The Compact Book of Adjusting Property Insurance Claims – Second Edition and Commentary on Insurance Law
Barry Zalma, Esq., CFE, an insurance claims expert, has created a library of insurance claims books and other materials to make it possible for insurers and their claims staff to become insurance claims professionals.
For those who serve the insurance industry and its policyholders (whether as lawyers, adjusters, claims management, or public insurance adjusters) the ability to perform their duties appropriately and in good faith is absolutely necessary that they maintain insurance professionalism.
The books listed below need a home in each law office, each insurance company. each independent adjuster claims office and in the offices of every public insurance adjusting firm.
Barry Zalma’s Insurance Claims Library will provide essential resources and will go a long way to create a staff of insurance claims professionals. The books listed below are a small taste of the insurance and insurance claims books written by Barry Zalma and available on amazon.com and at http://zalma.com/blog/insurance-claims-library/
Some of the books available to create or maintain insurance professionalism include:
The Compact Book of Adjusting Property Insurance Claims – Second Edition
A Manual for the First Party Property Insurance Adjuster
The insurance adjuster is not mentioned in a policy of insurance. The obligation to investigate and prove a claim falls on the insured. Standard first party property insurance policies, based upon the New York Standard Fire Insurance policy, contain conditions that require the insured to, within sixty days of the loss, submit a sworn proof of loss to prove to the insurer the facts and amount of loss.
The policy allows the insurer to then, and only then, respond to the insured’s proof of loss. The insurer can then either accept or reject the proof submitted by the insured.
Technically, if the wording of the policy was followed literally the insurer could sit back, do nothing, and wait for the proof. If the insured was late in submitting the proof the insurer could reject the claim. If the insured submits a timely proof of loss the insurer could either accept or reject the proof of loss. If the insurer rejected the proof of loss the insured could either send a new one or give up and gain nothing from the claim. Suit on the policy would be difficult because the policy contract limited the right to sue to times when the proof of loss condition had been met.
Insureds and insurers were not happy with that system. It made it too difficult for a lay person to successfully present a claim. The system, as written into the standard fire policy seemed to run counter to the covenant of good faith and fair dealing that had been the basis of the insurance contract for centuries. Most insurers understood that their insureds were mostly incapable of complying with the strict enforcement of the policy conditions. To fulfill the covenant of good faith and fair dealing insurers created the insurance adjuster to fulfill its obligation to deal fairly and in good faith with the insured.
The Second edition adds new material from 2018 and 2019, is easier to use and more compact than the original.
Volumes 1 through 7
A Journal providing information about insurance, insurance claims handling and insurance law as it changes with new decisions.
The latest edition deals with the following subjects:
How Insurance Is the Mother’s Milk of the Law Profession; Lawyer did not Read his Malpractice Policy.; Increase in Premium Without Actual Evidence of an Increased Risk Defeats Rescission; Lawyer Suspended for a Year For Abusing Paralegal; To Succeed at Arson-for-Profit Takes Skill and Intelligence; Insurance Policies are Construed as Written; A Policyholder is only the Named Insured; No Cover if Dwelling is not the Insured’s Residence; It’s Not Nice to Lie to Your Insurer; Criminal Act Exclusion Enforced; Obtaining Ex-Wife’s Medical Records to Harass Not a Professional Service; Is This the Last Insurance Decision Re September 11, 2001?; Insurance Agent’s Duty Limited to Insured; Regardless of Acts of Insured Mortgagee Gets Insurance Proceeds; More Than Two Million Judgment Against Client for Neglect to Protect Client Should Have Been Reported; Double Recovery Not Allowed; Personal Auto Policy Limited to Acts of Owner/Operator; Failure to Plead Plausible Claims Defeats Lawsuit; and Ten Volumes Comprising A Comprehensive Group of Materials on Property & Casualty Insurance Claims.
Read about these new books and more insurance books by Barry Zalma at http://zalma.com/blog/insurance-claims-library/