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
Tons Of Contaminated Soil Removed From Fort Peck Reservation Oil Spill Site
Cleanup crews have so far removed an estimated 1,435 tons of soil that was tainted by an oil spill discovered on the Fort Peck Reservation on April 27.
May 17, 2018
Excess & Surplus Lines
Liability
Montana
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
Evacuations Ordered Due To Flooding In Missoula County, Montana
Montana authorities ordered the evacuation of 60 homes Tuesday as the rising Clark Fork River submerged a neighborhood west of Missoula and potentially threatened hundreds of additional residences.
May 9, 2018
Property
Montana
Electrical Fire Guts Bronze Foundry In Billings, Montana
A structure fire that engulfed a bronze-casting business in industrial East Billings on Sunday night was likely due to an electrical malfunction, a city fire official said Monday.
February 20, 2018
Excess & Surplus Lines
Property
Montana
Multiple Wrecks In South-Central Montana During Freezing Rain
Vehicles piled up all over the Billings area Thursday as freezing rain fell throughout the region and prompted at least one highway closure in south-central Montana.
February 9, 2018
Auto
Liability
Montana
Worried About Hackers, States Turn To Cyber Insurance
As the threat from hackers and cybercriminals intensifies, a growing number of states are buying cyber insurance to protect themselves — and taxpayers. “It’s expensive. It’s a big budget item for us. But it’s absolutely worth it,” said Michael Hussey, Utah’s chief information officer. “You’re seeing breaches now that cost companies and states millions and millions of dollars.”
November 14, 2017
Excess & Surplus Lines
Georgia
Montana
Utah
Wyoming
Extreme Weather Risk Taking A Toll On The Property Insurance Industry
Flooding and wildfires are making massive headlines this summer and this extreme weather risk is placing considerable pressure on the property insurance industry.
September 6, 2017
Catastrophe
Property
California
Florida
Louisiana
Montana
Oregon
Montana: Safelite, Lynx Administering Auto Glass Claims Without License
Montana has warned Safelite and Lynx to stop serving as unlicensed glass claims administrators for several large insurers, according to documents filed earlier this month.
August 21, 2017
Auto
Risk Management
Montana
Montana Wildfire Triggers Hundreds Of Evacuations
A lightning-sparked wildfire burning for more than a month in western Montana has flared anew, prompting the evacuation of nearly 750 homes on Thursday as firefighters braced for more hot and windy weather forecast for the weekend, authorities said.
August 18, 2017
Property
Montana
Firefighters’ Quick Response Limits Destruction At Concrete Plant
Crews say they were able to save a business from millions in damage after quickly knocking down an early Monday morning fire near the Wye in Missoula County. "Crews were quickly able to force access into the smoke-filled building and located the fire in a utility truck parked inside the bays of the business," the Missoula Rural Fire District said.
August 3, 2017
Auto
Montana
Crews Gain Ground Against Montana Wildfire, Largest In U.S.
Fire crews gained ground on Tuesday against a nearly week-old wildfire that has torched more than two dozens buildings and charred hundreds of square miles of Montana prairie and is currently the biggest fire burning in the United States.
July 26, 2017
Property
Montana
A Dozen Homes Destroyed In Montana Wildfires
Crews and equipment from 34 states arrived Monday to help fight four massive wildfires that have destroyed a dozen homes in eastern Montana and forced ranchers to let their livestock loose as the blazes spread unhindered across roads, rivers and man-made fire lines.
July 25, 2017
Property
Montana
