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  Other Claims News

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. 

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...

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. 

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.

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

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