
California’s Grim Fire Mark: Burn Exceeds Last 3 Years Combined
Wildfires in California have burned a record 4 million acres since the start of 2020, charring more land in the past nine months than during the previous three years combined. The results are devastating.
October 5, 2020
Catastrophe
Property
California

More Wildfire Evacuations Ordered As Northern California Braces For Powerful Winds
More evacuations were ordered Thursday in Northern California as wildfire-weary residents braced for a return of powerful winds that could stoke a blaze burning in the region’s wine country.
October 2, 2020
Catastrophe
Property
California

Coinsurance: A Tutorial
A dear friend of mine starts out coinsurance conversations (yes, we actually sit around and talk about this sort of thing, usually with a malted adult beverage) with the following disclaimer/statement/warning: "Coinsurance is evil and must be destroyed."
October 1, 2020
Education & Training
Property

The Unprecedented Hurricane Season
The National Oceanic and Atmospheric Administration (NOAA), part of the Department of Commerce, released a report in May predicting a strong chance of a busy Atlantic hurricane season this year. So far, that prediction has held true.
October 1, 2020
Catastrophe
Property

Adjusting Hurricane Claims Amidst The Pandemic
Six months into the coronavirus pandemic, the insurance industry continues to adjust to changes and new ways of handling insurance claims.
October 1, 2020
Property

After Easter Storms In Chattanooga Area, Recovery Is Slow And Hurdles Are High
Five months after an Easter night tornado sent trees crashing through her roof and rain cascading into her kitchen, Lauren Cameron’s home was still draped in blue tarps, wide open to the weather.
October 1, 2020
Catastrophe
Property
Tennessee

California Cannabis Farmers Refuse To Evacuate As Fire Encroaches
Cannabis farmers in the communities of Post Mountain and Trinity Pines, California are refusing to evacuate their cultivation sites even as the August Complex wildfires close in and weather forecasters predict more fire-friendly conditions, the Associated Press reports.
September 29, 2020
Property
California

Famed Winery Destroyed By Glass Fire; Thousands Evacuate Napa Valley Area
Two thousand people in Californias Napa Valley wine growing area have been ordered to evacuate their homes, and another 3,000 have been told to prepare to, amid rapidly-spreading wildfires which have destroyed at least one winery.
September 28, 2020
Property
California

Hurricane Sally Could Drive $3.5B Industry Loss In US, Says RMS
Catastrophe risk modeller RMS has estimated that total insured losses from Hurricane Sally in the US will be between $2.0 billion and $3.5 billion.
September 24, 2020
Auto
Catastrophe
Property
Alabama
Florida
Georgia

Bobcat Fire: Officials Investigate Whether Southern California Utility Sparked Blaze
Federal investigators are looking into whether a huge wildfire burning in the mountains near Los Angeles was sparked by Southern California Edison utility equipment, according to the company.
September 24, 2020
Property
Subrogation
California

Five Months Later, Many Chattanooga-Area Tornado Victims Are Still Fighting For Aid
When a 1,500-yard-wide tornado tore through the Chattanooga area just before midnight on Easter, thousands of buildings were devoured in a matter of minutes, leaving locals to rebuild their homes and lives.
September 22, 2020
Property
Tennessee

Hurricane Sally: Significant Flood Damage But Moderate P/C Losses, Moodys Says
On 16 September, Hurricane Sally made landfall on Wednesday near Mobile Bay, Ala., and the western portion of the Florida Panhandle as a Category 2 storm with destructive winds of 105 mph, causing significant rain and storm surge.
September 22, 2020
Auto
Property
Alabama
Florida
Georgia
North Carolina
South Carolina

Sheriff: More Than 2,800 Structures Destroyed By Almeda Fire
The count of structures lost to the Almeda fire keeps growing, with more than 2,800 now tallied as having been destroyed by the fire, Jackson County Sheriff Nate Sickler reported Friday afternoon.
September 21, 2020
Auto
Property
Oregon

Tropical Storm Beta Takes Aim At Texas, Louisiana As Gulf Coast Sees Storm Surge And Flooding
Tropical storm conditions will spread over the Texas coast on Monday as Tropical Storm Beta churns toward landfall, even as the storm is already bringing flooding to low-lying areas.
September 21, 2020
Property
Louisiana
Texas

California Regulator, Insurers To Work Together On Fire Risk Mitigation Standards
California’s insurance commissioner announced a plan to tackle the state’s wildfire insurance crisis Wednesday, saying the state will collaborate with the industry to develop standards for “hardening” homes and communities against fire risk.
September 17, 2020
Catastrophe
Legislation & Regulation
Property
California



