Claims Administration definition

Claims Administration means the processing of claims made under the Shared Policies, including the reporting of claims to the insurance carriers, management and defense of claims and providing for appropriate releases upon settlement of claims.

Claims Administration means the processing and payment of claims received from Settlement Class Members by the Claims Administrator.

Claims Administration means the administration of claims made under the Third Party Policies, including the reporting of claims to the unaffiliated, third-party insurance carriers that issued the Third Party Policies, management and defense of such claims, negotiating the resolution of such claims, and providing for appropriate releases upon settlement of such claims.

Examples of Claims Administration in a sentence

• Claims Administration Responsibilities ................................................................36 C.

• Should Settlement Class Members chose to select an Alternative Cash Payment, there is a possibility that they may receive no payment if the total approved claims for Ordinary Losses, Attested Time Spent and Extraordinary Losses plus the costs of the Notice Program and Claims Administration, any Attorneys’ Fees and Expenses Award and Service Award exceed the total amount of the Settlement Fund.

• OR you can elect an Alternative Cash Payment – A pro rata (equal share) payment from the net Settlement Fund, which is $2,450,000 minus payment of costs of the settlement including the costs of the Notice Program and Claims Administration, Attorneys’ Fees and Expenses of up to $661,500, Service Awards of up to $1,500 each to the Representative Plaintiffs, and payments for claims for Ordinary Losses, Attested Time Spent, and Extraordinary Losses.

More Definitions of Claims Administration

Claims Administration means the processing of claims made under the Company Policies, including the reporting of losses or claims to insurance carriers (including as a result of reports provided to IR by Allegion), management and defense of claims, the settlement of claims and providing for appropriate releases upon settlement of claims.

Claims Administration means the administration of the Claims Process by the Class Administrator.

Claims Administration means the processing and payment of claims received

Claims Administration means the processing of claims made under the Shared Policies and Mallinckrodt Policies, including the reporting of losses or claims to the insurance carriers and management and defense of claims, including the right to exhaust, settle, release, commute, buy-back or otherwise resolve disputes with respect to any such claims.

Claims Administration means the processing of claims made under the Company Policies, including the reporting of losses or claims to insurance carriers (including as a result of reports provided to Kimball International by Kimball Electronics), management and defense of claims, the settlement of claims and providing for appropriate releases upon settlement of claims.

Claims Administration means the activities of the Claims Administrator consistent with the terms of this Settlement.

Claims Administration means the processing of claims made under Morgan Stanley Policies, including the reporting of claims to the insurance carrier, management and defense of claims, and providing for appropriate releases upon settlement of claims.