The preparedness of U.S. businesses is still wanting despite lessons learned from Hurricane Sandy and the high hurricane activity, devastation and losses so far this Atlantic hurricane season, suggests Allianz Global Corporate & Specialty (AGCS).
At least three children were killed and six other people were critically injured after a driver in a pickup truck slammed into a horse-drawn buggy early Sunday in central Michigan, officials said.
A storm left almost 600,000 homes and businesses across the Northeast without power early Monday. National Weather Service meteorologist Joe Dellicarpini said there were reports of downed trees around the region and roads that were impassable in spots due to flash flooding.
A Florida man was convicted by a federal jury in Richmond on Wednesday in a 15-year insurance fraud scheme involving at least 27 fires in Richmond, Henrico County and Florida. Four co-defendants earlier pleaded guilty in the case.
A captain with the Metro Nashville Fire Department was arrested for arson and insurance fraud. The Tennessee Bureau of Investigation says the agency and Tennessee Fire Investigation Service launched an investigation into Jeffrey Neely on Sept. 7.
Insured property losses from wildfires that raged through Northern California wine country this month, killing at least 42 people and destroying thousands of businesses and homes, could total $2 billion to $3 billion, a risk-modeling firm said on Thursday.
On Oct. 29, 2012, Superstorm Sandy devastated coastal areas of New Jersey and New York, causing billions of dollars in damage, and killed dozens of people in the U.S. and Caribbean.
Flash flooding in Boone caused major damage to units in at least three different apartment complexes along Cedar Creek near Meadowview. The area is between the Boone Mall and the Walmart shopping areas. Dozens of cars at the units and at Walmart were inundated by the water.
Is the rapidly emerging cannabis insurance market risk free? — No. But as long as brokers follow the rules and know who they’re working with, it’s a fairly low risk proposition, according to Ian Stewart, partner and co-chair of the Cannabis Law practice team at Wilson Elser.
A group of Southern California law enforcement officers who rushed to save lives during a gunman’s deadly rampage in Las Vegas returned home wounded but alive. Yet, while they were hailed for their heroic efforts, there is one benefit they won’t be afforded as they recover physically and psychologically from the Oct. 1 attack: workers’ compensation.
When you bring in your recalled car to get a safety defect fixed, you might assume that the problem has been remedied. Yet owners of more than 342,000 previously recalled Kia Soul vehicles are finding out that their cars need to have the same issue repaired again.
Here’s a partial list of the wineries damaged or destroyed by the deadly fires that ravaged northern California earlier this month. The situation is fluid and the list will undoubtedly change as properties are assessed.
The number of structures destroyed by the 245,000-acre Northern California wildfires climbed to 8,400 and authorities warned Monday the total could continue to go up as crews assess damage in scorched areas.
A concept car equipped with external airbags to protect against fender benders is raising eyebrows at the Tokyo Motor Show. The body panels of the Flesby II ultra-compact vehicle are covered by a soft, next-generation rubber that can absorb the impact of a collision.
