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.
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.
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.
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.
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.
“While many have been lucky so far, it’s important that residents in the impacted areas know insurers are standing by ready to help,” Oyango Snell, Property Casualty Insurers Association of America’s regional manager, said in a statement.
Shell-shocked, emotionally distraught and displaced from their homes, the victims of Hurricane Matthew have clearly been through more than most of us dare to imagine. However, now their plight is being made all the worse by a series of scam artists bringing a bad name to the insurance industry.
Risk Toolbox (Parsippany, N.J.) announced at ACORD 2016 in Boca Raton, Fla., that it has published more than 200 pages of certificate-of-insurance (COI) related information on its website in order to provide a compliance resource for carriers, agents and brokers.
Unseasonably warm dry weather has deepened a drought that’s igniting forest fires across the southeastern U.S., forcing people to flee homes in the Appalachian Mountains and blanketing Atlanta in a smoky haze.
What started as a suspected political act of terror in North Carolina soon helped bring party lines together on Sunday night, after a GOP building was firebombed.
North Carolina emergency officials have estimated that the destructive and deadly Hurricane Matthew caused $1.5 billion worth of damage to more than 100,000 homes, businesses and government buildings in the state.
Homeowner and auto insurers are dealing with thousands of claims in the aftermath of Hurricane Matthew. And some policyholders are discovering — or rediscovering — a hard truth: Standard homeowners’ policies typically do not cover flood damage, that is, damage from rising water.
Hurricane Matthew impaired or destroyed more than 1 million structures, forced businesses from Florida to North Carolina to close and put thousands temporarily out of work.
Early industry estimates had suggested that Hurricane Matthew insurance losses may be the second highest the country has ever seen. This storm represented the first direct hit the United States has experienced from a hurricane in over ten years.
