Illinois Joins Nationwide Trend: Setting New Professional Standards for Public Adjusters

As summer storms approach, Illinois residents are urged to be vigilant against unsolicited public adjusters claiming to spot hail damage. In response to rising insurance fraud, Illinois has enacted new legislation, Senate Bill 1495, to protect homeowners from storm chaser scams. This law caps public adjuster fees at 10% of settlement claims and mandates transparency in contracts. With 46 states already implementing professional standards, Illinois joins a nationwide movement to ensure fair practices in the insurance industry. Discover how these changes impact your rights and what you need to know to safeguard your interests.

Uncovering Fraudulently Incorporated Professional Service Corporations

Uncovering fraud in the medical field can be complex, but a recent New York Court of Appeals ruling highlights fraudulent incorporation. The case, Carothers v. Progressive Ins. Co., reveals how unlicensed individuals exploit professional service corporations. With high fees and questionable practices, it underscores the need for vigilance in identifying fraud. Learn about fraudulent incorporation and how insurers can protect themselves.