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Headlines, News and Other Information
| Monday, August 23, 2010 |
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Xactware releases Xactimate Express
By host @ 6:52 PM :: 345 Views ::
1 Comments ::  :: In Your Business, Software
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From the site; Xactimate Express is an online application that provides your company’s call center agents and desk adjusters with all...
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| Saturday, July 31, 2010 |
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US Lawmakers Try to Work Out Wind, Flood Issues as Session Closes for Summer
By host @ 4:44 PM :: 184 Views ::
0 Comments :: :: NFIP, Home, Hurricanes
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 From InsuranceNewsNet.com, One U.S. senator thinks the solution for wind vs. flood disputes over storm damage should be -- in the case of a disagreement between insurers -- to initially split the coverage 50/50.
So, Sen. Roger Wicker, R-Miss., introduced a bill in the Senate that would do that, amending the National Flood Insurance Program to ensure that disputes don't leave the insured hanging.
However, as with a number of other bills dealing with bedrock homeowner coverage issues, it's unclear that the Senate will find time to act this year. This has been the final week of the House session before the August recess sends lawmakers back to their districts until mid-September; the Senate will work one more week.
The "Coordination of Wind and Flood Perils Act of 2010" would "remove the burden of determining flood and wind loss allocation for the purpose of insurance claims from the insured and to place such burden on the entities that are responsible for the payment of such claims," according to the bill. In the event of a dispute between the flood insurer and a wind insurer after an incident "arising from the combined perils of flood and wind," each would immediately pay half and move the conflict to a Federal Emergency Management Agency arbitration panel.
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| Friday, July 30, 2010 |
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Similarities between the 2005 and 2010 hurricane seasons
By host @ 9:08 AM :: 423 Views ::
0 Comments :: :: Hurricanes
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Not only did the 2005 hurricane season include the devastating Hurricane Katrina, but it was the heaviest year on record for tropical s...
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| Tuesday, July 27, 2010 |
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Dry air in the tropical Atlantic may limit development of Canes in the near term
By host @ 2:25 PM :: 247 Views ::
0 Comments :: :: Hurricanes
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“While all of the primary drivers are strongly enabling for tropical activity, we have had a slow start relative to other very active seasons,” said Todd Crawford, WSI’s chief meteorologist, in a statement. “A pocket of very dry air in the tropical Atlantic will likely limit development in the near term.” "The water vapor image shows an unusual amount of relatively dry air for this time of year in the Atlantic basin. The tropical wave approaching Trinidad and Tobago is basically surrounded by the dry air and the slightly more organized wave west of the Cape Verde Islands is moving into a drier environment, as well. The large area of dry air should inhibit tropical development over a large portion of the basin for the next few days, at least." |
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| Wednesday, July 07, 2010 |
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KMC On Demand(SM) to Launch Pilot Program for Property Technical Certification
By host @ 4:26 PM :: 471 Views ::
0 Comments ::  :: Certification, In Your Business
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ATLANTA, July 7 /PRNewswire-FirstCall/ -- KMC On Demand, a leading online provider of continuing education (CE) credits for insurance claims adjusters, and a key insurance industry advisory committee are launching the pilot of a Property Technical Certification (PTC) program designed to fill a gap in validation of expertise among property claims adjusters. "The PTC program provides a performance standard for the development of property technical claims adjusters," said Colm Keenan, vice president of knowledge management for KMC On Demand. "The auto claims industry has been standardized for a number of years, and this program will bring the property claims industry up to speed. It's about knowing that the adjuster who is walking onto the scene of a property loss or catastrophic situation has the knowledge to estimate damages as accurately as possible. PTC provides a standard measure that will be recognized by insureds, employers and the industry." Source: PR Newswire
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| Thursday, June 24, 2010 |
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Update on Tropical Threat to Gulf Oil Spill Next Week
By host @ 10:41 PM :: 154 Views ::
0 Comments :: :: Hurricanes
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AccuWeather.com meteorologists are still monitoring the potential for a tropical system to enter the Gulf of Mexico late this weekend or early next week and potentially affect the oil spill area thereafter.Since the system has not yet formed, there is still quite a bit of uncertainty in its potential strength and track. The feature of interest is a broad area of showers and thunderstorms currently located near Jamaica.This area of showers and thunderstorms was still disorganized Thursday morning with no sign of a well-defined low-level circulation, which is needed for development.
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| Thursday, May 27, 2010 |
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NOAA: 2010 Atlantic Hurricane Season Outlook
By host @ 11:19 PM :: 331 Views ::
0 Comments ::  :: Home, Hurricanes
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This outlook reflects an expected set of conditions that is very conducive to increased Atlantic hurricane activity. This expectation is based on the prediction of three climate factors, all of which are conducive historically to increased tropical cyclone activity. These climate factors are:1) the tropical multi-decadal signal, which has contributed to the high-activity era in the Atlantic basin that began in 1995,2) exceptionally warm sea surface temperatures in the tropical Atlantic Ocean and Caribbean Sea (called the Main Development Region), and 3) either ENSO-neutral or La Niña conditions in the tropical Pacific, with La Niña becoming increasingly likely. In addition, dynamical models forecasts of the number and strength of tropical cyclones also predict a very active season.
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| Tuesday, May 25, 2010 |
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NOAA Expects Below Normal Central Pacific Hurricane Season
By host @ 8:25 AM :: 117 Views ::
0 Comments :: :: Hurricanes
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The seasonal hurricane outlook is produced in collaboration with NOAA’s Climate Prediction Center. For 2010, the outlook calls for a 70% chance of a below normal season, a 25% chance of a near normal season, and only a 5% chance of an above normal season.
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| Wednesday, May 12, 2010 |
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Oklahoma insurance commissioner declares emergency to speed claims after tornadoes
By host @ 1:04 AM :: 774 Views ::
0 Comments :: :: DOI, Licensing, Catnip
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Oklahoma Insurance Commissioner Kim Holland issued an emergency order on Tuesday aimed at speeding up insurance claims in the state in the wake o...
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| Wednesday, May 12, 2010 |
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2010 Atlantic hurricane season could rank in the top ten
By host @ 12:17 AM :: 1002 Views ::
0 Comments ::  :: Hurricanes
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The upcoming hurricane season could be a top ten active year, a stark contrast from the relatively calm 2009 season.AccuWeather.com Chief Hurricane Me...
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