Chip Merlin | Property Insurance Coverage Law Blog | May 22, 2018 Overhead and Profit can generate a lot of debate when insurance company adjusters are looking to meet their adjustment severity goals and lower claims payments. But have you ever wondered how those same insurers instruct their sales people to calculate overhead and profit… Continue reading Farmers Insurance Recognizes 25% Contractor Overhead and Profit!
Tag: xactimate
Quality Construction Estimates Help Stop or Avoid Disputes
Advise & Consult, Inc. | September 21, 2015 As construction estimate expert witnesses, many of the cases that we are involved in don’t necessarily revolve around the construction defect or property damage itself, but what the cost of the repairs will be. If anyone has ever gotten multiple estimates for any type of work, you know… Continue reading Quality Construction Estimates Help Stop or Avoid Disputes
( VRSK ) Xactware Simplifies Flood Estimating with Latest Version of Xactimate
Wall Street Journal – April 1, 2014 Xactware has just released an update for Xactimate(R) that makes it significantly easier to estimate flood losses in the United States. Xactware is a member of the Verisk Insurance Solutions group at Verisk Analytics. The new Xactimate features simplify many steps in the unique process of estimating flood… Continue reading ( VRSK ) Xactware Simplifies Flood Estimating with Latest Version of Xactimate
Xactware’s 2013 Property Report Reveals Impact of Oklahoma Tornadoes on Estimate Trends
MarketWatch – March 19, 2014 Xactware’s annual property report for the United States reveals that the Oklahoma tornadoes in May had the largest effect on property repair estimate trends of all U.S. catastrophes that occurred in 2013. Xactware is a member of the Verisk Insurance Solutions group at Verisk Analytics. Xactware’s 2013 Property Report for… Continue reading Xactware’s 2013 Property Report Reveals Impact of Oklahoma Tornadoes on Estimate Trends
Orem Company Finds Niche in Insurance Adjustment
Cathy Allred – June 2, 2013 The 200 mph winds that ripped through Moore, Okla., two weeks ago didn’t get close to Orem [UT]. But the effects reached the 1,100 miles for one company, which exists to determine property damage for insurance companies. Xactware clients use its products when damage is done to property whether… Continue reading Orem Company Finds Niche in Insurance Adjustment