At its core, the industry is plagued by an inherent conflict of interest. Our customers dont have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 20142017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
A catastrophe report has found that the US re/insurance sector is on the hook for more than half of the total economic loss in April resulting from severe convective weather such as thunderstorms and tornados.
Businesses blocked doors with sandbags and officials warned residents of waterfront homes to be ready to evacuate as the northeastern United States braced for a powerful storm on Friday that threatened to flood coasts from Maine to North Carolina.
A storm left almost 600,000 homes and businesses across the Northeast without power early Monday. National Weather Service meteorologist Joe Dellicarpini said there were reports of downed trees around the region and roads that were impassable in spots due to flash flooding.
The owner of a tall ship that crashed into four other boats in Rhode Island after a seafood festival is blaming the incident on a dock line that became entangled on its two propellers. The SSV Oliver Hazard Perry crashed Sunday in Newport Harbor.
The unsolved deaths of Nathan Carmans mother and grandfather are spooking witnesses from an insurance company thats fighting him in court over his $85,000 claim for the boat that disappeared with his mom.
Alabama officials, like state and local leaders around the country, expect disaster recovery costs to continue to grow as people live in vulnerable areas and climate change increases the frequency and intensity of natural disasters.
If you want some idea of the complex interconnections of the packaged food industry, just try to figure out how one seemingly innocuous ingredient could lead to massive recalls of millions of units of everything from fish sticks to meatballs to chicken fingers.
On Friday, the meteorology community was riding a major high as stunningly high-definition images came in from the nations newest and much-anticipated earth observation satellite. The high came crashing down that evening, though, as the first hints of significant cuts to the budget of the National Oceanic and Atmospheric Administration began to emerge.
People sparked most US wildfires in recent decades, causing longer fire seasons and increasing the amount of scorched earth, according to a new study published Monday. Researchers found that humans caused 84 percent -- or four out of five -- of the total 1.5 million wildfires studied between 1992 and 2012.
In addition, human actions tripled the length of the fire season during those two decades and were responsible for 44 percent of the total acreage burned, researchers reported in Proceedings of the National Academy of Sciences.
United Technologies Corps (UTX.N) Carrier unit expanded a recall of some air conditioners and heat pumps as their power cord plugs can overheat, posing a fire risk, the U.S. Consumer Product Safety Commission said on Thursday.
It may not come as a surprise that bruises and open wounds are the most common injuries in every state across America — with the one exception of Colorado, where youre more likely to have be injured by a fall. But did you know that over-exertion is disproportionately common in North Dakota, and a near-drowning experience six-times more likely in Hawaii?
Allstate Insurance Company has filed a lawsuit accusing licensed chiropractors of insurance fraud. The suit specifically points to the owner of a clinic. The owner is accused of falsifying medical records in order to increase the size of the insurance claims.
This emerging market is rapidly growing strength throughout the United States with legalized cannabis. The marijuana insurance industry has exploded since certain forms and uses of medicinal cannabis received approval.