In Your Business

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

Source: sun-sentinel.com

  • 18 June 2017
  • Author: CADO Admin
  • Number of views: 256
  • 0 Comments
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
  • 0 Comments
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: 627
  • 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: 1525
  • 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: 3223
  • 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 

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: 5628
  • 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: 5431
  • 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: 5411
  • 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: 5102
  • 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: 5188
  • 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."

 

1234

Insurance Headlines

How determinism can help insurance companies deny medical claims

Posted: 07.21.2017

I think this article—which could have come from The Onion but actually came from another “joke news site,” The Beaverton—is hilarious. Here’s an excerpt; I hope compatibilists have a sense of humor! Chicago, IL – American health insurers have ...

 

How determinism can help insurance companies deny medical claims

Posted: 07.21.2017

I think this article—which could have come from The Onion but actually came from another “joke news site,” The Beaverton—is hilarious. Here’s an excerpt; I hope compatibilists have a sense of humor! Chicago, IL – American health insurers have ...

 

How determinism can help insurance companies deny medical claims

Posted: 07.21.2017

I think this article—which could have come from The Onion but actually came from another “joke news site,” The Beaverton—is hilarious. Here’s an excerpt; I hope compatibilists have a sense of humor! Chicago, IL – American health insurers have ...

 

South African Insurance Company Disputes Leaked Email Calling Blacks Baboons!

Posted: 07.21.2017

MiWay Insurance is feeling the fire after a screenshot of an alleged email from an employee revealing a company strategy to deny 90% of blacks claims while also calling them baboons has gone viral. “They are an easy target, it’s also a great ...

 

Are crop insurance schemes working? CAG report reveals

Posted: 07.21.2017

Protocol not followed According to the report, the Agricultural Insurance Company of India Limited (AIC), the government-owned implementing agency for the schemes, “failed to exercise due diligence in verification of claims by private insurance companies ...

 

How do You Make a Medical Insurance Claim?

Posted: 07.21.2017

Be sure to file your claim as soon as possible, if you wait too long, the insurance company may decline the claim. Most reimbursement policies will require you to submit your claim within 30 days of the incident. If you get sick while travelling and ...

 

Great American Insurance Company – Singapore Branch Announces Key Hires

Posted: 07.20.2017

He has over 27 years of extensive experience in marine claims. Mr. Lam holds a Bachelor of Social Science degree in Geography and is also an Associate member of the Chartered Insurance Institute of London. About Great American Insurance Company Singapore ...

 

GEICO Names John Quagliato Vice President of Claims Legal

Posted: 07.20.2017

Transferring to claims home office in 1999 ... GEICO (Government Employees Insurance Company) is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger auto insurance company in the United States.

 

Insurers claim cyber calamities could cost more than Hurricane Sandy

Posted: 07.19.2017

Analysis A study aiming to raise the profile of cyber insurance claims that cloud outages and ransomware outbreaks on the WannaCry scale could cost companies $81.7bn – more than natural disasters like 2012's Hurricane Sandy. That's an awful lot of money ...

 

Despite Lawsuits Over Drug Prices, Insurance Giant Touts Revenue Growth, Claims To Have Lowered Drug Costs

Posted: 07.19.2017

insurance giant UnitedHealth Group reported stellar second-quarter earnings, which included more than $15.8 billion in revenue for a business segment at the roots of multiple class-action lawsuits against the company — and one that many blame for ...

 

Claims Documentation – Modernizing Insurance Platforms Conference in Hartford CT

Posted: 07.19.2017

In recent news, United Airlines comes to mind. Taking queues form the consumer companies, some thoughts regarding specific security for insurance claim documentation include: While not a current concern for US based customers, we would also predict ...

 

Josh Duggar Won’t Apologize For Sexual Abuse Because He Claims The Devil Made Him Do It

Posted: 07.18.2017

Sigh. This is not particularly surprising, but it’s still very depressing. You can sexually abuse people, but claim the devil made you do it, and a certain subset of the Christian right will eat it up. That’s atrocious. Again, this is another problem ...

 

Captive insurance could be a smart solution for your business

Posted: 07.18.2017

... is when a business creates its own insurance company and, in essence, pays its premiums to itself via the company. The premiums are then typically pooled with other captives, which allows for payouts on any claims. If a captive owner doesn’t pay ...

 

Captive insurance could be a smart solution for your business

Posted: 07.18.2017

... is when a business creates its own insurance company and, in essence, pays its premiums to itself via the company. The premiums are then typically pooled with other captives, which allows for payouts on any claims. If a captive owner doesn’t pay ...

 

‘Winter is coming’ for traditional insurance industry call centers

Posted: 07.17.2017

A good chatbot can help an insurance company offer a better experience to its customers ... call-to-action buttons or direct payment options based on user input at a specific point. From a claims perspective, more carriers are turning to chatbots to ...