CADO Knowledge Base

14 Aug 2019

Lighthouse Claims Service - Career Page

About Lighthouse Claims Service

"Lighthouse Claims Service is a full-service adjusting firm, fine-tuned to the needs of the individual client. Whether your company needs full Xactanalysis assignment capability or just a short form appraisal in any format, we customize our product to meet your needs. We specialize in property claims, either first or third party, personal lines or commercial lines. Our management team has over 40 years experience in the claims business."

The above is from their site.

Author: CADO Admin
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24 May 2019

Insurance Adjuster Act

SB 240, as amended, Dodd. Insurance Adjuster Act.

Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the department’s powers and duties. Existing law, the Insurance Adjuster Act, sets forth various requirements with respect to operation as an insurance adjuster in this state and prohibits a person from engaging in a business regulated by the act, or acting or assuming to act as, or representing themselves to be, an insurance adjuster unless the person is licensed under the act. Existing law also prohibits a person from falsely representing that the person is employed by a licensee. Existing law exempts a person from the requirements of the Insurance Adjuster Act if the person is employed exclusively and regularly by one employer, as specified, with which the person has an employer-employee relationship. If the commissioner declares an emergency situation, existing law authorizes a nonlicensed insurance adjuster to adjust claims if certain requirements are met, including that the nonlicensed insurance adjuster registers with the commissioner via a written letter naming the nonlicensed adjuster, identifying adjuster licenses held in other jurisdictions, and stating when the claims adjusting activity began in the emergency situation. Existing law requires an insurer to provide an insured with a written status report if the insurer assigns a 3rd or subsequent adjuster to be primarily responsible for a claim within a 6-month period.

Author: CADO Admin
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22 Jan 2019

NCJUA/NCIUA Approved Catastrophe Adjusters

NCJUA/NCIUA Approved Catastrophe Adjusters
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. 



Author: Roy
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13 Jan 2019

National Flood Insurance Program (NFIP) Claims Manual - Updated

National Flood Insurance Program (NFIP) Claims Manual - Updated

The Publication Date  of the most current manual is: December 20, 2018

The purpose of the NFIP Claims Manual is to improve clarity of claims guidance to WYOs, vendors, adjusters, and examiners so that policyholders experience consistency and reliability of service. The manual provides processes for handling claims from the notice of loss to final payment.

All NFIP bulletins, other than those announcing Flood Insurance Claims Office numbers, Flood Response Office locations, claims adjuster briefings, and current/future program changes, are superseded by this manual and of no further effect. 

Source: NFIP

Author: Roy
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11 Dec 2018

Identification of Water Damages in Adjusting Hurricane Claims for Water Losses Other Than Flood

Identification of Water Damages in Adjusting Hurricane Claims for Water Losses Other Than Flood

....

In adjusting hurricane damage claims for homes within the 1968-1997 applicable residential code period, it is important that the inside of the walls be checked more carefully than
newer construction to ensure that moisture hasn’t seeped into the walls that will eventually result in mold and interior wall rot. If adjusters do not look for moisture build-up trapped inside the wall, then this damage could be missed, causing mold and rot to proliferate and resulting in bigger problems for homeowners in the future.

...

Author: CADO Admin
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18 Oct 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.
Author: CADO Admin
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26 Aug 2018

Hawaii Flood Policy Statistics as of 06/30/2018


 County Name   Policies In-Force
 HAWAII COUNTY    4,559
 HONOLULU COUNTY    38,457
 KAUAI COUNTY    5,236
 MAUI COUNTY      12,159
 Total    60,411
     

 

 

Author: CADO Admin
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31 May 2018

OKLAHOMA DOI decides to police the entire country for license compliance

OKLAHOMA DOI decides to police the entire country for license compliance.  Upon my recent submission for license renewal as a Non-Resident, the DOI rep Nicki has decided to question my standing with my home state of Nevada!  I am complete good standing with Nevada, and havre offered to provide a "Letter of Good Standing", which Nicki refused to accept. She is demanding my continuing education formal receipts. She refuses to accept any certificates issues by attending classes such as NFIP, Symbility, etc.  In a very rude 1970's condescending government attitude, she asked if she could just cancel my request, and keep the monies I've paid!  She said that she is just enforcing state statutes, and snottingly that I have 60 days to comply from her first response. REMEMBER, this was a Non Resident license.  I hope she can write estimates!!

Author: Old Wise Fox
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Article rating: 5.0

8 Feb 2018

Study: State insurance licensing reciprocity benefits everyone

A new study has found that the current system of licensing regulations for independent claims adjusters is causing more harm than help for the industry.

The study, entitled “Breaking Down Barriers” by Pacific Research Institute, found that the average claims adjuster holds between 10 and 12 different state licenses. This can set them back as much as $1,000 each. The study pointed out that these “costly, burdensome state requirements” make it more difficult for adjusters to operate across states, while driving up costs for consumers and limiting the opportunities for new adjusters.

At present, 34 states require independent adjusters to hold a license, the Association of Claims Professionals (ACP) reported.

Source: insurancebusinessmag.com 

Author: CADO Admin
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6 Nov 2017

From fire to floods, recent natural disasters highlight the need for uniform claims adjustor licensing

"As the nation continues to recover from the damage caused by hurricanes, floods and fires from coast to coast, we are reminded yet again that unforeseen, life-changing disasters can strike at any time. After the initial chaos subsides, it’s only natural that those affected would want to move quickly to start rebuilding their lives.


For many, the first step is a call to the insurance company, who should be able to resolve claims promptly, offering timely financial assistance when it’s needed most. But unfortunately, a complicated patchwork of state laws governing claims adjusters provides exactly the opposite: an inefficient, time-consuming, and expensive process that fails to serve the needs of consumers in the wake of a disaster."

Author: CADO Admin
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31 Oct 2017

Addendum to the NFIP Adjuster Claims Manual — Special Adjustment Issues: Fiberboard Sheathing/Blackboard

On October 13, 2017, the National Flood Insurance Program (NFIP) updated the NFIP Adjuster Claims Manual by adding an addendum providing additional guidance on special adjustment issues surrounding perimeter wall sheathing. The addendum expands upon and replaces existing guidance found at Paragraph P of Section VIII of the NFIP Adjuster Claims Manual.

Author: Roy
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19 Sep 2017

Special Adjuster Fee Schedule for Claims with a Date of Loss on or after August 24, 2017, through November 30, 2017

Hurricanes Harvey and Irma caused widespread flooding in Texas, Louisiana, the U.S. Virgin Islands, Puerto Rico, Florida, and the southeast United States. Due to the catastrophic impacts of these hurricanes and the increased demand for flood insurance adjusters, the Federal Emergency Management Agency (FEMA) is increasing the amount it will pay to adjust flood insurance claims.

The entire insurance industry is searching for qualified individuals to join the ranks of claims adjusters to handle losses from Harvey, Irma, and future events. FEMA recognizes the specialized knowledge required to properly adjust NFIP losses. Adjusters must know the differences between the Standard Flood Insurance Policy (SFIP) and private industry property insurance forms. They must know interpretations of coverage made by FEMA and the unique reporting requirements of the NFIP. Accordingly, FEMA maintains a list of adjusters authorized to handle NFIP losses.

Author: CADO Admin
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Article rating: 5.0

14 Aug 2017

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8 Aug 2017

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14 Apr 2017

Extended Range Forecast Of Atlantic Seasonal Hurricane Activity And Landfall Strike Probability For 2017

Extended Range Forecast Of Atlantic Seasonal Hurricane Activity And Landfall Strike Probability For 2017

June 1st Update

We have increased our forecast and now believe that 2017 will have approximately average activity. The odds of a significant El Niño in 2017 have diminished somewhat,
and portions of the tropical Atlantic have anomalously warmed over the past two months. While the tropical Atlantic is warmer than normal, the far North Atlantic remains colder than normal, potentially indicative of a negative phase of the Atlantic Multi-Decadal Oscillation. We anticipate a near-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 June 1ST 2017)

Author: CADO Admin
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Article rating: 5.0

14 Apr 2017

Insurance company deploys fleet of drones

Allstate Insurance plans to use a fleet of drones to help assess property damage claims across four states during the spring storm season. A fleet of drones will be at the ready in Colorado, New Mexico, Oklahoma and Texas.  If the progress is successful, it will be considered for a wider rollout.

The multi-state launch is the company's largest use of drones to date and represents a major step forward in the use of aerial imagery for property damage assessment among insurers, according to Allstate.

read more

Author: CADO Admin
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21 Mar 2017

Texas Windstorm Insurance Association

Texas Windstorm Insurance Association
The Texas Windstorm Insurance Association (TWIA) was established by the Texas Legislature in 1971  in response to regional market conditions following Hurricane Celia in August 1970. Our purpose is to provide windstorm and hail insurance in the Texas seacoast. TWIA is governed by Chapter 2210 of the Insurance Code (Chapter 2210).

We are a residual insurer of last resort and are not a direct competitor in the voluntary insurance market. We provide coverage to residential and commercial properties in certain designated portions of the Texas seacoast territory. The designated catastrophe area is that portion of the seacoast territory where the Commissioner of Insurance has found that windstorm and hail insurance is not reasonably available.
Author: Roy
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27 Nov 2016

Arizona Department of Insurance

WHO MUST BE LICENSED?

You (individual or business entity) must be an Arizona-licensed adjuster in order to act as an adjuster or to hold yourself out to act as an adjuster unless the scope of your activities is limited to one or more of the following conditions (ARS § 20-321):

Author: CADO Admin
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19 Apr 2016

ATLANTIC BASIN SEASONAL HURRICANE FORECAST FOR 2016

ATLANTIC BASIN SEASONAL HURRICANE FORECAST FOR 2016

ATLANTIC BASIN SEASONAL HURRICANE FORECAST FOR 2016
Forecast Parameter and 1981-2010
Issue Date 1 June 2016 - Updated 7/1

  • Information obtained through July 2016 indicates that the 2016 Atlantic hurricane
    season will have activity near the median 1981-2010 season. There remains considerable
    uncertainty with this forecast which we outline in the following paragraphs.
    We estimate that 2016 will have an additional 5 hurricanes (median is 6.5), 11
    named storms (median is 12.0), 50 named storm days (median is 60.1), 20 hurricane days
    (median is 21.3), 2 major (Category 3-4-5) hurricane (median is 2.0) and 4 major
    hurricane days (median is 3.9). The probability of U.S. major hurricane landfall is
    estimated to be about 95 percent of the long-period average. We expect Atlantic basin
    Accumulated Cyclone Energy (ACE) and Net Tropical Cyclone (NTC) activity in 2016
    to be approximately 90 percent of their long-term averages for the remainder of the
    season.

    (the above is from the Department of Atmospheric Science Colorado State University Forecast)
Author: CADO Admin
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7 Apr 2016

Alabama Proof Of Citizenship Requirement of Licensing

For INITIAL Application: Effective December 15, 2015, ALL Individual Resident and Non-Resident Alabama applicants must submit proof of citizenship by clicking here before their license is issued. This will also apply to Amendments and Reinstatements.
Author: CADO Admin
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Latest News

25 August 2019

Tropical Storm Dorian Graphics

5-Day Uncertainty Track last updated Sun, 25 Aug 2019 14:52:47 GMT Wind Speed Probabilities last updated Sun, 25 Aug 2019 15:24:34 GMT
25 August 2019

Tropical Storm Dorian Forecast Discussion Number 5

Issued at 1100 AM AST Sun Aug 25 2019 000 WTNT45 KNHC 251449 TCDAT5 Tropical Storm Dorian Discussion Number 5 NWS National Hurricane Center Miami FL AL052019 1100 AM AST Sun Aug 25...
25 August 2019

Tropical Storm Dorian Wind Speed Probabilities Number 5

Issued at 1500 UTC SUN AUG 25 2019 000 FONT15 KNHC 251448 PWSAT5 TROPICAL STORM...
25 August 2019

Summary for Tropical Storm Dorian (AT5/AL052019)

...NEW TROPICAL STORM WARNINGS AND WATCHES ISSUED AS DORIAN CONTINUES WESTWARD... As of 11:00 AM AST Sun Aug 25 the center of Dorian was located near 11.2, -52.9 with movement W at 14 mph. ...
25 August 2019

Tropical Storm Dorian Forecast Advisory Number 5

Issued at 1500 UTC SUN AUG 25 2019 000 WTNT25 KNHC 251448 TCMAT5 TROPICAL STORM DORIAN FORECAST/ADVISORY NUMBER 5 NWS NATIONAL HURRICANE CENTER MIAMI FL AL052019 1500 UTC SUN AUG 25...
23 August 2019

NHC Atlantic Outlook

ZCZC MIATWOAT ALL TTAA00 KNHC DDHHMM Tropical Weather Outlook NWS National Hurricane Center Miami FL 200 PM EDT Fri Aug 23 2019 For the North Atlantic...Caribbean Sea and the Gulf of...
23 August 2019

Atlantic Tropical Weather Outlook

000 ABNT20 KNHC 231744 TWOAT Tropical Weather Outlook NWS National Hurricane Center Miami FL 200 PM EDT Fri Aug 23 2019 For the North Atlantic...Caribbean Sea and the Gulf of Mexico: The...
NOAA's Updated 2019 Hurricane Forecast 12 August 2019

NOAA's Updated 2019 Hurricane Forecast

NOAA increases chance for above-normal hurricane season

"August 8, 2019 NOAA forecasters monitoring oceanic and atmospheric patterns say conditions are now more favorable for above-normal hurricane activity since El Nino has now ended. Two named storms...
6 August 2019

Colorado State's Updated 2019 Hurricane Forecast

Source: Colorado State University

"We continue to predict a near-normal 2019 Atlantic hurricane season. The forecast number of hurricanes has increased slightly to account for short-lived Hurricane Barry which formed in July. Sea...
Update: M 7.1 - Earthquake hits NNE of Ridgecrest, CA 4 July 2019

Update: M 7.1 - Earthquake hits NNE of Ridgecrest, CA

Source: USGS

M 7.1 - 17km NNE of Ridgecrest, CA
2019-07-06 03:19:52 (UTC)35.766°N 117.605°W17.0 km depth

 

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