In Your Business

US Adjusting Services 2018 Adjuster Conference

  • 2/28/2018 - 3/2/2018
  • Author: Leeann H
  • Number of views: 31
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U.S. Adjusting Services 2018 Adjuster Conference - February 28, 2018 - March 2, 2018

 

 

 

 

Louisiana Citizens RFP - CAT SERVICES

  • 7 February 2018
  • Author: CADO Admin
  • Number of views: 0
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Louisiana Citizens RFP - CAT SERVICES
Louisiana Citizens Property Insurance Corporation invites all qualified Applicants to submit responses in accordance with the requirements outlined in its Request for Proposals (RFP) for Catastrophe Services. 

Proposals from applicants can be submitted on any of three distinct Service Categories; 
(A) Catastrophe Claims Administration Services 
(B) Catastrophe Adjusting Services  
(C) Catastrophe First Notice of Loss Call Center Services

The deadline for submitting proposals is 4:00 PM Friday, February 16, 2018.

2018 NCC Adjusters Conference in San Antonio, TX!

  • 2/25/2018 - 2/27/2018
  • Author: CADO Admin
  • Number of views: 179
  • 0 Comments
2018 NCC Adjusters Conference in San Antonio, TX!

2018 Difference Makers Adjuster Conference

We invite you to attend our conference in San Antonio, TX at the Historic Menger Hotel, steps from the Riverwalk and Alamo. Our conference offers informative educational sessions, CE Classes, Xactimate training, valuable networking opportunities, and opportunities to speak with NCC leadership. This year, we are excited to have our sister company ICA attending as well. We specifically developed our programming with our adjusters in mind; you don't want to miss this leading claims event!

2018 Crawford CAT Conference - San Antonio

Updated: 1-26-2018

  • 2/25/2018 - 3/1/2018
  • Author: Roy
  • Number of views: 2183
  • 0 Comments
2018 Crawford CAT Conference - San Antonio

Crawford CAT Services is going to San Antonio!

And you're invited!

Our 2018 Crawford CAT Conference will be in San Antonio, Texas from February 25, 2018 to March 1, 2018. Come network with industry experts, earn Continuing Education credits, and more! Hope to see you there!



 

Sedgwick to buy rival Cunningham Lindsey

Source: BUSINESS INSURANCE HOLDINGS

  • 6 December 2017
  • Author: CADO Admin
  • Number of views: 0
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"Sedgwick Claims Management Services Inc. has agreed to buy London-based loss adjuster and claims management firm Cunningham Lindsey Group Ltd., the firms announced on Wednesday.


Details of the transaction, which is expected to close in 2018, were not disclosed.

David North, Sedgwick’s president and CEO, said in an interview that the transaction significantly increases the firm’s international presence.

“Cunningham Lindsey has ... gone through an amazing transformation as a company. They brought in a new leadership team at the corporate level about three years ago and they’ve done an outstanding job of getting that company in leading positions in a variety of places around the world,” he said."

Insurers ache for qualified inspectors after U.S. hurricanes

Source: Reuters

  • 11 September 2017
  • Author: CADO Admin
  • Number of views: 0
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(Reuters) - Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars' worth of property damage in less than two weeks.


Although insurers maintain some number of inspectors, known as claims adjusters, across the U.S. year-round, they must redeploy staff from other areas or hire contract workers to fill gaps when catastrophes like Hurricanes Harvey and Irma strike. The speed with which they can do so is critical to residents and business owners awaiting insurance payments.

Citizens: We weren't ready for major impact from Hurricane Matthew

Source: sun-sentinel.com

  • 18 June 2017
  • Author: CADO Admin
  • Number of views: 1753
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An Oct. 5 news release declared: “Citizens is ready for Hurricane Matthew, Are You?”

Months later, Citizens — with 225,000 policyholders in Broward, Palm Beach and Miami-Dade counties — revealed it was not ready to respond to a major storm in South Florida. Companies Citizens had hired to provide independent claims adjusters for post-storm damage assessments supplied far fewer adjusters than Citizens requested.

...

Hill Country Claims Group

  • 10 May 2017
  • Author: CADO Admin
  • Number of views: 0
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Hill Country Claims Group
 Hill Country Claims Group is pleased to announce the acquisition of Advanced Property Claims of Denver, Colorado. APC is now a wholly owned subsidiary and sister company to Hill Country Claims Management. Doug Moe will remain President of APC as well as Vice President of Commercial Claims in our CAT Division. Stay tuned for more news coming soon. 

Proposed Senate bill calling for hailstorm litigation reform finds favor in insurance industry

Source: setexasrecord.com

  • 16 April 2017
  • Author: CADO Admin
  • Number of views: 2022
  • 0 Comments
AUSTIN – Texas lawmakers have filed Senate Bill 10 in an effort to pass legislation that would decrease, or halt altogether, hailstorm litigation abuse.

....

Hail litigation has spiraled out of control in Texas, mainly because of a small group of bad actors who abuse the system,” said Hancock in a statement published Feb. 13. “Senate Bill 10 will address this problem, improve transparency and protect Texas consumers from sky-high premiums without infringing on their right to make an insurance claim or sue their insurance company when it's not holding up its end of a deal.”

 

CRAWFORD & COMPANY® ACQUIRES MAJORITY INTEREST IN WEGOLOOK®, LLC

  • 6 December 2016
  • Author: CADO Admin
  • Number of views: 3699
  • 0 Comments
CRAWFORD & COMPANY® ACQUIRES MAJORITY INTEREST IN WEGOLOOK®, LLC
Atlanta, GA – December 6, 2016 – Crawford & Company® (www.crawfordandcompany.com) (NYSE: CRD-A and CRD-B), one of the world's largest independent providers of claims management solutions to insurance companies and self-insured entities, today announced the acquisition of a majority interest in WeGoLook®, LLC (WGL™ or WeGoLook), an online and mobile collaborative economy platform headquartered in Oklahoma City, Oklahoma. This strategic investment in WeGoLook will enable Crawford® to revolutionize, automate and expedite the claim handling process by utilizing a large mobile workforce for automotive and property inspections. The acquisition of 85% of the membership interests of WeGoLook by Crawford, which is subject to certain conditions, has been approved by the Board of Directors of both companies for $36.125 million and is expected to close in early January 2017. 

Crawford & Company® Launches Australia’s First National Insurance Drone Service

Crawford 7/6/16 Press Release

  • 26 July 2016
  • Author: Roy
  • Number of views: 6200
  • 0 Comments
Crawford & Company® Launches Australia’s First National Insurance Drone Service

SYDNEY (6 July, 2016) – Crawford & Company® has launched Crawford® Drone, designed to significantly improve catastrophe and operational claims management by providing real-time detail.

Darren Trot, Crawford’s national business development manager, said, “Drone technology ideally complements traditional claims assessment practices and gives us access to areas that were previously inaccessible or hazardous.”

ICAT Partners with Neon to Provide Additional Catastrophe Capacity

Source: ICAT Website

  • 26 July 2016
  • Author: Roy
  • Number of views: 0
  • 0 Comments
Partnership will allow ICAT to write additional per-risk cat capacity in the U.S. E&S market

Broomfield, CO: ICAT has teamed up with Neon, the specialist Lloyd’s insurer, to provide an additional $10 million of per-risk capacity to catastrophe-exposed commercial properties in the United States. The partnership expands ICAT’s per-risk catastrophe capacity up to $150 million.

ICAT’s partnership with Neon, along with ICAT’s comprehensive coverage, best-in-class service, industry-leading expertise and innovative product solutions, demonstrates ICAT’s commitment to continual service and product enhancements for their agents, brokers and insureds.

Insurance Jobs and Careers @ Zurich

  • 9 February 2016
  • Author: CADO Admin
  • Number of views: 0
  • 0 Comments
Our people are our most important asset. Together, we foster the continued success of Zurich in North America through collaboration and support. The value of working at Zurich is being part of an organization that offers growth opportunities, community involvement and expert training.

The above from the Zurich Career page.

New Simsol Software Database Release

  • 8 February 2016
  • Author: CADO Admin
  • Number of views: 0
  • 0 Comments

SIMSOL Software announced the release of its next generation estimating platforms cost database.

Orlando, FL (PRWEB) February 08, 2016

SIMSOL Software (Simultaneous Solutions, Inc.) announced the release of its next generation estimating platforms cost database. The new cost database named the "Simsol/Craftsman Complete Building Repair Registry" coincides with the software company's release of its Version 7 of its estimating system for property insurance adjusters and restoration contractors.



All insurers should resist dubious claims

  • 8 February 2016
  • Author: CADO Admin
  • Number of views: 0
  • 0 Comments
Shingles are something you never want to have, unless they're on the top of your house or on the outside of your law office. 

Joe Cantu is fortunate not to have shingles, at least not on his roof, but he does have cement tiles up there, and some of them apparently got damaged when the March 29, 2012 hailstorm hit his Hidalgo County home. 

Though conceding that only 8-14 tiles were damaged, Cantu nevertheless wanted his insurer, State Farm Lloyds, to replace all the tiles on his roof, ostensibly to make sure they would match. 

When State Farm told Cantu “can't do,” Cantu said “can too” and filed suit. 

Last month, a federal jury agreed with State Farm. It wasn't a difficult decision in the end, because the cost of replacing the damaged tiles was less than Cantu's deductible. 

Source: setexasrecord.com 

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Insurance Headlines

Insurance firm demands London diocese return $10M in sex abuse payouts

Posted: 02.21.2018

An insurance company is demanding the return of $10 million in sex abuse ... a policy that the diocese says it was protected by between 1963 and 1971. The diocese claims in the 2016 court document that Great American provided it coverage for bodily injury ...

 

Novelist’s battle over disability insurance claim sparks a reckoning in Quebec

Posted: 02.21.2018

The refusal of the school’s insurance provider to approve his disability claim last November pushed him deeper into his dark hole. But it was only in early February as Archibald was facing financial ruin that his doctor informed him that the company ...

 

Novelist’s battle over disability insurance claim sparks a reckoning in Quebec

Posted: 02.21.2018

The refusal of the school’s insurance provider to approve his disability claim last November pushed him deeper into his dark hole. But it was only in early February as Archibald was facing financial ruin that his doctor informed him that the company ...

 

Montrealer's fight for insurance benefits highlights dangers of social media: lawyers

Posted: 02.21.2018

The article prompted a wave of denunciations from doctors, union leaders and citizens, with some sharing their own stories of being denied claims with the hashtag #avecsam. It also elicited a response from Archibald's insurance company, which defended its ...

 

Prosecutor Says Company Tried to Monopolize Towing in New York

Posted: 02.21.2018

Mr. Vance and the indictments accuse the Steininger Enterprise of stealing hundreds of thousands of dollars from insurance companies by filing fraudulent claims. The defendants were also accused of damaging some vehicles after the collision, a practice ...

 

Bruce Sackrison's Insurance Matters: After the home fire: 7 steps

Posted: 02.21.2018

Step 7: Don’t settle until you are satisfied. Lucy was prepared. The insurance company issued a check with language saying, “By cashing this check, you are agreeing to close the claim.” But she still had concerns, so she didn’t agree to close the ...

 

Insurance firm demands London diocese return $10M in sex abuse payouts

Posted: 02.21.2018

An insurance company is demanding the return of $10 million in sex abuse ... a policy that the diocese says it was protected by between 1963 and 1971. The diocese claims in the 2016 court document that Great American provided it coverage for bodily injury ...

 

Personal Insurance Site Gabi Raises $9.5 Million; Now Selling in 6 States

Posted: 02.21.2018

The company also targets what it calls “passive” shoppers who may have looked for insurance years ago but have not constantly researched. Gabi claims that its algorithm can identify quality customers; it says its average customer has a loss ratio below ...

 

New York To Investigate Insurance Bias Against Gay Men After Bombshell News Report

Posted: 02.21.2018

New York state financial regulators say they plan to investigate claims that gay men have been denied life, disability and long-term care insurance policies after ... told The New York Times last week that companies making such denials could be penalized ...

 

Washington Court Rules on Discoverability of Insurer’s Claim File by Third Parties

Posted: 02.21.2018

In 2013 the Washington Supreme Court found that an insurance company’s claim file was presumptively not privileged in disputes between insurance companies and their insureds unless the insurance company could demonstrate that the attorney-client aspects ...

 

New Jersey’s Innovative Coverage Concepts Appoints Eighmy as Director of Claims

Posted: 02.21.2018

Earlier in his career, he was an assistant vice president at GAB Robins North America Inc. He began his insurance career in 1998 with Murdock Claim Management Company, where he rose through the ranks to become president of the company in 2005. ICC is ...

 

Anthem ER Denial Policy Has Insurance Industry On Edge

Posted: 02.21.2018

The emergency room claims may be denied after a review by an Anthem medical ... "In both (policies), the incentive is to the insurance company that keeps the money that is supposed to be used to pay for medical care, and uses the denial and or delay ...

 

Title companies sue over DFS regulations

Posted: 02.21.2018

New York’s title insurance companies are taking the state to court over strict ... In court documents, they claim DFS’s new regulations — which took effect Feb. 1 — will “wreak havoc” on title companies by forcing company closures, layoffs ...

 

Washington Court Rules on Discoverability of Insurer’s Claim File by Third Parties

Posted: 02.21.2018

In 2013 the Washington Supreme Court found that an insurance company’s claim file was presumptively not privileged in disputes between insurance companies and their insureds unless the insurance company could demonstrate that the attorney-client aspects ...

 

Northern California Wildfire Victims Learn 'Your Insurance Company Is Not Your Friend'

Posted: 02.21.2018

"Your insurance company is not your friend," Lamantia said ... Several fire victims complained in interviews that adjusters who poured in from other states to help companies process claims misinformed policyholders about their rights.