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The Compact Book of Adjusting Property Claims - Fourth Edition: A Primer for the First Party Property Adjuster

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Book Details
Language
English
Publishers
Independently published (2 Jan. 2024)
Weight
0.45 KG
Publication Date
02/01/2024
Pages
459 pages
ISBN-13
9798872696605
Dimensions
12.7 x 2.64 x 20.32 cm
SKU
9798872696605
Author Name
Barry Zalma Esq. (Author)
After practicing insurance law for over five decades, Barry Zalma, an internationally recognized and award-winning insurance expert and author, is releasing multiple education books on Amazon.com. Designed to inform special investigation unit investigators, claims people, and coverage lawyers on insurance fraud, the publications leverage key insights and learnings from his 50+ years of practical experience as a claims person and insurance coverage attorney. Zalma has also published numerous articles, blogs, white papers and education courses on a myriad of topics impacting insurance practitioners. As a recognition to his achievements, Zalma received the first annual Claims Magazine/ACE Legend Award in 2016, honoring a lifetime of insurance education. http://zalma.com/blog/claims-legend-award/ Barry Zalma, Esq., CFE currently serves as an insurance consultant specializing in insurance coverage, insurance claims handling, insurance bad faith and insurance fraud almost equally for insurers and policyholders. He also works as an arbitrator or mediator for insurance related disputes. Visit http://www.zalma.com for more information and email zalma@zalma.com.Follow his blog, Zalma on Insurance, which features published digests of interesting appellate decisions relating to insurance coverage, insurance claims and insurance fraud. http://zalma.com/zalma-on-insurance-a-blog/ Check in on Zalma’s Insurance 101, a videoblog that allows your people to learn about insurance in three to four minute increments. http://www.zalma.com/videoblog Look to National Underwriter Company for the new Zalma Insurance Claims Library at www.nationalunderwriter.com/ZalmaLibrary. The new books are Insurance Law, Mold Claims Coverage Guide, Construction Defects Coverage Guide and Insurance Claims: A Comprehensive Guide The American Bar Association. Tort & Insurance Practice Section has published Mr. Zalma’s book “The Insurance Fraud Deskbook” available at http://shop.americanbar.org/eBus/Store/ProductDetails.aspx?productId=214624 or 800-285-2221 and “Diminution of Value Damages” available at http://shop.americanbar.org/eBus/Store/ProductDetails.aspx?productId=203226972. Mr. Zalma’s three new e-books were recently added and are available at http://zalma.com/zalma-books/. Mr. Zalma’s reports can be found on Tumbler at https://www.tumblr.com/search/bzalma on Facebook at https://www.facebook.com/barry.zalma and you can follow him on Twitter at https://twitter.com/bzalma.Read more about this authorRead less about this author
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A Primer for the First Party Property AdjusterThe insurance adjuster is seldom, if ever, mentioned in a policy of insurance. The strict wording of the first party property policy sets the obligation to investigate and prove a claim on the insured.

Standard first party property insurance policies, based upon the more than a century old 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. In general, failure to file the proof within the time limited by the policy is fatal to an action upon it (White v.

Home Mutual Ins. Co.

, 128 Cal. 131, 60 P.

666 (1900); Beasley v. Pacific Indem.

Co. , 200 Cal.

App. 2d 207, 19 Cal.

Rptr. 299 (Cal.

App. 1962).

The California Supreme Court in 1900, when it decided White v. Home Mutual concluded that the requirement of proof of loss by the insured within the 60-day limit provided by the standard form of policy is a condition precedent to the right of the insured to maintain suit.

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