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Fla. DFS Offers to Check Contracts With Roofers, Adjusters; Tenn. Eyes Claims Denials

Insurance Journal

Officials in two Southeastern states have taken steps to hold insurers or recipients of insurance funds accountable after Hurricanes Helene and Milton spurred thousands of insurance claims. The Tennessee Department of Commerce and Insurance reminded insurance carriers that they must …

Claim 299
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US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood

Insurance Journal

Insurance carriers may want to examine policy language – and what information they request from insureds – after the U.S. Supreme Court let stand a lower court’s ruling which could force Argo Group to cover claims that a wood-treating company …

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Insurance Claims-Handling Best Practices: Ensuring Smooth Claims Processing for Your Clients

Word & Brown

If that happens, there are some claims handling best practices you should consider. Be Prepared for Health Insurance Claims Handling It is important you understand the claims process generally, and the specific policies and procedures that apply for each of the insurers/carriers/health plans that you represent.

Claim 52
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New IRC report indicates that Most Homeowners Expect to Experience Severe Weather in Future and Feel Prepared. 

Triple-I: Homeowners Insurance

About 34 percent said they filed an insurance claim after experiencing damage to their homes, and 45 percent said they hired a contractor. Also, 68 percent of participants who filed claims said they used Assignment of Benefits (AOB) to authorize the repair company to bill the insurance carrier.

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What is Subrogation and How Does it Work?

Bankers Insurance

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? Depending on the success of your insurance carrier’s efforts in the subrogation process, and the resulting reimbursement amount, the insured may be entitled to receive funds held back from their insurance carrier.

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Proactive Tips for Businesses Facing Hail Damage Claims

Risk Management Monitor

As companies assess their natural disaster preparedness, there are some proactive measures that should be taken specifically for hail to leave organizations best positioned for any resulting insurance claims. Based on this discovery, you enlist a roofing contractor to investigate further.

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Blog Post: Global Microsoft Outage: Guidance for Claimants Navigating the CrowdStrike Event

LexisNexis

Cyber Insurance: Post-Breach Tips Video Get tips on what to do following a data breach, including having an accessible incident response plan, having counsel and forensic experts in place prior to an incident, and providing notice to insurance carriers.

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