Colorado Wildfires Spread To Ski Resort Towns, Force More Evacuations
Wildfires in Colorado spread Tuesday, triggering new evacuation orders and threatening a popular ski resort area.
June 13, 2018
Property
Colorado
U.S. Insurers Face Roughly $2 Billion In Losses From Severe Weather Events In May
Aon has launched the latest edition of its monthly Global Catastrophe Report for the month of May, which found that the US suffered considerable disaster-related losses despite a “quieter” start to the tornado season.
June 12, 2018
Auto
Property
Colorado
District Of Columbia
Illinois
Iowa
Kansas
Wind-Driven Wildfire Threatens Colorado Community; 825 Homes Already Evacuated
A wildfire raging largely unchecked on Wednesday in southwest Colorado forced hundreds of residents to prepare to evacuate and could spread to other states, officials warned.
June 7, 2018
Property
Colorado
May Storms Cause $2.5B In Insured Damages: Report
Twelve states will each see insured damages topping $100 million as the weather system that hit the U.S. from May 11-16 caused a total of $2.5 billion in commercial and residential claims, according to a report Tuesday from Boston-based catastrophe modeler Karen Clark & Co.
June 1, 2018
Property
Colorado
Connecticut
Illinois
Indiana
Iowa
NTSB Advocates For Seat Belts On School Buses In Wake Of Fatal Wrecks
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.
May 24, 2018
Excess & Surplus Lines
Legislation & Regulation
Alabama
Alaska
Arizona
Arkansas
California
Insurance’s Flawed Business Model
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.
May 24, 2018
Risk Management
Alabama
Alaska
Arizona
Arkansas
California
Animal-Related Insurance Claims Top 1.7M In Four Years
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.
May 23, 2018
Auto
Alabama
Alaska
Arizona
Arkansas
California
Insurers Expected To Pay $1.5B For April’s Severe Weather
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.
May 10, 2018
Auto
Catastrophe
Property
Alabama
Alaska
Arizona
Arkansas
California
Denver’s 2017 Hail Storm Losses Underestimated By $900M
The massive hail storm that pummeled the northern Front Range a year ago generated nearly $900 million more in damage than first estimated, as claims from homeowners doubled in the months that followed.
May 8, 2018
Auto
Catastrophe
Property
Colorado
Skunk’s Death Under Home Leaves Malodors, Insurance Denies Claim
Five weeks later, Tiffany Harris says her Littleton home still smells like skunk. "I’ll never forget it. It was 6 a.m. on a Sunday morning and I woke up because my sheets suddenly smelled like skunk," she said.
May 4, 2018
Property
Weird
Colorado
5 Injured As Stolen Tractor-Trailer Rams Cars In Colorado
The driver of a stolen tractor-trailer in Colorado deliberately rammed into vehicles and caused numerous injuries before finally being taken into custody by police, who fired on the rig in an effort to stop the rampage, authorities said Sunday.
April 30, 2018
Auto
Excess & Surplus Lines
Liability
Subrogation
Colorado
Denver Deputy Submits Proof Of Loss For Same Ring Twice
Consider what happened over the weekend inside the downtown Denver jail equal parts unusual and awkward. With a warrant in hand, Denver police officers walked into the jail looking for a suspect in an insurance fraud case on Saturday.
April 24, 2018
Fraud
Property
Colorado
Wildfire That Consumed 23 Homes In Colorado Was Human-Caused
Although the actual cause of last week’s more than 42,000-acre grass fire in southern El Paso County hasn’t been determined, authorities said Saturday that it was started by a person.
April 23, 2018
Property
Colorado
Speeding Semi Causes 9-Vehicle Pileup In Greeley, Colorado
Nine vehicle were damaged in a pileup caused by a speeding semitruck on Tuesday, the Greeley Police Department said.
April 20, 2018
Auto
Excess & Surplus Lines
Liability
Colorado
Semi-Trailers Pile Up On Interstate In Whiteout Conditions
I-76 was shut down both ways on Tuesday afternoon after a pileup in the westbound lane. The incident took place about four miles west of Fort Morgan after a strong gust of wind created extremely low visibility.
April 19, 2018
Auto
Excess & Surplus Lines
Liability
Subrogation
Colorado
