In Your Business

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: 536
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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.

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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: 832
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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.

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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: 2052
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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: 4257
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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
  • 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
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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: 5462
  • 0 Comments

"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: 6304
  • 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: 6037
  • 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: 6149
  • 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: 5678
  • 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.

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Insurance Headlines

Insurance companies fork out Ksh54 billion in claims

Posted: 09.20.2017

The commercial and private motor class accounted for half of the total claims paid out Insurance companies paid out claims amounting to Ksh54.86 billion in the year ended June 2016. This represents an 11.8 percent increase on the Ksh52 billion that ...

 

Insurance companies fork out Ksh54 billion in claims

Posted: 09.19.2017

The commercial and private motor class accounted for half of the total claims paid out Insurance companies paid out claims amounting to Ksh54.86 billion in the year ended June 2016. This represents an 11.8 percent increase on the Ksh52 billion that ...

 

Insurance companies fork out Ksh54 billion in claims

Posted: 09.19.2017

The commercial and private motor class accounted for half of the total claims paid out Insurance companies paid out claims amounting to Ksh54.86 billion in the year ended June 2016. This represents an 11.8 percent increase on the Ksh52 billion that ...

 

Florida Peninsula Insurance Company Stands Ready to Help Hurricane Irma Victims Make Claims and Perform Emergency ...

Posted: 09.19.2017

BOCA RATON, FL / ACCESSWIRE / September 19, 2017 / Florida Peninsula Insurance Company, one of Florida's largest homeowners' insurance companies, is working diligently to address insurance claims resulting from Hurricane Irma. Policyholders who have ...

 

United States Court of Appeals, Third Circuit.

Posted: 09.17.2017

Appellant Church Mutual Insurance Company (“Church Mutual”) appeals the dismissal of its insurance fraud action against lawyers and their law firm in submitting claims for insurance benefits on behalf of the African Episcopal Church of St. Thomas ...

 

Insurance Commissioners and FEMA Should Adopt Accountability Measures to Ensure Fair, Timely Claims Settlements

Posted: 09.16.2017

These programs will improve insurance company claims handling services as hundreds of thousands of Americans begin the process of rebuilding after the storms. CFA also urged Commissioners to seek public commitments from insurance executives that their ...

 

After Irma: Claims pour into Florida insurers; can they handle losses?

Posted: 09.16.2017

About 6 percent of the more than 80,000 customers of Palm Beach Gardens-based Olympus Insurance Co. have called about possible claims, said Jeffrey B. Scott, CEO of the company founded in 2007. “As a general rule, when the tide goes out you see who’s ...

 

Making an insurance claim can be far superior to initiating internal HOA litigation

Posted: 09.16.2017

Perhaps we should just make a claim to our insurer for all the documented damages ... considering a lawsuit against the upstairs titleholder! If experts for two insurance companies all determined that the upper unit owner is not at fault for the damages ...

 

Colipays : Liberty Mutual and Safeco Insurance Catastrophe Teams Blanket Region to Handle Hurricane Irma Claims

Posted: 09.16.2017

15-- Liberty Mutual Insurance Group, an insurance company ... To further facilitate quick customer response, the companies have set up home and auto claims mobile units that will move throughout the two states next week. Locations next week will be ...

 

After Irma: Tampa Bay Residents Consider Insurance Claims, Disaster Aid, Food Distribution, Ice Giveaway And More

Posted: 09.16.2017

Be careful before signing anything without fully reading the documents, and contact insurance company first. Do not dispose of any damaged contents until authorized by your agent or claim representative. Insurance Commissioner David Altmaier offered some ...

 

After Irma: Claims pour into Florida insurers; can they handle losses?

Posted: 09.16.2017

About 6 percent of the more than 80,000 customers of Palm Beach Gardens-based Olympus Insurance Co. have called about possible claims, said Jeffrey B. Scott, CEO of the company founded in 2007. “As a general rule, when the tide goes out you see who’s ...

 

Home or car damaged in Irma? Here’s what your insurance will cover

Posted: 09.15.2017

Most insurance companies don’t send adjusters until you call them ... Renters who have renters insurance should file a claim for any damage they have, Yanan said. Anything internal to the property is on the renter’s insurance. External damages may ...

 

Deputy Commissioner: 50K storm claims, number expected to grow

Posted: 09.15.2017

Thousands of homeowners across the state have filed insurance claims post-Tropical Storm Irma. The Georgia Department of Insurance is closely monitoring insurance companies. The department staff even issued a directive Friday encouraging those companies to ...

 

After Irma: Claims pour into Florida insurers; can they handle losses?

Posted: 09.15.2017

About 6 percent of the more than 80,000 customers of Palm Beach Gardens-based Olympus Insurance Co. have called about possible claims, said Jeffrey B. Scott, CEO of the company founded in 2007. “As a general rule, when the tide goes out you see who’s ...

 

Home or car damaged in Irma? Here’s what your insurance will cover

Posted: 09.15.2017

Most insurance companies don’t send adjusters until you call them ... Renters who have renters insurance should file a claim for any damage they have, Yanan said. Anything internal to the property is on the renter’s insurance. External damages may ...