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What can I do if I disagree with the claims adjuster’s decision? Sometimes, an insured disagrees with an adjuster’s decision or the claim payout amount. In general, insurance adjusters are ...
This term is also now commonly used in commercial general liability (CGL) policies or so called "casualty" business. In these instances, the liability policies are written with a large (in excess of $50,000) self-insured retention (SIR) that operates somewhat like a deductible, but rather than being paid at the end of a claim (when a loss payment is made to a claimant), the money is paid up ...
According to salary.com, Wilson received $17.1 million in fiscal year 2017. Wilson is on the boards of the Property Casualty Insurers Association of America and serves as the chairman of the US Chamber of Commerce [ 6 ] [ 7 ] [ 8 ] and is a past chairman of the U.S. Chamber of Commerce board of directors.
The suit was filed under California's Private Attorney General Act by four senior commercial claims representatives who claim that Farmers improperly classified them as exempt from overtime pay when they were often required greater than the standard 8 hours a day and thus sometimes more than 40 hours per week. [37]
4 more insurers are leaving California after Allstate and State Farm flee wildfire risk. Chris Morris, Alena Botros. October 31, 2023 at 12:19 PM. Getty Images.
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