The CADO News Page

Engle Martin Closes Acquisition of Eberl

ATLANTA--(BUSINESS WIRE)--Engle Martin & Associates, a diversified insurance services provider, completed its acquisition of a majority share of Eberl’s Claim Service, Inc. and its related companies on September 1, 2015. Eberl provides a full suite of complementary daily and...

Texas floods: Enough rain to cover entire state with 8 inches of water in May

(CNN)So much rain has fallen this May on flood-ravaged Texas that it could cover the entire state with 8 inches of water, meteorologists say. And it ain't over yet. Every drop of rain these days is a drop too many in much of Texas, where 22 people have died and President Barack Obama has...

Governor Abbott Adds 24 Counties To Disaster Declaration

TO ALL TO WHOM THESE PRESENTS SHALL COME: I, GREG ABBOTT, Governor of the State of Texas, issued an Emergency Disaster Proclamation on May 11, 2015, certifying that the severe weather, tornado and flooding event that began on May 4, 2015, has caused a disaster in Bosque, Clay, Denton, Eastland,...

Super Typhoon Dolphin Becomes Earth's 5th Category 5 Storm of 2015

Super Typhoon Dolphin intensified into a Category 5 storm with 160 mph winds and a central pressure of 925 mb at 2 pm EDT Saturday May 16, becoming Earth's fifth Category 5 storm of the year. Dolphin hung on to Category 5 strength for twelve hours before increasing wind shear helped knock the...

Canadian Hurricane Centre

The Canadian Hurricane Centre (CHC) provides Canadians with meteorological information on hurricanes, tropical storms and post-tropical storms to help them make informed decisions to protect their safety and secure their property.

Office Approves Removal of up to 45,500 Policies from Citizens

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) 3" Franklin MO 38.24 -91.17 (LSX) 3" Franklin MO 38.24 -91.17 ROOF OF...

Phil Klotzbach's presentation from the National Hurricane Conference

Phil Klotzbach's presentation from the National Hurricane Conference has been posted.

Phil Klotzbach
Department of Atmospheric Science
Colorado State University

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 issues surrounding earthquake...

Legislators Introduce Bill To Change Adjuster Licensing In Florida

LEGISLATORS INTRODUCE BILL TO CHANGE ADJUSTER LICENSING IN FLORIDA NEW PROPOSED LAW TO REQUIRE ADJUSTERS TO TAKE THE STATE TEST Currently, adjuster candidates who obtain an approved designation are exempt from taking the state licensing test. On February 24, 2015 two bills were introduced into...

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. in Parsippany, New Jersey. Optional ISO...

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 billion, second only to Katrina. Now two and a half...

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 victims. United Policyholders, a San Francisco-based group...

Don’t Mess With Texas Adjusters In Hail Damage Claims

Texas hail claim policyholder lawyers, like many plaintiffs’ lawyers, clearly prefer to be in state court rather than federal court. To accomplish this and prevent the defendant insurer from properly removing the lawsuit to federal court, Texas policyholder attorneys simply sue the...

Want to move to New Zealand and work as a Loss Adjuster?

The Earthquake Commission (EQC) will pay 24 of its staff $65,000 a year to fill new positions requiring just over one week's work per month. The public insurer is looking for candidates from within its workforce for "base contractor" positions, as loss adjusters and estimators, around the...

NYC, Boston ban road travel as huge storm hits

A historic snowstorm blasted its way through the Northeast on Monday, bringing with it havoc, flight cancellations, school closings and worry that up to 3 feet of snow and hurricane-force winds might be on the horizon. Both New York City and Boston took the rare step of banning all forms of...

Billion-Dollar Weather and Climate Disasters: Overview

"In 2014, there were 8 weather and climate disaster events with losses exceeding $1 billion each across the United States. These events included a drought event, a flooding event, 5 severe storm events, and a winter storm event. Overall, these events resulted in the deaths of 53 people and had...

Insurance industry wins temporary FLSA exemption for insurance adjusters in CRomnibus

Congress's omnibus spending bill effectively created a new exemption to the FLSA's overtime rules for insurance adjusters during the two-year period after a major disaster. Section 111 of the appropriations bill for the DOL directs the agency that the FLSA "shall be applied as if" there is an...

Review of natural catastrophes in 2014

PRINCETON, N.J.--(BUSINESS WIRE)--The absence of very severe catastrophes and a quiet hurricane season in the North Atlantic meant that losses from natural catastrophes in 2014 were much lower. In North America, overall losses of US$ 30bn and insured losses of US$ 18bn were well below...

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