Superstorm Sandy is poised to become one of the top three most expensive hurricanes in history. With close to 1.4 million claims filed, Sandy is likely to be the third most expensive hurricane in U.S. history in terms of insured …
Communication throughout the claims process is crucial to providing a satisfying claims experience, according to the J.D. Power and Associates 2011 Property Claims Satisfaction Study released today. The study finds claimants are considerably more satisfied when key communication practices are …
The financial toll from tornadoes that ravaged Springfield and several smaller Massachusetts communities has risen to an estimated $175 million. The state’s Division of Insurance estimated Wednesday that residents and businesses have filed 9,500 insurance claims for damage caused by …
Pronto Insurance Agency, a provider of auto and homeowners insurance, has opened a new claims center in San Antonio. Pronto has hired nearly 50 employees to service claims statewide and for those claimants who travel beyond Texas. Bill Taylor will …
Water caused $9.1 billion in annual homeowner policy property losses from 2007 to 2009 – approximately 23 percent of all homeowner property losses. But up to 93 percent, or almost $8.5 billion, of the cost of water damage could have …
Last week’s tornado in western Pennsylvania caused about $4.5 million damage when it destroyed 30 homes and damaged about 60 others, officials stated. The National Weather Service says the F2 tornado packed 120 mph winds as it cut a 300-yard-wide …
The economy has taken its toll on all businesses today and law firms are no exception. They have experienced downsizing, pressure to change specialties in order to compete for new business, and other cost cutting measures, according to industry insiders. …
San Diego, CA, 11/03/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of property and casualty insurance programs and one of the nations largest program managers, is pleased to announce the acquisition of program manager Alexander Anthony Insurance Agency, …
The frequency of Texas home fires dropped 15 percent among Allstate customers during the first half of 2010, when compared to the same period last year. This decrease puts fire frequency back in line with historical levels, after Allstate saw …
Final insurance damage estimates for Colorado’s 2009 summer storm season has been tallied at $1.4 billion, making it the most expensive in state history, according to the Rocky Mountain Insurance Information Association. According to the association’s figures, one July storm …