The Insurance Information Institute (I.I.I.) has just released its whitepaper on wildfire mitigation — as at least 13 fires continue to burn across California.<br />“While our research has been in the works for the last year because of California’s catastrophic wildfires in 2017 and 2018, the wildfires we’ve seen in recent weeks makes these findings all too real and timely,” commented I.I.I. CEO Sean Kevelighan.
The thoroughbred horse Spring Racing Carnival is in full swing in the state of Victoria, Australia, culminating in the running of the Melbourne Cup, “the race that stops a nation.”
The work of a Norwegian geography academic is finally bearing fruit. Richard Heede spent a decade trying to determine whether he could pin down to what degree individual companies contributed to climate change.
I was working on a blog post this morning that turns out to have been based on an entirely fictional story. Researching it a bit further, we discovered that it was what has become commonly called “fake news,” and therefore not worthy of further dissemination.
In 2018, a fire ripped through the town of Paradise, California, killing 85 people. It was the deadliest and most destructive wildfire in the state’s history. <br />Liabilities from wildfires started by its powerlines bankrupted Pacific Gas & Electric, which cut off power to nearly one million homes and businesses last month to prevent wind from triggering and fanning fires.
The insurance and allied industries, including the actuarial sector, have been encouraged by progress in the quest for an extension of the federal terrorism insurance backstop program, observers say.
Florida CFO Jimmy Patronis said he won’t be happy until 100 percent of Hurricane Michael insurance claims are paid. On Monday, Patronis spoke to Florida Chamber of Commerce Insurance Summit attendees about the struggles of Panhandle residents still recovering from Hurricane Michael.
A federal judge has ruled against Nathan Carman regarding an insurance policy for his sunken boat. Carman was rescued off the coast of Massachusetts in September 2016. His mother Linda was also on the boat but hasn’t been seen since.
Kristin Bevilacqua-Nowell was asleep on her couch when she was awakened by the sound of her kitchen window blowing out and a wind tunnel of shattered glass pummeling through the first floor of her home.
A fire at the 117-year-old Pocono Manor Resort was finally doused late Saturday, but despite the efforts of between 15 to 20 different fire departments, it’s doesn’t appear much of the structure — once known as the“beautiful majestic lady" — can be salvaged.
The National Highway Traffic Safety Administration has launched an investigation into the possibility that battery defects in Tesla vehicles may have caused the cars to burst into flames.
The engines, big and small, came from all over the country to fight the Kincade fire in the Sonoma county wine region of California. There were trucks from Nevada, South Dakota, Colorado — and from the wildfire protection unit of home insurer AIG.
A small plane crashed into a vehicle Thursday in Ocala, Florida, killing both people on the plane and injuring the driver. The Beechcraft Baron had just taken off from Ocala International Airport for a maintenance flight before it "crash landed" on a six-lane road, hitting power lines and the SUV, authorities told ABC News.
Slick roads made for a scary Halloween drive. One car spun around on Eastbound I-70 3rd St. at the Polk-Quincy viaduct. Other vehicles were left in the ditch or off the road. One vehicle rolled on I-70 near West Union Road. Not too far away a military style truck collided with a tow truck.
