Claims and Costs News

Utility Ameren Missouri Fighting for $30M Insurance Recovery

Ameren Missouri continues its fight to recover more than $30 million from one of its insurers five years after a section of the utility’s Taum Sauk reservoir collapsed and sent more than a billion gallons of water raging through Johnson’s …

Connecticut Prep School, Ex-Student Settle Bullying Suit

Attorneys say a former student at an elite Connecticut prep school is dropping her lawsuit over alleged bullying by a clique of cruel girls. Attorneys for Miss Porter’s School and Tatum Bass said this week in a joint statement that …

Justice Department Settles Virginia Malpractice Suit for $2.3M

The Justice Department has agreed to pay $2.3 million to a couple who claimed inadequate care at Portsmouth Naval Medical Center caused their child to be born with neurological damage. The Virginian-Pilot reports that a federal judge approved the settlement …

BP Claims Chief Meets with Mississippi Business Owners

The administrator of BP’s $20 billion oil spill claims fund has promised fairness and speed in compensating victims, but angry fishermen and business owners are complaining that they’re still not getting what they deserve. Attorney Kenneth Feinberg met Monday with …

Fen-Phen Lawyer Indicted for Insurance Fraud in Kentucky

An attorney who was disbarred after representing clients in a multimillion-dollar diet drug settlement has been indicted on a fraudulent insurance acts charge. The Lexington Herald-Leader reported that a Fayette County grand jury charged Melbourne Mills Jr. on a charge …

The 2010 Insurance Fraud Hall of Shame

Barbara Morris died in a house fire set by an insurance arsonist. Bob Harper bought a fake health policy after urgently needing a pacemaker. A homeless man received a pittance after being rammed by a motorist who bought bogus auto …

Jan. Reinsurance Renewals Saw ‘Orderly Rate Softening,’ Says Towers Watson

Record reinsurer capital levels, strong reinsurer capacity, an absence of major catastrophe losses in the U.S. and competitive pressures helped push down January 1 renewal rates for U.S. property/ casualty reinsurance premiums as much as 10 percent on an overall …

Mine Operators Say New U.S. Rules Will Increase Costs

Planned new U.S. mine safety rules, following a blast that killed 29 men last year, will further raise costs for mining companies that already spent close to $1 billion between them upgrading safety measures four years ago, the mine industry …

Pennsylvania Chiropractor Sentenced in Insurance Scam

A suburban Philadelphia chiropractor has been sentenced to three year in federal prison in a nearly $2 million insurance fraud case. Prosecutors say 50-year-old Joseph Lerner ran a gym and health club in Horsham and encouraged people to join by …

West Virginia Judge Approves DuPont $70 Million Pollution Settlement

A pollution case involving a former zinc-smelter site in West Virginia has been resolved with DuPont agreeing to pay $70 million plus fund a medical monitoring program for area residents. DuPont and lawyers representing 8,500 current and former residents living …