Property Claims News

BuildFax Teams With Equifax to Deliver Property History Data to Insurance Sector

BuildFax, a commercial and residential permitting database in the United States, has joined forces with Equifax Inc. to provide property & casualty insurance carriers a view of underwriting risks while uncovering changes to their portfolio since policy inception. Equifax customers …

Tornado Damage at Louisiana’s Rayne High School $500K

The Acadia Parish School Board has declared a state of emergency as a result of Saturday’s tornado damage at Rayne High School. The Advocate reports Superintendent Johnny Bourque told the board that the school suffered major roof damage along with …

NCA Group Acquires Texas-based Gentry & Associates

Indianapolis, Ind.-based National Catastrophe Adjusters Inc. (NCA Group) has added Gentry & Associates Claims Services Inc. in San Antonio, Texas, to the NCA Group of Companies. This represents NCA Group’s third acquisition in 2011. The addition of Gentry & Associates …

Insurance Vital to Alabama Coast Long-Term Plan, Says Commission

Coastal Alabama should seize the BP Gulf oil disaster as an opportunity for “resiliency planning” that will not only help the region recover from the oil damage but also put it in a position to better recover from any future …

Hundreds Victim to California Rainstorms

Following a series of powerful storms that brought heavy, record-setting rain, snow and high winds to California, insurers report their employees are on-hand to help victims. Meanwhile, Gov. Arnold Schwarzenegger has proclaimed a state of emergency in Kern, Orange, Riverside, …

Catastrophes Cost World $222 Billion in 2010: Swiss Re

According to initial estimates from Swiss Re’s sigma research team, worldwide economic losses from natural catastrophes and man-made disasters totaled $222 billion in 2010; more than triple the 2009 figure of $63 billion. The cost to the global insurance industry …

GAB Robins (UK) Unveils Graduate Scheme to Address Future Skills Gap

GAB Robins (UK) has launched a new graduate scheme in collaboration with the Financial Skills Partnership (formerly the FSSC) and has successfully recruited its first three graduates through the programme. “Niall Metcalfe, James Grima and Ashley Marsland have each taken …

Sams & Associates Names Davis VP to Aid Oregon, Washington Expansion

Granite Bay, Calif.-based Sams & Associates Inc. has named Chet Davis vice president to lead the expansion of SAMS into Oregon and Washington. Davis has held leadership positions at Progressive Corp., AIG, and Travelers Insurance Companies. He possesses strong leadership …

Study: Good Property Claims Experiences Lead to Loyal Customers

Claimants of insurance companies that provide highly satisfying property claims experiences are considerably more likely to renew with their insurer and recommend their insurer to others, according to the J.D. Power and Associates 2010 U.S. Home Claims Satisfaction Study. (Among …

CNA Announces Claim Director for New Western Service Center

CNA insurance companies has appointed Richard Vonesh claim director for its new Western Service Center in Denver. Vonesh, who has more than 20 years experience in the claims field, joined CNA in 2002 as service center claim director for the …