NFIP Dwelling Form

CADO Admin 0

Subject: Policy: NFIP Dwelling Form
Description: Quote from FEMA;

The Dwelling Policy Form may be issued to homeowners, residential renters and condominium unit-owners, owners of residential buildings containing two to four units.

In communities participating in the NFIP Regular Program* or Emergency Program** the dwelling policy provides building and/or contents coverage for:

  • Detached, single-family, non-condominium residence with incidental occupancy limited to less than 50% of the total floor area;
  • Two- to four- family, non-condominium building with incidental occupancy limited to less than 25% of the total floor area;
  • Dwelling unit in residential condominium building;
  • Residential townhouse/rowhouse
  • Manufactured mobile homes

NFIP General Property Form

CADO Admin 0

Subject: Policy: General Property Form
Description: The General Property Policy Form may be issued to owners or lessees of non-residential buildings or units, or residential condominium buildings that are uninsurable under the RCBAP.

Hurricane and Windstorm Deductibles

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The source of the information below is the Insurance Information Institute, iii.org

Nineteen states and the District of Columbia have hurricane deductibles: Alabama, Connecticut, Delaware, Florida, Georgia, Hawaii, Louisiana, Maine, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Texas, Virginia and Washington DC. Listed below are reports for these states detailing hurricane deductibles.

 

House Fire--A simulated claim for discussion

Source: Forum Post Started by Racko on 9/19/2006

CADO Admin 0

 To kill some time in this lull period & spread some knowledge, here is the scenario (or scenarios) as you see fit to make it. I will lay out the limited info as follows, and let's see where it goes.

Heavy fire loss occurs in a single family dwelling. Cov is HO-3, no issues with eff dates. Insureds have just left home about 6:00 p.m., a couple hours before fire breaks out and is discovered. High winds fan the flames and each house on either side sustain heat/smoke damage before the fire is brought under control. Let's say both neighboring houses now have some melted vinyl siding, one sided 2 years ago and the other 12 years ago. The elderly neighbor next door initially beat on the insured's door trying to see if they were OK, and burned his hand. He then rushed home to get his wheelchair bound wife out of their house, but she spends a week in the hospital with smoke inhalation related complications.

The insureds are a young couple, both smokers, with a 6 year old son. They just moved in about 2 years ago, only work in the house since they came was replacing the kitchen flooring, and adding a center island with a new cooktop on it. These were professionally installed within the past 6 months.

Citizens Property Insurance

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"Citizens Property Insurance Corporation was created by the Florida Legislature in August 2002 as a not-for-profit, tax-exempt, government entity. Its mission is to provide insurance protection to Florida policyholders who are entitled to but are unable to find property insurance coverage in the private market.

Independent Adjusters

The Independent adjusting firms listed below supply individual adjusters to Citizens when they are needed. If you are interested in working with Citizens as an independent adjuster, contact any of these firms to see whether they currently are hiring new adjusters."

The above is from their site, the  Read More link will take you to the page listing the adjusting firms as stated above

 

CEA Homeowners Policy

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Info from the CEA website

With a CEA homeowners earthquake insurance policy, you can choose the coverages and deductibles you need. We offer two policies for homeowners:

 

  1. Homeowne​rs Choice offers coverage for your house, building code upgrades and emergency repairs. We also offer optional personal property coverage for your belongings, and loss of use, which can pay for additional living expenses if you have to live elsewhere due to earthquake damage. Homeowners Choice is flexible—you choose the coverages and options you need.
  2. Standard Homeowners bundles all of the coverages we offer into one package: home, personal property, building code upgrades, the additional costs to live elsewhere due to earthquake damage (Loss of Use), and emergency repairs.
     

 

Identification of Water Damages in Adjusting Hurricane Claims for Water Losses Other Than Flood

Source: North Carolina Department of Insurance

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....

In adjusting hurricane damage claims for homes within the 1968-1997 applicable residential code period, it is important that the inside of the walls be checked more carefully than
newer construction to ensure that moisture hasn’t seeped into the walls that will eventually result in mold and interior wall rot. If adjusters do not look for moisture build-up trapped inside the wall, then this damage could be missed, causing mold and rot to proliferate and resulting in bigger problems for homeowners in the future.

...

New Guidelines for NFIP Adjusters

FEMA Bulletin w-16005 – Authorized NFIP Adjusters and 2016 NFIP Claim Presentations

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A note about the use of the term “Authorized NFIP Adjuster” rather than “Certified NFIP Adjuster”: It is FEMA’s position that certification requires a more formal course of study and the successful passing of a series of examinations before certification is awarded, such is the case with Certified Public Accounts. Also, the FCN will now be referred to as the Flood Control Number.

B-0033-15

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ALIGNMENT OF LICENSE EXPIRATION DATES

"The Texas Department of Insurance is implementing the provisions of SB 876, 84th Legislature, Regular Session (2015) that concern the alignment of license expiration dates.  TDI will align individual licenses on January 14, 2016; entity licenses have already been aligned.  During the alignment, licensees may renew through Texas Online; however, Texas licensing services from Compliance Express and NIPR will be temporarily unavailable."

The Texas Department of Insurance is implementing the provisions of SB 876, 84th Legislature, Regular Session (2015) that concern the alignment of license expiration dates.  TDI will align individual licenses on January 14, 2016; entity licenses have already been aligned.  During the alignment, licensees may renew through Texas Online; however, Texas licensing services from Compliance Express and NIPR will be temporarily unavailable.

Unlicensed Adjuster Information for Insurers

Wind and Thunderstorm Event – July 12-14, 2015

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Unlicensed Adjuster Information for Insurers
Wind and Thunderstorm Event – July 12-14, 2015
(Flooding, Hail, Tornadoes, Wind)
States: Illinois, Indiana, Kentucky, Minnesota, Ohio, Wisconsin and Possibly Other Areas
Catastrophe Serial No. 88


Companies sending unlicensed adjusters to Kentucky to assist with the claims from the wind and thunderstorm event July 12-14, must complete Form 8307 to register the unlicensed emergency adjusters with the Department of Insurance. The form must be completed and submitted by the insurer, not the individual adjuster or other entity. Form 8307 is submitted electronically through the insurer’s eServices account on our website at http://insurance.ky.gov. Click on the word eServices in the upper right corner to login. Insurers who do not have an eServices account should contact the Department’s Information Systems Help Desk at DOI.ISHelpDesk@ky.gov for assistance.

Source: 

Insurance Adjuster Act

California Senate Bill 240

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SB 240, as amended, Dodd. Insurance Adjuster Act.

Existing law creates the Department of Insurance, headed by the Insurance Commissioner, and prescribes the department’s powers and duties. Existing law, the Insurance Adjuster Act, sets forth various requirements with respect to operation as an insurance adjuster in this state and prohibits a person from engaging in a business regulated by the act, or acting or assuming to act as, or representing themselves to be, an insurance adjuster unless the person is licensed under the act. Existing law also prohibits a person from falsely representing that the person is employed by a licensee. Existing law exempts a person from the requirements of the Insurance Adjuster Act if the person is employed exclusively and regularly by one employer, as specified, with which the person has an employer-employee relationship. If the commissioner declares an emergency situation, existing law authorizes a nonlicensed insurance adjuster to adjust claims if certain requirements are met, including that the nonlicensed insurance adjuster registers with the commissioner via a written letter naming the nonlicensed adjuster, identifying adjuster licenses held in other jurisdictions, and stating when the claims adjusting activity began in the emergency situation. Existing law requires an insurer to provide an insured with a written status report if the insurer assigns a 3rd or subsequent adjuster to be primarily responsible for a claim within a 6-month period.

Lighthouse Claims Service - Career Page

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About Lighthouse Claims Service

"Lighthouse Claims Service is a full-service adjusting firm, fine-tuned to the needs of the individual client. Whether your company needs full Xactanalysis assignment capability or just a short form appraisal in any format, we customize our product to meet your needs. We specialize in property claims, either first or third party, personal lines or commercial lines. Our management team has over 40 years experience in the claims business."

The above is from their site.

Apple Adjusters, Inc. Employment Page

CADO Admin 0
Subject: Apple Adjusters, Inc. Employment Page
Description

Information on employment with Apple Adjusters, Inc. This page also includes a form that allows you to provide your resume.


URL: http://www.appleadjusters.com/employment.html

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