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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

52 Touch Screen Systems Ripped From New Vehicles At Michigan Dealership

A reward is being offered in connection with the theft of car radios from the Szott M-59 Dodge dealership in Highland Township. An employee of a nearby business called deputies around 9:30 a.m. on Tuesday, May 30 when he noticed several vehicles had broken windows.
July 25, 2018 Auto Excess & Surplus Lines Michigan

Court Backs Insurer: No $300K Payout in Head-on Crash

An insurance company refused to pay $300,000 in a head-on crash that killed a Michigan man and his mother after a doctor came up with a key conclusion: Robert Krugman likely drifted out of his lane because of a heart attack.
July 19, 2018 Life & Health Litigation Michigan

Millions Of Court Documents Being Restored After Michigan Flood Damage

Court records were among the Houghton County Courthouse items damaged in the June 17 flood. A vault containing circuit, family and probate court records on the basement level was flooded.
July 16, 2018 Property Michigan

Photos Show Michigan’s Upper Peninsula Devastated After Flash Flooding Emergency

Law enforcement, state officials and local leaders are working together to assess the widespread damage that occurred this weekend when flash flooding created an emergency situation in parts of the Keweenaw Peninsula.
June 18, 2018 Auto Property Michigan

Samsung Phone Bursts Into Flames, Destroying Car

A Michigan woman claims thought she was going to die when her cell phone sparked a blaze that destroyed her car. The woman, who choose not to be identified, said she was driving her car when one of two cell phones sitting in her cup holder caught fire.
June 11, 2018 Auto Subrogation Michigan

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

Tow Truck Driver Killed, 5 In Critical Condition After Collision

A tow truck driver was killed in a crash while servicing a school bus on eastbound I-94 near Ann Arbor Tuesday morning, according to the Michigan State Police.
May 30, 2018 Auto Liability Workers' Compensation Michigan

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

Michigan Auto Parts Plant Fire: $8 Million In Losses

An explosion during an auto parts plant fire that ultimately stopped production of the Ford F-150 was so violent that it threw a worker through the air into a door jamb. Vehicles in the parking lot caught fire and were damaged by flying debris.
May 22, 2018 Excess & Surplus Lines Property Workers' Compensation Michigan

Parts Shortage That Hit Ford Spreads To More Companies

A fire that damaged a Michigan auto parts supply factory is causing production problems at Ford, Fiat Chrysler and General Motors, but it’s too soon to tell yet whether dealers will run short of vehicles.
May 11, 2018 Auto Property Michigan

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

Wind Damage Across Michigan From Downed Trees

Gusty winds caused power outages and damage to homes across the state this weekend.
May 7, 2018 Property Michigan
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