“Matching Regulations” Affecting Homeowners’ Insurance Claims
It remains one of the most difficult issues to deal within the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind and quality” or with “similar material.”
February 28, 2019
Education & Training
Property
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
Ford Recall Of Nearly 1.5M Vehicles Includes F-150s, Mustang And Lincoln Models
Ford has issued three recalls covering more than 1.4 million vehicles in North America.
February 13, 2019
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
Recalls Issued For Nearly 15,000 Freightliner, Western Star, Peterbilt, Kenworth, Autocar Trucks
Nearly 15,000 trucks manufactured by Paccar, Daimler and Autocar are being recalled for various defects, according to recent documents from the National Highway Traffic Safety Administration.
February 12, 2019
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
Man Falls From 3rd Story Hotel Window After His Room Catches On Fire
A man was seen hanging from a third-floor hotel room window when fire crews responded to a system alarm, Wichita Fire Department Lt. Jose Ocadiz said on Monday.
February 11, 2019
Property
Kansas
Election Day Preview: Insurance Is On The Ballot, Too
Tuesday’s midterm Election Day is filled with fascinating races coast to coast — from the Florida gubernatorial contest to the Texas Senate race, with control of Congress hanging in the balance. Not as many people are paying attention to the expected turnover among state insurance commissioners.
November 5, 2018
Legislation & Regulation
California
Connecticut
Florida
Georgia
Kansas
500-Year Event: Massive Rainfall Floods Kansas Cities
Much of the Midwest is underwater from relentless rain storms, as Tropical Storm Gordon pounds South Florida and the Keys with high winds and up to five inches of rain.
September 4, 2018
Auto
Property
Kansas
Wisconsin
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
Fireworks Spark Flames In Kansas City Home
An Independence Day celebration turned destructive, now a metro family is trying to pick up the pieces.
July 5, 2018
Property
Kansas
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
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
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
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
