In Your Business

03 December 2018

GRS Names Global Insurance Executive Mike Reeves to Lead Complex Claims Solutions Unit

They are a dynamic and ambitious company seeking ... enables corporate and insurance industry clients to quickly and effectively respond to property and casualty claims, natural catastrophes ...
02 December 2018

Eberl Claims Service Announces Acquisition of Carwood Claims

About Cor Partners Cor Partners is the parent company of independent organizations Eberl Claims Service, Engle Martin & Associates, and Envista Forensics. With over 1,100 team members worldwide, Cor P...
00:00 30 January 2019
Walt Disney World Dolphin Resort 20th Annual Windstorm Insurance Conference

20th Annual Windstorm Insurance Conference

Increase Your Knowledge. Grow Your Network. Enhance Your Visibility.


20th Annual Windstorm Insurance Conference
January 30 - February 2, 2019
Walt Disney World Dolphin Resort in Orlando, Florida

Here's Why You Should Attend WIND 2019 ...

Export event1/30/2019 - 2/2/2019
00:00 17 February 2019
WinStar World Casino and Resort IAS CatCREW Annual Claims Conference 2019

IAS CatCREW Annual Claims Conference 2019

IAS CatCREW wishes you all a wonderful Holiday Season and a safe and successful 2019! And, to start the year off right we hope you plan to attend our 2019 Annual Claims Conference which will be held from Sunday, February 17th to Wednesday, February 20th at the WinStar World Casino and Resort. 
Export event2/17/2019 - 2/20/2019
18 October 2018

State Farm® to Conduct Drone Damage Assessment Flights Following Hurricane Michael

It was less than one month ago when Hurricane Florence struck North and South Carolina. State Farm was the first and only insurance company to receive an FAA waiver allowing Claims pilots to operate drones beyond visual line of sight and over people for damage assessment. Drone flights were coordinated with the FAA and Mid-Atlantic Aviation Partnership (MAAP) at Virginia Tech as part of the Integration Pilot Program for large-scale damage assessment in Virginia and South Carolina.
06 December 2017

Sedgwick to buy rival Cunningham Lindsey

"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."

11 September 2017

Insurers ache for qualified inspectors after U.S. hurricanes

(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.
18 June 2017

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

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.

...
16 April 2017

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

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.”

 

06 December 2016
CRAWFORD & COMPANY® ACQUIRES MAJORITY INTEREST IN WEGOLOOK®, LLC

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. 
26 July 2016
Crawford & Company® Launches Australia’s First National Insurance Drone Service

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.”

26 July 2016

ICAT Partners with Neon to Provide Additional Catastrophe Capacity

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.
08 February 2016

New Simsol Software Database Release

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.



08 February 2016

All insurers should resist dubious claims

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 

28 December 2015

Civil Logistics Attending NACA in Vegas

Civil Logistics' operations manager, Mike Wallace will attend the NACA conference in Las Vegas January 10-13th.  

02 September 2015

Engle Martin Closes Acquisition of Eberl

ATLANTA--(BUSINESS WIRE)--Engle Martin & Associates, a diversified insurance services provider, completed its acquisition of a majority share of Eberl’s Claim Service, Inc. and its related companies on September 1, 2015. Eberl provides a full suite of complementary daily and catastrophe loss adjusting and claims-related services, with a focus on residential and automobile insurance claims. Eberl will continue to run independently within the Engle Martin family of brands via its own stand-alone management team under the name Eberl Claims Service, LLC. The addition of Eberl, Engle Martin’s fourth acquisition in less than two years, further solidifies Engle Martin’s position as a leading insurance services platform with an enhanced and diversified service offering and a broader client base.
06 June 2015

Exclusive: Erie Insurance tests Google Glass to help process claims

"The next time you get a visit from an insurance adjuster, he or she might be wearing a futuristic headset to help process your claim. Pittsburgh policyholders were part of a pilot program from Erie Insurance (NASDAQ:ERIE) to test the use of off-the-shelf Google Glass as a way to make insurance adjusters’ working lives easier and more efficient. The idea, developed by three Erie Insurance employees, was vetted by the board of directors following a company wide contest. This is the first time Erie’s program has been disclosed beyond the company." 

10 April 2015
Office Approves Removal of up to 45,500 Policies from Citizens

Office Approves Removal of up to 45,500 Policies from Citizens

 

20 March 2015
NCJUA/NCIUA Approved Catastrophe Adjusters - As 3/03/2017

NCJUA/NCIUA Approved Catastrophe Adjusters - As 3/03/2017

The North Carolina Joint Underwriting Association (NCJUA), also known as the FAIR (Fair Access to Insurance Requirements) Plan, is a tax exempt association of insurance companies licensed to write and engage in writing property insurance coverage in North Carolina. The Association was created by law to act as a market of last resort to provide adequate basic property insurance to property owners having insurable property in North Carolina.

The above is a quote from their site. 

(updated 3/3/2017)



09 February 2015
Don’t Mess With Texas Adjusters In Hail Damage Claims

Don’t Mess With Texas Adjusters In Hail Damage Claims

Texas hail claim policyholder lawyers, like many plaintiffs’ lawyers, clearly prefer to be in state court rather than federal court. To accomplish this and prevent the defendant insurer from properly removing the lawsuit to federal court, Texas policyholder attorneys simply sue the adjuster (who, like the policyholder, is almost always a Texas resident). This common act of gamesmanship ostensibly destroys the complete diversity of citizenship required for federal court diversity jurisdiction, allowing the policyholder to litigate its hail damage claim in state court.
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