Insurtech Launches Usage-Based Drone Coverage
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.
August 2, 2018
Excess & Surplus Lines
Liability
Technology
Alabama
Alaska
Arizona
Arkansas
California
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
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
Insurances Flawed Business Model
At its core, the industry is plagued by an inherent conflict of interest. Our customers dont 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 20142017. 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 Aprils 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 Matthews 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 Companys 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. Heres 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



