A bill has been introduced in Mississippi to have feds decide wind vs water on claim disputes on hurricane losses. I have shared this link with several Linkedin groups for opinions and would like to share it here as well. Feel free to post your comments in response to this story. Do you think it will pass? What effect if any do you see as to how this would impact insurance carriers willing to write coverage in MS?
Here’s a link for the adjusting companies searching for which insurance companies write flood policies by state:
Our Prayers are with those in MS and LA flood zones this weekend- Articles says if spillway not opened that flooding in New Orleans could be worse than during KatrinaMay 13, 2011
I had started to post a few humorous claim stories for some light hearted claim news this weekend but after checking on the status of the flooding expected in MS and LA and watching some news reports, I’d rather share this Reuters news story discussing projected flooding in MS and LA including the statement that should the spillway not be opened tomorrow that New Orleans will suffer more flooding than post Katrina:
I think when independent adjusters were hoping for assignments this year, no one ever could have asked for the severe amount of tornado damage and flooding damage which has happened just in the past few weeks.
Our thoughts and prayers are with the victims AND the adjusters and claims personnel working in these storm zones.
I received the following information via email from FEMA today with the schedule for the 2011 NFIP certification workshops. I used the link to the training website and they are not yet up on the website so here is the info:
|2011 Adjuster Seminar Schedule
http://www.aicpcu.org has recently announced a new designation that will be equally as important as the AIC designation. It is for adjusters interested in handling flood claims.
The name of the designation is ANFI – Associates in National Flood Insurance. It is to be available beginning in July 2010 as a 3 part course. Here is a link to it as well as to the AIC designation we’ve previously discussed in several prior blogs. I have completed AIC and all but my last part of CPCU and the information gained has been of significant value throughout my claims career. These designations are especially important should you be looking to advance in staff claims opportunities as continuing insurance education is usually preferred for staff claim and staff management positions.
Here are the links:
ANFI designation: http://www.aicpcu.org/comet/programs/anfi/anfi.htm
AIC designation: http://www.aicpcu.org/comet/programs/aic/aic.htm
We also published a blog entry just yesterday on universities also offering degrees in insurance. I highly recommend pursuing this if you are serious about a career in claims as it opens many avenues. The AICPCU program has been accepted by most universities to award college credit for these designations such as AIC, ANFI, and CPCU as well so your completing several important continuing education goals at the same time. I see you already have a degree but Ill post the link anyway for others viewing this topic which may not have a Bachelors Degree.
Here is a link to the blog:
We also had an article published by Claims Education Magazine in their Winter 2008 publication titled “Luck- Where Preparation Meets Opportunity in 2008 that also provides information and links to how to obtain college credit for your AICPCU completed courses. Here is a link to that article:
Federal Flood Insurance Program Closed for Weeks ———————————————————— As insurance and real estate agents and homeowners feared, Congress left Washington without extending the federal flood insurance program. Congress adjourned until April 12 after failing to agree on an unemployment benefits bill that included a provision with an extension of the National Flood … This article can be found at:
Here is a second article about the Flood Insurance program closing giving additional reasons why it lapsed: