Property Claims News

James Weidner, Cooperative American Physicians CEO, to be honored with City of Hope’s Spirit of Life Award, November 14

LOS ANGELES – City of Hope’s National Insurance Industry Council (NIIC) will honor James L. Weidner, chief executive officer of Cooperative of American Physicians Inc. (CAP), with The Spirit of Life® Award, City of Hope’s most prestigious philanthropic honor. Weidner …

Ex-Wisconsin Insurance Executive Charged in Scam

A former Wisconsin insurance executive and a business associate were indicted on charges of carrying out what prosecutors called a yearslong scam to defraud a major insurer of more than $800,000. An indictment returned in U.S. District Court in Madison …

Market Conditions Not Slowing Growth at Cunningham Lindsey, U.S. CEO Says

With its acquisition in early 2009 of the international business of GAB Robins (excluding its UK operations) and the U.S. forensic engineering firm, EFI Global, Cunningham Lindsey became the second largest property casualty insurance claims adjusting and risk management firm …

Kattermann Joins Brightclaim to Head Up Catastrophe Division

Atlanta, GA – March 19, 2009 – George Kattermann has joined BrightClaim as Vice President. His primary focus will be overall responsibility and management of BrightClaim’s Catastrophe Services. BrightClaim has an extensive track record successfully assisting their clients in developing …

Economy, Insurance Market from a Claims Adjuster’s Perspective

This economy is unlike any seen since the Great Depression. How does the current economic condition affect the insurance industry and claims? 1. Some people tend to not stay current with their premiums. Insureds faced with economic difficulties may tend …

Swiss Re sigma Study Tallies Catastrophic 2008

Swiss Re has just released its latest sigma study, which details the toll of disasters that made 2008 “one of the worst years for catastrophe losses” according to the report. More than 240,500 people lost their lives, while the insurance …

Swiss Re Claims Exec Huff Named Missouri Insurance Commissioner

Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the world’s larger reinsurance …

California Hosts Insurance Forum To Assist Triangle Fire Victims

California Insurance Commissioner Steve Poizner, local, state and federal oficials, as well as insurance industry representatives recently hosted a town hall-style Insurance Recovery Forum for Triangle Fire survivors in Yorba Linda, Calif. According to the Department of Insurance, 1,965 claims …

California Hosts Insurance Recovery Forum for Wildfire Survivors

California Insurance Commissioner Steve Poizner is hosting town hall-style Insurance Recovery Forums for survivors of the November 2008 wildfires. The first of such town hall meetings was held Jan. 8 in Sylmar, Calif. Commissioner Poizner was joined by local, state …

Geeslin: Too Early to Tell How Much Ike Will Ultimately Cost

Texas’ top insurance regulator told lawmakers on Sept. 24 that the insurance industry estimates there will be around 300,000 claims – including commercial property claims – stemming from Hurricane Ike, which hit the Texas coast on Sept. 13. Around 40 …