MarketWatch – March 19, 2014 Xactware’s annual property report for the United States reveals that the Oklahoma tornadoes in May had the largest effect on property repair estimate trends of all U.S. catastrophes that occurred in 2013. Xactware is a member of the Verisk Insurance Solutions group at Verisk Analytics. Xactware’s 2013 Property Report for… Continue reading Xactware’s 2013 Property Report Reveals Impact of Oklahoma Tornadoes on Estimate Trends
Tag: Insurance Estimates
Orem Company Finds Niche in Insurance Adjustment
Cathy Allred – June 2, 2013 The 200 mph winds that ripped through Moore, Okla., two weeks ago didn’t get close to Orem [UT]. But the effects reached the 1,100 miles for one company, which exists to determine property damage for insurance companies. Xactware clients use its products when damage is done to property whether… Continue reading Orem Company Finds Niche in Insurance Adjustment
Mastering Xactimate Software is Key to CAT Adjuster Success
John O’Brien – May 7th, 2013 In your first deployment as adjuster it will very quickly become apparent what things are essential to success and what things aren’t. Gadgets are Fun, Not Necessary Equipment in general and gadgets in particular, for instance, aren’t particularly vital to your success. You don’t need to have the latest and greatest laser… Continue reading Mastering Xactimate Software is Key to CAT Adjuster Success
Claim Estimates Too Low For Sandy Storm?
Joseph A. Porcelli – April 17, 2013 Super Storm Sandy – Are Insurer’s Claim Estimates Too Low? Many victims of Super Storm Sandy have found that the settlement offered by their insurance company falls short of the actual costs associated with rebuilding and restoring the damages incurred. There are several reasons for this disparity. Most… Continue reading Claim Estimates Too Low For Sandy Storm?
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?