claims adjusters News

Bursting Pipes, Sagging Roofs Strain Texas Adjusters, Contractors

After the big freeze in Texas comes the big thaw — and the big demand for workers to repair the broken pipes and sagging roofs the retreating ice and snow will reveal. It could take months for contractors to fix …

How Insurance Claims Pros Are Adjusting to Pandemic Complications

The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims managers are coping with evolving government regulations and guidelines. Crawford & Co. says it has added a new step to …

Private Flood Insurance Growth Could be Boon for Claims Professionals

A nudge into the market by carriers offering private flood insurance is becoming more of a shove, which might bring new opportunities for claims adjusters and maybe create a more efficient claims process along the way. An executive for Munich …

Technology Helping Adjusters More Quickly Identify Legitimate Claims

The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Corey Chernett, chief executive officer …

How Florida Insurers Can Prepare for Claims from a Major Hurricane

After eight hurricanes in two years between 2004 and 2005, we haven’t seen a hurricane in Florida for over 10 years. Has the state learned from those storms? Are the insurance companies ready? What about the independent adjusting companies, do …

Chubb: No Operations or Employees in U.S. Blacklisted Countries

Chubb Corp. has distanced itself from insurance adjusters in Sudan and Syria after a U.S. Securities and Exchange Commission inquiry into business in nations blacklisted by the U.S. because of terrorism ties. The third-party adjusters who examine marine claims are …

Contractors Need to Be Involved in the Claims Process, BELFOR CEO Says

Customer service in property claims suffers when the contractor is left out of the settlement process and policy renewals may be in jeopardy because of it. That’s the word from the top executive of one of the world’s largest disaster …

R.I. Legislator Sentenced for Underpaying Tax for His Adjuster Firm

The deputy speaker of the Rhode Island House of Representatives has been sentenced to serve time in federal prison for tax fraud involving his insurance adjuster firm. Rep. John McCauley — the owner and co-operator of McCauley and L’Europa Public …

Texas 2011 Legislative Update

Ambulance-chasing attorneys, frivolous lawsuit filings and contractual indemnification clauses were all subjects addressed by the Texas 2011 legislative session. Joanna Salinas, partner and manager of the Austin-based law firm of Fletcher, Farley, Shipman & Salinas, provided an update on the …

Insurance Adjusters Brace for Cold Weather Claims

Though summer weather is associated with devastating catastrophe losses, the winter holiday season can be equally busy for insurance adjusters. The third-largest cause of catastrophic losses behind hurricanes and tornadoes, winter storms resulted in almost $26 billion in insured losses …