U.S. Insurers Face Roughly $2 Billion In Losses From Severe Weather Events In May
Aon has launched the latest edition of its monthly Global Catastrophe Report for the month of May, which found that the US suffered considerable disaster-related losses despite a "quieter" start to the tornado season.
June 12, 2018
Auto
Property
Colorado
District Of Columbia
Illinois
Iowa
Kansas
Drunk Garbage Truck Driver Plows Into 9 Cars In Brooklyn
A drunk garbage truck driver in Brooklyn, New York, left an unbelievable trail of destruction in his wake Saturday morning, according to police.
June 11, 2018
Auto
Excess & Surplus Lines
Liability
Subrogation
New York
U.S. Motorcycle Thefts Decreased In 2017
The National Insurance Crime Bureau (NICB) today released its annual report on motorcycle thefts in the United States for 2017.
June 6, 2018
Auto
Arizona
California
Florida
Georgia
Indiana
Flood Insurance Program Risks Expiry (Again) As Hurricane Season Starts
Seven million homes are at risk of damage from Atlantic storms and coverage may be up in the air again.
June 4, 2018
Catastrophe
Legislation & Regulation
Property
Florida
Louisiana
New York
Texas
Virginia
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
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
Insurances Flawed Business Model
At its core, the industry is plagued by an inherent conflict of interest. Our customers dont 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 20142017. 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
11-Year-Old Dies When Tree Crushes SUV During Storm
A powerful storm system passed through the New York area Tuesday, knocking down hundreds of trees and branches. A tree fell on an SUV in Newburgh City, in Orange County, trapping a girl inside.
May 16, 2018
Auto
Liability
New York
Salmonella Sickens Nearly Three Dozen People Following Recall Of More Than 200 Million Eggs
A salmonella outbreak that led to a recall of nearly 207 million eggs has now sickened nearly three dozen people in states along the East Coast.
May 14, 2018
Life & Health
Florida
New Jersey
New York
North Carolina
Pennsylvania
Insurers Expected To Pay $1.5B For Aprils 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
N.Y. Regulator Fines Chubb $1.3M For NRA Insurance Program
Insurer Chubb Ltd and a unit have agreed to pay a total of $1.3 million to New York States insurance regulator over their role in a National Rifle Association (NRA) insurance program, the regulator said on Monday.
May 8, 2018
Legislation & Regulation
Liability
New York
Driver In Fatal Hit-And-Run Charged With Padding Insurance Claim
A Wheatfield hit-and-run fatality in 2014 continues to reverberate through local courtrooms. The driver who killed Ryan Fischer, 16, of North Tonawanda, faces charges of illegally padding an insurance claim he filed after the teenagers mother, who was drunk at the time, rammed his garage door and damaged his vehicle.
April 19, 2018
Auto
Fraud
Liability
New York
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
Greenwich Village Home Burglar Has Stolen $94K In Jewelry
Police are searching for a thief who stole more than $94,000 worth of jewelry from a handful of homes in Greenwich Village. The man is suspected in six burglaries since January 20, police said.
April 16, 2018
Property
New York



