The active 2017 hurricane season has led to a sudden influx of travel insurance claims as vacations and business trips see interruptions. This type of storm season has helped to demonstrate the value that this type of insurance coverage can offer travelers.
If you’ve been paying attention to your legislature, or you’ve attended a recent CIC meeting, or you’ve seen FenderBender’s extensive coverage of the issue, then you probably know about the rising relevance of photo estimates.
A large fire in an electrical substation shut Royal Dutch Shell Plc’s 227,586-barrel-per-day (bpd) Convent, Louisiana, refinery on Tuesday night, said sources familiar with plant operations.
Cliff Treese of Association Data brought some statistics to my attention involving earthquake (EQ) insurance in California. Going back as far as 2001, the percentage of properties without EQ insurance were: Homeowners 84-88%, Dwelling 95-97%, and Commercial 89-93%.
As Puerto Rico continues to plead for more aid from federal agencies, catastrophe-modeling firm AIR Worldwide says the storm could result in up to $72 billion in losses on the island.
Cora Angeles parked her car near a gas station at the foot of her Corona hillside neighborhood. With her granddaughter by her side, she said a prayer. “Put out the fire, Lord,” the 66-year-old said, through tears. “Please help us."
With the rapid advancements in autonomous vehicle technology and regulations, the auto insurance sector could decrease by 71 percent, or $137 billion, by 2050, according to a recent report by KPMG.
Pond Lehocky is the biggest player in town for workers’ compensation cases, targeting employees who get hurt on the job with TV ads and billboards that seem to loom on every stretch of Philadelphia’s highways.
A Harvey, Louisiana man is in intensive care after a dump truck backed over an occupied portable toilet at the new Louis Armstrong Airport terminal construction site this morning.
More than 900 data breaches led to nearly two billion records being compromised worldwide in the first half of 2017, digital security company Gemalto said in a new report.
Insurance carriers should concentrate on improving security governance, data protection and breach response strategies in the wake of the Equifax cyberattack, says Tom Benton, vice president of research & consulting at Novarica.
Unmanned aircraft — small and large — swooped in during the aftermath of Hurricanes Irma and Harvey to get a glimpse of the devastation. That’s why insurance companies have been using drone technology more than ever before to quickly — and safely — assess damage from the storm.
Airbags can save lives in the event of a crash, but in order to do so, they have to work properly. That’s apparently not the case for some 60,000 Mazda vehicles.
