Tag: insurance claims

Capital and Risk, Insurance, Regulations

2022 Means More Claims Data From Florida Insurers, Notification on Surplus Lines

January 3, 2022

Via: Insurance Journal

New Florida laws and regulations that govern insurance matters took effect Sunday. Some are minor changes to existing laws, but others could affect insurers and agents for years to come. Here’s a look at some of the new requirements. Data […]

Capital and Risk, Insurance

New Jersey Regulator Asks Insurers to Work with Customers Affected by Ida

September 13, 2021

Via: Insurance Journal

The New Jersey Department of Banking and Insurance (DOBI) issued a bulletin urging entities regulated by the department to work with and assist customers who have been adversely affected by Tropical Storm Ida. “New Jersey residents suffered tremendous losses during […]

Activity, Insurance

Hurricane Matthew Insurance Claims Expected to Top $7 Billion

October 25, 2016

Via: TheStreet

At least 100,000 insurance claims stemming from damage inflicted by Hurricane Matthew are anticipated to be filed with payouts expected to exceed $7.5 billion, reported by the Consumer Federation of America. Damage from wind is forecast to lead the claim […]

Activity, Insurance

Top Homeowners Insurance Claims

April 6, 2016

Via: Insurance Journal

Weather incidents account for more than half of all homeowners insurance claims, with wind, pipes freezing and bursting, roof and flashing leaks and ice dams among the major causes of home damage during weather events. Fire-related claims are the most […]