4 options to consider when adjusting HVAC hail claims

Almost all hail-damaged HVAC systems can be repaired and returned to pre-loss condition.

By Matt Livingston | June 01, 2016 at 06:30 AM

The first few months of 2016 have ushered in severe weather storms of historical proportions.

According to the Property Claims Service unit of Jersey City, N.J.-based Verisk Solutions, first-quarter losses added up to an estimated $3.8 billion, 27% higher than the 10-year first quarter average.

This is in large part because of hailstorms that ripped across much of the country.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

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.

NOT FOR REPRINT

Catastrophe & Restoration

Commercial Lines

Education & Training

Investigative & Forensics

Personal Lines

Weather Risk

1 Five-star workplaces for new insurance pros

2 Real-life claims scenarios renters insurance covers

3 Allstate will insure California homes again, under one condition

4 Reinventing GL and BOP Programs: How Proper Risk Classification Can Boost Your Bottom Line

5 States with the least safe young drivers

Consulting
Consulting Leaders in Technology 2024
May 16, 2024 - Dallas

Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
More Information
Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information

Workers' compensation claims seeing fewer opioid prescriptions

By Steve Hallo | May 06, 2024

Migraine medications, which saw utilization increase 17%, also had one of the largest cost increases.

Workers' compensation claims seeing fewer opioid prescriptions

Insurance payout to begin for Baltimore bridge collapse

By Elana Ashanti Jefferson | May 06, 2024

This claim payout is speedy but will cover only a sliver of the event's cleanup and rebuilding costs.

Insurance payout to begin for Baltimore bridge collapse

Deepfake AI can hoodwink savvy business leaders and employees

By Ashley Hattle-Cleminshaw | May 06, 2024

AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.

Deepfake AI can hoodwink savvy business leaders and employees

Commercial Property Preparedness: Bracing for Changing Risks link

eBook

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

Debug Screen: mobile

        {
  "message": "Show a wall",
  "action": "show wall",
  "data": "WelcomeWall",
  "placResultsPublic": {
    "overallContentType": "FreeWithRegContent",
    "userState": "DENYFREEWREGNOTLOGGEDIN",
    "showWall": "WelcomeWall",
    "userAccess": "0",
    "referrer": "",
    "userAccessCookie": null,
    "productList": "",
    "contentMetaData": "<?xml version='1.0' encoding='UTF-8'?><ARTICLE><TYPE>ARTICLE</TYPE><ID>/2016/06/01/4-options-to-consider-when-adjusting-hvac-hail-claims/</ID><SOURCE>Property Casualty 360</SOURCE><PUBLICATION-DATE>2016-06-01</PUBLICATION-DATE><PUBLICATION-NAMES><PUBLICATION-NAME>Property Casualty 360</PUBLICATION-NAME></PUBLICATION-NAMES><PRACTICE-AREAS /><CHANNELSECTIONS><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Agent &amp; Broker</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Agent &amp; Broker</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Agent &amp; Broker</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Catastrophe &amp; Restoration</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Claims</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Commercial Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Commercial Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Coverage &amp; Policy Issues</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Education &amp; Training</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Investigative &amp; Forensics</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Kicker</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Market Insights</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Markets</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Personal Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Personal Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Risk Management</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Weather Risk</SECTION></CHANNELSECTION></CHANNELSECTIONS><REFERRER></REFERRER></ARTICLE>",
    "decisionEngine": "RidgeRunner",
    "rulesFiredString": "[]",
    "contentProductCodes": "[\"regonlypubcontent\"]"
  }
}

Instant Insights /

4 options to consider when adjusting HVAC hail claims

Want to continue reading?Become a Free PropertyCasualty360 Digital Reader

Dig Deeper

Trending Stories