Hurricane Ian was a devastating storm for southwest Florida. While out in the Gulf of Mexico, it became a high-end category 4 hurricane early on September 28, 2022 and made landfall later that afternoon. The areas where Ian made landfall will likely have little potential for subrogation. There will, however, be opportunities for subrogation along the storm’s path across the state of Florida.
Inflation was running hot even before Russia’s invasion of Ukraine, driven by higher commodity prices, supply-chain interruptions, and high energy prices. The war in Ukraine caused further price shocks for a wide range of commodities, energy and food.
Preliminary analysis of Hurricane Ian’s deadly storm surge suggests the Gulf of Mexico pushed as high as 15 feet above normally dry ground on Fort Myers Beach as it made landfall, the National Hurricane Center said Thursday.
A Chevy Bolt battery lawsuit will continue in court, although several claims were dismissed in the most recent court action of the case. The Chevrolet Bolt battery class action lawsuit was consolidated from eight separate class actions.
A large property loss claim can be worsened by theft or adverse weather events during the initial logistics stage if insurers don’t act quickly, a contractor expert warned during the Ontario Insurance Adjusters Association’s claims conference in Toronto Wednesday.
A verdict has been served against State Farm Insurance Company, ordering the insurer to pay $6.5 million to a woman who had sued the company over unpaid collision injury claims.
Allstate Insurance recently published its quarterly Identity Fraud in Focus report, in which it surveyed 2,200 American adults and found that 17 percent of them had seen or been contacted by a suspicious job opportunity in 2022.
The last week of September, 2022, the State of Florida braced for what was categorized to be one of the worst storms to make landfall in U.S. history. Initially, all weather channels displayed the storm’s trajectory heading towards Tampa Bay.
There are many reasons, or excuses, for ignoring insurance fraud, even among insurance professionals. ‘The special investigations unit (SIU) handles all that,’ or ‘Fraud is just inevitable, everyone does it,’ or, worse, ‘We can just pass the costs on through higher premiums.’
Nearly three dozen contractors with a criminal past have started a door-to-door campaign to Florida homes damaged by Hurricane Ian, according to the National Insurance Crime Bureau (NICB).
The Louisiana Department of Insurance (LDI) has approved Louisiana Citizens’ request for a 63% rate increase on its residential property insurance policies beginning January 1, 2023.
Drivers who use partial automation on a regular basis often treat their vehicles as fully self-driving despite widespread warnings and numerous high-profile crash reports, a new study from the Insurance Institute for Highway Safety shows.
It’s no secret that talent shortages are impacting vast swaths of the American economy. Sectors such as transportation, health care, and education are particularly hard hit. Insurance is no exception.
In August, flooding immersed Pakistan as three months of monsoons, following a drought, took their toll on farmland and humanity. The previous month, Vancouver, Canada launched a lawsuit against oil producers, placing the blame for climate change on them.
