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.
The city of Baltimore filed a lawsuit on Friday against 26 oil and gas companies and entities, including BP Plc (BP.L), Chevron Corp and Exxon Mobil Corp, for knowingly contributing to what the city called the catastrophic consequences of climate change.
Georgia has joined fifteen other states which have outlawed the use of hand-held cellphones and mobile devices while driving. A new law signed by Governor Nathan Deal makes watching movies, shooting video, and even the mere “holding” of hand-held devices while in the vehicle—even while stopped—illegal.
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.
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.
Residents, merchants and officials in Ellicott City on Monday began to examine the devastation wrought by the floods that coursed through the historic mill town the night before, for the second time in less than two years.
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.
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.
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.
The YMCA of Frederick County was among several buildings in and around Frederick, Maryland, that were damaged by severe weather and flash flooding that hit the area Tuesday night.
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.
Stopping off at this 7-Eleven on Fort Smallwood Road for a quick pack of smokes may have seemed simple enough, but it ended up landing 39-year old Ryan Jenkins in jail in the wee hours of the morning Wednesday.
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.
Federal authorities say an Eastern Shore man went on a multi-state ATM theft spree, stealing cars and crashing into convenience stores, then tying ropes or chains to the cash machines and dragging them out.
