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US Auto Insurance Premiums Set for Record Increase in 2024

US Auto Insurance Premiums Set for Record Increase in 2024

As U.S. drivers brace for the highest auto insurance rate hike since 2018, with an average increase of 12.6%, financial pressures mount across states.
January 10, 2024 Auto Insurance Industry Legislation & Regulation Technology Arizona California Connecticut Florida Georgia

December Nor’easter and California Rains Lead to Major Losses in the U.S.

December Nor’easter and California Rains Lead to Major Losses in the U.S.

Severe December weather, including a nor'easter and California flooding, potentially costs millions in economic and insured losses.
January 5, 2024 Catastrophe Property Risk Management California Florida Maine New Jersey North Carolina

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia Shifts Insurance Dynamics in the Southeast US

Hurricane Idalia's devastation in Florida and beyond underscores the escalating challenges for insurers in a climate-affected world, demanding innovative adaptation.
December 18, 2023 Catastrophe Property Risk Management Technology Florida Georgia North Carolina South Carolina

Hot Sauce Plaintiff Goes Cold on False Advertising Claim

Hot Sauce Plaintiff Goes Cold on False Advertising Claim

For reasons unknown, California hot sauce aficionado Phillip White asked a federal court to dismiss his entire lawsuit over Texas Pete hot sauce.
October 13, 2023 Liability Litigation California North Carolina Texas

The Threat of Tornadoes and Severe Weather Rises in the South

The Threat of Tornadoes and Severe Weather Rises in the South

Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the 'second tornado season' for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.
October 5, 2023 Catastrophe Education & Training Property Risk Management Alabama Arkansas Florida Georgia Kansas

Safety Lesson: Cigarette Sparks Car and Home Fire

Safety Lesson: Cigarette Sparks Car and Home Fire

A woman hopping inside a Dodge Charger for a cigarette sparked an explosion that destroyed the car, burned down a significant portion of her home and left her with third-degree burns.
September 28, 2023 Auto Property Weird North Carolina

Medicine Supply Shortages Expected After EF3 Tornado Hits Pfizer Pharmaceutical Plant in North Carolina

Medicine Supply Shortages Expected After EF3 Tornado Hits Pfizer Pharmaceutical Plant in North Carolina

An important Pfizer pharmaceutical plant in North Carolina was severely damaged on Wednesday after a powerful tornado ripped through the area, threatening production lines that normally provide huge amounts of medicine to U.S. hospitals.
July 21, 2023 Property North Carolina

Auto Claim Denied Due to North Carolina’s Contributory Negligence Law

Auto Claim Denied Due to North Carolina’s Contributory Negligence Law

Roy Jackson was on his way home after running some errands. He was driving along State Route 1104 in Lexington about 5 minutes from his house when a driver heading in the opposite direction suddenly swerved into his lane.
July 7, 2023 Auto Liability North Carolina

Inferno Erupts at Charlotte Apartment Construction Site, Two Workers Missing

Inferno Erupts at Charlotte Apartment Construction Site, Two Workers Missing

Over 90 firefighters responded to the scene of a massive fire at a construction site in Charlotte, North Carolina, Thursday morning and braved devastating conditions to rescue workers who were caught in the blaze.
May 19, 2023 Excess & Surplus Lines North Carolina

NFIP Flood Claims For Hurricane Ian Approaching $4B, Average Payment Over $104K

NFIP Flood Claims For Hurricane Ian Approaching $4B, Average Payment Over $104K

As of May 2, 2023, FEMA reported that National Flood Insurance Program (NFIP) claims related to Hurricane Ian total $3.9B. Out of the roughly 48,000 claims in Florida and the Carolinas, around 95% have been closed, according to the agency.
May 9, 2023 Property Florida North Carolina South Carolina

Hurricane Ian Prompts a Question: How Many Totaled Vehicles Return to the Road?

Hurricane Ian Prompts a Question: How Many Totaled Vehicles Return to the Road?

Hurricane Ian caused widespread flooding across Florida, North Carolina, and South Carolina in October, resulting in losses estimated at between $41 billion and $70 billion. Among those losses were up to 358,000 vehicles damaged by floodwaters, according to Carfax.
November 22, 2022 Auto Salvage Florida North Carolina South Carolina

Ian May Have Destroyed More Than 300K Vehicles

Ian May Have Destroyed More Than 300K Vehicles

Final numbers won't be available for months, but one thing is certain: An overwhelming number of drivers in Hurricane Ian's path will be replacing a vehicle at a time when inventories are already tight.
October 20, 2022 Auto Catastrophe Florida North Carolina South Carolina

Biltmore Estate Sued Over Fatality Involving Hazardous Tree

Biltmore Estate Sued Over Fatality Involving Hazardous Tree

The wife of a decorated New York City firefighter is suing the Biltmore Estate in Asheville, North Carolina, after a tree on the property fell on the family car and killed her husband, according to a lawsuit.
July 22, 2022 Liability Litigation North Carolina

Uprooted Trees, Crushed Buildings After Severe Storms Across The Carolinas And Texas

Uprooted Trees, Crushed Buildings After Severe Storms Across The Carolinas And Texas

Severe storms from Texas to the Carolinas damaged homes and left thousands without power throughout the afternoon and evening hours on Monday.
May 24, 2022 Property North Carolina South Carolina Texas

Animal Collisions Nationwide Increased During The Pandemic

Animal Collisions Nationwide Increased During The Pandemic

Automobile collisions involving wildlife can be deeply traumatizing and costly for drivers and their passengers, but a new report from State Farm reveals just how common of an occurrence such crashes are.
May 17, 2022 Auto California Michigan North Carolina Pennsylvania Texas
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