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

New Bill Aims To Prevent Insurers Checking Education Levels, Incomes

A bill filed last week could potentially prevent insurance companies from charging customers based on their educational background and/or income. Specifically, the bill — sponsored by a New Jersey congresswoman — would prohibit certain income information from being used to set insurance rates.
April 20, 2018 Auto Legislation & Regulation Risk Management District Of Columbia

Hurricane Forecasters Shrinking ‘Cone Of Uncertainty’

The National Hurricane Center is making changes to its “cone of uncertainty” based on an improving forecast record. The cone is designed to show people where the center of a storm is likely to head.
April 19, 2018 Catastrophe Property Alabama Delaware District Of Columbia Florida Georgia

Legislators Pass National Flood Insurance Program Bill

A controversial flood insurance bill has been passed in the House as Republicans overcame bipartisan opposition. This legislation will both reauthorize and overhaul the National Flood Insurance Program (NFIP).
November 16, 2017 Legislation & Regulation Property District Of Columbia

Questions Loom For National Flood Insurance Program

Now firmly in the heart of hurricane season and less than two months away from the anniversary of Hurricane Matthew’s visit to St. Johns County, property owners who need flood insurance are about to be thrown into a situation of uncertainty.
August 15, 2017 Legislation & Regulation Property District Of Columbia Florida

14 Trump Hotels Affected By Company’s Latest Hack Attack

Marking the third such breach in the last two years, Trump Hotels notified guests this week that 14 of its properties have been affected by a hack attack, exposing guests’ full names, emails, addresses, and credit card information, including expiration dates. Here’s what you need to know.
July 12, 2017 Excess & Surplus Lines Liability Technology District Of Columbia Hawaii Illinois New York

House Passes Limits On Malpractice Damages

A medical malpractice bill that limits attorney fees and some patient damage fees in civil lawsuits was passed by the House on Wednesday by a narrow margin of 218 to 210, with numerous Republicans voting against the measure.
June 29, 2017 Legislation & Regulation Liability Litigation District Of Columbia

2 CSX Rail Workers Killed By Amtrak Train In D.C.

Two CSX rail workers were struck and killed late Tuesday by an Amtrak passenger train in Washington, D.C., officials said. CSX issued a statement Wednesday that said the workers were on tracks near the intersection of Ninth Street and New York Avenue when they were struck just before midnight.
June 28, 2017 Workers' Compensation District Of Columbia

D.C. Apartment Building Fire Displaces 200

A man died in the 3-alarm fire that broke out at a D.C. apartment building Saturday, fire officials say. It was a chaotic and terrifying scene in Northwest D.C. as an inferno engulfed the building while hundreds of people were sound asleep.
June 26, 2017 Excess & Surplus Lines District Of Columbia

Driverless Cars Speed Onto Political Agenda

Lawmakers in the House and Senate are crafting a package of autonomous vehicle bills due out this summer, the Trump administration is rewriting federal guidelines for driverless cars and K Street has increasingly ramped up lobbying on the issue.
June 22, 2017 Legislation & Regulation Technology District Of Columbia

Massive Recall Of Meatballs, Chicken, Fish Tied To Mislabeled Bread Crumbs

If you want some idea of the complex interconnections of the packaged food industry, just try to figure out how one seemingly innocuous ingredient could lead to massive recalls of millions of units of everything from fish sticks to meatballs to chicken fingers.
June 14, 2017 Life & Health Connecticut Delaware District Of Columbia Maryland Massachusetts

Forecasters Predict Above-Normal Atlantic Hurricane Season

Forecasters say the Atlantic could see another above-normal hurricane season in 2017. Forecasters predicted 11-17 named storms, five to nine hurricanes and two to four hurricanes could be "major" with sustained winds of at least 111 mph.
May 26, 2017 Catastrophe Property Delaware District Of Columbia Florida Georgia Maryland

More Travelers Purchasing Insurance Against Terrorism Losses

Leading travel insurance trends aren’t just focused on hurricanes and illness anymore. A considerable number of traveler inquiries are now seeking to make certain that they are protected against losses from terrorism, too.
April 19, 2017 Alabama Alaska Arizona Arkansas California

Concerns That Insurance Antitrust Law Could Hit P&C Industry

Congress appears to be taking steps to block health insurers from pooling loss data - and the industry fears this could open a Pandora’s Box that would lead to a broader removal of the privilege for all insurers in the future.
March 23, 2017 Legislation & Regulation Life & Health Property District Of Columbia
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