property claim News

Fla. Appeals Court Finds Insurer Not Prejudiced by 5-Month Wait on Claim Info

A week after a federal court found that waiting two years to file a property claim is too long, a state court reached a different conclusion: Failing to timely file supporting documents on a claim does not necessarily harm the …

J.D. Power: Policyholders Have Never Been Happier With Property Claims Process

You wouldn’t know it from news coverage in the aftermath of Texas hailstorms or Florida hurricanes, but U.S. homeowner insurers are doing a better job than ever of pleasing their customers when responding to claims, according to J.D. Power. Results …

Court Waxes Shakespearean in Denying Property Insurance Claim for Counterfeit Wine

The California Court of Appeal began and ended its insurance coverage opinion of March 7, 2018 with the Bard’s wisdom. The court clearly got it right in denying property insurance coverage for the victim of counterfeit wine sales, and it …

Why Hoarding Impacts Claims

Adjusters who encounter hoarders on property claims can expect to have trouble in determining the cause of a covered loss as well as damages, said Jeff Taxier, education and training manager for American Technologies, Inc. Typically, a hoarder equals more …