Larry Bache, Drew Houghtonand I gave a presentation to roofers and contractors at RoofCON in Oklahoma Metropolis immediately. The presentation offered a framework and historical past of how the insurance coverage trade has efficiently eroded the rights of policyholders in Texas, then Florida, and now Oklahoma.
In the course of the speech, we took a couple of minutes to take a Merlin Ballot. I’ve been conducting this ballot from viewers members in numerous my speeches since final Spring. It asks the viewers to vote for the fairest paying residential and industrial insurance coverage provider. It additionally asks who’s the worst paying residential and industrial insurance coverage provider.
I used to be shocked that USAA was voted the fairest paying residential insurance coverage provider. Perhaps I shouldn’t be, as a result of a gaggle of Texas public adjusters at a TAPIA assembly voted USAA because the second-best paying residential insurance coverage firm behind Chubb. Chubb gained immediately’s vote for the quickest paying industrial insurance coverage firm.
I can hear numerous readers considering, “Chip, who’s the worst paying insurance coverage firm?” On this RoofCON vote, State Farm was voted the worst paying residential and industrial insurance coverage firm.
The variety of companies at RoofCON highlighting their use of Synthetic Intelligence should have been 95%. Is AI additionally taking up the roofing trade? I don’t assume an AI robotic goes to be nailing shingles any time quickly. However AI and its presence within the roofing trade can’t be denied. I’ll write extra about this subject as a result of AI appears to be pushed throughout all industries, even when its worth appears marginal.
Thought For The Day
“USAA’s broader mission — to supply wonderful service and stand financially robust for its members — reinforces that their claims method isn’t simply transactional however a part of a member-first tradition rooted in serving navy personnel and their households.”
—USAA Web site
