Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.
The emergence of cast iron pipe (CIP) claims on the insurance landscape has placed adjusters, litigation defense and risk advisors in a difficult position because the damage to the pipe is not easily seen and the circumstances that contributed to discharges from pipe failures are not broadly understood.
When occasional backups, blockages, stoppages and overflows among pre-1970s homes with CIPs occur, the cause is often attributed to aging cast-iron drainpipes experiencing changes that diminish efficient waste transport and sometimes render the system unusable. CIP corrosion is complex and involves a variety of biological, chemical and physical stress factors on the interior and exterior of cast iron pipe surfaces. However, other environmental factors may result in stoppages that are often not taken into account.
Already have an account? Sign In Now
The 10 most dangerous cities in the U.S.
7 trends influencing the future of general liability insurance
The best-rated renters insurance companies of 2022
Make Smarter, Better and Faster Underwriting Decisions with Location Intelligence
Around 75% of claims professionals rate the outlook for their industry as positive.
Donald Dunn and Ralph E. Moon, Ph.D. | October 01, 2021
Part 2 of 2: Learn more about the most common cause of cast-iron pipe failure and how regulations and waste management play a role.
With an increase in mold claims, adjusters need to balance the need for mitigation and remediation against protecting the scene for an appraiser.
How to Move Towards a 'Predict and Prevent' Mindset
With advances in artificial intelligence and machine learning, it can be challenging to discern which technologies are right for your business. This guide will help you shift from a responsive to a proactive approach for mitigating P&C risk.
How to Turn Digital Experiences Into Profitable Insurance Customer Relationships
Digital insurtech companies are introducing a new scale of competition into the insurance market, the likes of which have never been seen before. This guide explores why a digital customer lifecycle outlook will be pivotal for insurers’ success in the years to come.
Transform Your Legacy Systems for a Digital Future
Carriers recognize that in order to stay competitive, relieve an overstressed workforce, and meet the demands of today’s customers and a new generation of employees, they can’t rely on inflexible legacy systems and unsustainable manual processes. Download this white paper and learn how to automate and simplify the complexities of core systems with targeted solutions, seamless upgrades, collaborative implementations and lower TCO.
Copyright © 2022 ALM Global. All Rights Reserved.