Barry Schoch’s cell phone comes to life with “When the Saints Go Marching In” — a reminder of the nine months he spent assessing damage from Hurricane Katrina in Louisiana and Mississippi. These days, the independent insurance adjuster is waiting …
Insurers continue to tally claims from Tropical Storm Fay after its fourth landfall occurred on the Panhandle. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s highest volume insurers. As of 8:30 …
The National Flood Insurance Program owes the federal Treasury more than $17 billion from hurricane-related losses and has been unable to set aside enough money to meet catastrophic losses that could arise in the future, congressional investigators said in a …
Minnesota Gov. Tim Pawlenty signed a bill on May 14th that requires insurance companies and agents to notify homeowners annually if their insurance policies do not include flood coverage. The required notice will say the homeowners have the right to …
A tornado wiped out 95 percent of Greensburg. Hailstorms rattled the south-central part of the state, damaging roofs. An ice storm crippled the state. With all the large-scale weather events to hit Kansas last year, it would seem likely that …
Government adjusters trying to assess the accuracy of flood claims payments from the 2005 hurricane season were hampered by a lack of access to data on wind damage from the National Flood Insurance Program and private insurers, according to a …
A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood insurance program. At the same time, the Department of Homeland …
Since the National Flood Insurance Program does not collect data on both wind and flood damage claims from its insurers, it’s not possible to know if its billions of dollars in payments on hurricane-damaged properties accurately reflect flood only damage, …
The judge in New Orleans who unsealed a federal whistle-blower case accusing insurance companies of overbilling the National Flood Insurance Program says the U.S. Department of Justice should get involved or explain why not. The case was brought by former …
U.S. Attorney David Dugas says he won’t intervene in a whistleblowers’ lawsuit that accuses several insurance companies of overbilling the federal government for flood damage to Louisiana homes from Hurricane Katrina. An attorney for a group of former insurance adjusters …