property damage claims News

Working Through Allocation Issues When Multiple Storms Happen

A nuanced approach is necessary to work through claims involving multiple perils, according to Bob O’Brien, managing director of Marsh’s National Property Claims Practice and Paul McVey, managing director and Marsh’s National chief property claims officer. A recent blog post …

Many Hurricane Issues for Florida Legislature to Consider

Storms are a major priority on the Florida Legislature’s agenda this year following Hurricane Irma‘s rampage across most of the state. Lawmakers will consider proposals ranging from making evacuations more efficient to helping the devastated citrus industry. The 60-day session …

Deadly California Wildfire Insurance Claims Top $3.3B

Property damage claims from a series of deadly October wildfires now exceed $3.3 billion, California Insurance Commissioner Dave Jones said Tuesday. The figure represents claims for homes and businesses insured by 15 companies and is more than triple the previous …

Aggressive Firefighting Help Protect 2,000 Southern California Homes

Southern California firefighters saved nearly 2,000 homes from a powerful wildfire that burned up to the edges of suburban canyon neighborhoods. Crews hosed down blazing trees within a few feet of homes and one residence was damaged shifting winds sent …

Adjuster Tallies Harvey’s Price One Storm-Damaged Home at a Time

Craig Reeves had been in Rockport, Texas, barely 48 hours when he ducked into the gloomy threshold of the condominium, which was darkened by blinds pulled before Hurricane Harvey and filled with a humid, mildewy funk. Reeves, a catastrophe claims …

First Harvey Lawsuit Filed to Beat New Texas Law

Late Thursday afternoon, a Dallas law firm filed a lawsuit to circumvent a new law that went into effect on Friday, September 1. The newly passed law, HB1774, was meant to curb hail lawsuit abuse, but after Hurricane Harvey some …

Opinion: Must Hurricane Harvey Victims File Insurance Claims Before September 1?

As if the tragedy and destruction caused by Hurricane Harvey in the Houston and Gulf Coast region wasn’t bad enough, a few opportunistic trial lawyers and public adjusters have taken to social media urging Houston homeowners to file their insurance …

State Farm Seeks Federal Approval to Test Drones in Illinois

State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported Saturday that the Bloomington-based company has filed an application with the U.S. Department of Transportation. The …

Yarnell Hill Fire Damage Claims Seek $662M

More than 100 damage claims seeking a total of $662 million have been filed by Arizona property owners and relatives of firefighters who died in the Yarnell Hill fire. The Daily Courier reports that 91 property owners filed claims and …

Jailed Philadelphia Adjuster Stole $700K From Claims

A Philadelphia insurance adjuster has been jailed on charges he stole more than $700,000 from 29 successful claims made by people in the suburbs, including 10 stemming from property damage caused by Hurricane Sandy last year. Montgomery County District Attorney …