Original source: http://www.ambest.com/v.asp?v=regulatorypanel519
I run around the net nonstop to guide you to realize to the need of having a Property Damage Adjustment Consultant on your side. Read this web post we found.
BestWire (05/16/19)
During this AM BestTV episode in the RMS Exceedance 2019 seminar, an expert panel said new flood modeling should help move the market closer to actuarially sound levels, and new banking regulations will make it much easier for private market coverage of flooding risk. Fred Karlinsky, attorney at Greenberg Traurig, stated,”I think that the fact that you don’t truly understand what the area of this land is creates a lot of uncertainty, a great deal of hesitancy on the part of anyone that is going to expend funds to attempt to promote his or her own particular kind of private label flood insurance ” With wildfires being a industry problem in recent years, the panel discussed risks and opportunities within the business and emphasized what direction regulation might take. Matt Nielsen, senior director of global government affairs at RMS, stated,”I understand one of the issues from a risk assessment point of view is that tools traditionally have just been really meant to help with individual location risk scoring. There has been a shortage of really excellent analytics looking in wildfire as a whole.”… Read More
Thanks for reading! And please email us if you need some help when dealing with your insurance company. NO claim, NO fee!
Original source: http://www.ambest.com/v.asp?v=regulatorypanel519
I run around the net nonstop to guide you to realize to the need of having a Property Damage Adjustment Consultant on your side. Read this web post we found.
BestWire (05/16/19)
During this AM BestTV episode in the RMS Exceedance 2019 seminar, an expert panel said new flood modeling should help move the market closer to actuarially sound levels, and new banking regulations will make it much easier for private market coverage of flooding risk. Fred Karlinsky, attorney at Greenberg Traurig, stated,”I think that the fact that you don’t truly understand what the area of this land is creates a lot of uncertainty, a great deal of hesitancy on the part of anyone that is going to expend funds to attempt to promote his or her own particular kind of private label flood insurance ” With wildfires being a industry problem in recent years, the panel discussed risks and opportunities within the business and emphasized what direction regulation might take. Matt Nielsen, senior director of global government affairs at RMS, stated,”I understand one of the issues from a risk assessment point of view is that tools traditionally have just been really meant to help with individual location risk scoring. There has been a shortage of really excellent analytics looking in wildfire as a whole.”… Read More
Thanks for reading! And please email us if you need some help when dealing with your insurance company. NO claim, NO fee!