David L. Stegall

Expert Witness Insurance, Reinsurance & Risk Management. Former Insurance/Reinsurance Executive & Consultant

[David L. Stegall @stegall_RCES]

Earlier this month, California Insurance Company (CIC) announced its intention to appear in court to argue why it should become a New Mexico corporation from California. #insurancebadfaith
https://t.co/jnF69kUYrX

[David L. Stegall @stegall_RCES]

Insurers use public adjusters to settle claims after suffering property damage, an industry that has existed for almost a century. #insurancebadfaith
https://t.co/iFJWfIUuWD

[David L. Stegall @stegall_RCES]

With recent market volatility having little impact on the sector's capital base, reinsurance's fundamentals are strong. #reinsuranceexpert
https://t.co/AZ48bS6nrv

[David L. Stegall @stegall_RCES]

The only questions are what reinsurance contracts will be affected and how big will the final bill be? #reinsuranceexpert
https://t.co/Kik01yqLUu

[David L. Stegall @stegall_RCES]

There are situations where this is the case because the individual claims are too small and won't exceed the insurance company's reinsurance retention. #reinsuranceexpert
https://t.co/RvuHYETMYx

[David L. Stegall @stegall_RCES]

Unfortunately, as hurricanes and wildfires are in full swing, contractor fraud is as well. A fraudulent contractor usually exhibits these signs. Follow the influencer below to learn more. #insuranceexpertwitness
@iiiorg

[David L. Stegall @stegall_RCES]

Wildfires have become something of a fact of life for Californians, but wineries are still having trouble getting insured. @NBBJ reports on the state of insurance at the link.

Image by Noah Berger for AP.
https://t.co/GeTcxIqXUv #insurance

[David L. Stegall @stegall_RCES]

With commercial insurance rates rising, insurers may see some business owners getting priced out of the market. Here's what that could mean for the industry: https://t.co/cIh0Rnf38n #insurance #insurancebusiness

[David L. Stegall @stegall_RCES]

Businesses can't afford the costs of pandemic business interruption, and they rely on insurers for assistance. Insurers, on the other hand, can't meet the volume of demand, so the matter is going to the courts: https://t.co/YSRj9aZeNL #insurance #insurancelaw

[David L. Stegall @stegall_RCES]

Did you know social perceptions can affect the insurance industry? Social inflation describes exactly this phenomenon. Get the details at the link below. #insurance https://t.co/jVvAHtQrEy

[IRMI @IRMIowl]

In the latest @OutFrontIdeas with Kimberly and Mark article, @kimberlyanngeo and @wcmarkwalls discuss the impacts of #social #inflation with a panel of #experts. https://t.co/6FCSkZRPIb

@Sedgwick | @safetynational | @trialbehavior | @NAMIC

[David L. Stegall @stegall_RCES]

With numbers like 22% increases, the constant price hikes in commercial insurance aren't just bad customer service, but bad business. Here's how the insurance sector can dial the hikes back: https://t.co/1dfUSpSurn #insurancebusiness #insurance

[David L. Stegall @stegall_RCES]

The insurance business largely suffered during the COVID-19 pandemic, but that wasn't true for the health insurance industry. See why the health sector broke that pattern here: https://t.co/AsKDyMEuxp #insurance #insurancebusiness

[David L. Stegall @stegall_RCES]

Age 30 is often when young people enter the next phase of their adulthood -- and they usually have new insurance needs during that next stage of life. Read more at the link. #insurance https://t.co/7Sam8wl9op

[David L. Stegall @stegall_RCES]

Ransomware claims continue to rise. In the past year, ransomware claims increased "by upward of 300%." This is causing insurance companies to up their cost of coverage & asking themselves what they can offer their clients.

https://t.co/BQNO0hyhEY #ransomware #insuranceindustry

[David L. Stegall @stegall_RCES]

A vital part of an insurance business is its employees. Whether they will be asked to return to the office or will be allowed to continue to work from home, one thing should remain a priority. And that is their mental health.

https://t.co/Jf0LP9NshC #insurancebusiness #employees

[David L. Stegall @stegall_RCES]

With more companies requesting cyber insurance, this is great advice to follow.

[Insurance Information Institute @iiiorg]

A recent @ambest report says insurers need to reassess all aspects of #cyberrisk, including #risk controls, modeling, stress testing, and pricing, to remain a viable long-term partner for dealing with cyber risk. https://t.co/EDhGDP6tR2 #cyberinsurance

[David L. Stegall @stegall_RCES]

When you’re in charge of peoples’ claims it’s important to stay updated on the legal side of things. Have you heard about NV moving to Public Option Law? Take a look at what that can mean if your practice is in NV.

#insurance #publicoption

https://t.co/V1YGSirP8p

[David L. Stegall @stegall_RCES]

Are you staying up to date post-pandemic? Keeping your business running is a long-term goal, what are you focusing on in the short term? We give you the tools to drive your business forward in 2021.

#insurance #underwriter

https://t.co/tzbF0CBBRy

[David L. Stegall @stegall_RCES]

Have you checked out @InsuranceBizUS 5-Star Program Administrators report? They select the best and brightest from their nominations to give us a comprehensive list of the top contenders in the business. Nominations are open, visit their page to apply.
#insurancebizus #insurance

[David L. Stegall @stegall_RCES]

Want to know when you might need RCES? We've got a bullet list for you to check out the link below. Please don't wait till you need help; get ahead of it and learn more today. #Insurance
https://t.co/BoA5gtOC0X