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Hurricane Barry Private Market Loss At Almost $300M: KCC

Catastrophe risk modeller Karen Clark & Company (KCC) has estimated that Hurricane Barry will drive an insurance industry loss of close to $300 million, excluding National Flood Insurance Program (NFIP) losses.
July 16, 2019 Auto Property Louisiana Mississippi

Despite Widespread Flooding, Louisiana Was Spared The Brunt Of Barry’s Wrath

You can’t tell from looking at the streets still under water, but the Gulf Coast got lucky with this storm. Barry, which made landfall as a hurricane Saturday, quickly turned into a tropical storm and has been inundating Louisiana ever since.
July 15, 2019 Property Arkansas Louisiana Mississippi

Workers Evacuate Gulf Of Mexico Rigs As Storm Gains Strength

Oil and natural gas producers in the U.S. Gulf of Mexico began evacuating workers and shutting in output as a storm gathers strength off the coast of Florida.
July 10, 2019 Excess & Surplus Lines Property Louisiana Mississippi

US Cargo Theft Cases Rise In First Quarter Of 2019

During the first quarter of this year, cargo thefts in the United States rose 25% to 144 reported incidents, with the average loss for each occurrence rising 1% to $116,717, according to a report from the SensiGuard Supply Chain Intelligence Center.
June 28, 2019 Excess & Surplus Lines Alabama Alaska Arizona Arkansas California

No End In Sight For Record Midwest Flood Crisis

The 2019 Mississippi River flood fight is going to slog deep into the summer — and maybe much longer. While communities north of St. Louis are beginning the expensive path to recovery after record-breaking winter and spring precipitation and runoff, people below the Missouri River are shoveling mud from their houses and praying for a dry spell.
June 27, 2019 Property Louisiana Mississippi

Proposed Class Action Affects Millions Of Hyundai And Kia Vehicles

A Hyundai and Kia fire lawsuit alleges recalls ordered to repair Theta II engine problems didn’t do enough to protect millions of customers from the risk of finding their vehicles in flames.
June 26, 2019 Auto Litigation Alabama Alaska Arizona Arkansas California

Suspension, Transmission Issues Spur Recall Of 1.3 Million Ford Vehicles

Ford is recalling over 1.3 million vehicles mainly in North America to fix rear suspension and transmission control software problems.
June 13, 2019 Auto Subrogation Alabama Alaska Arizona Arkansas California

U.S. Severe Weather And Hail Drove Billion-Plus Insured Losses In April: Aon

Outbreaks or severe and convective weather in the United States, including large hail, tornadoes and thunderstorms, are set to drive well over a billion dollars of losses to the insurance and reinsurance sector, according to Aon.
May 15, 2019 Catastrophe Property Alabama Arkansas Louisiana Mississippi Texas

More Than A Thousand Tons Of P.F. Chang’s Frozen Meals Recalled

Over two million pounds of P.F. Chang’s frozen meals have been recalled due to misbranding and an undeclared allergen, the U.S. Department of Agriculture (USDA) announced Saturday.
May 6, 2019 Subrogation Alabama Alaska Arizona Arkansas California

Mazda Recalls Nearly 190,000 Cars Due To Failing Wipers

Mazda is recalling nearly 190,000 Mazda 3 compact cars in the U.S. because the windshield wipers can fail. The company says in documents posted Saturday by the U.S. National Highway Traffic Safety Administration that the recall covers cars from the 2016 through 2018 model years.
April 16, 2019 Auto Subrogation Alabama Alaska Arizona Arkansas California

Mississippi Governor Declares State Of Emergency As 17 Counties Deal With Severe Weather Damage

Governor Phil Bryant has declared a State of Emergency following widespread severe weather on Saturday. Sunday afternoon, the Governor and the Mississippi Emergency Management Agency (MEMA) met to give an update to the public on the damage across the state. Officials say that 17 counties are dealing with damage from the storm.
April 16, 2019 Property Mississippi

Tornadoes Kill At Least Five As Massive Storm Sweeps U.S. South

Weekend tornadoes killed at least five people, including three children, in the U.S. South, authorities said on Sunday, as a massive storm system with damaging wind and hail moved across the country and began drenching East Coast states.
April 15, 2019 Auto Property Georgia Mississippi Texas

Tyson Recalling 34 Tons Of Chicken Strips For Possible Metal Contamination

Tyson Foods Inc is recalling about 69,000 pounds of frozen, ready-to-eat chicken strips that may be contaminated with metal, the U.S. Department of Agriculture said late on Thursday.
March 22, 2019 Subrogation Alabama Alaska Arizona Arkansas California

Cyber-Threat Awareness Requires Training And Vigilance

Employees need training when it comes to recognizing potential cyber threats. They should be on notice that, no matter their position within an organization, they too are responsible for doing their part in maintaining security standards and following proper reporting protocols.
March 21, 2019 Education & Training Risk Management Alabama Alaska Arizona Arkansas California

Nearly Half Of Americans Don’t Have Home Inventory List In Case Of Disaster — Study

Nearly half of US residents have never made a home inventory list in case of a natural disaster, according to new data from Farmers Insurance.
March 21, 2019 Catastrophe Property Risk Management Alabama Alaska Arizona Arkansas California
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