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The Catastrophe Crunch

Last year, after the now-infamous quartet of Hurricanes Ivan, Jeanne, Frances, and Charley finished their tours of the state, 2.3 million insurance claims were reported in Florida.

By Eric Gilkey | Updated on November 28, 2005

Last year, after the now-infamous quartet of Hurricanes Ivan, Jeanne, Frances, and Charley finished their tours of the state, 2.3 million insurance claims were reported in Florida, according to Insurance Services Office, a supplier of claim data for the property and casualty industry.

Because claim adjusting dramatically affects the bottom line of an insurance carrier, quickly finding good adjusters to manage a massive number of claims like this is not just recommended, it is vital to the survival of insurance companies and their reputations. Good companies get quality adjusters on the scene quickly not only for the benefit of their insureds, but also for themselves.

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