claims News

Study Says Medical Payments Per Workers’ Comp Claim Decreased in North Carolina

Medical payments per claim in North Carolina decreased five to seven percent per year since 2014, according to a recent study by the Workers Compensation Research Institute (WCRI). These decreases likely reflect fee schedule changes for hospitals and ambulatory surgery …

California Commissioner Issues Emergency Notice to Expedite Wildfire Claims

California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting they expedite claims handling for wildfire survivors to help them begin the recovery and rebuilding process more quickly. “I have …

BHSI Taps Villalba from Zurich Insurance as Head of Claims in Spain

Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Javier Villalba to its expanding leadership team in Spain as head of Claims. Villalba comes to BHSI with nearly 20 years of claims experience. He was most recently director for Expert …

Report: California Self-Insured Workers’ Comp Claims Rose Only Slightly Last Year

California public self-insured workers’ compensation claims from fiscal year 2016-2017 rose less than 0.4 percent compared to the corresponding data from the prior year despite a 2.9 percent Increase in covered employees, according to a report out from the California …

Farmers Estimates $225M Loss from Northern California Fires

Farmers Insurance reported more than 1,300 claims filed, and an anticipated 1,800 total, with an estimated overall loss of roughly $225 million from two California wildfires that burned nearly 150,000 acres this month in Napa, Sonoma, Amador and Calaveras counties. …

Landrieu: Homeowners, Not Lenders, Entitled to Insurance Money

U.S. Senator Mary L. Landrieu, D-La., announced that the U.S. Department of Housing and Urban Development (HUD) has urged Federal Housing Administration (FHA) mortgage lenders to ensure that homeowners receive the insurance payments they are entitled to from damage due …

Should the Directors and Officers Fraud Exclusion Have More Teeth?

Insureds need to understand the circumstances under which their insurer may invoke the fraud exclusion to deny coverage or leverage a reduction in potential payouts. Imagine that you are a new independent director of a public company. Outside auditors uncovered …