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ALANJ
USA
159 Posts |
 Posted - 11/02/2003 : 09:53:18
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These are the same carriers who paid off Quackenbush after the EQ. Wake up!!! This is not some little dinky hail storm. The bean counters are already at work trying to cut cost.
Example: Carrier calls vendor to deploy the troops. They decide on hourly or a fee schedule. After the troops are on the road, they go upps. They got their calculators out and did a little math. Change the rules in midstream and let the adjuster take a hit.
For those of you who have only worked hail storms and these little Hurricanes, watch out. |
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Buster Cherry
14 Posts |
Posted - 11/02/2003 : 10:16:06
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Bbait and switch happens and probably as Alan points out in situations where the vendor deploys and then the carrier has a change of heart in method of payment. (I know and it has happened to me (only once) with one of the two vendors mentioned in the 11/01/03 post by Carr).
If we want to discover the culprits we need only to follow the yellow brick road towards those carriers who switch from time to time and storm to storm from day rate to file rate to hourly and then back again.
Generally I think the vendor is at fault but I have seen it happen because of a carrier changing their mind after adjusters were called out. It pays to not go to sleep on the watch in SoCal.
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BrentWhittington
USA
4 Posts |
Posted - 11/02/2003 : 12:31:14
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| I am interested in working in the Southern California area. My partner has 15 years experience and I am in my 8th year. I have been working in Dallas TX for the past 6 months and would enjoy a new landscape. Anyone interested in a fully ready mobile inspector please call or write. 214-869-8304 brent@whittington.com Thank you |
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jlombardo
USA
212 Posts |
Posted - 11/02/2003 : 14:35:46
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| Brent.......What is a "Private Adjuster"??? Are you a PA???? |
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1NuCat2
10 Posts |
Posted - 11/02/2003 : 18:59:57
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| What is the latest on the claims in SoCal? Are they calling anyone out for smoke damage claims, or will it only be large loss? |
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cajunboy696
USA
15 Posts |
Posted - 11/03/2003 : 02:34:56
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One things for sure guys, the bait and switch does happen and all to often. I will say one thing though, typically it is the carrier and not the IA firm that does the switching. The IA firms only bend over and take it. On the day rate storms the IA firm is losing the same percentage as we are. Including that exhorborant tax rate mentioned earlier.
I have never worked Cal. and I still have not decided what to do when I fininsh cleaning up Isabel... From what I have heard though if I do agree to go, I am sticking to commercial exclusively. From what I hear about the typical homeowner in the region, your commercial losses will probably be less involved. Even the carriers allow you the leeway needed to properly settle losses when the customer is holding a 1-5 mil. policy, and of course the emotions are taken out when it's commercial etc. etc..
It would seem that the average ho- adjuster is going to be "rode hard and put up wet", but hey you never know the carriers may decide to give away the farm on this one. Those cats do happen, not often enough but they do happen (this one is getting a lot of tv time). Let's just hope that the IA's get a piece of that farm. If the adjuster turnout is as low as I'm expecting, the carriers are going to make it far more enticing for us to participate.. Maybe everybody should just stick to our guns and wait for the offers to ripen? Any ideas? |
Kevin |
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Ghostbuster
476 Posts |
Posted - 11/03/2003 : 06:10:59
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| Sticking together and playing hard to get? I like that! |
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Buster Cherry
14 Posts |
Posted - 11/03/2003 : 06:40:02
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| 35 pick up trucks chock full of adjusters just passed you on the interstate while you pulled over to play hard to get and pick your nose. |
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danmeler
25 Posts |
Posted - 11/03/2003 : 07:26:53
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| Uh yeah, speaking of adjusters getting some of the farm....you bet...probably the part they spread on the fields to make things grow. |
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1NuCat2
10 Posts |
Posted - 11/03/2003 : 07:46:38
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| Does anyone have an update? |
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BrentWhittington
USA
4 Posts |
Posted - 11/03/2003 : 08:02:59
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| Its the same as a public intermediary. Similar restrictions to PA and a few extra risks depending on each state requirments and trust worthy home owners. |
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Ghostbuster
476 Posts |
Posted - 11/03/2003 : 08:06:39
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| While picking my nose, I am reminded of our hero who saw the quicksand pit and told the thundering herd behind him, "Y'all go ahead, I'll be right behind". |
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jlombardo
USA
212 Posts |
Posted - 11/03/2003 : 08:13:15
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Brent,
Thanks for the response....Does the Florida DOI require you to be licensed? I am also not certain what a "Public Intermediary" is??? Is that like an unlicensed PA???? |
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william s cook
53 Posts |
Posted - 11/03/2003 : 08:15:32
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Brent
I have considerable interest in becoming a private adjuster, can you provide additional details?
William S Cook
Public Adjuster |
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BrentWhittington
USA
4 Posts |
Posted - 11/03/2003 : 08:45:54
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| Yes a PI is an unlicensed PA (of sorts) I have not worked in FL under this distinction. I am curently in Texas finishing files from the hail this spring. I also worked the wind/hail in Chicago or a couple years, but as a contractor, too many carriers playing games and bills needed to get paid (ya'll know what I mean I'm sure). PI is reqognized in NY and CA as far as I am familiar. Some state DOI have temp disaster allowances for ussualy 90 day increments when anyone with a pulse and a tape can be an unlicenced PA. Not always fair but I have run into (formaly licensed) PA still risking the farm and working under an expired license. I have also had people I've hired and trained recruited by the same big boy carrier and made staff adjusters. Its a wonderful industry we work in. Check the individule state DOI's to see if the recoqnize PI or if the are currently offering a temp disaster waiver. |
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Update on Fires in California
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