article thumbnail

Insurance Companies Urged to Respond to TDI Data Call by July 11

Insurance Journal

The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulletin that HelpInsure is a …

article thumbnail

What If Every Insurance Company Engineer Report Suggests a Denied Claim? We’re About to Find Out

Property Insurance Coverage Law

A recent conversation on LinkedIn has sparked serious questions about the objectivity of engineering reports used by insurance companies. The statement … The post What If Every Insurance Company Engineer Report Suggests a Denied Claim? Were About to Find Out appeared first on Property Insurance Coverage Law Blog.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Insurance Company Claims File Transparency Supports Honest and Good Faith Claims Conduct

Property Insurance Coverage Law

The Florida House Insurance and Banking Subcommittee was obviously upset with rising insurance rates and poor claims handling, as noted inParticipate In Your DemocracyEven If You Are Called a Bazooka. I was always told that an honest person has nothing to hide.

article thumbnail

State Farm Water Damage Protocols and Insurance Company Expert Witnesses

Property Insurance Coverage Law

These are some of … The post State Farm Water Damage Protocols and Insurance Company Expert Witnesses appeared first on Property Insurance Coverage Law Blog.

article thumbnail

CBS 60 Minutes Exposes Alleged Insurance Company Fraud: Adjusters Reveal Altered Hurricane Damage Estimates by Claims Management

Property Insurance Coverage Law

In a shocking exposé aired last night on CBS’s 60 Minutes, allegations of widespread insurance fraud by insurance companies following Hurricane Ian were exposed.

article thumbnail

Size of Florida’s Slide Insurance Exec Compensation Has Tongues Wagging

Insurance Journal

When Tampa-based Slide Insurance registered for an initial public stock offering last week, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities and Exchange Commission …

article thumbnail

Taiwan Life Insurers’ $700 Billion Bet on the US Is Backfiring

Insurance Journal

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. Unlike insurers in other countries like Japan where diversification … That reliance is now a major risk threatening more than $700 billion of assets.