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. 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
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
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
Kroger Recalls Nearly 12 Tons Of Ground Beef
More than 35,000 pounds of raw ground beef sold at Kroger stores are being recalled because they may be contaminated with foreign objects including hard plastic.
May 3, 2018
Subrogation
Indiana
Virginia
Police Warn Of Insurance Scam That Could Lead To Burglaries
Police are sending out a warning to homeowners about a new scam that could lead to a burglary. The Sharpsville Town Marshals Office is investigating after a man was caught taking pictures of a home for a fake insurance company.
March 13, 2018
Property
Indiana
14-Car Pileup The Worst Of 50 Crashes Caused By Slick Roads
An intense band of snow that mixed with falling freezing temperatures created slick road conditions across central Indiana overnight Thursday morning into rush hour, causing more than 50 crashes.
March 9, 2018
Auto
Liability
Indiana
Amendment Strips Indiana Consumers Of Right To Assign Benefits To Body Shops
“That largely explains it,” Insurance Institute of Indiana and State Farm lobbyist Jon Zarich told a state House committee Feb. 21 in presenting an amendment at least one of them hadnt seen. But his summary of the amended Senate Bill 164 omitted any mention that the proposed language would effectively strip away auto insurance policyholders right to assign insurance benefits to body shops.
February 28, 2018
Auto
Legislation & Regulation
Litigation
Indiana
High Winds, Flooding Cause Damage Across Chicago, Northwest Indiana
High winds caused damage throughout the Chicago area Saturday night. Gusts were over 50 miles per hour in some locations.
February 26, 2018
Property
Illinois
Indiana
Many Flood-Damaged Properties In Michiana Likely Uninsured
Rob Manuszak was busy pumping out the basement of the little house he bought about a month ago at 1118 Emerson Ave. At the same time, South Bend Fire Department personnel were parked out front early Wednesday afternoon pulling people from their flooded homes just down the street that slopes toward the St. Joseph River.
February 22, 2018
Auto
Property
Indiana
Michigan
Indianapolis Car Dealers Guilty Of Racketeering, Insurance Fraud
A jury has found two Indianapolis men guilty on charges related to a corrupt business organization case. U.S. Attorney Josh Minklers office says the defendants swindled financial institutions and insurance companies out of more than $1.5 million.
January 25, 2018
Auto
Fraud
Indiana



