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When navigating contested property insuranceclaims, insured parties may receive a request from their insurer for an Examination Under Oath (EUO). It is a formal proceeding, not unlike a deposition, where an insured is required to answer questions under oath about their insuranceclaim.
A collision between two tankers off Singapore in July raises questions over insuranceclaims, as one of the vessels previously shipped Iranian oil, potentially complicating payments due to Western sanctions, ship-trackers and industry sources say. What Happened? The Singapore-flagged Hafnia …
When I was first starting in the property insuranceclaim field in the early 1980s, I can still recall my mentor, Paul Butler, excitedly talking about going to the PLRB conference. He spoke of the highly sophisticated level of insuranceclaims personnel and the presenters.
When I was first starting in the property insuranceclaim field in the early 1980s, I can still recall my mentor, Paul Butler, excitedly talking about going to the PLRB conference. He spoke of the highly sophisticated level of insuranceclaims personnel and the presenters.
Many insureds and even insured representatives have never dealt with a flood insuranceclaim and the intricacies of the National Flood Insurance Program. Resources are available at … The post Navigating Flood InsuranceClaims from Hurricane Helene appeared first on Property Insurance Coverage Law Blog.
National Flood Insuranceclaims are notoriously complex and exacting. Most policyholders are unaware that National Flood claims are among the most difficult property insuranceclaims to handle correctly, and that the National Flood Insurance adjuster has limited authority.
Filing a property insuranceclaim can feel unfamiliar to many. However, once you’ve submitted your claim, there are key steps you can take to ensure the best possible outcome. Here’s a guide on what to do next, from tracking your claim to ensuring your rights are protected.
In the wake of the devastating Hurricanes Helene and Milton that recently struck Florida and neighboring states, policyholders are facing the daunting task of rebuilding their lives and navigating complex insuranceclaims.
How do insuranceclaims work when your home has already been damaged once? A recent Florida Office of Insurance Regulation (OIR) Bulletin clarifies how insurers must handle claims for multiple hurricanes. But what happens when two hurricanes strike in the same season?
A recent viral social media post following the California wildfires has brought to light a critical issue: homeowners are finding their insuranceclaims denied because their properties are held in trusts, yet the trusts are not listed on their insurance policies.
Damage to private property from Iran’s recent missile barrage on Israel amounted to 150 million to 200 million shekels ($40 million to $53 million), according to figures provided by Israel’s tax authority, making it the costliest since the start of …
In a significant development for policyholders affected by Hurricanes Helene and Milton, House Oversight Democrats have taken decisive action to protect hurricane victims from potential insurance fraud.
1 … The post Delay, Deny, Defend Professor Offers Suggestions for Meaningful InsuranceClaims Reform appeared first on Property Insurance Coverage Law Blog. 1 … The post Delay, Deny, Defend Professor Offers Suggestions for Meaningful InsuranceClaims Reform appeared first on Property Insurance Coverage Law Blog.
In a significant move to protect policyholders, the Michigan Department of Insurance and Financial Services (DIFS) issued a groundbreaking bulletin that explicitly prohibits insurers from depreciating labor costs when calculating actual cash value (ACV) in homeowner insuranceclaims.
I was thinking about this while calling FAPIA Managing Director Nancy Dominguez to take down a wrong proof of loss form that some ignorant attorney had sent to a group as the proper NFIP proof of loss to be filed … The post Policyholders Beware of Whom You Hire Regarding Your National Flood InsuranceClaim appeared first on Property Insurance (..)
United Insurance Company 1 offers timeless guidance on the distinction between preliminary “proof of loss” requirements and “proof” evidence required at trial. This distinction remains critically important for today’s insurance practitioners and policyholders alike. The 1802 New York Supreme Court case of Lenox v.
August 8, 2024 — Sutherland is excited to introduce CognilinkClaims™, an innovative AI-powered solution that integrates Classic AI and Generative AI capabilities to redefine and streamline the entire claims process. Pittsford, NY. This advanced AI solution represents a significant advancement …
The Philadelphia Eagles football team has lost its bid for federal court reconsideration of the dismissal of the team’s claim for insurance coverage for COVID-19 losses. The Eagles tossed a red flag in November after the federal district for Eastern …
The latest revelations about Allstates use of artificial intelligence (AI) in drafting insuranceclaims emails should serve as a wake-up call for policyholders, insurance regulators, and insurance industry claims handlers.
Fraud allegations in insurance disputes are serious business. When an insurerclaims a policyholder intentionally misrepresented facts, its essentially saying, “You lied, and we dont have to pay.”
The latest revelations about Allstates use of artificial intelligence (AI) in drafting insuranceclaims emails should serve as a wake-up call for policyholders, insurance regulators, and insurance industry claims handlers.
A Connecticut man has been arrested and charged with insurance fraud for allegedly running a scam involving filing fraudulent insuranceclaims for iPhones. Connecticut State Police said its investigation linked Esmaylin Delacruz of Milford to at least $50,000 in value …
A Colorado man who aided a former insuranceclaims adjuster in an auto insuranceclaims scheme was sentenced this week. In 2020, Brassfield, 55, of Aurora, reportedly aided former Travelers Insurance employee Colette Palin, 63, of Aurora in committing fraud.
Willis, a WTW business headquartered in New York City, appointed Dom Spinelli as head of transactional insuranceclaims for North America. He leads the claims function within Willis’ Alternative Asset Insurance Solutions (AAIS) industry vertical division, overseeing the entire life …
The Louisiana of Department of Insurance (LDI) is warning residents to be cautious of online scams related to Hurricane Francine insuranceclaims. The LDI has detected an increase in online advertising activity related to Hurricane Francine, some of which attempts …
The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insuranceclaims payments to repair the property. RL New Brunswick Owner LLC, …
Did you hear the one about cat poop clogging a toilet, resulting in thousands of gallons of sewage water in the home and a big insuranceclaim? Lin Werkheiser, an insurance fraud investigator, has heard that one and many more …
A former West Virginia volunteer fire official is awaiting sentencing after he admitted to setting fire to his home, filing an insuranceclaim, and using the fire department’s credit card for personal gain. Ennis, 43, of St. Albans, …
It seems like yesterday, but the world of property insuranceclaims has changed significantly since 1985. The 2025 Windstorm conference had more of a Texas flare … The post Thoughts From a Policyholder Attorney of 40 Years About the 2025 Windstorm Conference appeared first on Property Insurance Coverage Law Blog.
Merlin Law Group California attorney Dan Veroff, who was a former staff attorney for United Policyholders (UP), advised policyholders suffering from a California wildfire to attend events by United Policyholders in Theres a Wildfire Burning What Do I … The post California Fire InsuranceClaim InformationUnited Policyholders to the Rescue!
Central's Vice President of our Central Regional Office, RJ Coleman, outlines some essential tips to help you develop a good relationship with your claims adjuster. The post How to Develop a Good Relationship With Your InsuranceClaims Adjuster appeared first on Central Insurance Blog.
The number of property insuranceclaims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The total estimated insured losses …
It seems like yesterday, but the world of property insuranceclaims has changed significantly since 1985. The 2025 Windstorm conference had more of a Texas flare … The post Thoughts From a Policyholder Attorney of 40 Years About the 2025 Windstorm Conference appeared first on Property Insurance Coverage Law Blog.
Eight people and two law firms have been charged in what authorities say was more than a decade-long scheme of staging vehicle crashes in the New Orleans area and then submitting fraudulent insuranceclaims, leading to what prosecutors allege was …
Howard A majority of global insurers are actively endorsing the application of AI chatbots and generative AI in claims resolution processes, underwriting and customer fulfilment, according to a survey conducted by Gallagher Bassett, the claims-services provider and subsidiary …
What is the secret to an insuranceclaims experience that satisfies customers? Power has conducted surveys and curated lists recognizing insurers that succeed at providing satisfactory claims experiences. Carrier Management recently asked claims leaders at two of … For years, J.D.
During my flood speech this morning at the Florida Association of Public Insurance Adjusters (FAPIA) Conference, a discussion about letters of representation was raised. FAPIA Vice President Frank Altieri noted that federal law applied and that the Florida regulations regarding providing a contract to the insurer do not apply.
A recent viral social media post following the California wildfires has brought to light a critical issue: homeowners are finding their insuranceclaims denied because their properties are held in trusts, yet the trusts are not listed on their insurance policies.
National flood insurance is unlike any other insurance. I have received numerous calls from furious Hurricane Helene policyholders after learning how little coverage is afforded for the non-elevated floor of a multi-story building under their flood insurance policies.
Is an Invasion Covered Under a Commercial Insurance Policy? appeared first on Property Insurance Coverage Law Blog. where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa!
The Tennessee Department of Commerce and Insurance so far this year has secured more than $9.5 million for policyholders whose insuranceclaims had been denied, the department announced this week. The payments, mostly from property insurers, are the result of …
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 insuranceclaims. The Tennessee Department of Commerce and Insurance reminded insurance carriers that they must …
Property Insuranceclaims from Hurricane Milton had topped more than 123,000 by Sunday, with some $1.5 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which made landfall in Florida two weeks earlier, …
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