Posts Tagged: disasters

Opinion

Insurance adjustment: CA surety bond adds inefficiency

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. 

Opinion

Don’t fix unbroken system for claims adjusters

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

Opinion

Be prepared: The key to handling disasters

Wind-whipped flames on San Miguel Mountain east of San Diego. (Photo: Kevin Key)

OPINION: The destruction in Florida, the cataclysmic floods in Houston, the massive erosion of the Oroville Dam and the ravaging wildfires up and down the Golden State are all real-time reminders of how vulnerable each one of us is to disaster, no matter who we are or where we live. It’s too easy to embrace the fallacy that these terrible things only happen to others.  Instead of hoping for the best, we should plan and prepare for the worst.  The safety of our families depends on it.

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