Insurers are beginning to answer questions around how and when blockchain will be fully utilized in the industry, as multiple organizations continue to launch new proofs of concepts to test out the ledger technology.
A catastrophe report has found that the US re/insurance sector is on the hook for more than half of the total economic loss in April resulting from severe convective weather such as thunderstorms and tornados.
Construction defect claims often are complicated by a variety of issues, including those related to the statute of repose and contractual bars to recovery.
From U.S. Attorney’s Office — A federal grand jury returned a 40-count indictment on May 2, 2018, charging 12 individuals with federal violations related to an insurance fraud scheme in the Eastern District of Texas, announced U.S. Attorney Joseph D. Brown today.
Montana authorities ordered the evacuation of 60 homes Tuesday as the rising Clark Fork River submerged a neighborhood west of Missoula and potentially threatened hundreds of additional residences.
Two years after the devastating Fort McMurray fire in Canada, wildfire insurance problems continue to plague homeowners. In fact, only 20 percent of the destroyed homes are rebuilt.
An influx of visitors last week brought more traffic than usual to the spring Thunder Beach Motorcycle Rally and more than twice as many motorcycle accidents as last year, according to Panama City Beach Police Chief Drew Whitman.
Any risk manager knows that the wording of a contract is important. Yet construction contracts are often completed without a thorough analysis of the underlying insurance requirements, or a review of the terms of the insurance coverage expected to cover losses arising from the project.
A former NFL player must face an insurance fraud lawsuit, an appeals court has ruled. The Ninth US Circuit Court of Appeals has reversed the dismissal of a lawsuit against former NFL defensive tackle and Survivor contestant John Broward “Brad” Culpepper, who is currently a Florida personal injury attorney.
The massive hail storm that pummeled the northern Front Range a year ago generated nearly $900 million more in damage than first estimated, as claims from homeowners doubled in the months that followed.
A couple of burglary suspects managed to steal half a million dollars worth of merchandise from one North Carolina jewelry store.<br />In just six minutes, the owners of Artisan Jewelers in Cary say the thieves made off with hundreds of thousands worth of gold, diamonds and watches.
