Documents Reveal Insurers Cut Down Independent Adjuster Estimates For Hurricane Ian Damages -- When insurance adjuster Jordan Lee entered the cream-colored house battered by Hurricane Ian, the smell from the rain-soaked carpet made it hard to breathe. Piles of pink insulation covered the worn, white couches, he recalled, and poured from the collapsed ceiling, left gaping from the storm's 150 mph winds
CLAIMS PAGES WEEKLY NEWSLETTER
|
|
|
When insurance adjuster Jordan Lee entered the cream-colored house battered by Hurricane Ian, the smell from the rain-soaked carpet made it hard to breathe. Piles of pink insulation covered the worn, white couches, he recalled, and poured from the collapsed ceiling, left gaping from the storm's 150 mph winds
|
|
|
|
Apartment buildings were evacuated Wednesday after a landslide in San Clemente that left the rear of the buildings on the verge of collapsing down a steep hillside.
|
|
|
An insurance company is being sued by customers who claim they were unpaid on claims because the carrier deducted labor depreciation from their payouts. Illinois residents Betty and Daniel Grawe filed a class action complaint against Trumbull Insurance Co. last month, claiming it shortchanged them on a property damage claim from May 2021.
|
|
|
Digital twins help insurers leverage high-quality data to counter unpredictable weather conditions caused by climate change.
|
|
|
Digital claim reporting dropped in 2022, and it's a 'worrying sign' for insurance companies. Increasing cycle times have made it harder for insurers to keep customers up to date on their claims through digital channels, while an increase in severity has driven down digital claims, Mark Garrett, director, insurance intelligence at JD Power has warned.
|
|