Mark A. Collins, Ryan S. Smethurst and Margaret H. Warner – November 19, 2012 It is estimated that Superstorm Sandy could cause up to $50 billion in losses, and up to $20 billion in insured losses. Businesses should review their commercial property insurance policies and submit claims for Sandy-related losses, if warranted. * * *… Continue reading Insurance Claims For Superstorm Sandy Property Damage And Business Interruption – Insurance – United States
Category: Insurance Claims
Construction Defect Claims: An Update [Part 1]
Thomas F. Segalla, Matthew S. Lerner and Han K. Kim – October 1, 2012 Construction defect coverage and liability litigation continues to be jurisdictionally specific and dictated by the relevant terms, conditions, limitations, exclusions and endorsements contained in the policy of insurance at issue. An assessment of the cases reported in this update indicates that… Continue reading Construction Defect Claims: An Update [Part 1]
Farm Bureau Changes Policy On Roof And Hail Damage Claims
Autumn L. Gentry – September 17, 2012 Effective October 1, 2012, Tennessee Famers Mutual Insurance Company (Farm Bureau) will settle all roof claims for actual cash value rather than full replacement value for all new and renewal business. In addition, Farm Bureau will now require that all hail losses be reported within one year from… Continue reading Farm Bureau Changes Policy On Roof And Hail Damage Claims
Mobile Devices Can Be Game-Changers for Both Claimants and Adjusters
Sam Friedman – July 13, 2012 In one of the most memorable episodes of the classic TV sitcom “The Honeymooners,” Jackie Gleason’s iconic character, Ralph Kramden, appears in a live infomercial touting the “Chef of the Future,” a nifty little tool that supposedly can perform a dozen or so key tasks in the kitchen. Unfortunately,… Continue reading Mobile Devices Can Be Game-Changers for Both Claimants and Adjusters
S.C. has ‘Very Weak Regulations’ on Property Insurance
Tony Bartelme – June 21, 2012 Take a deep breath and imagine this scene: You walk into a shop, see what you want on the shelf, but notice that there aren’t any prices. Confused, you ask how much the item costs. “Well, it depends on whether we’re selling it today,” the clerk says. When it… Continue reading S.C. has ‘Very Weak Regulations’ on Property Insurance