"Catastrophe modelers estimate the insured losses from Hurricane Dolly will be less than $1 billion.

Newark, Calif.-based Risk Management Solutions Inc. said Thursday that insured losses from the Category 2 hurricane that struck southern Texas near the Mexican border on Wednesday would not exceed $750 million. RMS noted that the hurricane did not cause significant damage to offshore oil platforms.

Boston-based AIR Worldwide Corp. estimated late Wednesday that while storm losses could range from $300 million to $1.2 billion, it expected losses to total about $600 million. AIR, a unit of the Insurance Services Office Inc., estimated insured losses in Mexico to be less than one-quarter of U.S. insured losses. "(Source: businessinsurance.com)

 

ARMY OF ADJUSTERS It now has about 5,000 independent adjusters under contract via 44 adjusting firms. These adjusters are required to make Citizens' work their first priority, and their work will be closely monitored by 68 supervisors inside Citizens. All the adjusters have to go through a training session covering the company's adjusting practices and Florida's building codes. Last month, the company ran a hurricane drill, mobilizing adjusters and staffers to see how its procedures would work. (source:miamiherald.com)

	Former insurance adjusters Cori and Kerri Rigsby are on the hook for $65,000 that attorney Dickie Scruggs refuses to fork over to their former employers, Alabama-based E.A. Renfroe.
	Scruggs has placed the money with the federal court while he appeals Judge William M. Acker Jr.'s decision to fine him and the Rigsbys that amount for civil contempt in Renfroe v. Rigsby. Meanwhile, Acker has ruled, the Rigsbys must pay the fine within 14 days. (Source: SunHerald.com)

The aftermath of several storms across the metro is taking a toll on homeowner's patience. Insurance companies are backed up and adjusters have even been called in from other states to help with damaged homes.

State Farm attorneys plan to grill lawyer Dickie Scruggs before he heads to prison.