Latest

Insurance Claims Standpoints

The claims involved everything from aviation to cyber security. The analysis included nearly 1,880 U.S. animal-related business liability claims, representing about 2 percent of all commercial claims in the study. Animal claims increased 28 percent between 2011 and 2015, from 287 to 365, according to Allianz. The average animal-related liability claim is about $10,400, with all animal claims totaling nearly $20 million. Bedbugs accounted for 21 percent of U.S. business liability claims involving animals. Some claims, however, were peculiar, such as a hotel guest whose room was invaded by a

... Read more

Loss Adjusters Opinions

animal-related business liability claims, representing about 2% of all commercial claims in the study. Animal claims increased 28% between 2011 and 2015, from 287 to 365, according to Allianz. The average animal-related liability claim is about $10,400, with all animal claims totaling nearly $20 million. Bedbugs accounted for 21% of U.S. business liability claims. Some claims, however, were peculiar, such as a hotel guest whose room was invaded by a flying squirrel and another whose hearing aid and slippers were destroyed by a rodent. Two claims involved people who were attacked by aggressive

... Read more

Loss Adjusters Commentary

An analysis by FAIR Health, a national non-profit advocating healthcare transparency, found the rate of private opioid abuse claims nearly tripled the overall rate across the state, which increased by 487 percent over the same time period. The New York statistics are consistent with the national trends which indicate that opioid abuse and dependence are widespread and are affecting every group in the society, Robin Gelburd, president of FAIR Health, told The Daily Caller News Foundation. Because cases of opioid abuse are highly correlated with an initial introduction to opioids through pre

... Read more

Just Insurance Adjusters

The lack of transparency of the claims and the lengthy process makes the claimant feel frustrated about it. The claim processes cost the industry more than 15 percent of the total indemnity payout annually. The company uses mobile, AI and video communication platforms to speed up processing claims. The mobile platform lets customers document their loss and go through claims details. The AI uses info from the insurers past years along with current data to estimate the cost of the claim based on images, data and a third-party pricing database. For more complicated claims, the agents can use the

... Read more

Insights Within Public Adjusters

Office Depot has closed on sale of its South Korean business to Hong Kong investment firm, Excelsior Capital Asia. Caption Hollywood building sold at auction Construction on the H3 Hollywood condominium stopped last year, and the building was sold at a foreclosure auction Tuesday. Construction on the H3 Hollywood condominium stopped last year, and the building was sold at a foreclosure auction Tuesday. Privacy Policy It looks like South Florida homeowners should brace themselves for another year of property insurance rate hikes. A legislative bill aimed at driving down costs for insurance c

... Read more

A Professional Insurance Claims Adjuster Deserves Each & Every Nickel

Submitting an insurance plan claim frequently follows a painful occurrence in your daily life. Therefore, the very last thing you really need is an argument with your insurance company to oblige it to pay out. Nevertheless, you can easily take guidelines during each point during the insurance loss assessors process to really help make certain you get satisfaction.

Even though the process may be challenging and even time consuming, you must figure out how to work through the household insurance claim system properly, if you would like to be recompensed for your damages.

A good deal of... Read more

A Superb Claim Adjusters Is Worth Every Single Pound

When your business have endured a frightening occurrence like a theft in your property, the very last concern you need to have then is a difficult insurance policy claim. Nonetheless, when you observe the correct process, you are more likely to obtain a good result.

In the event that you wish to be given good compensation for losses, it is important that you acquaint yourself with the insurance plan claims process since it can require a huge amount of time to manage and is definitely not always easy.

A lot of factors are involved in producing an insurance coverage claim. For instance,... Read more