company $11.3 million in defense costs and attorneys fees, stemming from an environmental liability policy dispute.  Link To Article

N.Y. Grand Jury Report Outlines High Costs of Workers' Comp Fraud On Property Casualty 360 - March 25, 2014 New York City’s construction industry in 2011 alone cost the city and state approximately $500 million because employers misclassified the type of work their employees did for the purpose of paying workers’ compensation premiums. Link To Article

More Other Claims News

March 20, 2014 - Allianz pays insurance on missing Malaysia jet

March 19, 2014 - Ex-workers comp director must pay more than $1M in fraud restitution

March 6, 2014 - Travelers becomes largest U.S. workers comp insurer: NAIC

March 5, 2014 - More firms consider Texas nonsubscription workers comp system to save money

March 2, 2014 - Medicaid rule changes could delay workers comp and liability settlements

February 28, 2014 - Workers comp changes reducing payments to California surgery centers

Other Claims News Archive