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EF1 Tornado Confirmed In Central Mississippi

The National Weather Service confirms a tornado hit the central Mississippi city of Madison. The agency, in a Twitter post Saturday, said a survey team confirmed Friday’s damage was the result of an EF1 tornado.
August 20, 2018 Property Mississippi

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

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

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

Hurricane Forecasters Shrinking ‘Cone Of Uncertainty’

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.
April 19, 2018 Catastrophe Property Alabama Delaware District Of Columbia Florida Georgia

Green Solutions May Spare Gulf Coast Billions In Flood Damages

While coastal development and climate change are increasing the risk of flooding for communities along the U.S. Gulf Coast, restoration of marshes and oyster reefs are among the most cost-effective solutions for reducing those risks, according to a new study.
April 12, 2018 Catastrophe Property Alabama Florida Louisiana Mississippi Texas

70 Rivers At Flood Stage; More Severe Weather Expected In Central U.S.

A new storm is expected to bring additional weather misery this week to areas struggling to recover from a relentless series of weekend storms and tornadoes.
February 28, 2018 Auto Property Alabama Arkansas Georgia Kentucky Mississippi

NICB: Mississippi Acts To Protect Buyers From Flood Of Flooded Vehicles

The Mississippi Insurance Department and the Mississippi Collision Repair Association have teamed up to protect residents from buying cars damaged by Hurricanes Harvey and Irma.
January 11, 2018 Auto Mississippi

Storm Chaser’s Videos Show Flooding At Biloxi Casinos During Hurricane Nate

A Florida man trekked through the strongest part of Hurricane Nate to capture flooding of a Biloxi casino on video. Mike Theiss, a storm chaser and National Geographic photographer, took video of flooding from the first floor of Golden Nugget Casino Resort Saturday night as the eyewall of Nate made its way over Biloxi and the rest of the Mississippi Coast.
October 10, 2017 Auto Property Mississippi

Property Claim Services, NFIP To Report Aggregate Flood Loss Estimates

Property Claim Services (PCS) reported on Thursday that it will publish aggregate flood loss information supplied by the National Flood Insurance Program (NFIP), beginning with Hurricane Harvey.
October 6, 2017 Liability Property Mississippi Texas

State Of Emergency, Evacuations In New Orleans Ahead Of Tropical Storm Nate

The mayor of New Orleans late Thursday declared a state of emergency for the city ahead of Tropical Storm Nate, which has already been blamed for 22 deaths in Nicaragua and Costa Rica.
October 6, 2017 Property Alabama Louisiana Mississippi
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