State Farm spokesman Chris Neal anticipates about 500 claims for damage.
Citizens officials processed more than 100 claims by 3 p.m. Friday>
"The state's two largest insurance companies, and several smaller ones, rushed agents and claims adjusters into tornado ravaged Central Florida early Friday, and by early evening the companies were processing hundreds of claims.
The storms marked the first test of the state's property insurance industry since legislators approved an insurance package that shifted more catastrophic risk from private insurers to the state.
State-run Citizens Property Insurance and State Farm Florida, who state officials say insure the bulk of the homes and businesses in the area, had small armies of workers in place. State Farm set up a mobile claims center in Ocala and had begun processing more than 500 claims. At least 82 homes insured by State Farm were declared uninhabitable. The company reported damage to at least 200 automobiles."
From the tampabay.com article.
The headline states adjusters "swarm" to tornado zone, What is a "swarm"? WIll the anticipated claim counts in this report create a swarm? While tornados do put some adjusters to work in most cases the numbers of deployed Cat Adjusters onthese events has been low. |