Feb 25, 2022 | News
https://www.wsj.com/articles/salvage-crews-set-to-board-burning-ship-carrying-luxury-car-payload-11645558367?reflink=desktopwebshare_permalink
Jan 14, 2022 | News
From all of us here at MSW Adjustment Group, we wish you the very best start to 2022!
Dec 20, 2021 | News
2021 Weather in Review…A Wild Ride https://www.washingtonpost.com/nation/interactive/2021/weather-disasters-2021/ Vicious wind and tornadoes put a deadly exclamation point on the end of an extraordinary year for extreme weather in the United States. Earlier in...
Sep 17, 2021 | News
“AIR Worldwide, which models disaster impacts for the insurance industry, estimates Ida caused insured losses of $20 billion to $30 billion nationwide. (AIR did not estimate economic losses, which are always higher than insured losses, because some damage is...
Sep 5, 2021 | News
Ida’s insurance impact is likely to be boosted by pandemic pricing (yahoo.com) Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher, in part because of pandemic pricing that has pushed up the cost of...
Jul 12, 2021 | News
From Cozen & O’Connor: “On appeal, the insured maintained that the COVID-19 pandemic and the related government-imposed restrictions on performing non-emergency dental procedures constituted a “direct ‘loss’ to property” because the insured was unable...
Jul 12, 2021 | News
Insured losses from Hurricane Elsa estimated at $290M | Business Insurance “Insured losses to onshore properties from Hurricane Elsa will be around $290 million, according to Boston-based catastrophe modeler Karen Clark & Co. Elsa caused some $240 million of...
Jun 11, 2021 | News
Transitioning from Xactimate 28 to Xactimate desktop (X1) (xactware.com) “On July 31, 2021, support for Xactimate desktop version 28 will no longer be available and end of life for Xactimate desktop version 28 will occur on December 1, 2021. Even though the...
Jun 5, 2021 | News
‘Market has tipped’: Lumber prices finally fall, although still up over 300% (msn.com) “The futures price for lumber peaked in early May. But the “cash” price (the price sawmills charge distributors and wholesalers) kept hitting new all-time highs...
May 3, 2021 | News
Tornadoes cause damage in Mississippi; Tupelo hit at night | The Seattle Times “Multiple tornadoes were reported across Mississippi on Sunday, destroying homes and uprooting trees before the storm system moved into Atlanta, prompting residents Monday to seek...
May 1, 2021 | News
https://www.kgw.com/article/news/local/supply-demand-and-covid-19-the-price-of-lumber-has-nearly-quadrupled-in-the-last-year/283-c6600923-3caf-4a02-93b2-383739a80545 …and shows little signs of stopping: “The sticker shock you might be feeling is all about...
May 1, 2021 | News
https://www.zerohedge.com/weather/hailstorms-bombard-texas-oklahoma-causing-billions-dollars-damage Hailstorm causes $3 Billion in Damages. “AccuWeather Senior Vice President and Chief Meteorologist Jonathan Porter estimates “total damage and economic loss...
Apr 5, 2021 | News
COVID-19 And Business Interruption Insurance: Ambiguity Remains – InsuranceNewsNet “…as we cross this one-year anniversary, that lack of clarity persists as insurance carriers and courts apply policy considerations in strikingly differing manners....
Apr 5, 2021 | News
Favorable California Policyholder Ruling for COVID-19 Losses (natlawreview.com)
Apr 1, 2021 | News
Interesting article on the current court rulings regarding Business Income coverage for COVID shutdowns.
