Patricia L. Harman | Property Casualty 360° | January 6, 2016 As the Midwest begins to dry out from massive flooding, insurance adjusters and contractors from across the country will be working to get covered insureds back to some semblance of normalcy. For those who have flood insurance, the claims process is just beginning, and they… Continue reading 10 Factors to Consider when Adjusting Flood Claims
Category: Insurance Claims
The Dark Side of Claim “Best Practices”
Kevin Quinley, CPCU | Claims Magazine | January 2016 Don’t look now, but best practices are the rage. Every insurance company, third-party claims administrator and independent adjusting company seems to embrace best practices to differentiate themselves from competitors. Marketing factors spur the trend too, as companies tout their own best practices to separate themselves from… Continue reading The Dark Side of Claim “Best Practices”
Differing Site Conditions Claim Fails in Washington State
Meredith C. Eilers | Bernstein Shur Sawyer & Nelson PA | December 29, 2015 A recent decision from an appeals court in Washington State is a reminder of the difficulties in proving a differing site conditions claim, and the importance of contract documents in asserting that claim. In King County v. Vinci Construction Grands Projets, — P.3d… Continue reading Differing Site Conditions Claim Fails in Washington State
#7 – Absence of Property Damage During Policy Period Equates to No Coverage
Tred R. Eyerly | Insurance Law Hawaii | March 30, 2015 The Montana Supreme Court determined there was no coverage for the insured due to a lack of property damage during the policy period. Truck Ins. Exchange v. O’Mailia, 2015 Mont. LEXIS 54 (Mont. Feb. 17, 2015). The insured plumbing company, Lolo Plumbing & Heating,… Continue reading #7 – Absence of Property Damage During Policy Period Equates to No Coverage
Citizens Property Insurance Seeks Changes for Water Claims
Jim Turner | Miami Herald | December 9, 2015 The state-backed Citizens Property Insurance wants to change policy language in an attempt to stem the growth of water-damage claims the agency says are starting to spill out of South Florida. The Citizens Board of Governors on Wednesday unanimously agreed to move forward with the changes… Continue reading Citizens Property Insurance Seeks Changes for Water Claims