When a catastrophe strikes, property claims flood in fast, but business interruption claims are where the real complexity begins. Unlike property damage, BI claims require you to quantify what didn’t happen: lost revenue, suspended operations, and cascading operational impacts that aren’t visible in debris or structural damage. Your adjusters can’t
Florida’s 2023 legislative reforms didn’t eliminate assignment of benefits. They restructured how it functions and, more importantly, how disputes around it get resolved. The changes tightened AOB contract changes by requiring clearer disclosures, rescission windows, and direct insurer notification. Consumer protection laws were strengthened to limit contractor overreach during the
When a CAT event hits, there’s no ramp-up. Claims surge. Cycle time starts immediately. Carriers expect execution—not onboarding. Top-performing firms aren’t reacting better—they’ve already trained for it. Preparation Eliminates Performance Risk During a CAT event, small delays compound: Adjusters getting up to speed slows cycle time Communication gaps create rework
Your claims data is either working for you or against you at the reinsurance negotiating table. Most carriers don’t realize how much leverage they’re leaving behind when they show up with incomplete histories, inconsistent coding, and vague loss narratives. Reinsurers aren’t just reviewing numbers. They’re evaluating your credibility as a
Florida’s litigation landscape has shifted, but don’t mistake fewer lawsuits for fewer headaches. You’re still managing AOB fallout, reinsurance pressure, and roof-claim schemes that didn’t disappear with reform. The rules changed, but the exposure didn’t vanish. What actually matters now is understanding where the risk has moved and how your
If you’re a carrier still relying on inconsistent estimate formats and delayed performance data, you’re already falling behind. The industry has shifted, and Xactimate and XactAnalysis are driving that shift faster than most realize. These tools aren’t just software upgrades. They’re redefining what carriers can and should expect from every
