Paul Davis, IAIP Platinum Corporate Partner Do you know that water losses could turn into mold claims? Are you well equipped to deal with the complexities of water loss and efficiently help your customers? Paul Davis is your most suitable partner when one of your insureds experiences water damage from floods, leaks, or plumbing failures.
Industry Trends
By Sharon Barger, CPIW PIAM Florida property insurance is currently in crises, starting with several carriers going under due to financial issues. These financial issues were mainly caused by roof claims. Roofers were going into neighborhoods door to door and asking to look at the roof. They would tell the homeowner there was damage to
Aloha IAIP members, Thank you all for reaching out with your love and concern for our island home. Maui is a very special place for many of us, and our VP/President-Elect Tracy Adams calls Maui home. Tracy is asking for financial donations to help fund the future for families and businesses affected by the loss.
By Katharine M. Nohr, J.D. Lee Cataluna, a beloved Hawaii playwright and journalist wrote, “the people I want to write for won’t read this. They’re busy grieving. They’re busy trying to figure out how to make sense of what happened, to think about what happens next, to remember how to take the next breath—all those
reprinted with permission from the National Oceanic and Atmospheric Administration (NOAA) The Department of State alerts U.S. citizens to the Hurricane Season which lasts through November 2023. Hurricane Season in the Atlantic begins June 1 and runs through November 30. The National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center expects the 2023 season to be near-normal or average. NOAA
By Cindy Reeves The hours and days after an accident can be incredibly overwhelming for a vehicle owner. If a customer is in need of a replacement vehicle during repairs, they can now expect their length of rental to be above 15 days, according to Enterprise’s recent Length of Rental data. Contributing factors to this
by Nick Beltramo, SalesScreenInsurance companies have a problem: with most of their sales force employed on a 1099 basis, turnover has been averaging between 80-90% annually. So how can insurance agencies deal with this massive issue? The insurance category has a massive problem: Turnover. With huge quantities of 1099s and very few employees on a
Brenda McDermott, CPCU, SCLA, CIIP, SCLA, ARM, AIDA Inflation, supply chain issues, increased catastrophic losses from climate change, and higher and higher nuclear verdicts mean that insurance carriers are facing higher loss costs and loss ratios to their premium dollar. When that happens insurance carriers must look at opportunities to reduce the costs and expenses
By Brenda McDermott, CPCU, SCLA, CIIP, SCLA, ARM, AIDA Avoiding Bad Faith Judgements and Nuclear Verdicts: Lesson 1: In the Rainmaker the evil insurance company, Great Benefit denies a bone marrow transplant to the dying son of a policyholder. They denied coverage seven times for seven reasons. The first reason being that leukemia is a
Reblogged with permission from Pathway, IAIP’s sponsor spotlight for April So, your dutifully nurtured lead has said “yes” to your offer. Hurray! The deal is done, and it’s time to celebrate with confetti and cupcakes, right? Well… not quite. New clients don’t stop shopping around just because they’ve chosen an insurance plan. They might renew