In Your Business

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: 275
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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.”

 

2017 Hurricane Season Starts

  • 6/1/2017
  • Author: CADO Admin
  • Number of views: 191
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2017 Hurricane Season Starts

We anticipate that the 2017 Atlantic basin hurricane season will have slightly below average activity. The current neutral ENSO is likely to transition to either weak or moderate El Niño conditions by the peak of the Atlantic hurricane season. The tropical Atlantic has anomalously cooled over the past month and the far North Atlantic is relatively cold, potentially indicative of a negative phase of the Atlantic Multi-Decadal Oscillation. We anticipate a below-average probability for major hurricanes making landfall along the United States coastline and in the Caribbean. As is the case with all hurricane seasons, coastal residents are reminded that it only takes one hurricane making landfall to make it an active season for them. They should prepare the same for every season, regardless of how much activity is predicted.

(as of 6 April 2017)

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

  • 6 December 2016
  • Author: CADO Admin
  • Number of views: 1111
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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: 2441
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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
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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: Roy
  • Number of views: 0
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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
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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 

Jobs at Progressive Insurance - Claims

  • 23 September 2015
  • Author: CADO Admin
  • Number of views: 5166
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"Our claims representatives—whether they're in the field, at one of our service centers or on the phone—make good on our promise to get customers back on the road fast.

And whatever the role, each representative has a chance to cultivate a variety of skills."

Opportunities with Eberl

  • 20 September 2015
  • Author: CADO Admin
  • Number of views: 5051
  • 0 Comments

"Claims Associates who work with us don’t just make a living, they build a career. We’re always seeking qualified Catastrophe Adjusters, Daily Claims Adjusters and Claims Associates. We have opportunities for field and in-office personnel to handle a variety of losses.

Employment opportunities are driven by a number of factors, including weather, client needs and industry trends. New opportunities are added often — be sure to check this page regularly for open positions."

ICA, Inc. Employment Page

  • 20 September 2015
  • Author: CADO Admin
  • Number of views: 4852
  • 0 Comments

"The unpredictable nature of catastrophe claims adjusting makes staffing a challenging prospect. Labor requirements fluctuate with windstorm, flood and seismic activity, creating the necessity for an “at-will” or “as needed” adjuster work force, rather than one based on a regular, full-time schedule. Extensive travel and lengthy stays away from home are often required.

Even with that caveat, ICA is continuously searching for quality outside property adjusters and commercial adjusters. We pride ourselves on our Quality Service to our customers and their policy holders. Qualifications should include specific insurance claims adjusting experience in your field of preference and adjuster licensing in your state of residence (if required). Individuals who have a background in a closely related field, such as automobile body repair or home construction, may also be considered for claims adjusting positions. Other requirements for claims adjusting positions include outstanding organizational skills and exceptional verbal and written communication skills. Computer literacy and excellent customer service skills are necessary."

Careers at Pitot Catastrophe Services

  • 20 September 2015
  • Author: CADO Admin
  • Number of views: 4771
  • 0 Comments
"We are constantly looking for top quality personnel to represent Pilot and our clients. As a result, we are always hiring qualified individuals."

"Due to the fact that our business is based on storm related events, all of our positions are temporary as-needed positions. Wages will vary based on the particular storm, your role and the client company you are representing."

Careers with The Littleton Group

  • 16 September 2015
  • Author: CADO Admin
  • Number of views: 4546
  • 0 Comments

Professionals considered for employment with The Littleton Group are those who are up for a challenge and exhibit exceptional performance.

The professionals we hire help us maintain our commitment to continuous client communications, client flexibility, aggressive and proactive claims handling, and unparalleled customer service.

Careers at The Hartford

  • 16 September 2015
  • Author: CADO Admin
  • Number of views: 4468
  • 0 Comments

"You have ideas, goals, and dreams. We have a culturally diverse, forward thinking team looking for talent like you. Our workplace has been recognized time and again. The opportunities are great. The people are greater. Your best will make us even better. Come help us chart the future."

 

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Insurance Headlines

The Top 7 Tips to Choosing the Right Auto Insurance Company

Posted: 05.24.2017

Check whether the company is licensed to sell insurance in your state, look at their complaint ratios and make sure they have the financial strength to pay for your damages in case of a claim. 2. Clear Documentation You should be able to understand every ...

 

East Ramapo School District in Nasty Fight With Its Insurance Company

Posted: 05.24.2017

New York Schools Insurance Reciprocal, the insurance company issued a policy of insurance to the school district that provided coverage for claims made against the school district for “wrongful acts in the performance of duties” by the district.

 

Hoosier tech company to create 185 new jobs

Posted: 05.24.2017

MyCOI tracks and manages certificates of insurance allowing companies to avoid uninsured claims, underinsured claims, costly litigation and failed audits. Founder and CEO Kristen Nunery said the company is excited to grow in Indianapolis. “With ...

 

Fitch Affirms Zurich Insurance Company IFS at 'AA-'; Outlook Stable

Posted: 05.24.2017

ZIC is the main operating company of the Zurich Insurance Group (ZIG ... primarily driven by ZIC's diversified profit sources and reduced claims experience relating to natural catastrophes. Fitch expects that the efficiency programme initiated last ...

 

Lyft insurance issues frustrate Baltimore County man

Posted: 05.23.2017

What's driving him to frustration is the extremely slow handling of his claim against a ride-share company and one of its drivers. "I've never had unresponsiveness from an insurance company. They always accept fault, whether they write a check for less ...

 

Who’s Going to Pay for That? Maybe You (and Your Insurance)

Posted: 05.23.2017

Who’s liable: It’s hard to say whether the Jacksons caused the illness through negligence, but Uncle Joe can still file a claim with their home insurance company. “If someone’s coming at you, injured and looking for money, the first thing you ...

 

Central Mutual Insurance Company Selects Insurity’s Insurance Enterprise View (IEV) as its Enterprise Data Solution

Posted: 05.23.2017

IEV will consolidate detailed policy, billing, and claims data together from a variety of ... About Central Mutual Insurance Central Mutual Insurance Company was founded in 1876, and has evolved into the Central Insurance Companies, a successful property ...

 

Berkley Insurance Company makes executive appointments

Posted: 05.22.2017

Berkley Insurance Company, a subsidiary of WR Berkley Corporation, has appointed Naomi Kinderman and Beth Zaro Green as vice presidents – claims senior counsel. Kinderman joined Berkley in 2011. Prior to that, she directed extra-contractual and coverage ...

 

Backpacker Travel Insurance

Posted: 05.22.2017

Many insurance companies require this for stolen items claims, anyway. Make two copies of your policy and leave one with friends or family back home and keep the other apart from the original in case you lose it. For medical claims, know whether or not ...

 

Berkley Insurance Company Announces Executive Appointments

Posted: 05.22.2017

Berkley Insurance Company, a Berkley company, today announced the appointments of each of Naomi B. Kinderman and Beth Zaro Green as vice president - claims senior counsel. The appointments are effective immediately. Ms. Kinderman joined Berkley in 2011 and ...

 

Court rules that federal flood claims have limitations

Posted: 05.22.2017

... with FEMA that authorizes the private company to issue flood insurance in its own name and assigns the company responsibility for adjustment, settlement, payment and defense of claims arising from the flood insurance. The ultimate responsibility for ...

 

25 Years Later, Man Gets Mom's Life Insurance Payout

Posted: 05.22.2017

Most of the claims are for small amounts, but Frerichs said they once got $8 million of unclaimed money to one recipient. The effort has gone to the legislature, urging insurance companies to comb through decades of unpaid insurance claims. Gant ...

 

Republicans Claim Their Health Care Bill Provides $138 Billion for Preexisting Conditions. They're Lying.

Posted: 05.22.2017

Reinsurance programs reimburse insurance companies if they end up having to spend more money on health care claims than they expect. In general, that does help lower premiums for everyone by offsetting the costs of the most expensive people to insure.

 

3 Important Considerations Before You File a Property Damage Insurance Claim

Posted: 05.22.2017

The only time an insurance claim will pay out is if the property damage exceeds the policy’s deductible. If the property damage is only slightly more than the deductible, then the insurance company may actually consider it to be a ‘nuisance claim.’

 

A.M. Best Assigns and Places the Credit Ratings of Alwyn Insurance Company Limited Under Review With Developing ...

Posted: 05.22.2017

A.M. Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of "aa-" to Alwyn Insurance Company Limited (Alwyn ... robust management information systems and superior claims handling abilities.