Battery In Florida Tesla Crash Reignited Twice: NTSB Report
A Tesla Inc Model S involved in a May 8 fatal high-speed crash in Florida reignited twice after firefighters extinguished a fire in the electric vehicle, the National Transportation Safety Board (NTSB) said in a preliminary report on Tuesday.
June 27, 2018
Auto
Technology
Florida
California Start-Up To Offer Parametric Storm Insurance In Florida
An upstart insurance company as far away from Florida as California aims to deliver something exceedingly rare for hurricane-weary and flood-prone Sunshine State customers: happiness.
June 26, 2018
Excess & Surplus Lines
Florida
18 Condominium Units Destroyed By Suspicious Fire In Fort Walton Beach
Scarlett Hamilton sifted through the medicine cabinet in her first-floor condominium Monday morning, as water dripped from the ceiling and gathered in puddles around her feet.
June 26, 2018
Excess & Surplus Lines
Florida
Storm Surge: The Hidden Force Of A Hurricane
As summer approaches along the Gulf and Atlantic coasts, residents prepare for the hurricane season ahead. The Atlantic hurricane season — June through November (though known to start as early as January in past years) — has devastated communities from Texas to New England, resulting in significant recovery costs.
June 25, 2018
Catastrophe
Property
Alabama
Florida
Georgia
Louisiana
Mississippi
Despite A ‘Near-Average’ Forecast, Hurricane Flooding May Increase
With so many businesses and individuals affected by Hurricanes including Maria, Harvey and Irma in 2017, risk managers and insurers are looking to revised forecasts of this year’s hurricane season for a glimmer of hope that 2018 will not bring the same destruction.
June 21, 2018
Catastrophe
Alabama
Florida
Georgia
Louisiana
Mississippi
300,000 Coastal Homes In US, Worth $120B, At Risk Of Chronic Floods From Rising Seas
Hundreds of thousands of homes along U.S. coasts are at risk of devastating coastal flooding over the next 30 years as climate change causes oceans to rise, according to a new study.
June 19, 2018
Property
California
Florida
New Jersey
New York
2 Riders Fall From Derailed Roller Coaster In Daytona Beach
Two people fell to the ground from 34 feet in the air, when a roller coaster derailed on the Daytona Beach Boardwalk, fire officials said Thursday night.
June 15, 2018
Excess & Surplus Lines
Liability
Florida
61.5% Increase In Lawsuits Against P/C Insurers Q1 2018 Blamed On Hurricane Irma
Lawsuits against property and casualty insurers with the largest market shares in Florida increased sharply in the first quarter of 2018 compared with the same period last year, and Hurricane Irma claims are to blame, insurers say.
June 7, 2018
Litigation
Property
Florida
New Hurricane Coverage Pays For What Traditional Policies Won’t
In Florida, discussion about hurricane insurance often focuses more on what isn’t covered than what is covered.
June 7, 2018
Property
Florida
$1.5M Yacht A Total Loss After Catching Fire At Florida Marina
It was a bad day for one boat owner in SWFL, after stunning video captured his $1.5 million yacht burning up in flames.
June 7, 2018
Liability
Marine
Subrogation
Florida
U.S. Motorcycle Thefts Decreased In 2017
The National Insurance Crime Bureau (NICB) today released its annual report on motorcycle thefts in the United States for 2017.
June 6, 2018
Auto
Arizona
California
Florida
Georgia
Indiana
Flood Insurance Program Risks Expiry (Again) As Hurricane Season Starts
Seven million homes are at risk of damage from Atlantic storms and coverage may be up in the air again.
June 4, 2018
Catastrophe
Legislation & Regulation
Property
Florida
Louisiana
New York
Texas
Virginia
Crane Collapses Upon Two Lauderhill, Florida Homes
A massive task was at hand Wednesday night as crews worked to dismantle a crane that somehow toppled over and fell on two homes in Lauderhill causing minor injuries to two people.
May 31, 2018
Excess & Surplus Lines
Liability
Property
Subrogation
Florida
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
