Hurricane Hugo- South Carolina 1989. Tree debris removable should have a limit of HO-3's 1990 a limit of $500.00 was in new policy.
Orlando Hail storm 1991. Marble size hail will-will not total out comp. roofs from granule loss ?
El Paso, TX hail storm 1991. Carriers can not lay a comp roof over a comp. roof. An old wood shingle (deck) has to be redecked (Tx. lawsuits)
Dade Cty Florida- Andrew 1992. Ins. commish all losses must be inspected by end of October 1992(drive by inspections)
1994 Northridge earthquake. (no one had experience)
1995 Water seepage taken out of the HO-3
1999 to 2003 Mold gold hits gulf coast of TX. billions paid out on plaintiff attorneys and water sucker hype.
2003 hurricane on East Coast. Price fixing on low ball flood estimating programs in Maryland.
2004 Four in 04 need warm bodies. Adjuster schools pop up, 3 day license classes.
2005 Katrina- Slabs in Ms. coast were all wave wash, no wind damage. It,s get rich time for bar tenders, and casino dealers.
2006 Rita.. come over to TX. get rich quick. nothing to it. TV lawyers crank up
2007 We all stave out.
2008. we all starve until September 13, Ike, need warm bodies to go into the most claims astute claimants in the USA. Many settled by following the strict guidelines on unit prices, lifted shingle rule, not explaining ACV on fences, get in get out. Average wind claim between 3 k to 10k. Over 10,000 law suits filed in three counties. Not ONE has gone to trial, but thousands have gone to mediation and settled for over $100,000 and lawyers on BOTH sides made a fortune, because the TX, courts would not enforce "appraisal before suit" , (after the fact). The insurance companies do not believe in justice, right or wrong, or the jury system, just settle and raise the cost of insurance.
** Please add your own, send me a private msg. if you don,t want to use your name. Don,t tell me your name and I will not track you down.