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Roads, Homes Flood Throughout Hoboken As Tropical Storm Fay Drenches NJ

Roads, Homes Flood Throughout Hoboken As Tropical Storm Fay Drenches NJ

Tropical Storm Fay formed quickly off the coast of the Carolinas Thursday, but after rolling through New Jersey all day Friday the impacts of the storm will not be soon forgotten.
July 13, 2020 Auto Property New Jersey

Violent Storms Create Hail, Flash Flooding In Philadelphia Area

Violent Storms Create Hail, Flash Flooding In Philadelphia Area

The first hint of the trouble to come popped up on radar at noon Monday - an unexceptional patch of light rain over an area from Clifton Heights to Glenolden, Delaware County.
July 8, 2020 Auto Property Pennsylvania

CCC Says Photo Estimating Booms; LexisNexis Calls 2020 Virtual Claims Tipping Point

CCC Says Photo Estimating Booms; LexisNexis Calls 2020 Virtual Claims Tipping Point

CCC last month reported the COVID-19 response has produced a record expansion rate "exceeding double-digit growth" for photo estimates and "AI-supported claims" since Jan. 1. Insurers recently produced their 3 millionth photo estimate since 2018, according to CCC.
June 30, 2020 Auto Technology

Fatal Crashes Up: Lockdowns Put the Brakes On Traffic, But Not Speeders

Fatal Crashes Up: Lockdowns Put the Brakes On Traffic, But Not Speeders

Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters analysis shows.
June 26, 2020 Auto Liability

3 N.J. Men Charged In Theft Of $1.5 M In Luxury Vehicles

3 N.J. Men Charged In Theft Of $1.5 M In Luxury Vehicles

Three men — one from Union County and two from Essex County — have been charged for their roles in a car theft-ring that stole about $1.5 million in luxury vehicles last year in New Jersey, New York and Connecticut, authorities said .
June 25, 2020 Auto New Jersey

Amarillo, Texas Hail Storm Considered Catastrophic Due To High Volume Of Insurance Claims

Amarillo, Texas Hail Storm Considered Catastrophic Due To High Volume Of Insurance Claims

Friday’s hail storm in Potter and Randall Counties was declared a catastrophic event, meaning over 500 insurance claims were made in each county. The Insurance Council of Texas is projecting around 2,800 auto claims and around 1,600 homeowners claims in Amarillo from the first round of hail storms in Amarillo.
June 23, 2020 Auto Catastrophe Property Texas

Custom Wrangler, Special Edition Ford Truck Sunk Trying To Save Exotic Boat

Custom Wrangler, Special Edition Ford Truck Sunk Trying To Save Exotic Boat

What should have been an enjoyable day out on the water turned into an expensive serious of events for a boat owner in Indiana.
June 22, 2020 Auto Indiana

Jeep Recalls 95K To Fix Transmission Issue

Jeep Recalls 95K To Fix Transmission Issue

Fiat Chrysler is recalling almost 95,000 Jeep Cherokees worldwide because a transmission problem can cause the small SUVs to lose power unexpectedly. Also, when drivers shift into park, the transmissions may not go there, increasing the risk of a rollaway crash.
June 19, 2020 Auto Subrogation

Auto Insurance Websites Are More Important To Customer Experience Than Agents

Auto Insurance Websites Are More Important To Customer Experience Than Agents

The J.D. Power 2020 U.S. Auto Insurance Study released last week revealed that auto insurance websites have become more important to the customer experience than human agents for the first time.
June 17, 2020 Auto Technology

COVID-19 Has Accelerated Changes In Auto Claims

COVID-19 Has Accelerated Changes In Auto Claims

Auto insurance customers should enjoy a shorter claims journey if pandemic-related changes stick around, insurance pros told Canadian Underwriter recently. Social distancing rules related to the COVID-19 pandemic have forced the insurance industry, along with its customers, to adopt technology for insurance-related services.
June 17, 2020 Auto Technology

Storm Leaves Catastrophic Hail Damage In Calgary

Storm Leaves Catastrophic Hail Damage In Calgary

The weekend hailstorm that tore up houses, smashed car windows and flooded streets in Calgary is expected to be labelled a natural catastrophe, according to an insurance expert.
June 17, 2020 Auto Catastrophe Property

IIHS Study: SUVs More Deadly To Pedestrians Than Cars

IIHS Study: SUVs More Deadly To Pedestrians Than Cars

SUVs are more likely than passenger cars to injure or kill pedestrians, according to a new U.S. insurance industry study which recommended design changes to improve safety.
June 16, 2020 Auto Liability

Top 10 Bizarre Insurance Claims

Top 10 Bizarre Insurance Claims

Insurance plays a significant role in everything imaginable. One reason why is because it must be legally owned to perform certain activities - think of auto insurance and driving a car; other examples of compulsory insurance include workers' compensation and professional liability insurance.
June 12, 2020 Auto Liability Property Weird Workers' Compensation

How An Independent Adjusting Firm Is Handling Property Inspections

How An Independent Adjusting Firm Is Handling Property Inspections

Despite the unprecedented closures and precautions arising from the ongoing pandemic, claims adjusters continue to inspect properties affected by disasters.
June 12, 2020 Auto Property

Estimated Insured Losses From Tropical Storm Cristobal Near $150M

Estimated Insured Losses From Tropical Storm Cristobal Near $150M

Catastrophe modeling firm Karen Clark & Company (KCC) estimates that insured losses from Tropical Storm Cristobal will reach nearly $150 million. KCC’s estimate, which was based on its high-resolution US Hurricane Reference Model, includes privately insured wind and storm surge damage to residential, commercial, and industrial properties and vehicles.
June 11, 2020 Auto Property Alabama Louisiana Mississippi
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