Mold claims.(Strategically Managing)

From: Claims | Date: September 1, 2003| Author: | Copyright information

The losses attributed to mold have become one of the major problems in the property and casualty industry today. Mold claims were nearly unheard of only two or three years ago, and now a single insurer may have cases numbering in the thousands. There are even predictions of industry-wide claim totals climbing into the hundreds of thousands within a decade. If insurers are to control their potential losses in this area, the torrent of new cases, legal precedents, and scientific theories and acted upon.

Are mold claims different in scope and nature from bodily injury and ...

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