While large sections of the U.S. regularly experience extreme cold spells, the week of February 14-19, 2021, will go down in the history books for residents of Texas. Dozens of people died due to homes, businesses, and Texas infrastructure not being able to handle temperatures well below freezing.
It seems there are more insurtech predictions than ever for P&C insurance in the new year. Some of my favorites include; rise of the ecosystems, embedded insurance (in just about every product and service) and big strides for AI and telematics.
Class action lawsuits were filed in Nevada against 10 major auto insurance companies on Tuesday, contending that the companies charged excessive insurance premiums during the pandemic by failing to account for a drop in driving and crashes.
A trust representing more than 80,000 victims of deadly wildfires ignited by Pacific Gas and Electric’s rickety electrical grid is suing nearly two dozen of the utility’s former executives and board members for alleged dereliction of their duty to ensure the equipment wouldn’t kill people.
In recent days, we have been watching a disaster play out in Texas. A blast of arctic air that plunged south caused natural gas and oil pipelines to freeze, interrupting the supply of fuel to power plants, and ultimately causing a massive blackout across the state.
Injury and workers’ compensation cases involving slips and falls on snow and ice during winter in America’s northern states, and southern states this year, continue to be a perplexing subrogation puzzle for insurance claims and subrogation professionals.
There were no injures reported after an 18-wheeler hit the side of a train carrying liquid petroleum Tuesday morning in Milam County, causing a huge explosion.
From Microsoft’s sophisticated HoloLens to Snap Inc.’s somewhat frivolous Spectacles, smart glasses hit the market in 2013 and have shown that they’re here to stay.
How old do you think Martin Luther King Jr. was when he was assassinated? That question has been used to help gauge how good people are at making predictions and to help them get better.
Although I am a native Texan, I grew up in Wisconsin. Therefore, I am no stranger to cold weather or the devastating effects it can have on people and property.
Coverage litigation arising from Winter Storm Uri’s impact on Texas is likely to be significant, due to the vast number of businesses hit both within the state and beyond, legal experts say.
It is a common and sometimes justifiable concern for some employees around the nation. They worry that if they file a workers’ compensation claim they will be fired by their employer.
The mother of an 11-year-old boy who died after they lost electricity and heat in their Texas mobile home during last week’s freeze has filed a $100 million lawsuit against two power companies for gross negligence.
New insurance premiums for the federal flood insurance program will soon be unveiled, but experts are concerned that some homeowners will be paying significantly much more than everyone else.
