California insurance report: Fire victims shortchanged

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• On: 08/17/2022 14:33:20
• In: News

A new report from Consumer Watchdog alleges that insurers have inserted provisions into the fine print of their home, condominium and renters policies that allow them to limit or deny coverage after a wildfire.

Farmers, Nationwide and the Automobile Club of Southern California are among the insurers cited in the Los Angeles-based organization’s “Up in Smoke” report. The California FAIR Plan — which often serves as a last resort for homeowners in fire-prone areas where insurance companies won’t provide coverage — is using the same tactics, the study claims.

The report says insurance companies are lowballing or denying claims as California’s wildfire season grows longer and becomes more damaging. The state’s three most destructive years on record were 2017, 2018 and 2020.

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The Louisiana Department of Insurance had suspended the license of a New Orleans public adjuster accused of fraudulently endorsing checks from insurance companies and keeping the money.

• By:
• On: 08/11/2022 15:58:12
• In: News

LDI’s Office of Insurance Fraud and Enforcement on July 22 issued a cease-and-desist order to Kade Austen Mitchell and his company Mitchell Adjusting International.

Read all of The Louisiana Department of Insurance had suspended the license of a New Orleans public adjuster accused of fraudulently endorsing checks from insurance companies and keeping the money.