The Hurricane Helper


Citizens Updates Hurricane Ian Estimates

Citizens Press Release

Roy

November 15, 2022 - Tallahassee

Citizens Property Insurance Corporation has updated its Hurricane Ian estimates to reflect additional costs expected from litigation and other claims-related expenses.

Citizens estimates that direct losses and loss adjustment expenses will total $3.8 billion from the Category 4 storm that slammed into Southwest Florida on September 28, 2022. This represents a significant increase over the preliminary estimate of $2.3 billion to $2.6 billion, which was based strictly on the results of a single hurricane model.


NYC, Boston ban road travel as huge storm hits

Source: USA Today

Roy
A historic snowstorm blasted its way through the Northeast on Monday, bringing with it havoc, flight cancellations, school closings and worry that up to 3 feet of snow and hurricane-force winds might be on the horizon.

Both New York City and Boston took the rare step of banning all forms of travel due to the storm.

"It's dangerous out there now. It's only going to become more dangerous,'' New York Gov. Andrew Cuomo said Monday evening as he announced a total ban on travel on any road after 11 p.m. in 13 counties including the city, suburbs and Long Island.

Billion-Dollar Weather and Climate Disasters: Overview

Source: NOAA

Anonym

"In 2014, there were 8 weather and climate disaster events with losses exceeding $1 billion each across the United States. These events included a drought event, a flooding event, 5 severe storm events, and a winter storm event. Overall, these events resulted in the deaths of 53 people and had significant economic effects on the areas impacted. Further cost data and figures on individual events in 2014 will be announced in mid-2015." 

The above from the NOAA article .... read more


Spring Outlook: Historic, widespread flooding to continue through May

Source: NOAA

CADO Admin
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 exacerbating the flooding. Offices across the National Weather Service have been working with local communities, providing decision-support services and special briefings to emergency managers and other leaders in local, state and federal government to ensure the highest level of readiness before the flooding began."


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

Source: NOAA

CADO Admin

"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.


Special Adjuster Fee Schedule for Claims with a Date of Loss on or after August 24, 2017, through November 30, 2017

Source: Bulletin W-17045

CADO Admin

Hurricanes Harvey and Irma caused widespread flooding in Texas, Louisiana, the U.S. Virgin Islands, Puerto Rico, Florida, and the southeast United States. Due to the catastrophic impacts of these hurricanes and the increased demand for flood insurance adjusters, the Federal Emergency Management Agency (FEMA) is increasing the amount it will pay to adjust flood insurance claims.

The entire insurance industry is searching for qualified individuals to join the ranks of claims adjusters to handle losses from Harvey, Irma, and future events. FEMA recognizes the specialized knowledge required to properly adjust NFIP losses. Adjusters must know the differences between the Standard Flood Insurance Policy (SFIP) and private industry property insurance forms. They must know interpretations of coverage made by FEMA and the unique reporting requirements of the NFIP. Accordingly, FEMA maintains a list of adjusters authorized to handle NFIP losses.


«December 2022»
SunMonTueWedThuFriSat
27282930123
45678910
11121314151617
18192021222324
25262728293031
1234567

FAQ

Listed below are some links to other blog post and articles on other sites.

Dimechimes ClaimSmentor Adjuster Information Blog 
 Organization Chart for the Claims Handling Blame Game- A Humorous Graph -A Serious Look at Claim Bad Faith Issues
 On the page the above link takes you to you will find links to some of her other articles at the end of the above article.
  

WHAT MAKES A GREAT CAT ADJUSTER?
Article written by John Postava
On the Ryze Claim Solutions webite

You can find additional post from John and Dimechimes in the CADO forums, they have made many post over the years contributing to the community by sharing their knowledge and experiance.

KB Search

Roof ESX