Aon: Wildfire Claims Will Likely Exceed $10 Billion For Second Straight Year
Total insurance claims for wildfires in the US will likely exceed $10 billion for the second year in a row, according to a new report.
December 10, 2018
Catastrophe
Property
California
Californias Deadliest Wildfire Is Blamed In Lawsuit On Faulty Utility Transmission Tower
The Camp Fire, which killed at least 88 people in Northern California, was started by faulty steel rings high atop an electric companys transmission tower which brought dangerous live wires crashing down, a lawsuit claimed on Thursday.
December 7, 2018
Catastrophe
Liability
Litigation
California
Explosion Causes Fire At Bakersfield IKEA, Two People Injured
Two people injured during a fire at IKEA in Tejon on Sunday afternoon, according to the Kern County Fire Department. KCFD said an explosion caused a fire at the IKEA on Industrial Parkway.
December 5, 2018
Excess & Surplus Lines
Liability
Workers' Compensation
California
Small Insurer, Insolvent After Camp Fire, Has Millions In Claims Unpaid
Millions of dollars in potential losses from the Camp Fire have ruined a small Merced County insurance company, providing another element of uncertainty for homeowners following the deadliest and most destructive wildfire in Californias history.
December 4, 2018
Legislation & Regulation
Property
California
Radiology Office Manager Convicted In $22M Workers Comp Scam
An office manager for a medical practice was convicted Thursday for a workers compensation kickback scheme that defrauded insurance companies of more than $22 million, the San Diego District Attorneys Office announced Friday.
December 3, 2018
Fraud
Workers' Compensation
California
Insurers, Take Heed: Customer Experience After The Camp Fire
“Hi, Karlyn. Its your sister. Weve been evacuated. Theres a big fire up in Paradise that might head down our way. Just wanted to let you know were heading to our daughters house. We only had 15 minutes to grab stuff, but it probably is just a precautionary alarm. Call when you get a chance.”
November 28, 2018
Property
Risk Management
California
Class-Action Lawsuit Proposed Against Ford Motor Company For 6.7L CP4 Fuel Pump Failures
A Ford CP4 fuel pump lawsuit alleges the pumps cannot handle U.S. diesel fuel specifications, something Ford allegedly knew when the trucks were first sold.
November 28, 2018
Excess & Surplus Lines
Liability
Litigation
California
Subrogating The Northern California Wildfire
Fire-ravaged California is no stranger to the devastating loss of life and property at the hands of wildfires.
November 26, 2018
Subrogation
California
Technology Shapes Insurance Companies Response To Wildfires
As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from airplane flyovers and social media posts describing what was happening on the ground.
November 26, 2018
Catastrophe
Technology
California
California’s Camp Fire: Incredible Numbers And Images
In just two weeks, the Camp Fire in Northern California has destroyed more structures than the state’s other seven worst wildfires combined. The fire has also killed nearly three times as many people as the Griffith Park Fire – a record that stood for 85 years. And with 870 residents of Paradise and the surrounding area still missing, that total will likely rise.
November 21, 2018
Catastrophe
Property
California
Paradise Residents File Lawsuits Against Utility Company
A week after reporting a power-line outage near where the Camp Fire is suspected of starting, Pacific Gas & Electric said in a regulatory filing that it suffered a second problem with a high voltage line the morning the devastating fire ignited.
November 19, 2018
Liability
Litigation
California
Insured Losses From Camp And Woolsey Wildfires Estimated At $9-13 Billion: RMS
Risk modeling firm RMS said on Monday that it estimated insured losses from the Camp and Woolsey wildfires, which ravaged California, between $9 billion and $13 billion.
November 19, 2018
Auto
Catastrophe
Property
California
California Insurance Commissioner To Expedite Claims For Fire Victims, Allow Out-Of-State Adjusters
Insurance Commissioner Dave Jones issued an emergency notice Thursday to help expedite claims filed by victims recovering their properties from the California wildfires.
November 16, 2018
Catastrophe
Legislation & Regulation
Property
California
The California Wildfires: How Experts Track A Blaze to Its Origin
One huge fire was caused by a spark set off by a man with a hammer, working on a fence post in a field of dry vegetation. Another began at a backyard barbecue. A 2007 fire on Santa Catalina Island was ignited by workers cutting metal wires with a torch.
November 15, 2018
Catastrophe
Education & Training
Liability
California
21-Vehicle Pileup In Santa Cruz Due To Tractor-Trailers Brake Failure
Northbound Highway 1 opened 3:15 p.m. Tuesday in Santa Cruz County after authorities cleared 21 crushed vehicles after a tractor-trailers brakes failed and the truck slammed into stopped vehicles near River Street, according to California Highway Patrol.
November 15, 2018
Auto
Excess & Surplus Lines
Liability
Subrogation
California



