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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

Homes, Businesses Sustain Flood Damage In Missouri Town

Officials said homes, businesses, streets, rail lines and schools in Park Hills suffered damage from floodwaters Monday. Park Hills City Administrator Mike McFarland said 41 homes were affected, one suffered serious damage and is considered unlivable.
May 22, 2018 Property Missouri

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

13 Businesses Damaged By Building Fire In North Kansas City, Missouri

Smoke filled the air Tuesday for miles after a building in the heart of downtown North Kansas City caught fire.
May 9, 2018 Excess & Surplus Lines Property Missouri

Sub-Contractor Shot, Killed By Man Asking For A Cigarette

The murder of a construction worker on the job in Kansas City now has others scared to go to work. A sub-contractor working on a project for Spire Energy was shot and killed Tuesday by a man who witnesses said asked for a cigarette.
April 26, 2018 Workers' Compensation Missouri

Tanker Transporting Flammables In St. Peters, Missouri Explodes Into Flames

A tanker-truck transporting ethanol burst into flames early Monday in St. Peters after crashing near Mid Rivers Mall. The driver escaped with moderate injuries, police say.
April 24, 2018 Auto Excess & Surplus Lines Missouri

Kansas City Home, Vehicle Owners Face Significant Hail Damage After Storms

A fast-moving storm Friday left behind significant hail damage in south Kansas City and many areas of Johnson County, Kansas.
April 18, 2018 Auto Property Missouri

Missouri Bill Would Limit Insurer Payouts

A bill on Gov. Eric Greitens’ desk would limit how much money insurance companies would have to pay after accidents.
April 3, 2018 Legislation & Regulation Missouri

School Board Settles With Insurance Company Over EF2 Tornado Damage

The Neosho Board of Education and its insurance carrier have reached agreement on a settlement that will be used to rebuild Goodman Elementary School, which was destroyed by an EF2 tornado in April 2017.
March 5, 2018 Property Missouri

66 Homes In Malden, Missouri Damaged By EF2 Tornado

Sixty-six homes were damaged and four people have moderate injuries after an EF2 tornado ripped through Malden on Saturday, February 24.
February 27, 2018 Property Missouri

Widespread Flooding Brings Misery To Midwest

No immediate relief is in sight for a swath of the Midwest where heavy rain, melting snow and rising rivers have shuttered schools, closed roads and prompted several evacuations.
February 23, 2018 Auto Property Illinois Indiana Kentucky Missouri

Major Pileups Close Icy Missouri Interstate

At least one person died and several were injured in multiple accidents that closed both directions of I-44 between Lebanon and Rolla Sunday.
February 5, 2018 Auto Excess & Surplus Lines Liability Missouri

Thieves Grab $28,000 In Apple Products From Target

Three people were caught on security video grabbing hammers at a Target here, using one to smash a glass display case and stealing electronic products inside worth about $28,000, police say.
December 21, 2017 Property Missouri

Florida Tops Tort Reform Group’s List Of ‘Judicial Hellholes,’ While California No. 2

Florida, thanks to a string of liability-expanding decisions, has earned itself the top spot in the newest Judicial Hellhole” rankings, according to an annual report issued by the American Tort Reform Association Tuesday.
December 5, 2017 Litigation California Florida Missouri New York Pennsylvania
Omega Forensic Engineering, IncMid-America Catastrophe ServicesKelmar GlobalHancock Claims Consultants