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Hurricane Ike - CAT Field Team Status
By Rick Wilson - Published September 21, 2008 - Viewed 3422 times
It was a good weekend for the CAT Team.
As we have previously advised we anticipate the salvor for the Houston Yacht Club to begin setting up on scene tomorrow and hopefully we will have some salvage operations underway starting late Monday or first thing Tuesday morning.
We had several salvage jobs occur over the weekend at Watergate Marine in the
Several salvage jobs were completed in the
The yard contract has been signed, we received the first of the trailers full of stands that were being stored in
Most of the insured’s have been contacted at this point and most of the salvage jobs are either under contract or in the process of being bid out for contract.
We already have damage appraisals in the process of being written and settlements should start flowing for the repairable boats this week. There is still a lot of salvage to be completed but once that gets underway this week, I think we should move quickly through a lot of these jobs.
It seems like the incoming claims have slowed down but I thank the underwriting department for their efforts to make contact with the insured’s in the area to flush out the claims that need to be reported.
Thanks for everyone’s help.
Assistant Vice President
BoatUS Claims Department
Director BoatUS CAT Team
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