Articles by Denise Johnson

Early Consideration Key to Successful Subrogation After Catastrophe Losses

Subrogation should be considered immediately, even after a catastrophe loss. This was the takeaway during a recent webinar presented by national law firm Cozen O’Conner. Thaddeus Baria, an Chicago-based associate in the firm’s Subrogation and Recovery Practice Group, explained that …

Litigation Financing Targets Commercial Auto, Trucking Firms

Investor-funded litigation is not new but it is expanding its reach in commercial auto cases, according to experts in the field. Panelists at the 2017 Risk Management Summit in Las Vegas, Nev., addressed the growing trend of investor funded litigation …

Superstorm Sandy’s Impact on Flood Risk Assessment, Mitigation 5 Years Later

It’s been five years since Superstorm Sandy caused widespread devastation to the East Coast, causing an estimated $18.75 billion in insured property losses at the time, according to ISO’s Property Claim Services (PCS). In an interview with Claims Journal, Marc …

Parametric Insurance Explored for U.S. Disasters

Catastrophic losses this year due to extreme weather events have led to a growing interest in parametric insurance in the U.S., according to industry experts. Weather stations and satellite images are helping to make parametric coverage an increasingly affordable and …

Officials Reflect on Superstorm Sandy 5 Years Later

It’s been five years since Superstorm Sandy struck the Eastern seaboard late during the 2012 hurricane season. Recently, local city and government officials were interviewed to give their perspective on the storm in a five-year overview video created by James …

Fighting Commercial Auto Frequency, Severity Drivers With Technology

Litigation financing, distracted driving and unexpected verdicts are just some of the factors impacting commercial auto frequency and severity, according to panelists speaking at the 2017 Risk Management Summit last week. There’s been a focus on commercial auto underwriting losses …

After Hurricanes, Focus Turns to Assessing the Effectiveness of Building Code Adoption

As residents and businesses continue to recover after Hurricanes Harvey and Irma, focus is beginning to turn to mitigation. In Florida, where experts say better buildings codes resulted from Hurricane Andrew 25 years ago, analysis will include how improved codes …

Aerial Imaging, Machine Learning Speed Hurricane-Related Damage Assessments

In the wake of three devastating hurricanes this season, many carriers and vendors used drones and airplanes to assess structural storm damage in several states. The use of aerial imaging combined with machine learning has led to speedier claims resolution, …

Hurricanes Reveal Need for More Catastrophe Adjusters

Back to back hurricanes coupled with retiring, experienced personnel has created a tight adjuster job market. From emails to online jobsites, there’s no shortage of firms advertising jobs for cat adjusters in the aftermath of Harvey and Irma. A recent …

Texas Roofer Appeals Class Certification in Case Alleging Hail Damage Solicitation

A Texas roofer has filed an appeal disputing a class action finding in a case involving allegations of hail solicitation that could impact 3000 of its customers. The appeals case could have implications for contractors who act as public adjusters …