Web Exchange
Video Highlights Cargo Theft Trends In 2012, it’s estimated that there were an average of two and a half reported cargo thefts each day in the United States. And although the number of thefts have declined in 2013, the monetary …
Before and After: Fire Damaged Kitchen
This kitchen was seemingly destroyed when a stovetop fire destroyed the cabinets directly around the stove. The customer contacted Furniture Medic and it was able to bring the cabinets back to pre-loss condition, without displacing the customer or tearing out …
Talent Management Tips
Talent management programs are geared toward attracting, recruiting and retaining top talent. Deloitte teamed with Forbes Insights for its fourth report in the Talent 2020 series, surveying employees across major industries and global regions, to explore the changing priorities and …
Web Exchange
Video Highlights Tips for Adjusters Attending Mediation During this year’s Combined Claims Conference, James Curry, a seasoned mediator and former in-house insurance defense counsel located in California’s San Fernando Valley, provided tips to adjusters preparing for mediation. Knowing the claim’s …
Business Moves
Copart, Salvage Parent Copart, a global online vehicle auction company, acquired Salvage Parent Inc., which conducts business primarily as Quad City Salvage Auction, Crashed Toys, and Desert View Auto Auction. Combined the businesses operate at 39 locations in 14 states. …
Dollars & Sense
33,775 The number of metal theft insurance claims for copper, bronze, brass or aluminum, according to a new report released by the National Insurance Crime Bureau (NICB). NICB found that 32,568 of those claims, or 96 percent, were for copper …
New Study Finds Lower Acceptance of Insurance Fraud
Findings from an online Insurance Research Council (IRC) public opinion study reveal 24 percent of Americans believe it is acceptable to increase an insurance claim by a small amount to make up for deductibles they are required to pay, lower …
Hazard-Specific Disaster-Resistant Measures
According to industry experts, there are differences in the ways that structures can be made disaster-resistant, depending on the hazard. Hurricane: The key to storm-resistant construction is keeping connections in place, roof to wall, floor to floor, and floor to …
Property Claims Customer Satisfaction
The “2013 Property Claims Satisfaction Study,” published by J.D. Power and Associates, is based on more than 5,500 responses from homeowners insurance customers who filed a property claim between May 2011 and January 2013. The following insurance companies ranked highest …
Dollars & Sense
25% The percentage increase in premiums for vacation and rental homes in the National Flood Insurance Program, effective Jan. 1. Properties that have suffered repeated losses or substantial damage over the years will also see a gradual 25 percent rate …