Independent Insurance Claims Adjuster Group’s Post

As the 2024 hurricane season unfolds, insurance companies brace for impact. With projections of an above-normal season, it's crucial to monitor forecasts and assess risks. WaterStreet Company’s P&C insurance solutions provide the data needed to predict and manage potential costs. #HurricaneSeason #Insurance #RiskManagement https://hubs.li/Q02J05BZ0

🌪️ Extreme situations call for extreme measures. With Florida’s insurance market in turmoil, and Hurricane Milton potentially landing the last blow to the standard market, could universal windstorm coverage be the solution to protect homeowners and (eventually) stabilize the market? 💡 Any and all ideas should be brought to the table. Otherwise, Florida’s homeowners may have no where to turn. #FloridaInsurance #HomeownersInsurance #RiskManagement #InsuranceInnovation

🌀 Insurance adjusters, are you ready for hurricane season? 🌪️ Stay ahead with our latest blog post featuring essential tips to streamline your claims process and ensure swift, efficient service for your clients. Whether you're a seasoned professional or new to the field, these insights are invaluable. Dive into the details here: https://lnkd.in/ea7iq4Qj #InsuranceAdjusters #HurricanePreparedness #ClaimsManagement

As the nation braces for what’s predicted to be an especially active hurricane season, a solution for those living in areas most likely to be impacted is parametric insurance. “In a nutshell, I would describe traditional insurance as requiring, among other things, direct physical damage for a claim,” Dianna Nelson, structurer, North America, Swiss Re, recently told Digital Insurance. “With parametric, we only care about how fast the wind blows or how hard the ground shakes.” Read more about parametric insurance and how insurers are preparing for hurricane season in our roundup. #climatechange #insurance https://bit.ly/3ySPapw

While the importance of insurance has always been a key to home ownership and the value of the home, the changes in severity and frequency of weather events has a substantial chance at altering that delicate balance. States are now under significant pressure to potentially intervene in private insurance matters. Could an oversized hurricane season in 2024 be the tipping point in some states? With an active storm season looking quite possible with the expected shift from La Nina to El Nino, this year may move the industry and homeowners into uncharted territory.

Hurricane season is upon us. Dive into the world of hurricane models and their impact on the insurance industry in this AAIS Webinar featuring AAIS Partner, Davies. Learn how data from storms helps insurance carriers price policies and how regulators use this information to protect consumers. Watch the full session on demand.👇 #HurricaneModels #DataAnalytics #RiskManagement https://lnkd.in/eFjyEPKH

🏠🌪️ Hurricane season 2024 is upon us, and AccuWeather predicts 20 to 25 named storms. As an insurance professional, I highly recommend fortifying your home. Homes built to the Fortified standard offer greater security and long-term financial benefits, including potential insurance discounts. For more insights, contact me today and let’s discuss your coverage needs! #HurricanePrep #Insurance

🌪️As we brace for a busy hurricane season, USF faculty assure us that insurance rates won't necessarily spike: https://ow.ly/8rjX50RTVwI "Predictions of an active season won't spike insurance costs", says USF expert Randy Dumm. While forecasts can be daunting, they're already factored into current premiums. Stay informed and prepared: review your coverage, explore premium discounts and consider roof upgrades for better storm resilience.

🏠🌪️ Hurricane season 2024 is upon us, and AccuWeather predicts 20 to 25 named storms. As an insurance professional, I highly recommend fortifying your home. Homes built to the Fortified standard offer greater security and long-term financial benefits, including potential insurance discounts. #HurricanePrep #Insurance

⛈ Did you know that hurricane season lasts from the first day of June to the last day of November? ⛈ Protect your commercial property with proactive measures and comprehensive insurance coverage. Our latest blog outlines critical steps to minimize damage and financial loss, including: ☔ Reviewing insurance policies ☔Conducting risk assessments ☔Implementing physical safety measures Read more here: https://shorturl.at/89AwV Don't wait until it's too late- get prepared today! #HurricanePreparedness #CommercialInsurance #RiskAssessment #BusinessSafety #TheFidellaAgency