Thus it is a bit strange even to him that he has come to be known as the marijuana guy among insurance claims professionals. He thinks his leading qualification for the honor may be that he went to college in the 70s with roommates who rolled joints the size of Cuban cigars public adjusters and had a dormitory neighbor who cultivated pot plants on the roof. He actually does have additional real qualifications, too. He graduated law school and is an attorney with Brown Dean Proctor & Howell, a Houston-based corporate and insurance defense firm. I did inhale, he admitted to his audience of claims... [Read more »]
Insurance claims reached about $1.2 billion, according to the report. Thunderstorms -- including losses from damage caused by hail, wind and tornadoes -- have surpassed hurricanes as the costliest peril for the insurance industry in the U.S. over the past decade, said Steve Bowen, director and meteorologist of Aon Benfield's impact forecasting division. Fewer hurricanes have been making landfall, but thunderstorms have become increasingly damaging. "While the individual losses themselves may not be as costly as hurricanes, it's sort of death by a million paper cuts," Bowen said. "You get all... [Read more »]
Thunderstorms -- including losses from damage caused by hail, wind and tornadoes -- have surpassed hurricanes as the costliest peril for the insurance industry in the U.S. over the past decade, said Steve Bowen, director and meteorologist of Aon Benfield's impact forecasting division. Fewer hurricanes have been making landfall, but thunderstorms have become increasingly damaging. "While the individual losses themselves may not be as costly as hurricanes, it's sort of death by a million paper cuts," Bowen said. "You get all of these events that add up." Every year since 2008, the insurance... [Read more »]
Sunday, April 16, 2017 Homepage 6:00 a.m. Sunday, April 16, 2017 Homepage 0 It is often said that insurance companies make money by not giving it away. That kind of belief comes about because dealing directly with an insurance company on a claim can often be frustrating and nonproductive. Florida has a special statute that provides that when an insurance company fails to pay a valid claim on behalf of one of its insureds that the insured has the right to hire a lawyer who is paid a court awarded fee against the insurance company. This is true regardless of what kind of insurance claim is in... [Read more »]
The House voted 92-55 to send HB 1774 to the Senate, which is expected to approve it. Supporters say it will protect homeowners and business policyholders from the detrimental effects of unnecessary lawsuits over hail and other storms. The bill's lead sponsor, state Rep. Greg Bonnen, R-Friendswood, accepted an amendment to ensure that insurance companies are liable if they accept the liability of an adjuster or an agent and a jury awards a judgment in favor of the plaintiff. In addition to hail, the bill also applies to earthquakes or tremors, wildfire, flood, tornado, lightning, hurricane,... [Read more »]
loss assessors soon as your business has experienced a stressful occurrence like a flood in your residential property, the final thing you really need at that point is a tough insurance claim. Nonetheless, when you follow the ideal procedure, you are most likely to obtain successful.
Even though the procedure could be perplexing and demanding on your time, you should determine the best way to work through the household insurance coverage claim process effectively, if you wish to remuneration for your damages.
Figuring out the property insurance plan settlement process offers you... [Read more »]
Registering an insurance policy claim file typically comes after a stressful occurrence in your life. Therefore, the very last activity you need is an altercation with your insurer to pressure it to make a settlement. But, home owners may utilise measures during every stage during the process to help ensure your family acquire total satisfaction.
In the event that you wish to be given appropriate payment for losses, it is essential that you familiarise yourself with the insurance coverage claim system due to the fact that it can take plenty of time to manage and is certainly not often... [Read more »]
The moment you have suffered from a stressful event such as a flood in your residential property, the very last thing you need at that point is a very difficult insurance coverage claim. On the other hand, if you adopt the proper procedure, you are most likely to get a good result.
In the event that you wish to acquire ample reimbursement for losses, it is very important that you acquaint yourself with the insurance coverage claim process since it does take insurance loss assessors a good deal of time to undertake and is not often easy.
Having knowledge of the property insurance policy... [Read more »]