Hurricanes are feared storms for good reasons. And, with winds that can exceed 155 miles per hour, the damage they leave in their wake can be staggering.
Specialist loss adjuster vrs VeriClaim, a wholly owned subsidiary of Sedgwick Claims Management Services, Inc., completed its acquisition of Certo chartered loss adjusters to develop its third-party administration and commercial loss adjusting capability.
IBHS has initiated a long-term aging program to study performance of aged roofing materials when subjected to severe weather, high wind or impact tests.
Commercial rates for all P&C lines continued in a holding pattern in May, while personal insurance rates held steady at plus 1%, matching the rate increase reflected in April 2015.