property claims News

New Law in Oklahoma Sets Requirements for Public Adjusters

Oklahoma’s governor has signed legislation proposed by the state insurance department that specifies certain required and prohibited actions of public adjusters. According to Insurance Commissioner John D. Doak, Senate Bill 439, signed by Gov. Mary Fallin aims to protect Oklahoma storm …

Meadowbrook Insurance Group: $5.1M Known Claims from Hurricane Sandy

Meadowbrook Insurance Group Inc., headquartered in Southfield, Mich., reported that so far it has approximately $5.1 million of known claims resulting from Hurricane Sandy. The claims reported from Hurricane Sandy are primarily limited to marine and properties in the Northeast. …

Falling Trees: Act of God or Covered Event?

Although not nearly on the scale of Hurricanes Katrina and Rita in 2005, Hurricane Isaac caused a surprising amount of damage in Louisiana despite the fact that it was only a category 1 hurricane, the weakest category by which the …