disaster claims News

How to Help Clients with Disaster Claims and Avoid Agency E&O Claims

In an online discussion on agency errors and omissions (E&O) exposures following Hurricanes Harvey and Irma, Florida Association of Insurance Agents’ (FAIA) David Thompson, insurance educator for more than 20 years, and Dan Britto, professional liability attorney with the law …

Munich Re Issues First Quarter Profit Warning on Lower Equity Investments

Munich Re, the world’s second-biggest reinsurer, fell the most since August 2013 after saying first-quarter profit will be lower than it previously expected. Earnings for the quarter will also be lower than a year earlier after market turmoil caused the …

Alabama Man Pleads Guilty in Tornado Fraud Case

A west Alabama man has pleaded guilty to fraudulently claiming disaster benefits following the April 27 tornadoes in Alabama. Officials say 47-year-old Robert Lee Spires entered his plea before U.S. District Judge L. Scott Coogler to two counts of attempted …