CatAdjuster.org Forum Archives
 All Forums
 Claim Handling
 General Discussion
 "Isabel", is a Hot Potato headed behind?
 Forum Locked  Topic Locked
 Printer Friendly
Previous Page | Next Page
Author Previous Topic Topic Next Topic
Page: of 17

KileAnderson

USA
875 Posts

Posted - 04/06/2004 :  13:53:14  Show Profile
Conman. That whole price list and software issue is a red herring. It is the same kind of software and pricelists that are used to handle insurance repairs for all kinds of other losses. I'm sure when the dust settles the problem will be found to be something other than the software.
Go to Top of Page

Reconstruction Man

124 Posts

Posted - 04/06/2004 :  14:45:58  Show Profile
[edited by Roy, text moved, see below]

Yes Kile, when the dust settles "carrier [delivered] instuctions" are going to be laid out for all to think about.

"Adjust" accordingly...
Go to Top of Page

Russ

USA
75 Posts

Posted - 04/06/2004 :  15:03:25  Show Profile
moved to http://www.catadjuster.org/forum/topic.asp?whichpage=3&TOPIC_ID=780
Go to Top of Page

KileAnderson

USA
875 Posts

Posted - 04/06/2004 :  16:24:31  Show Profile
moved to: http://www.catadjuster.org/forum/topic.asp?whichpage=3&TOPIC_ID=780
Go to Top of Page

trader

USA
236 Posts

Posted - 04/06/2004 :  17:07:51  Show Profile
moved to:
http://www.catadjuster.org/forum/topic.asp?whichpage=3&TOPIC_ID=780
Go to Top of Page

JP

4 Posts

Posted - 04/06/2004 :  19:07:23  Show Profile
I've been working flood claims in Maryland since Sept. 20th and there are a number of issues working. The biggest is the fact that this "event" occurred in an area that is less than a forty minute drive from the state capital, NFIP headquarters and Capitol Hill. There are new issues surfacing every day.
Go to Top of Page

KileAnderson

USA
875 Posts

Posted - 04/06/2004 :  20:14:40  Show Profile
That's what I've been saying since the first story posted.
Go to Top of Page

Reconstruction Man

124 Posts

Posted - 04/06/2004 :  21:03:32  Show Profile
Maryland, Virgina, NC, etc.

Keep posted for Texas.
Everything's bigger in Texas...
Go to Top of Page

katadj

USA
315 Posts

Posted - 04/07/2004 :  09:58:51  Show Profile
From the Horse's mouth:

http://www.fema.gov/news/newsrelease.fema?id=11707
Go to Top of Page

JP

4 Posts

Posted - 04/07/2004 :  10:12:54  Show Profile
Copying all open flood claims for NFIP review as we speak.
Go to Top of Page

katadj

USA
315 Posts

Posted - 04/08/2004 :  02:27:49  Show Profile
Something is happening:

http://www.baltimoresun.com/news/weather/hurricane/bal-md.flood07apr07,0,1958377.story?coll=bal-hurricane-headlines


http://www.baltimoresun.com/news/weather/hurricane/bal-md.flood08apr08,0,2417131.story?coll=bal-hurricane-headlines

Edited by - katadj on 04/08/2004 02:37:43
Go to Top of Page

Catmannn

42 Posts

Posted - 04/08/2004 :  07:56:28  Show Profile
Don't Understand,

It is my thought that the carriers in the six
states have been closing property claims for YEARS. My only guess is that they have either used one of the software programs we use, or have accepted every contractor's bid for repairs(not likely). Thus this problem is not a pricing issue, rather a scoping, coverage, and heaven forbid policial issue.
I have not seen many posts complaining of the prices used for the wind portions of these losses.
Could it be that we could rework every loss again?? Don't think the carriers are that STUPID.
What was the daily rate Fema paid on those fires in NM a few years ago?

Houtz
Go to Top of Page

ChuckDeaton

USA
373 Posts

Posted - 04/08/2004 :  11:19:41  Show Profile
If you think you are "adjusting" flood losses, you badly need to do some reading.
Go to Top of Page

katadj

USA
315 Posts

Posted - 04/08/2004 :  11:40:31  Show Profile
Agreed Chuck.

We neither affirm nor deny coverage. We prepare a scope of loss and an "estimate" of the covered damages per the policy and submit same to the vendor we are working for.

We explain to the insured, the items which are covered, those which are not, and how these items are paid, RCV, (If applicable), ACV, (on rental properties, secondary dwellings, carpet, appliances, contents, etc.) per policy guidelines.

This is then reviewed by a servicing agent, somewhere, and then the claim is paid, denied, kicked back, whatever.

The paperwork and restrictions are very different from an ISO policy form, weather standard of modified.

The flood policies, (all 3) differ in some ways, and if you are not familiar with each and every aspect, you WILL get into some contentious situations.
Go to Top of Page

katadj

USA
315 Posts

Posted - 04/08/2004 :  15:59:37  Show Profile
North Carolina News:

http://www.newbernsj.com/SiteProcessor.cfm?Template=/GlobalTemplates/Details.cfm&StoryID=14756&Section=Local
Go to Top of Page
Page: of 17 Previous Topic Topic Next Topic  
Previous Page | Next Page
 Forum Locked  Topic Locked
 Printer Friendly
Jump To:
CatAdjuster.org Forum Archives © 2000-04 CatAdjuster.org - Adjuster to Adjuster Go To Top Of Page
From CADO to you in 0.17 seconds. Snitz Forums 2000