This summer brought a surge of natural disasters across the U.S. One in three Americans experienced a natural disaster this summer, according to The Washington Post.
In 2020, catastrophic weather, including severe wildfires, seven major hurricanes and a destructive derecho drove the proportion of catastrophe losses up 40% from 2019.
Climate change does not stop being a threat to major cities in the United States. Scientists around the world have already warned that if a series of actions are not taken into account to reduce the burning of fossil fuels by the year 2100, the planet will face a sea â€,â€,level rise between 4.3 and 9.9 meters.
Tesla Inc. is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of the automatic emergency braking system, the National Highway Traffic Safety Administration said Tuesday.
A new report by renewable energy underwriter GCube Insurance argues that corrective action is needed within the offshore wind sector to incentivise quality control processes and accountability for financial losses.
The nationwide surge in used vehicle prices has given an unexpected boost to auto insurance customers who experience a total loss---their vehicles might be worth more than they thought.<br /><br />
The MCCA, a nonprofit corporation with a board controlled by the insurance industry that manages a fund that pays for catastrophic care, should issue the refunds, Whitmer said. The fund, which has assets of more than $27 billion, gets its money from surcharges paid by insured motorists.
Thousands of Louisianans seeking federally provided travel-trailers may have to wait months longer, FEMA’s top official said Monday. The Federal Emergency Management Administration has identified about 3,000 people who will qualify to get the trailers, Administrator Deanne Criswell said.
A valiant effort by a California workers’ compensation carrier to make it more difficult for an employee to argue employer fault and settle around a workers’ compensation carrier’s statutory lien and right of reimbursement fell on deaf ears recently, when the California Court of Appeals rejected the notion that the workers’ compensation carrier has adequate standing to challenge . . .
The contiguous United States has seen a near-record number of tornadoes spawn this October -- and the reason may stem from an "unusual event" that occurred in the Pacific Ocean.
The chocked-up marine supply chain, as illustrated by news photos of ships sitting at ports for long periods waiting to be unloaded, is becoming an issue of increasing concern to the insurance industry.
As the changing climate makes extreme weather more common, more and more people are dealing with damage to their homes and property. That’s what insurance is for, right?
Since the Covid-19 pandemic’s emergence, coronavirus-related negligence cases have appeared, leaving physicians, liability insurers, and malpractice attorneys anxious.
