With Danny, the first hurricane of the 2015 season, now underway, the new, state-of-the-art weather technology possessed by The National Storm Damage Center (NSC) is a timely and welcome addition to our informational resources. NSC declares itself to be the only weather company with meteorologists experienced in military, forensic technology, technology that can predict weather events with 95 percent accuracy and the only organization with rights to use such data for civilian application. The precision of this new technology leaves the 60 to 70 percent accuracy claims of other weather services in the dust.
More Precise Weather Technology Assists in Validating Insurance Claims
Recent Case Regarding the Assignment of Benefits of a Property Insurance Policy to a Contractor is Decided by a Florida Appellate Court
Can I sign over my homeowners insurance benefits to a contractor? (continued...)
We recently blogged about industry efforts to pass legislation that would stop insureds from signing over their insurance benefits to contractors. Such a practice is called "assignment."
Florida Woman Wins Claim Reported Three Years After Damage How Prompt Does an Insurance Claim Have To Be?
A recent decision by the District Court of Appeal for Florida's Third District has provided that a property holder's assertion that even though her insurance claim of hurricane damage to a condominium she owned and rented out was made three years after the hurricane that caused it (Hurricane Wilma, 2005), her claim was valid and appropriately timed. Although a previous court had decided the case, Laquer v. Citizens Property Insurance Corporation, in favor of the defendant, the higher court reversed the decision.There were a number of reasons for the decision in Laquer's favor. While the requirement that a claim be filed "promptly," typically within a period of 60 days, there were a number of mitigating facts in this case. These included that:
Florida Woman Wins Claim Reported Three Years After Damage
How Prompt Does an Insurance Claim Have To Be?
A recent decision by the District Court of Appeal for Florida's Third District has provided that a property holder's assertion that even though her insurance claim of hurricane damage to a condominium she owned and rented out was made three years after the hurricane that caused it (Hurricane Wilma, 2005), her claim was valid and appropriately timed. Although a previous court had decided the case, Laquer v. Citizens Property Insurance Corporation, in favor of the defendant, the higher court reversed the decision.
