It is the protection of the policyholder as well as workforce recruiting and retention that presented the balance the committee sought to encompass in one set of rules.
Have you ever been in a situation where you had too many customers calling for your services at the same time? Or, have you ever had too few customers asking for your services, so you wanted to select only those clients that would prove most lucrative?
Working with insurance adjusters in the restoration industry can be like walking a tightrope. You have to balance the needs of your clients with those of the adjusters. So how do you manage these needs?
Since its inception, the RIA Advocacy and Government Affairs (AGA) Committee has been moving forward like a freight train. Month after month this movement gains momentum in a way that is unprecedented in the property repair industry.
There is no doubt that the hardest line of business to write going into 2020 is Commercial Auto. For years, insurance carriers underpriced auto premiums and it caught up to them, resulting in auto being unprofitable for many carriers.
Loveland responded to pointed questions about the accuracy and/or stagnation of Xactimate prices, their system, Xactware's commitment to work with RIA to improve the process, and more.
Third Party Administrators (TPAs) have the potential to be part of a high performing business mix for restorers. The idea of assignments being doled out from the insurance company during slow patches, with low referral fees and little headache is appealing.
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