It remains one of the most difficult issues to deal within the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind and quality” or with “similar material.”

Ford has issued three recalls covering more than 1.4 million vehicles in North America.

Nearly 15,000 trucks manufactured by Paccar, Daimler and Autocar are being recalled for various defects, according to recent documents from the National Highway Traffic Safety Administration.

On Friday, November 30th, a magnitude 7.0 earthquake struck Alaska, approximately 10 miles northeast of Anchorage. Thankfully, the damage appears to be limited mainly to property loss, and a lot of that can be attributed to Alaska’s stringent building codes and standards.

A 7.0 earthquake eight miles north of Los Angeles, with millions of people within its reach, would likely be devastating.

Crashes are up by as much as 6 percent in Colorado, Nevada, Oregon and Washington, compared with neighboring states that haven’t legalized marijuana for recreational use, new research from the Insurance Institute for Highway Safety (IIHS) and Highway Loss Data Institute (HLDI) shows. The findings come as campaigns to decriminalize marijuana gain traction with voters and legislators in the U.S., and Canada begins allowing recreational use of marijuana this month.

The United States Coast Guard is suspending its search for three people missing after a helicopter crashed near Lituya Bay Friday evening. The Coast Guard announced that the search was suspended around 12:30 p.m. Sunday after more than 36 hours had passed since the crash.

Insurtech company REIN has launched DroneInsurance.com, with underwriting by Liberty Specialty Markets, providing usage-based insurance for commercial drone operators and simplifying the process of obtaining both base and liability coverage.

The Albuquerque, N.M. metropolitan statistical area (MSA) repeats as having the highest per capita auto theft rate in 2017, according to the National Insurance Crime Bureau’s (NICB) latest Hot Spots report.

An Army officer stationed in Alaska has been accused of filing nearly half a million dollars in phony insurance claims over about three years.

For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.

At its core, the industry is plagued by an inherent conflict of interest. Our customers don’t have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.

The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 2014—2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.

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.

Around eight years ago, when he was still a station foreman at Alaska’s department of transportation, Dan Schacher noticed that winter temperatures began fluctuating between very cold and the kind of cold that causes a mixture of rain and snow to hit freezing concrete and turn into ice.