Leslie Kaufman | Claims Journal As the Trump administration stalls federal funding for projects intended to make states more resilient to climate change and private insurers decline to cover properties in high-risk zones, North Carolina just proved there’s another way to fund disaster preparedness: a $600 million catastrophe bond that rewards homeowners and their insurer… Continue reading ‘Super Roofs’ Are Rewarding Insurers, Cat Bond Investors and Homeowners
Tag: Roof Claims
Could Appeal Decision in Florida Roof Case Lead to More Expert Witness Challenges?
William Rabb | Claims Journal Universal Property & Casualty Insurance Co. will have to go back to court to show how an insured’s roof expert was in error when he used questionable data and failed to inspect the claimed damage before a south Florida home was reroofed. The case is another skirmish in what Florida… Continue reading Could Appeal Decision in Florida Roof Case Lead to More Expert Witness Challenges?
Farm Bureau Changes Policy On Roof And Hail Damage Claims
Autumn L. Gentry – September 17, 2012 Effective October 1, 2012, Tennessee Famers Mutual Insurance Company (Farm Bureau) will settle all roof claims for actual cash value rather than full replacement value for all new and renewal business. In addition, Farm Bureau will now require that all hail losses be reported within one year from… Continue reading Farm Bureau Changes Policy On Roof And Hail Damage Claims