“It takes a village to raise a child” is where the concept is given in this Proverb that many people support, give knowledge, and care into a child as they are raised. I have often found this proverb to guide the way complex claims are handled. With a village of experts, adjusters, specialists, and managers.
The demand letter alleging bad faith arrives. Your blood pressure goes up – either you are sick of seeing lawyers toss the claim into every claim or you worry you may have made a mistake on a legal or factual point. How do you lower your blood pressure? Each moment of each day, on each file and the many micro-decisions you make – simply to pursue a Just Result. And what do you get – just results – and good results for you and your insureds.
After paying out a claim, insurers often pursue a subrogation recovery from a responsible third party. In evaluating the potential for recovery, subrogation specialists consider many issues including proof of liability, applicable contract provisions, statutory limitations, and the cost of pursing a recovery. Well informed insurers also work with their subrogation specialist to ask the question: Who is entitled to the recovery if we collect? In other words, who has priority over the funds recovered?
Hail is a natural phenomenon experienced in most parts of the world at some point in time. Hail is formed in strong thunderstorm clouds when an intense updraft combines with a high liquid water content. Hailstones can increase in size as more water freezes onto their surface. Hail varies in weight as well as size-from … Read more
Engineering Report Provenance Imagine if you will…you, the insurance or legal professional, need the expertise of a licensed professional engineer (PE) to help you with your claim or suit. You call one of the many national forensic engineering companies available to you. The field PE assigned the project completes the onsite inspection. You eventually receive … Read more