In this episode of "The Art of Adjusting® Podcast," hosts Chantal and William discuss the intersection of history, legal intricacies, and the dynamic world of insurance claims. They take a journey from the ancient Egyptian invention of leap years to the details that define modern insurance policies, focusing on the important aspects of policy effective dates, the legalities surrounding backdating, and the multifaceted nature of insurance claims.
Learn more about our services at Auten Claims and gain insights from CMR Consulting by visiting CMR Consulting. Additionally, don't miss out on Chantal’s insightful book, Art of Adjusting®, available now.
This episode explores the often-overlooked implications of leap years on insurance policies and the statutes of limitations, providing a comprehensive overview that blends historical insight with contemporary challenges. The episode navigates through intricate scenarios, including the adjudication of fire losses that extend across multiple policy periods and the forensic examination of security camera footage essential for substantiating claims.
You will want to check out Chantal’s blog post on the statutes of limitations across various states, offering listeners a valuable resource for navigating this legal landscape. Adding an intriguing layer to the episode, both Chantal and William share their perspectives on the flat-earth theory, and the podcast takes a final position on this contentious debate!
This episode also shines a spotlight on Barry Zalma's "The Compact Book of Adjusting Property Claims – Fourth Edition," released on January 2, 2024. This invaluable resource, available in Kindle, paperback, and hardback formats, provides updates, clarifications, and additional material crucial for both the seasoned adjuster and the insurance coverage lawyer. It serves as a primer for first-party property adjusters, emphasizing the policyholder's responsibility to present a sworn proof of loss within a stipulated timeframe—a principle underscored by a century of legal precedent.
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Whether you're a professional in the insurance industry eager to expand your knowledge or a newcomer intrigued by the complexities of insurance claims, this episode offers deep insights and engaging discussion on topics that significantly impact the field.
Tune in to "The Art of Adjusting® Podcast" for a blend of historical anecdotes, legal expertise, and practical advice designed to inform and inspire insurance professionals and enthusiasts alike.
Questions about this episode? Shoot me an email at wauten@auten.claims
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