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Creeks Swell, Dam Breaks In Northeastern NC, Flooding Businesses And Homes

Creeks Swell, Dam Breaks In Northeastern NC, Flooding Businesses And Homes

Many roads were washed out and trees were down blocking roads in Granville, Nash and Vance counties on Wednesday, making for hazardous driving conditions. Rocky Mount officials said Wednesday evening at least nine people were rescued from their home because of flooding around their house.
June 18, 2020 Property North Carolina

Wildfire Destroys 3 Homes In Butte County, California

Wildfire Destroys 3 Homes In Butte County, California

Several homes were destroyed or damaged by a grass fire Wednesday that was burning near Oroville. The fire ignited around 11:50 a.m. along Nelson Avenue, Cal Fire said. It charred an estimated 95 acres and was 100% contained by 7 p.m., according to Cal Fire.
June 18, 2020 Property California

Storm Leaves Catastrophic Hail Damage In Calgary

Storm Leaves Catastrophic Hail Damage In Calgary

The weekend hailstorm that tore up houses, smashed car windows and flooded streets in Calgary is expected to be labelled a natural catastrophe, according to an insurance expert.
June 17, 2020 Auto Catastrophe Property

A Word About Business Interruption Claims From Vandalism, Riot And Civil Commotion

A Word About Business Interruption Claims From Vandalism, Riot And Civil Commotion

The death of George Floyd is a national tragedy that should never have happened. The winds of change are in the air and we can only hope that peace, understanding, justice and fairness for all will prevail.
June 16, 2020 Property

How Is COVID-19 Affecting Claims Handling For Hurricane Damage?

How Is COVID-19 Affecting Claims Handling For Hurricane Damage?

As tropical storms become more likely, COVID-19 is changing the ways resulting insurance claims are handled. New tools and practices can help insurers work within physical distancing guidelines, for example. A survey of claims-related organizations reveals how the sector plans to change its processes for this year’s hurricane season.
June 16, 2020 Catastrophe Property Technology

Commercial Properties May Be Shut, But It’s Open Season For Spring Flooding

Commercial Properties May Be Shut, But It’s Open Season For Spring Flooding

At a time when many business owners would normally be looking to the skies and nearby waterways for seasonal flooding threats, thoughts are elsewhere in the spring of 2020.
June 15, 2020 Property

Several States Address Protest-Related Property Claims

Several States Address Protest-Related Property Claims

While the “Black Lives Matter” movement sweeping the US has been largely peaceful, some businesses have suffered from looting and vandalism with several state insurance regulators responding by ordering insurers to expedite any property damage claims affected businesses might file.
June 12, 2020 Legislation & Regulation Property

Top 10 Bizarre Insurance Claims

Top 10 Bizarre Insurance Claims

Insurance plays a significant role in everything imaginable. One reason why is because it must be legally owned to perform certain activities — think of auto insurance and driving a car; other examples of compulsory insurance include workers’ compensation and professional liability insurance.
June 12, 2020 Auto Liability Property Weird Workers' Compensation

How An Independent Adjusting Firm Is Handling Property Inspections

How An Independent Adjusting Firm Is Handling Property Inspections

Despite the unprecedented closures and precautions arising from the ongoing pandemic, claims adjusters continue to inspect properties affected by disasters.
June 12, 2020 Auto Property

Estimated Insured Losses From Tropical Storm Cristobal Near $150M

Estimated Insured Losses From Tropical Storm Cristobal Near $150M

Catastrophe modeling firm Karen Clark & Company (KCC) estimates that insured losses from Tropical Storm Cristobal will reach nearly $150 million. KCC’s estimate, which was based on its high-resolution US Hurricane Reference Model, includes privately insured wind and storm surge damage to residential, commercial, and industrial properties and vehicles.
June 11, 2020 Auto Property Alabama Louisiana Mississippi

Strong Winds Wreak Havoc On Colorado’s Eastern Plains, Causing Extensive Damage

Strong Winds Wreak Havoc On Colorado’s Eastern Plains, Causing Extensive Damage

A wild week of weather in Colorado continued overnight on Monday along the Eastern Plains where strong winds caused extensive damage to the towns of Akron and Haxtun.
June 10, 2020 Property Colorado

Future Is Already Here In Claims

Future Is Already Here In Claims

A perfect storm of macro factors has supercharged several trends in the insurance industry, producing almost touchless processes for claims and enabling cycle times of seconds, minutes and hours instead of days and weeks.
June 10, 2020 Auto Excess & Surplus Lines Liability Property Technology

Intense Blaze Consumes Apartment Construction Site In Downtown Phoenix

Intense Blaze Consumes Apartment Construction Site In Downtown Phoenix

Smoke continued to hang in the air Monday morning as firefighters mopped up hot spots after a huge fire destroyed a four-story apartment complex under construction in downtown Phoenix.
June 9, 2020 Excess & Surplus Lines Property Subrogation Arizona

Orlando’s EF-1 Tornado Damage Assessed At Nearly $900K

Orlando’s EF-1 Tornado Damage Assessed At Nearly $900K

A tornado was spotted in downtown Orlando Saturday evening after severe storms were reported in the area. The National Weather Service confirmed that an EF-1 tornado moved through Orlando, with winds reaching 100 mph to 105 mph.
June 9, 2020 Property Florida

Cristobal Downgraded To Tropical Depression After Weekend Of Flooding, Tornadoes

Cristobal Downgraded To Tropical Depression After Weekend Of Flooding, Tornadoes

Tropical Storm Cristobal downgraded to a tropical depression Monday morning as it continued to spiral north into Louisiana after a weekend that plagued Florida with tornado warnings including an EF1 tornado that damaged homes in Orlando.
June 8, 2020 Auto Property Florida Louisiana
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