Oklahoma Insurance Commissioner Kim Holland has declared a state of emergency to allow insurance companies to more rapidly respond to the recent Oklahoma wildfires. The declaration enables emergency adjusters to be temporarily licensed to expedite the insurance claims process. “My …
Leon County Circuit Court Judge P. Kevin Davey ordered the Hollywood-based Coral Insurance Co., a residential property insurance provider in Florida, into receivership for the purpose of rehabilitation. The Department of Financial Services was named as the receiver as of …
An insurance adjuster who fell from a roof at a business in eastern Oklahoma County is in critical condition. Oklahoma County Sheriff’s Office spokesman Mark Myers says the 55-year-old man fell April 8 from the top of a two-story roof …
KJM Claims Management L.L.C., a full-service, independent claims management firm providing pre-litigation investigation and evaluation of professional and general liability claims and related services opened in Addison, Texas. The company is led by Kathryn Moran, KJM Claims Management founder and …
This economy is unlike any seen since the Great Depression. How does the current economic condition affect the insurance industry and claims? 1. Some people tend to not stay current with their premiums. Insureds faced with economic difficulties may tend …
The Texas Department of Insurance reported enforcement actions that became final in January 2009 include two license revocations, two license denials and fines and restitution totaling $36,250. An order imposing disciplinary measures becomes final 20 days after the agent or …
The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency headquartered in The Woodlands, Texas, has added Charles Locke as its new vice president of claims. Locke brings more than 35 years of insurance experience in claims management, …
A federal appeals court upheld the dismissal of Allstate Corp. and State Farm Fire and Casualty Co. from a lawsuit accusing them of overbilling the U.S. government for flood damage in Louisiana related to the 2005 storm Hurricane Katrina. Wednesday’s …
Texas Gov. Rick Perry wants the federal government to waive or extend for 180 days the deadline for filing proof of loss requirements for flood insurance policyholders whose homes were damaged by Hurricane Ike. The Federal Emergency Management granted an …
In sports, everyone wants to win on game day. The stark reality is that not everyone does. For every winner, there is a loser. Those who win in sports are the ones possessing not only the will to win, but …