Marijuana Insurance Industry Is Taking Off Like Wildfire

This emerging market is rapidly growing strength throughout the United States with legalized cannabis. The marijuana insurance industry has exploded since certain forms and uses of medicinal cannabis received approval.
January 26, 2017 Excess & Surplus Lines Alabama Alaska Arizona Arkansas California

When Cars Fight Back Against Thieves

Every 45 seconds, a car is stolen in the U.S., for a total value of $4.9 billion in stolen vehicles during 2015. And as vehicles have become more sophisticated, they’ve often inadvertently been left exposed to car theft in new ways.
January 18, 2017 Alabama Alaska Arizona Arkansas California

U.S. Roads Keep Getting More Dangerous

New government estimates project that for the second straight year, the United States will see the largest leap in motor vehicle fatalities in 50 years. In the first nine months of 2016, the Department of Transportation estimates that 27,875 people died in motor vehicle crashes.
January 18, 2017 Auto Liability Alabama Alaska Arizona Arkansas California

80K Rock Salt Lamps Sold By Michaels Recalled

Thousands of rock salt lamps sold at Michaels are under recall due to shock and fire hazards. The recall involves about 80,000 rock salt lamps sold under the Lumiere brand.
January 12, 2017 Liability Life & Health Alabama Alaska Arizona Arkansas California

NOAA: U.S. Natural Disasters In 2016 Caused $46B In Damages

The United States experienced 15 “weather and climate disasters” last year — each with losses exceeding US$1 billion — for a total of US$46 billion, the National Oceanic and Atmospheric Administration (NOAA) reported on Monday.
January 10, 2017 Auto Property California Florida Georgia Louisiana North Carolina

Toshiba Expands Laptop Lithium-Ion Battery Recall

Last March, Toshiba recalled the lithium-ion battery packs used in approximately 91,000 laptops that were found to overheat, posing burn and fire hazards to consumers. Now, the company is expanding the safety initiative, recalling an additional 83,000 units.
January 5, 2017 Technology Alabama Alaska Arizona Arkansas California

Runaway Dump Truck Hits Child, House In North Carolina

The man charged in the death of a 5-year-old Hillsborough boy who was hit by an unattended dump truck that rolled down a hill worked for a local contracting company with a suspended license, documents show.
January 3, 2017 Liability Litigation Property North Carolina

BMW Crashes At Full Speed Into Responding Fire Engine

Interstate 85 in Concord reopened early Tuesday morning after a BMW smashed into a fire truck responding to a wreck.
It happened just before 1:30 a.m. on I-85 northbound near Exit 49, Concord Mills Boulevard. Troopers say the fire truck was on the scene of a crash and was blocking two lanes to help redirect traffic when the wreck happened.
December 21, 2016 Auto Liability North Carolina

Annual Report Shows Vermont Has The Best Insurance Regulatory System

The latest Insurance Regulation Report Card showed that Vermont has the best regulatory system for insurance, while North Carolina has the worst.
December 19, 2016 Legislation & Regulation North Carolina Vermont

Study: Warming To Trigger 3 Times As Many Downpours In U.S.

Extreme downpours — like those that flooded Louisiana, Houston and West Virginia earlier this year — will happen nearly three times as often in the United States by the end of the century, and six times more frequently in parts of the Mississippi Delta, according to a new study.
December 8, 2016 Auto Catastrophe Property Delaware District Of Columbia Louisiana Maryland Mississippi

Hyundai Recalls Minivans; Hoods Can Fly Open While Moving

Hyundai is recalling more than 41,000 older minivans because the hoods can fly open while they’re being driven. The recall covers the Entourage minivan from the 2007 and 2008 model years.
December 8, 2016 Auto Alabama Alaska Arizona Arkansas California

Victims Of Hurricane Matthew Filed Over $162M In Claims To NFIP

Georgia victims of Hurricane Matthew have now received over $6.5 million in payouts from the National Flood Insurance Program. There were a total of 1,054 claims filed with the federal flooding program by the time November came to an end.
December 5, 2016 Property Florida Georgia North Carolina South Carolina Virginia

Workers’ Comp Study Identifies Best Practices For Claims Success

What makes a claims organization successful? They tend to measure their performance using outcomes-based metrics, employ claim decision support tools such as workflow automation and predictive modeling, and use an “advocacy-based” claims model that puts employees’ needs first.
December 1, 2016 Workers' Compensation Alabama Alaska Arizona Arkansas California

Another Recall For Dehumidifiers Responsible For $19M In Property Damage

Federal safety regulators are hoping the fourth time is the charm for millions of recalled dehumidifiers that have now been linked to 450 fires and more than $19 million in property damage: Gree Electric Appliances — the manufacturer fined a record $15.45 million over the fiery dehumidifiers earlier this year — has re-announced the recall.
December 1, 2016 Property Alabama Alaska Arizona Arkansas California

Faulty Sliding Doors Prompt Recall Of 744K Toyota Sienna Minivans

Unless you have little regard for your personal safety or the safety of those in your vehicle, you generally want the doors on your minivan to remain closed while it’s in operation.
November 23, 2016 Auto Alabama Alaska Arizona Arkansas California
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