Insights & Industry Articles of Interest
NAPIA Requests Extensions on Insurance Claims Deadlines from Insurance Commissioners
The President of NAPIA asks state insurance commissioners to extend deadlines for insurance claims. Jeff O'Connor, NAPIA President, stated: "In these uncertain times, public insurance adjusters are stepping up to protect insureds." In O'Connor's letter to state...
Is your business covered for Pandemics like COVID-19?
Is your business covered for Pandemics like COVID-19? To make a very long answer short…probably not. Imagine this. You are the owner of a 4 story office building and someone in your building becomes infected with a virus, disease, or there is some other contamination....
Will your commercial property policy cover losses from COVID-19?
A commercial property policy can vary a great deal, but the standard, the unendorsed policy would probably not cover losses resulting from a disease, like the COVID-19, outbreak. However, there are additional coverages contained in a standard, unendorsed policy, which...
Resources for those Affected by the Nashville Tornado
Recently, a tornado caused significant damage throughout the Nashville area. The thoughts and prayers of Brandon Lewis and our team at Strategic Claim Consultants are with the families and businesses that are affected by this. We are currently working with...
The Insurance Claim Aftereffect for Nashville Tornado Victims
Recently in our office, we were discussing the damage that has recently taken place in Nashville and the families that are affected. The Nashville tornado was one of the most devastating weather events for the families in the path of the storm. The storm landed...
Nashville Tornado Update
Nashville. A thriving city in Tennessee that has been affected by tornadoes on Tuesday morning. Currently, there have been 24 reported deaths, and it is anticipated that this number may rise. The tornado, which struck near downtown Nashville, produced flashes of light...
Families are left homeless months after the Puerto Rico Earthquake
The Puerto Rico earthquake that hit nearly two months ago has left many families homeless. Many residents are living in shelters, cars, and tents without a sign of restoration to their homes. This earthquake has left many Puerto Ricans rattled and...
Unfair Insurance Claim Practices: “Final Payment” Checks Sent to Property Insurance Policyholders in Puerto Rico
Puerto Rico homeowners are still waiting for their insurance companies to pay for the damages caused by Hurricane Maria. The storm has generated over $1 billion in damages to Puerto Rico homeowners. Both homeowners and cities are getting pennies on the dollar....
Florida CFO Demands Faster Response From Insurance Companies After Hurricanes
It has been over a year since Hurricane Michael changed the lives of many Floridians that reside in the panhandle of the sunshine state. Many residents are still waiting for relief and normalcy, but the insurance companies are at fault for not making this...
Puerto Rico Appraisal Procedures for Commercial Insurance Claims
On June 12, 2018, the Office of the Commissioner of Insurance of Puerto Rico (OCI) issued Ruling Letter No. CN-2018-241-D, Appraisal Procedures for Insurance Claims for Commercial Property Related to Catastrophic Events. The ruling letter states: The OCI hereby...
Dallas Tornado Update: 3 months later and people are battling their insurance company
It has been several months since the string of Dallas Tornadoes destroyed many North Dallas homes and businesses. For many, the efforts to recover what was lost is being delayed. Many home and business owners are now battling with their insurance companies. Royal...
Puerto Rico Earthquake Update: Citizens demand the resignation of the governor after supplies were found in a warehouse from Hurricane Maria.
We have been on the ground helping residents and companies maximize their claims payout per their policy. Most Puerto Ricans were infuriated by insurance companies and government officials in how they handled claims and disaster recovery from Hurricane Maria....