/ ABOUT THE CLAIM In the aftermath of a recent hurricane in the U.S. Southeast, the HOA of an aging, medium-rise condominium tower filed a claim with their carrier. The insurance carrier knew it needed a reliable determination of cause & origin on all the cited areas of damage and therefore called upon its complex and large property claim specialist...
As last year's storms demonstrated, catastrophes not only present near-term financial losses for insurers, but carriers bear the additional exposure borne of delayed reporting, customer dissatisfaction and potential litigation. Whether hurricane winds are classified by the Meteorological Society as Category 1, 2, 3, 4 or 5, those in the property insurance business need a Tier Two forensic engineering firm...