2021 NFIP Claims Webinar: Registration Now Open!
2021 NFIP Claims Webinar: Registration Now Open!

2021 NFIP Claims Webinar: Registration Now Open!

The Federal Emergency Management Agency (FEMA) continues to monitor the guidance of the Centers for Disease Control and Prevention (CDC) as it relates to COVID-19. To mitigate the spread of COVID-19, the CDC is encouraging organizations to promote social distancing, hold meetings via videoconferencing, reduce non-essential travel, and adjust or postpone events and gatherings.

In light of this situation, all 2021 NFIP Adjuster Claims Presentations will be held via webinar.

Commissioner Lara urges insurance companies to cover wildfire property losses without requiring a home inventory
Commissioner Lara urges insurance companies to cover wildfire property losses without requiring a home inventory

Commissioner Lara urges insurance companies to cover wildfire property losses without requiring a home inventory

From the Press Release.
SACRAMENTO, Calif.
 — In response to California’s latest destructive fires, Insurance Commissioner Ricardo Lara is requesting that insurance companies help wildfire survivors who are overwhelmed with the task of navigating the claims process by providing up to 100 percent of personal property coverage limits without a detailed inventory to those who suffered a total loss of their home, similar to previous identical requests in past years.

Wildfires – Western US
Wildfires – Western US

Wildfires – Western US

The information below is from the FEMA Daily Ops Briefing issued 10/06 @ 8:30 am

Situation: : Of the over 7 million acres burned, the National Watch Center continues to track 11 active fires that have burned nearly 2 million acres from the West Coast to the Rocky Mountains. Mandatory evacuations continue throughout the impacted regions. No reported unmet needs.

M 5.1 - 4 km SE of Sparta, North Carolina

M 5.1 - 4 km SE of Sparta, North Carolina

Yellow alert for economic losses. Some damage is possible and the impact should be relatively localized. Estimated economic losses are less than 1% of GDP of the United States. Past events with this alert level have required a local or regional level response.

NOAA updated 2020 Atlantic Hurricane Season Outlook
NOAA updated 2020 Atlantic Hurricane Season Outlook

NOAA updated 2020 Atlantic Hurricane Season Outlook

August 6, 2020 - Atmospheric and oceanic conditions are primed to fuel storm development in the Atlantic, leading to what could be an “extremely active” season, according to forecasters with NOAA’s Climate Prediction Center, a division of the National Weather Service. Today, the agency released its annual August update to the Atlantic Hurricane Season Outlook, initially issued in May.

M 7.8 - 105 km SSE of Perryville, Alaska

M 7.8 - 105 km SSE of Perryville, Alaska

PAGER - GREEN ShakeMap - VII DYFI? - VIII Time2020-07-22 06:12:44 UTC2020-07-22 06:12:44 UTC at epicenterLocation55.030°N 158.522°WDepth28.00 km (17.40 mi)
Busy Atlantic hurricane season predicted for 2020
Busy Atlantic hurricane season predicted for 2020

Busy Atlantic hurricane season predicted for 2020

From the NOAA Forecast;

"May 21, 2020An above-normal 2020 Atlantic hurricane season is expected, according to forecasters with NOAA’s Climate Prediction Center, a division of the National Weather Service. The outlook predicts a 60% chance of an above-normal season, a 30% chance of a near-normal season and only a 10% chance of a below-normal season. The Atlantic hurricane season runs from June 1 through November 30.

 

EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2020
EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2020

EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2020

We anticipate that the 2020 Atlantic basin hurricane season will have above-normal activity. Current warm neutral ENSO conditions appear likely to transition to cool neutral ENSO or potentially even weak La Niña conditions by this summer/fall. Sea surface temperatures averaged across the tropical Atlantic are somewhat above normal. Our Atlantic Multi-decadal Oscillation index is below its long-term average; however, most of the tropical Atlantic is warmer than normal. We anticipate an above-average probability for major hurricanes making landfall along the continental United States coastline and in the Caribbean. As is the case with all hurricane seasons, coastal residents are reminded that it only takes one...
Texas Department of Insurance Commissioner’s Bulletin # B-0008-20

Texas Department of Insurance Commissioner’s Bulletin # B-0008-20

The below is from the bulletin.

March 24, 2020

To:   All TDI-regulated carriers, agents, adjusters, and licensees

Re:   COVID-19: Suspension of certain licensing requirements and fees

On March 13, 2020, Governor Greg Abbott issued a disaster declaration in response to the COVID-19 pandemic. The Governor authorized the use of all available state and local government resources necessary to cope with the disaster.

TDI expects carriers to work with their policyholders as they prepare for and respond to the spread of COVID-19. Carriers should look to the Governor’s ongoing declarations related to COVID-19 for guidance on how long to extend relief.

M 5.2 - 15km W of Petrolia, CA

M 5.2 - 15km W of Petrolia, CA

PAGER - GREEN ShakeMap - VI DYFI? - VI Time2020-03-18 22:08:20 UTC2020-03-18 14:08:20 -08:00 at epicenterLocation40.348°N 124.456°WDepth28.61 km (17.78 mi)
M 5.7 - 6km NNE of Magna, Utah

M 5.7 - 6km NNE of Magna, Utah

PAGER - YELLOW ShakeMap - VIII DYFI? - VITime2020-03-18 13:09:31 UTC2020-03-18 06:09:31 -07:00 at epicenterLocation40.751°N 112.078°WDepth11.70 km (7.27 mi)
NOAA 2019 Atlantic Hurricane Season Outlook
NOAA 2019 Atlantic Hurricane Season Outlook

NOAA 2019 Atlantic Hurricane Season Outlook

2019 Atlantic Hurricane Season Outlook: Summary

a. Predicted Activity

NOAA's outlook for the 2019 Atlantic Hurricane Season indicates that a near-normal season has the highest chance of occurring (40%), followed by equal chances (30%) of an above-normal season and a below-normal season. See NOAA definitions of above-, near-, and below-normal seasons. The Atlantic hurricane region includes the North Atlantic Ocean, Caribbean Sea, and Gulf of Mexico
U.S. hit with two billion-dollar disasters so far in 2019
U.S. hit with two billion-dollar disasters so far in 2019

U.S. hit with two billion-dollar disasters so far in 2019

"The so-called bomb cyclone that brought heavy snow, blizzard conditions and major flooding to the Midwest in March landed with a resounding meteorological “ka-boom!” and became one of two billion-dollar weather and climate disasters this year.

The other was a severe storm that struck the Northeast, Southeast and Ohio Valley in late February."

The above is from the NOAA article, follow the Read More link for the article.

EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2019
EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2019

EXTENDED RANGE FORECAST OF ATLANTIC SEASONAL HURRICANE ACTIVITY AND LANDFALL STRIKE PROBABILITY FOR 2019

"We anticipate that the 2019 Atlantic basin hurricane season will have slightly below normal activity. The current weak El Niño event appears likely to persist and perhaps even strengthen this summer/fall. Sea surface temperatures averaged across the tropical Atlantic are slightly below normal, and the far North Atlantic is anomalously cool. Our Atlantic Multi-decadal Oscillation index is below its long-term average. We anticipate a slightly below-average probability for major hurricanes making landfall along the continental United States coastline and in the Caribbean. As is the case with all hurricane seasons, coastal residents are reminded that it only takes one hurricane making landfall to make it an active season for them....
AccuWeather's 2019 Atlantic hurricane season forecast
AccuWeather's 2019 Atlantic hurricane season forecast

AccuWeather's 2019 Atlantic hurricane season forecast

...

"After an active Atlantic hurricane season in 2018, AccuWeather forecasters are predicting 2019 to result in a near- to slightly above-normal season with 12 to 14 storms.

Of those storms, five to seven are forecast to become hurricanes and two to four are forecast to become major hurricanes."

...

Photo from the CADO Gallery

Spring Outlook: Historic, widespread flooding to continue through May
Spring Outlook: Historic, widespread flooding to continue through May

Spring Outlook: Historic, widespread flooding to continue through May

From the NOAA Report; "Nearly two-thirds of the Lower 48 states face an elevated risk for flooding through May, with the potential for major or moderate flooding in 25 states, according to NOAA’s U.S. Spring Outlook issued today. The majority of the country is favored to experience above-average precipitation this spring, increasing the flood risk. Portions of the United States – especially in the upper Mississippi and Missouri River basins including Nebraska, Minnesota and Iowa – have already experienced record flooding this year. This early flooding was caused by rapid snow melt combined with heavy spring rain and late season snowfall in areas where soil moisture is high. In some areas, ice jams are...
The advantage of recruiting non-insurance workers as claims professionals

The advantage of recruiting non-insurance workers as claims professionals

For independent adjusters, the need to replace retiring workers is becoming more urgent.
 

“A number of our front-line adjusters are very senior, very talented and experienced,” said Paul Féron senior vice president for Ontario and Manitoba at ClaimsPro LP. “In the next 5 to 10 years, a significant number of them will be retiring and deserve to retire. We need to be implementing proper succession planning and mentoring programs.”

Source of the above excerpt: canadianunderwriter.ca

NCJUA/NCIUA Approved Catastrophe Adjusters
NCJUA/NCIUA Approved Catastrophe Adjusters

NCJUA/NCIUA Approved Catastrophe Adjusters

The North Carolina Joint Underwriting Association (NCJUA), also known as the FAIR (Fair Access to Insurance Requirements) Plan, is a tax exempt association of insurance companies licensed to write and engage in writing property insurance coverage in North Carolina. The Association was created by law to act as a market of last resort to provide adequate basic property insurance to property owners having insurable property in North Carolina. The above is a quote from their site. 
Simsol’s Latest Build Release with the New NFIP Forms is Now Available

Simsol’s Latest Build Release with the New NFIP Forms is Now Available

Build Release 8.1.13 is now available for Simsol’s Property Estimating Software. The most significant improvements are the multi-page functionality and the new NFIP Forms for the Preliminary and Final Reports. The National Flood Insurance Program’s updated flood claim forms for adjusters were updated to improve readability to make it easier for policyholders to understand.

Source: Simsol website

Beazley takes $40m hit from worst wildfires in California history

Beazley takes $40m hit from worst wildfires in California history

The payouts from reinsurance hit the company’s bottom line after fires damaged several settlements and killed dozens in the US’s most populous state. It also faces challenges from difficult markets. “ ...
2018 Atlantic Hurricane Season

2018 Atlantic Hurricane Season

The 2018 Atlantic hurricane season was the third in a consecutive series of above-average and damaging Atlantic hurricane seasons, featuring 15 named storms, 8 hurricanes and 2 major hurricanes and a total of $33.3 billion (2018 USD) in damages. The season officially began on June 1, 2018, and ended on November 30, 2018. 

'Hailnado' insurance claims hit $30 million for one company

'Hailnado' insurance claims hit $30 million for one company

TENS of millions of dollars in claims have been lodged with just one of multiple insurance companies as a result of the supercell that ripped through the Gympie region in October. The hail-loaded stor...
Businesses Win Only 32% of Disputed Insurance Claims Cases

Businesses Win Only 32% of Disputed Insurance Claims Cases

New research reveals that companies who take their insurers to court over non-payment of an insurance claim only win in around one in three cases. The findings are from Mactavish, the UK’s leading exp...
New platform makes insurance claims easier

New platform makes insurance claims easier

The platform is designed to expedite insurance claim approvals, cuts costs and eliminate duplicated claims to different insurers. Noting that patient data is encrypted and protected by the platform, M...
California Insurance Commissioner issues emergency declaration to help fire survivors across the state

California Insurance Commissioner issues emergency declaration to help fire survivors across the state

Insurance Commissioner issues emergency declaration to help fire survivors across the state

SACRAMENTO, Calif. — In the wake of the deadliest and most destructive wildfire in California’s history, Insurance Commissioner Dave Jones today declared an emergency situation, which allows insurance companies to use out-of-state adjusters to help handle the large volume of claims resulting from the Camp and Woolsey Fires.

Ethiopia: Global Insurance Improves Profit, Reduces Claims

Ethiopia: Global Insurance Improves Profit, Reduces Claims

Claims reported by the company dropped by 23.4pc to 38.7 ... The insurance industry in Ethiopia incorporates 17 insurance companies and has 524 branches operating with 4.8 billion Br in total capital. ...
Florida Hurricane Michael Claims Data

Florida Hurricane Michael Claims Data

The Florida Office of Insurance Regulation is reporting a total of 78,688 claims as of October 18, 2018 with Total Estimated Insured Losses at $835,868,692.  See the report for additional details.
State Farm® to Conduct Drone Damage Assessment Flights Following Hurricane Michael

State Farm® to Conduct Drone Damage Assessment Flights Following Hurricane Michael

It was less than one month ago when Hurricane Florence struck North and South Carolina. State Farm was the first and only insurance company to receive an FAA waiver allowing Claims pilots to operate drones beyond visual line of sight and over people for damage assessment. Drone flights were coordinated with the FAA and Mid-Atlantic Aviation Partnership (MAAP) at Virginia Tech as part of the Integration Pilot Program for large-scale damage assessment in Virginia and South Carolina.

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2021 NFIP Adjuster Claims Presentation Webinar - Tue Jan 19

2021 NFIP Adjuster Claims Presentation Webinar - Tue Jan 19

Webinar Opens:  8:30 AM Central Time
Start Time:  9:00 AM Central Time
Lunch Break:  30 Minutes
End Time:  3:30 PM Central Time

Flood adjusters seeking to maintain or obtain a Flood Control Number (FCN) must attend an NFIP Adjuster Claims Presentation each calendar year. 

Please register for one presentation only.*

Read more
2021
2021 NFIP Adjuster Claims Presentation Webinar - Thu Jan 21

2021 NFIP Adjuster Claims Presentation Webinar - Thu Jan 21

Webinar Opens:  8:30 AM Central Time
Start Time:  9:00 AM Central Time
Lunch Break:  30 Minutes
End Time:  3:30 PM Central Time

Flood adjusters seeking to maintain or obtain a Flood Control Number (FCN) must attend an NFIP Adjuster Claims Presentation each calendar year.

Please register for one presentation only.*

Read more
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2021 NFIP Adjuster Claims Presentation Webinar - Tue Jan 26

2021 NFIP Adjuster Claims Presentation Webinar - Tue Jan 26

Webinar Opens:  8:30 AM Central Time
Start Time:  9:00 AM Central Time
Lunch Break:  30 Minutes
End Time:  3:30 PM Central Time

Flood adjusters seeking to maintain or obtain a Flood Control Number (FCN) must attend an NFIP Adjuster Claims Presentation each calendar year. 

Please register for one presentation only.*

Read more
2728
2021 NFIP Adjuster Claims Presentation Webinar - Thu Jan 28

2021 NFIP Adjuster Claims Presentation Webinar - Thu Jan 28

Webinar Opens:  8:30 AM Central Time
Start Time:  9:00 AM Central Time
Lunch Break:  30 Minutes
End Time:  3:30 PM Central Time

 

Please register for one presentation only.*

Read more
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Wind 2021- Virtual Sessions

The Educational and Networking Conference for Property Insurance Claims Professionals

The annual Windstorm Insurance Conference (WIND) is a three-day conference for the property insurance claims industry. Our mission is to provide professional development, training, certifications, and networking opportunities to bring together defense and policyholder representatives to better connect, learn, and engage for the betterment of our industry and consumers.

(the above is from their website)

Read more
23

Wind 2021- Virtual Sessions

The Educational and Networking Conference for Property Insurance Claims Professionals

The annual Windstorm Insurance Conference (WIND) is a three-day conference for the property insurance claims industry. Our mission is to provide professional development, training, certifications, and networking opportunities to bring together defense and policyholder representatives to better connect, learn, and engage for the betterment of our industry and consumers.

(the above is from their website)

Read more
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