California Insurance Commissioner Steve Poizner today announced that as of Thursday, 502 emergency insurance adjusters had been registered with the Department of Insurance to expedite the processing of insurance claims for victims in Southern California’s fire-ravaged communities.
Just after the fires broke out, anticipating the urgent need for more assistance than insurance companies in California could provide on their own, Commissioner Poizner declared an insurance emergency. Through this declaration, the Commissioner authorized out-of-state adjusters to come to California and assist victims in processing their claims so they can get paid as quickly as possible.
More than 2,000 homes were lost during the blazes. Estimates of insured losses range from $1 billion to $1.7 billion.
Source: CDI
Was this article valuable?
Here are more articles you may enjoy.
GAO: Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire 
US Doubles Hormuz Reinsurance Guarantees to $40 Billion With New Partners 
Another State, Tennessee, Warns Insurers About the Proper Use of Drone Images 
After ‘Two Clocks’ Workers’ Comp Court Ruling, Will Florida Claims Be Reopened? 
