
Pennsylvania Chocolate Factory Explosion Kills Seven
Four more people have been found dead following a chocolate factory explosion in West Reading, Pennsylvania, last week, raising the death toll to seven, officials said Sunday night. All previously missing persons had been accounted for as of Sunday night.
March 27, 2023
Property
Workers' Compensation
Pennsylvania

California Faces Billions In Storm Damage To Crops, Homes And Roads
The costs of California’s relentless winter storms keep rising. And outside of the human toll -- with at least 28 people killed since January -- the price will be measured in billions.
March 24, 2023
Property
California

Florida Insurance Regulators Investigating Claims Of Altered Adjuster Reports
Gov. Ron DeSantis says two state investigations have been launched following reports that insurance companies have been slashing Hurricane Ian payouts, leaving homeowners to foot the repair bill.
March 22, 2023
Property
Florida

Summary Judgement Vacated In Policyholder’s Hurricane Harvey Damage Case
A federal appeals court on Friday reversed a lower court ruling in Lloyd’s favor in a property damage case stemming from Hurricane Harvey, ruling that the lower court judge had improperly excluded evidence in the case without the required analysis.
March 21, 2023
Litigation
Property
Louisiana

Risky Business: Weak Insurers Absorbing Louisiana Citizens’ Policyholders
Members of the board that oversees the Louisiana Citizens Property Insurance Corp. were primed for a discussion that nobody wanted to have.
March 21, 2023
Legislation & Regulation
Property
Louisiana

Documents Reveal Insurers Cut Down Independent Adjuster Estimates For Hurricane Ian Damages
When insurance adjuster Jordan Lee entered the cream-colored house battered by Hurricane Ian, the smell from the rain-soaked carpet made it hard to breathe. Piles of pink insulation covered the worn, white couches, he recalled, and poured from the collapsed ceiling, left gaping from the storm’s 150 mph winds
March 17, 2023
Property
Florida

San Clemente Apartments May Collapse Following Landslide
Apartment buildings were evacuated Wednesday after a landslide in San Clemente that left the rear of the buildings on the verge of collapsing down a steep hillside.
March 16, 2023
Property
California

Insurer Faces Class Action Over Depreciation Of Labor
An insurance company is being sued by customers who claim they were unpaid on claims because the carrier deducted labor depreciation from their payouts. Illinois residents Betty and Daniel Grawe filed a class action complaint against Trumbull Insurance Co. last month, claiming it shortchanged them on a property damage claim from May 2021.
March 15, 2023
Litigation
Property

How Digital Twins Help On Climate
Digital twins help insurers leverage high-quality data to counter unpredictable weather conditions caused by climate change.
March 14, 2023
Property
Risk Management
Underwriting

Court Advances COVID Business Interruption Case For Sports Teams Owner
A federal district court has refused to entirely dismiss COVID-19 business interruption litigation filed by the owner of several Washington, D.C., professional sports teams, based on its coverage’s communicable disease provisions.
March 9, 2023
Litigation
Property
District Of Columbia

IoT Device Saves Homes, May Help Prevent Wildfires
Internet of Things (IoT) technology offers homeowners the ability to predict and prevent costly damage to their dwellings and other property -- and it also may help head off devastating natural catastrophes.
March 9, 2023
Property
Risk Management
Technology

Homeowners Insurance Crisis: Will California Follow Florida And Louisiana?
Louisiana and Florida area already scrambling to keep their industries alive, but is California next? As premiums have been rapidly climbing in various parts of the industry in California, experts are starting to wonder if it will be the next state facing a homeowners insurance crisis.
March 8, 2023
Property
California

Insurer Loses Bid To Dismiss COVID Business Interruption Case
A federal district court has refused to dismiss COVID-19-related business interruption coverage litigation filed by a shopping mall owner against an American International Group Inc. unit, concluding that its policy’s pollution and contamination exclusion is ambiguous.
March 8, 2023
Litigation
Property
California
E-Scooter Battery Explosion Sparks Fire In Bronx Market
Seven people were injured after an e-scooter battery exploded in the back of a Bronx supermarket Sunday morning, officials said.
March 6, 2023
Property
New York

CAS Research Clarifies Role Of ‘Spatial Dependence’ In Flood Risk
It may seem like a no-brainer to say geographies that are near each other share certain risks -- particularly when talking about flood risk, which doesn’t respect artificial boundaries like ZIP Codes.
March 3, 2023
Property



