The lead singer of the rock band Modest Mouse — who once sang in a hit song that “I backed my car into a cop car the other day” — was sued Wednesday for crashing into a pickup truck in August 2016.
From mold to Legionella bacteria outbreaks, environmental- and pollution-related losses on commercial properties are on the rise, and these types of claims will only increase in the wake of Hurricanes Harvey and Irma. As a result, closer attention is being paid to pollution exclusions on property and liability policies.
Chief Financial Officer (CFO) Jimmy Patronis and the Florida Department of Financial Services (DFS) announced today the recent arrest of Renee De La Maza for insurance fraud and grand theft following her attempt to file a damage claim against a new insurance policy after already receiving a $60,000 insurance payout from her former insurance provider for the same damages.
The upcoming legalization of marijuana will “impact virtually every line of business” of the insurance industry and introduce a whole new hazy world of risks, a managing general agent said Friday.
A negligence lawsuit after a flood—against a company in charge of watching building automation systems—was recently tossed out of court because of the terms of the lease agreement. A plumbing firm paid settlements to tenants after a building flood, and then sought to recover the money from the property management firm responsible for overlooking the building automation systems.
Chat windows, faster policy statements, intuitive agent portals and robotic technologies are among the new generation of weapons insurers intend to use to compete with “born-digital” companies.
The straight-line winds that hit Findlay on Nov. 5 caused at least $250,000 in damage to Findlay City Schools property, and that total is expected to rise, Superintendent Ed Kurt said at a special school board meeting Tuesday.
Brooke Owens has always been one to raise a helping hand. For the second year, the Redondo Beach mom opened the doors of her flower shop on Pacific Coast Highway to serve Thanksgiving dinner to the homeless.
A fire broke out in the Viacom building in Times Square on Monday evening, forcing the evacuation of more than 100 people, officials said.<br /><br />Approximately 84 firefighters responded to the 45-story building on 45th Street and Broadway around 4:15 p.m. after reports of smoke in a basement parking garage, officials said.
SANTA ANA, Calif. (AP) — A Southern California attorney pleaded guilty Monday to running a scam that authorities say collected more than $50 million from wealthy Chinese investors seeking green cards.
BMW last week issued a stop-sale order and recall for every i3 in the United States, meaning from the 2014 model up to the present 2018 car. A total 30,542 cars are affected.
Lowcostcarinsuranceprice.com has released a new blog post explaining thatcar insurance claims can increase the policy’s costs.<br /><br />Car insurance pays benefits after an accident. The insured can claim benefits to repair his or her car. This will have an effect on car insurance rates as it will make premiums more expensive. This means that the initial prices of a policy are very important.
Honda has issued a recall for just under 807,000 Honda Odysseys from the 2011 to 2017 model years, as well as a stop-sale on Odysseys from those model years. The reason is that the second-row outboard seats, which can be positioned closer together or farther apart, might not properly latch when being installed in one of the positions.
Verifying the number of hours a driver uses ridesharing services such as Uber and Lyft could be problematic for underwriters and adjusters, one adjuster told Canadian Underwriter on Wednesday.
