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Term. Meaning. Appraisal. An appraisal is a detailed assessment of either the property or property damage. An appraisal is written by an adjuster to estimate the amount of damage from a loss.
In 2006, two former State Farm claims adjusters, sisters Cori and Kerri Rigsby, acted as whistleblowers and filed a qui tam suit against State Farm under the False Claims Act. [ citation needed ] The Rigsby sisters claimed that State Farm shifted state claims to federal flood insurance that should have been covered by private wind insurance ...
Capital is necessary so an insurance company can pay for any future claims for the risks it insures," State Farm General said in an open letter to the California Department of Insurance ...
State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property insurance rates by 22 percent just weeks after fires ripped through Los Angeles ...
Flood insurance is not part of a standard homeowners policy, and those with flood insurance will need to file flood claims separately. Here is the process and steps to follow as you start your ...
A homeowners insurance claim is how you can get reimbursed for covered losses in your home or on your property. After a loss happens, you can start the claims filing process in multiple ways ...
With coverage availability shrinking, many homeowners across California have no option but to resort to a FAIR Plan policy. In March 2024 State Farm, the largest home insurance company in ...
Personal property coverage: This coverage makes up a large portion of your homeowners insurance and is designed to replace your home’s contents after a covered peril, including clothing ...
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