X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The 2011 hurricane season is upon us following a spring full of storm activity that has been more prolific than the last several years combined. Some much-needed demand for adjusters was sparked by the onslaught of tornadoes, which stretched over a 10-state area. Catastrophe losses for the first half of the year are hovering near $17 billion, estimates Robert Hartwig, president of the Insurance Information Institute.

Primary insurers, not reinsurers, will swallow most of these losses, according to Fitch Ratings. It has been reported that more than 13,000 adjusters were deployed, and Cunningham Lindsey/GAB says that some 920 adjusters were rolled out to the areas of devastation. Now with the purchase of GAB by Cunningham Lindsey, they will no doubt prove to be a giant in the industry. Their adjuster support and updates on technology set a high bar.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.