Reflections from the 2018 Windstorm Insurance Network Inc. Conference

This year’s “WIND” conference in Orlando, Florida marks the 18-year anniversary that folks from all over the U.S. have gathered to network, learn, and in many instances, conduct settlement talks on active cases to resolve issues involving wind losses and other perils covered by property insurance. Without a doubt, this conference was very successful and…

Hurricane Irma’s Deductible Surprise & Other Insurance Policy Surprises Hurting the Policyholder

Hurricane Irma’s Deductible Surprise & Other Insurance Policy Surprises Hurting the Policyholder

y now folks in Florida are finding out how little they are going to get paid for their insurance claim damages from Hurricane Irma. Our office is being bombarded with calls and emails from policyholders seeking help and answers about their property insurance losses from Hurricane Irma. Not surprising a lot of the frustration is…

Will Christmas be merry or will old man Scrooge ruin the season of giving for policyholders?

Will Christmas be merry or will old man Scrooge ruin the season of giving for policyholders?

The title for this blog popped in my head based on a question sent into our firm about property insurance policy adjusting practices and procedures related to Hurricane Irma claims. Here is the question sent in from a resident in one hard hit area of Florida: Policyholder Question: I received a claim check from the…

Policyholder Question – Applying Overhead & Profit in Property Insurance Claims

Policyholder Question – Applying Overhead & Profit in Property Insurance Claims

The following is an insurance claim question we answered for a policyholder through the United Policyholders Ask an Expert Forum. Q. Does the insurance company pay Overhead & Profit to the insured in Florida for reconstruction of property damage? What percentage is allowed? A. On the surface this is a simple straight forward question but not always a…

Policyholder Question – How does an insurer define physical loss to property?

Policyholder Question – How does an insurer define physical loss to property?

The following is an insurance claim question we answered for a policyholder through the United Policyholders Ask an Expert Forum. Q. Our insurer rejected our mold claim, even though we have additional coverage for mold, as well as for, “Sudden and accidental tearing apart, cracking, burning or bulging of a steam or hot water heating system, an…