When property owners think of water damage, weather-related causes such as storms or flooding usually come to mind, and they take necessary measures to mitigate these risks.
The Salerno family was house shopping for a year before they closed on a two-story home in Street. Moving from a townhouse, the family saw in the property ample room for their two kids — and third on the way — when they closed on it in June. A little over a month later, the home is charred by fire damage, and the family forced to stay in a hotel.
Two universities based in the state of Missouri have filed a class action lawsuit against their shared insurer, arguing that the insurance company denied their business interruption claims for losses sustained during the COVID-19 pandemic.
A small plane crashed in a suburban Salt Lake City neighborhood, killing at least three people, police said. The crash happened Saturday afternoon when a Piper PA-32 aircraft carrying six people crashed into a backyard in the city of West Jordan, Federal Aviation Administration spokesman Allen Kenitzer said.
A national women’s fashion boutique is suing its insurer for $28 million over wrongful denial of coverage, alleging that the insurer denied the retailer’s business interruption claim for pandemic-related losses just days after it was filed.
As expected, Hurricane Hanna made landfall at around 5 p.m. Saturday just south of Baffin Bay as a Category 1 storm. What was not expected was the size of its storm surge and the devastation it would leave behind.
Despite a rocky rollout from its first attempt, Tesla is eyeing a full-fledged insurance product using data collected from its vehicles to offer cheaper premiums than traditional insurers.
Alcohol-detection systems that stop people from drinking and driving could prevent more than a quarter of U.S. road fatalities and save upwards of 9,000 lives a year, a new study from the Insurance Institute for Highway Safety shows.
Over the last decade, the insurance industry has undergone dramatic changes that have catapulted it to the forefront of the American consciousness, driven by advancements in technology, shifts in consumer demand and growth in creative advertising.
As the global workforce trends towards remote work environments, employers need to learn how to navigate a new normal. Supervisors are now responsible for remote workforce management, which comes with its own set of unique challenges and opportunities.
Eberl Claims Service and US Adjusting Services have announced that they have combined their business operations. Eberl will acquire certain assets and the business of US Adjusting Services, and both businesses will operate together.
There are three systems from the Atlantic to the Pacific Ocean that could threaten the U.S. with tropical rain and wind. The most imminent storm is tropical depression eight, which is forecast to become Tropical Storm Hanna.
The upcoming Atlantic hurricane season and California wildfires in the autumn may be more extreme than usual, the German reinsurer Munich Re said on Thursday.
