Claims Journal has named their top-five national trending stories affecting the property casualty claims industry in 2016, and hail tops the list. The video segment on the Claims Journal website notes:
According to Steven Badger, a partner with Dallas-based Zelle LLP and the author of several articles on the subject, “The property insurance industry is under attack. The present battle has nothing to do with repairing roofs actually damaged by hail, but instead putting money in the pockets of individuals who can find a way to inject themselves into the insurance claims process. The individuals may be contractors, public adjusters and policyholder attorneys.” Badger said that more than 11,000 hail damage-related lawsuits were filed in just one county in South Texas after a hail storm.
Click here to see the video detailing Claims Journal’s top-five trending stories of 2016.