Dozens Of Apartments, Cars Damaged By Floodwaters In Boone, North Carolina
Flash flooding in Boone caused major damage to units in at least three different apartment complexes along Cedar Creek near Meadowview. The area is between the Boone Mall and the Walmart shopping areas. Dozens of cars at the units and at Walmart were inundated by the water.
October 26, 2017
Auto
Excess & Surplus Lines
North Carolina
Is Pot No Riskier Than Any Other Surplus Lines Product?
Is the rapidly emerging cannabis insurance market risk free? — No. But as long as brokers follow the rules and know who theyre working with, its a fairly low risk proposition, according to Ian Stewart, partner and co-chair of the Cannabis Law practice team at Wilson Elser.
October 26, 2017
Excess & Surplus Lines
Possible Tornadoes Flip Planes, Destroy Hangars At North Carolina Airport
Severe weather is threatening 30 million people across the Northeast. A powerful line of storms is expected to bring heavy rain, wind, and flooding. The system already has battered the Carolinas and parts of Virginia. Intense wind flipped planes and crumpled hangars at a small airport northwest of Charlotte.
October 25, 2017
Auto
Excess & Surplus Lines
Property
North Carolina
Severe Weather Leaves Damage In The Carolinas
The Carolinas have some cleaning up to do after being slammed by severe thunderstorms with damaging winds and flooding and possible tornadoes that flipped tractor-trailers and small planes, broke storefront windows and pushed one house off its foundation.
October 24, 2017
Auto
Excess & Surplus Lines
Property
North Carolina
South Carolina
Concert Attacks Spur Demand For Terror Insurance For Performing Artists
Due to the recent string of deadly attacks at music events — most recently the shooting that occurred in Las Vegas — more artists are now considering the need for terrorism insurance.
October 23, 2017
Excess & Surplus Lines
Nevada
Several Businesses Damaged By Train Derailment In Tennessee
After a train derailed in North Knoxville over the weekend, crews are laying down a new railroad track. A Norfolk Southern train derailed near Inskip Drive on Saturday night around 10 p.m., spilling shipping containers and damaging buildings.
October 23, 2017
Excess & Surplus Lines
Liability
Tennessee
Driver Distracted By Taco Rolls Semi On Highway
Blewett Pass was reduced to one lane of alternating traffic for about four hours Wednesday after a semi-tractor rolled off the road, spilling a load of wood chips. Troopers say the driver was eating a taco when he lost control of the truck.
October 20, 2017
Excess & Surplus Lines
Washington
Steely Dan Singer Says Insurer Is Stiffing Him For Canceled Tour
Steely Dan frontman Donald Fagen is suing his insurer for failing to cover for his canceled solo tour. Fagen attempted to file a claim with the insurer but Hannover allegedly demanded more paperwork and medical opinions before they could offer a payout, court documents say.
October 19, 2017
Excess & Surplus Lines
Litigation
NRA Offering Insurance For People Who Shoot Someone
The National Rifle Association is offering insurance for people who shoot someone, stirring criticism from gun-control advocates who say it could foster more violence and give gun owners a false sense of security to shoot first and ask questions later.
October 19, 2017
Excess & Surplus Lines
California Wineries May Face Coverage Gaps, Co-Insurance Costs After Wildfire Damage
Wineries damaged by wildfires tearing through Northern California are starting insurance claims, and at least some of the smaller vintners are likely to find limits in their policies mean payouts fall short of rebuilding costs.
October 18, 2017
Excess & Surplus Lines
Property
California
Oil Rig Explodes In Louisiana Lake Pontchartrain, Injuring 5 Critically
An oil rig exploded on a Louisiana lake Sunday night, injuring seven people, five of them critically, while another person remained unaccounted, authorities said.
The explosion on Lake Pontchartrain was reported at 7:18 p.m. (8:18 p.m. ET) about 1½ miles from shore, authorities said at a briefing late Sunday. Rescue efforts were still underway, they said.
October 16, 2017
Excess & Surplus Lines
Workers' Compensation
Louisiana
The explosion on Lake Pontchartrain was reported at 7:18 p.m. (8:18 p.m. ET) about 1½ miles from shore, authorities said at a briefing late Sunday. Rescue efforts were still underway, they said.
AIG Forecasts $3B In Q3 Catastrophe Losses
American International Group expects to record insurance losses of roughly $3 billion during the third quarter from the recent hurricanes and earthquakes.
October 10, 2017
Auto
Catastrophe
Excess & Surplus Lines
Marine
Property
Florida
Georgia
South Carolina
Texas
About 85% Of U.S. Gulf Oil Output Offline Due To Nate
About 85 percent of U.S. Gulf of Mexico oil production is offline in the aftermath of Hurricane Nate, the U.S. Department of the Interiors Bureau of Safety and Environmental Enforcement (BSEE) said on Monday.
October 10, 2017
Excess & Surplus Lines
Louisiana
Texas
Train Derails, Knocks House Off Its Foundation In Northwest Atlanta
A train derailed and knocked a northwest Atlanta home off its foundation early Thursday as a man slept in his bedroom. The man, who was trapped inside the home in the 1300 block of Andrews Street, was taken to Grady Memorial Hospital with minor injuries to his legs after authorities rescued him, officials said.
October 6, 2017
Excess & Surplus Lines
Liability
Georgia
Bullmastiff That Ate A Spatula Wins Weirdest Pet Insurance Claim Award
A Nationwide pet insurance claim involving a dog that ate a spatula might have been scary at the time, but ended up being an award-winning tale.
October 6, 2017
Excess & Surplus Lines
Weird
Louisiana



