Denise Johnson – April 3, 2013 James Curry, a presenter at this year’s Combined Claims Conference in Long Beach, Calif., practiced in-house insurance defense work for 35 years and recently started his own mediation practice based in the San Fernando Valley. In an interview with Claims Journal, Curry, a seasoned mediator, provided tips to assist… Continue reading Expert Shares Tips on Successfully Mediating Claims
Category: Insurance Claims
Who Decides Whether A Claim Involves A Total Loss
Kenneth Kan – April 2, 2013 Question: Who decides whether a claim involves a total loss? A. The policyholder B. The insurance company C. An appraisal panel D. The court E. None of the above If you answered “D,” you are correct. Recently, the Supreme Court of Minnesota addressed this very question. In the case… Continue reading Who Decides Whether A Claim Involves A Total Loss
The Emperor’s New Economic Loss Rule
Peter C. Vilmos – March 28, 2013 For years, litigating breach of contract cases in Florida meant having to struggle with the array of cases dealing with the Economic Loss Rule. In its simplest form, the Economic Loss Rule is a judicially created principle that prohibits tort damages in a breach of contract action where… Continue reading The Emperor’s New Economic Loss Rule
Construction Group Expands at The Hartford
Advise & Consult, Inc. – April 2, 2013 The Hartford is focusing on midsize and large construction companies, and as such is adjusting its Construction Group. Expansion of its Construction Group capabilities brings underwriting, claims management and loss control facilities together as well as adding construction underwriters in key markets across the United States. Leading… Continue reading Construction Group Expands at The Hartford
Will Wind/Hail Cosmetic Damage Exclusion Endorsements Become the Norm?
Amy O’Connor – March 13, 2013 Cosmetic damage from wind and hail to homeowner and commercial properties may no longer be covered if insurers opt to use new endorsements, one for homeowners and another for commercial roofs, that are becoming available. The two organizations that standardize forms and policies for property/casualty insurers, the American Association… Continue reading Will Wind/Hail Cosmetic Damage Exclusion Endorsements Become the Norm?