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5 Dec 2018

Beazley takes $40m hit from worst wildfires in California history

The payouts from reinsurance hit the company’s bottom line after fires damaged several settlements and killed dozens in the US’s most populous state. It also faces challenges from difficult markets. “ ...
Author: CADO Admin
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4 Dec 2018

Contractors Performing Roofing Repairs in Texas: Don’t Cross the Line with Property Insurance Carriers

The Texas Insurance Code restricts the ability of adjusters to ... contractor’s challenge to a ruling that certified a class of property owners who claim the company unlawfully acted as an insurance a...
Author: CADO Admin
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3 Dec 2018

Small insurance company folds after Camp Fire, state takes over claims

PARADISE, Calif. -- A small insurance company was found to be insolvent after the deadliest and most destructive fire destroyed thousands of homes in Butte County. California's insurance regulator has ...
Author: CADO Admin
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2 Dec 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...
Author: CADO Admin
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30 Nov 2018

A magnitude 7.0 earthquake struck north of Anchorage, Alaska on November 30, 2018 at 8:29 a.m. local time (17:29:28 UTC).

A magnitude 7.0 earthquake struck north of Anchorage, Alaska on November 30, 2018 at 8:29 a.m. local time (17:29:28 UTC).
A magnitude 7.0 earthquake struck just seven miles north of Anchorage at 8:29am on Friday morning, at a depth of about 27 miles. The earthquake caused power outages, damage to roads and buildings, and closures of schools, businesses and...
Author: CADO Admin
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30 Nov 2018

2018 Atlantic Hurricane Season

The 2018 Atlantic hurricane season was the third in a consecutive series of above-average and damaging Atlantic hurricane seasons, featuring 15 named storms, 8 hurricanes and 2 major hurricanes and a total of $33.3 billion (2018 USD) in damages....
Author: CADO Admin
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28 Nov 2018

'Hailnado' insurance claims hit $30 million for one company

TENS of millions of dollars in claims have been lodged with just one of multiple insurance companies as a result of the supercell that ripped through the Gympie region in October. The hail-loaded stor...
Author: CADO Admin
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23 Nov 2018

Businesses Win Only 32% of Disputed Insurance Claims Cases

New research reveals that companies who take their insurers to court over non-payment of an insurance claim only win in around one in three cases. The findings are from Mactavish, the UK’s leading exp...
Author: CADO Admin
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20 Nov 2018

New platform makes insurance claims easier

The platform is designed to expedite insurance claim approvals, cuts costs and eliminate duplicated claims to different insurers. Noting that patient data is encrypted and protected by the platform, M...
Author: CADO Admin
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18 Nov 2018

California Insurance Commissioner issues emergency declaration to help fire survivors across the state

Insurance Commissioner issues emergency declaration to help fire survivors across the state SACRAMENTO, Calif. — In the wake of the deadliest and most destructive wildfire in California’s history, Insurance Commissioner Dave Jones...
Author: CADO Admin
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18 Nov 2018

Expedited Claim Handling Billing Grace Period Procedures for California Wildfires

11/15/2018 Notice In an effort to assist victims of the current wildfires throughout the state, Insurance Commissioner Dave Jones is calling on all property insurance companies to implement emergency expedited claims handling procedures and...
Author: CADO Admin
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15 Nov 2018

Ethiopia: Global Insurance Improves Profit, Reduces Claims

Claims reported by the company dropped by 23.4pc to 38.7 ... The insurance industry in Ethiopia incorporates 17 insurance companies and has 524 branches operating with 4.8 billion Br in total capital. ...
Author: CADO Admin
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14 Nov 2018

November Wildfires: Notice of Shortage of Accommodations for Survivors

The California Department of Insurance has been informed by the Governor’s Office of Emergency Services (CAL-OES) that, due to the recent wildfires, there is a shortage of available lodging in the disaster areas. CAL-OES is requesting that...
Author: Roy
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13 Nov 2018

Author: Roy
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19 Oct 2018

Florida Hurricane Michael Claims Data

The Florida Office of Insurance Regulation is reporting a total of 78,688 claims as of October 18, 2018 with Total Estimated Insured Losses at $835,868,692.  See the report for additional details.
Author: Roy
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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...
Author: CADO Admin
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8 Aug 2018

USAA reports 8,000 claims from hailstorm in Colorado Springs; mobile claim center opening

USAA received 8,000 claims for damage to homes and vehicles Tuesday, twice as many as from the June 13 hailstorm that hit Fountain, the insurance and financial services giant reported. Other top insurers, including State Farm, Farmers and...
Author: Roy
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5 Jul 2018

CSU team decreases forecast, now calls for near-average 2018 Atlantic hurricane season

Colorado State University hurricane researchers have decreased their forecast from their early April prediction and now call for a near-average Atlantic hurricane season. The primary reason for this decrease is anomalous cooling in the tropical...
Author: CADO Admin
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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,...
Author: CADO Admin
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7 Feb 2018

AI Powered Drone Software Company Scores $750,000 Seed Funding

... "According to the funding website, the Converge software takes the benefits of AI-powered obstacle-avoiding, flight stabilizing technology and puts it into a smartphone app – essentially allowing in-house operators like insurance...
Author: CADO Admin
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7 Feb 2018

Louisiana Citizens RFP - CAT SERVICES

Louisiana Citizens RFP - CAT SERVICES
Louisiana Citizens Property Insurance Corporation invites all qualified Applicants to submit responses in accordance with the requirements outlined in its Request for Proposals (RFP) for Catastrophe Services.  Proposals from applicants...
Author: CADO Admin
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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...
Author: CADO Admin
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Article rating: 5.0

14 Sep 2017

Florida Is Short on Insurance Adjusters, and That Could Stall Recovery Efforts

After Irma, Florida residents are lacking in many necessities. One of the more frustrating is the paucity of insurance adjusters, which is threatening to anger policyholders and potentially delay the state’s rebuilding efforts. Many of the...
Author: CADO Admin
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15 Dec 2016

Justices uphold Katrina fraud verdict against State Farm

Justices uphold Katrina fraud verdict against State Farm
  "WASHINGTON — A unanimous Supreme Court on Tuesday upheld a jury verdict that State Farm Fire and Casualty Co. committed fraud against the federal government after 2005’s Hurricane Katrina. The justices on Tuesday rejected...
Author: CADO Admin
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15 Dec 2016

Citizens Insurance Dissatisfied With Independent Adjusters After Hurricane Matthew

Citizens Insurance Dissatisfied With Independent Adjusters After Hurricane Matthew
"The Citizens Property Insurance Company is regrouping after two hurricanes hit the state.  The state-backed insurer is disappointed with the response of independent contractors handling claims adjustment."
Author: CADO Admin
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9 Apr 2015

Large Hail Being Reported in OK, MO and KY Today

Large Hail Being Reported in OK, MO and KY Today
4"  Franklin MO 38.22 -91.17 3-4 INCH HAIL. LARGEST HAIL WAS SPIKED... WITH DIAMETER MEASURED FROM SPIKE-TO-SPIKE. (LSX) 3" Roger Mills OK 35.61 -99.58 (OUN) 3" Roger Mills OK 35.66 -99.38 (OUN) ...
Author: Roy
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Article rating: 5.0

20 Mar 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...
Author: Roy
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Article rating: 4.0

8 Mar 2015

Notice Issued to Protect Oklahomans Who Have Earthquake Insurance

Notice Issued to Protect Oklahomans Who Have Earthquake Insurance
OKLAHOMA CITY – The Oklahoma Insurance Department is taking a proactive step to protect Oklahomans who buy earthquake insurance. Today the Department released a bulletin to property and casualty insurance companies to address important...
Author: Roy
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2 Mar 2015

Drone insurance cover set to take off

Drone insurance cover set to take off
“Most drone operators are buying legal liability limits of less than $10 million, and at those levels there is abundant capacity in the market,” said Chris Proudlove, senior vice president at aviation underwriter Global Aerospace Inc....
Author: Roy
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2 Mar 2015

The Storm after the Storm

The Storm after the Storm
  When Hurricane Sandy made its way towards the East Coast in the fall of 2012, residents knew it could be devastating. What they didn't expect was just how bad Sandy turned out to be: 117 deaths, and damage estimated at more than $60...
Author: Roy
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1 Mar 2015

FEMA Sued Over Records Related To Superstorm Sandy Victims And Other Flood Insurance Claims

FEMA Sued Over Records Related To Superstorm Sandy Victims And Other Flood Insurance Claims
"The Federal Emergency Management Agency is facing a new lawsuit filed by a nonprofit organization that wants a look at FEMA’s inner workings, especially the way its officials decide the fate of insurance appeals made by flood...
Author: Roy
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16 Nov 2014

Repeated Red Flags In How Insurance Companies Have Handled & Denied The Claims Of Sandy Flood Victims For Damage To Their Homes

Repeated Red Flags In How Insurance Companies Have Handled & Denied The Claims Of Sandy Flood Victims For Damage To Their Homes
Schumer, Gillibrand: FEMA must protect Sandy victims & ensure they are fairly compensated for devastating losses. Repeated Red Flags In How Insurance Companies Have Handled & Denied The Claims Of Sandy Flood Victims For Damage To Their...
Author: Roy
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15 Nov 2014

What The Hail Is Going On With Texas Insurance Claims?

What The Hail Is Going On With Texas Insurance Claims?
Texas Law360 November 14, 2014 The onslaught of new hail damage lawsuits does not appear to be ending anytime soon. The docket of every county in which a significant hail event has occurred in recent years sees numerous new hail damage...
Author: Roy
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Article rating: 1.0

13 Nov 2014

From the Archive: Adjuster Murdered in Tampa Bay!

This post comes from the forum that we had during the years 2004 -2006.  We lost the forum but not the data.  The  discussion below is related to the killing of an adjuster doing her job 10 years ago on this date,  

Author: Roy
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30 Jun 2014

Flooding in Canada

"Heavy rainfall over the weekend in southeast Saskatchewan has some communities struggling to keep up with the influx of water. It's led to dangerous travel conditions after some highways were submerged or washed out, and several states...
Author: Roy
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19 Jun 2014

Minn. Homeowners Combat Insurance Companies over Storm Damage Claims

The repair vs replacement debate continues. "Wirth said a contractor quoted him $32,000 to repair the entire roof. But his insurance company, American Family Insurance, offered $8,000, telling him it would only repair the shingles that were...
Author: Roy
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29 Apr 2014

Author: Roy
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Article rating: 3.0

3 Apr 2014

Hail Season Anyone?

Hail Season Anyone?

The NWS Storm Prediction Center in Norman, OK is forecasting the development of tornadoes, large hail and damaging winds from the Ozarks region to parts of the Mid-South and lower Ohio Valley this afternoon and tonight. ....

Author: Roy
1 Comments
Article rating: 5.0

18 Dec 2013

2014 NFIP Adjuster Certification Presentations

2014 NFIP Adjuster Certification Presentations
Registration for the 2014 NFIP Adjuster Certification Presentation is now open.  Adjusters seeking to renew certification must attend an NFIP Adjuster Certification Presentation. Adjusters seeking to become certified must attend an NFIP...
Author: Roy
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17 Dec 2013

Home damage from ice storm to top $30 million in Dallas area

long with the downed tree limbs, power outages, iced-over roadways and crumpled cars, last week’s sleet-and-ice storm left behind significant costs for government agencies and residential insurance companies. Mark Hanna, spokesman for the...
Author: Roy
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