In Your Business

Sketch My Roof

In Your Business - News related to the Business end of Catastrophe claims handling.
 

Citizens: We weren't ready for major impact from Hurricane Matthew

CADO Admin
/ Categories: Insurers, Catnip

Source: sun-sentinel.com

An Oct. 5 news release declared: “Citizens is ready for Hurricane Matthew, Are You?”

Months later, Citizens — with 225,000 policyholders in Broward, Palm Beach and Miami-Dade counties — revealed it was not ready to respond to a major storm in South Florida. Companies Citizens had hired to provide independent claims adjusters for post-storm damage assessments supplied far fewer adjusters than Citizens requested.

...
Contracts with the four companies responsible for the 2016 adjuster shortfall have been terminated, and Citizens on Tuesday is scheduled to seek approval from its Board of Governors for a plan to create a new pool of adjusters.
...

According to the state Department of Financial Services’ database, 11,948 independent adjusters are certified in Florida to work for insurance companies, down from 29,022 in 2011.

...
In the four weeks after Hurricane Wilma struck South Florida in October 2005, Citizens dispatched nearly 2,000 adjusters to respond to more than 123,000 claims. Still, hundreds of homeowners complained to the state about delays.

Last October, when Hurricane Matthew threatened to make landfall near West Palm Beach, Citizens estimated the storm would generate 75,000 claims. Citizens asked four claims adjuster management firms to deploy 624 adjusters, Adams told the Board of Governors last year.

The firms committed just 279 adjusters, forcing Citizens — which employs only 64 year-round, full-time adjusters — to revise its preparations and hope for the best.
...

Source of the above: http://www.sun-sentinel.com

Tags

Citizens

Comment

warning
You don't have permission to post comments.

Channels

In Your BusinessIn Your Business

In Your Business

News related to the Business end of Catastrophe claims handling.
KBKB

KB

Information and Resources on Claim Handling and Catastrophe work for adjusters and those looking to enter the claims handling industry.
LicensingLicensing

Licensing

Information and Resources related to Adjuster Licensing
Man Made CatastrophesMan Made Catastrophes

Man Made Catastrophes

NFIP SupportNFIP Support

NFIP Support

Information and Resources for insurance adjusters related to the handling of flood claims.
Policy SupportPolicy Support

Policy Support

Software CentralSoftware Central

Software Central

Adjusting Software information, reviews, discussions and links.
Storm PageStorm Page

Storm Page

The Storm Page, this is the CADO version of a weather page. On this page we provide information on current weather events, links to weather sites and weather related discussions. All adjusters are invited to share weather information by posting it in the forum or adding your favorite weather links to the Resource Directory. Also, if you have photos of weather related damage please share them by adding them to the Photo Gallery.