Louisiana and Mississippi residents were under evacuation orders on Monday as Tropical Storm Sally churned across the Gulf of Mexico and was strengthening to a hurricane, the U.S. National Hurricane Center said.
The global pandemic and the associated issues that 2020 has brought, ranging from health risks and social distancing to economic strain and supply-chain difficulties, have framed a year unlike any other. Insureds and claims departments alike are dealing with a host of unprecedented concerns and challenges.
A Jay man charged with arson and insurance fraud is accused of drastically increasing the coverage of his home’s insurance policy not long before dousing the house in gasoline and setting it on fire.
The city of Charleston, South Carolina filed a lawsuit against two dozen of the largest pipeline and oil conglomerates, saying the firms are responsible for making the floods that often hit the port city more frequent and more damaging.
Nursing homes and managed care facilities across the country have been coronavirus hot spots, accounting for hundreds of thousands of cases. Often filled with elderly patients with underlying health conditions living in close quarters, these facilities have been a perfect breeding ground for the virus.
The global pandemic isn’t necessarily causing a large number of problems around insurance issues in the real estate sector, but it’s clogging up the pathway to making things better.
Wildfires fueled by extreme heat and high wind spread further across California, Oregon and Washington on Thursday, destroying hundreds of homes and killing at least seven people.
As evidenced by Hurricane Laura and other significant events, including the flooding in the Midwest last year, floods pose a serious risk to property owners across the country.
Self-insured employers facing the threat of COVID-19 workplace safety litigation could opt to accept infection workers compensation claims, as exclusive remedy clauses could provide better protection from expensive lawsuits later on, according to legal experts.
Hurricane Laura survivors who are insurance policy holders were impacted by a new emergency rule by the Louisiana insurance commissioner which enables residents to file insurance claims during a situation when hundreds of thousands are still without electricity in Southwest Louisiana.
Wildfires fanned by high winds burned hundreds of thousands of acres in the Northwest, mostly destroying a small town in eastern Washington state and causing evacuations, power outages and highway closures in Oregon.
A little while ago, I applied for an internal position I really, really wanted. It meshed well with my skills and enthusiasm for insurance. It also would have helped me grow in ways that I would not have thought possible this early on in my career.
First came the virus. Then came the lawsuits. With businesses stopped in their tracks, many have turned to their insurance companies for business interruption coverage — only to get denied.
We have said it for years: Most of our claims are not going to trial and may never see the inside of a courtroom. Instead, in all likelihood, mediation or informal negotiations is where we’re going to get the case resolved.
