Insights & Industry Articles of Interest
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....
Public Adjusters Who Can Be Anywhere in Puerto Rico in 24 Hours
Puerto Rico is no stranger to disasters. In 2017, Hurricane Maria devastated the island. Aside from hurricanes, there are also floods, fires, and explosions that destroy homes and businesses. Your Insurance Company's Adjuster Don't believe that the adjuster who works...
Hurricane Michael was a Category 5 Hurricane: What does this mean for policyholders?
If you were affected by Hurricane Michael or other category 5 hurricane, you have been met with some of the most challenging times of your life. Not only do you have to deal with insurance, government bureaucracy and rising costs of restoration, but you are also now...
Puerto Rico may be too rich to recieve a loan
According to the U.S., Puerto Rico Is Too Rich to Receive a Loan Puerto Rico may be too rich to receive disaster relief help. It may sound like the beginning of a bad joke, but it’s the reality. According to the federal government, the hurricane devastated territory -...