Posts Tagged: adjusters
Motorists in Oceanside drive through flooded streets after the arrival of a tropical storm.(Photo: DBSOCAL, via Shutterrstock)
OPINION: From mudslides to droughts, fires to earthquakes, natural disasters are an inexorable part of our way of life. Needless to say, the cost of these disasters is staggering. In 2018 alone, wildfires in our state accounted for nearly a quarter of all insurance company disaster claims nationwide.
Illustration by Vector Image Plus, via Shutterstock)
OPINION: As an ambitious attempt to give consumers more control over how businesses collect, store, and use their personal information, it is clear the California Consumer Privacy Act will have effects that reach far beyond the technology sector.
A man surveys the charred debris of Glen Ellen home following a 2017 wildfire. (Photo: Rebecca Jane Call, via Shutterstock)
OPINION: Recently Capitol Weekly printed an article by David Farber (“Don’t fix unbroken system for claims adjusters,” April 16) asserting that the California Department of Insurance (CDI) was advocating for a bill, SB 1291 by state Sen. Bill Dodd, which would, in Farber’s words, “create a shortage of claims professionals” in the aftermath of last year’s devastating wildfires. Farber couldn’t be more wrong.
Destruction from last year's Wine Country fires. (Photo: Janos Rautonen, via Shutterstock)
OPINION: The current system allows claims adjusting companies that employ professional adjusters to secure a license covering its employees, which is practical and efficient and meets the needs of California’s consumers. Far from unique, this system has been proven to work in states like Montana and Utah. However, if the department’s bill, SB 1291 is enacted, it would totally upend a perfectly functional system for licensing independent insurance adjusters by disallowing state licensing for companies to cover its professionals