For the past few years, weve noted some concerns relative to the self-proclaimed catastrophe sector of the insurance claim adjusting business. Sometimes this discussion was extracted from conversations with colleagues, and other times it was here, on this website. This article,…
Tag: colorado
The appraisal clause is designed to be a simple and low cost form of mediation in the event of a disagreement on the value of damages; generally limited to property claims. Much like mediation, there are few written rules governing…
In a brief review, we noticed that nearly all states have passed legislation that refer to Unfair Claims Practices. Essentially, most states have set forth some bare bone guidelines that force insurers to fairly investigate and pay claims for damages…