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Amy Bach and United Policyholders Raise Issues About Insurance Executives Taking Monies Through Excessive Payouts
Amy Bach‘s recent LinkedIn post yesterday highlighting concerns about excessive compensation in the insurance industry has struck a chord with many policyholders and consumer advocates. Bach raised these issues in a panel discussion at the American Academy of Actuaries. [...]
Did Florida’s CFO Call Public Adjusters Despicable?
There must have been a lot of “at a boy” congratulatory text messages from insurance industry lobbyists to Florida CFO Jimmy Patronis after they read the Insurance Journal article, Florida CFO Issues Order on ‘Despicable’ Public Adjusters as Debby Floods Carolinas. [...]
Amendment to Louisiana Unfair Claims Settlement Practice Adds Weapon to the Policyholder’s Arsenal
The “Hurricane Season from Hell” 1 is upon us. Hurricane Beryl, a Category 5 storm at peak strength and a rarity for July, impacted the Texas coast only weeks ago. As we inch closer to the statistical height of the Hurricane Season, [...]
Zalma Calls For Change In Claims Handling and Staffing of Claims Departments
In search of profit, insurers have decimated their professional claims staff. They laid off experienced personnel and replaced them with young, untrained, unprepared people. A virtual clerk replaced the old professional claims handler. Process and computers replaced hands-on human [...]
Guiding You Through Insurance Claims for Historic Commercial Buildings
Navigating insurance claims for historic commercial buildings is a journey that requires careful steps and a deep appreciation for the value these properties add to our communities and heritage. These buildings are not just physical structures; they are pivotal landmarks [...]