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Insurance Claims Spookily Spike as Halloween Nears, Says APCIA

Insurance Claims Spookily Spike as Halloween Nears, Says APCIA

Halloween might be the scariest time of the year in more ways than one. Home and auto insurance claims tend to go up the closer we get to Oct. 31, according to the American Property Casualty Insurance Association.
October 30, 2023 Auto Liability Property

Navigating Through the Vines: Assessing the Current State of Winery Insurance Market in California

Navigating Through the Vines: Assessing the Current State of Winery Insurance Market in California

While certain geographies are experiencing a tightening of P&C capacity, especially in California, wineries in the region are feeling the sting more than most due to extreme weather events.
October 30, 2023 Insurance Industry Property California

Striking a Digital Balance: Insurers Tackling Claims Complexity in a Digital Age

Striking a Digital Balance: Insurers Tackling Claims Complexity in a Digital Age

Americans are turning to digital channels for some home and auto insurance needs, but other areas have proven more complicated.
October 27, 2023 Auto Insurance Industry Liability Property Technology

Illinois Court Rules Insurer Had Contractual Right to Subrogation

Illinois Court Rules Insurer Had Contractual Right to Subrogation

Zurich American Insurance Co. may pursue a subrogation lawsuit against a subcontractor that it says forced it to pay a nearly $3 million builder's risk claim.
October 25, 2023 Legislation & Regulation Litigation Property Subrogation Workers' Compensation Illinois

Florida Case Study Shows Benefits of Hurricane Adaptation Efforts

Florida Case Study Shows Benefits of Hurricane Adaptation Efforts

A recent case study by Moody's reveals that in locations like South Florida, meeting or surpassing evolving building codes can slash home damage costs almost tenfold.
October 24, 2023 Catastrophe Insurance Industry Legislation & Regulation Property Risk Management Florida

HoneyQuote Partners with First Connect to Give Agents Access to the Florida Insurance Market

HoneyQuote Partners with First Connect to Give Agents Access to the Florida Insurance Market

HoneyQuote, a digital insurance marketplace, has partnered with First Connect Insurance Services to grant thousands of independent agents nationwide the ability to seamlessly write policies in Florida.
October 23, 2023 Insurance Industry Property Technology Underwriting Florida

Less Red Ink in Florida, Two New Insurers, and Citizens Wants Commercial Take-outs

Less Red Ink in Florida, Two New Insurers, and Citizens Wants Commercial Take-outs

Florida-based insurers still aren't profitable, overall, but their net losses and underwriting losses are getting smaller. Two more property insurance companies are preparing to enter the Florida market.
October 11, 2023 Insurance Industry Legislation & Regulation Litigation Property Florida

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

Texas Supreme Court Hears Arguments on Attorney Fee Awards When Appraisal Awards Are Paid

Texas Supreme Court Hears Arguments on Attorney Fee Awards When Appraisal Awards Are Paid

Insurance defense attorneys on Wednesday urged the Texas Supreme Court to uphold the 'plain language' of a law passed in 2017 that they say precludes recovery of attorney fees in cases where the insurer pays the full amount of an appraisal.
October 5, 2023 Litigation Property Texas

Property Insurers’ Exodus Presents Challenges and Opportunities

Property Insurers’ Exodus Presents Challenges and Opportunities

The exodus of some insurers from states badly affected by catastrophic climate-related events represents an opportunity for the carriers that remain, but comes with a need to understand the potential effect it has on customer perceptions, according to the J.D. Power 2023 U.S. Home Insurance Study.
October 4, 2023 Catastrophe Property Risk Management California Florida Louisiana

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

California’s New Firefighting Ally is Artificial Intelligence

California’s New Firefighting Ally is Artificial Intelligence

Firefighters want every leg up they can get to knock out a blaze before it becomes an inferno. The California Department of Forestry and Fire Protection says it has a new tool to battle wildfires before they explode -- artificial intelligence.
September 28, 2023 Property Technology California

Dispute Over Cigarette Ends in Anchorage Apartment Fire

Dispute Over Cigarette Ends in Anchorage Apartment Fire

A federal grand jury in Alaska has returned an indictment against 24-year-old Paul Bates of Anchorage, charging him with intentionally starting a fire in an apartment building on October 30, 2022.
September 27, 2023 Property Weird Alaska

Florida Insurance Adjusters and Contractor Arrested in $57K Fraud Scheme Targeting Elderly Victim

Florida Insurance Adjusters and Contractor Arrested in $57K Fraud Scheme Targeting Elderly Victim

Four individuals, including two licensed public insurance adjusters, one unlicensed insurance adjuster, and a mold contractor, have been arrested on multiple felony charges for their alleged involvement in a scheme to defraud a 94-year-old woman and Citizens Insurance.
September 26, 2023 Fraud Property Florida

Shutdown Threat Looms Over U.S. Flood Insurance

Shutdown Threat Looms Over U.S. Flood Insurance

Even as the 2023 Atlantic hurricane season proves to be more intense than originally predicted, federal funding for the National Flood Insurance Program (NFIP) is threatened by a potential government shutdown.
September 22, 2023 Legislation & Regulation Property
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