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Disaster Area Near Houston After Large Tornado Tears Through

Disaster Area Near Houston After Large Tornado Tears Through

Emergency responders in the Houston area say they are responding to reports of damage and stranded motorists after a possible tornado moved through the area Tuesday.
January 25, 2023 Auto Property Texas

1 Dead, 10 Injured In NYC House Fire Sparked By Lithium-Ion Battery

1 Dead, 10 Injured In NYC House Fire Sparked By Lithium-Ion Battery

A man is dead after a late-night house fire was sparked by a lithium-ion battery in New York City, according to officials.
January 23, 2023 Life & Health Property New York

How Adjusters Can Benefit From Putting Consumers In Control Of Their Claims

How Adjusters Can Benefit From Putting Consumers In Control Of Their Claims

When severe weather events take place, not everything can be fixed overnight. There are only so many contractors and thousands of homes will likely need repairs ranging from major to minor.
January 19, 2023 Property

Wyoming Legislators Debate Drone Trespassing Bill Which Could Hamper Property Inspections

Wyoming Legislators Debate Drone Trespassing Bill Which Could Hamper Property Inspections

There was no resolution Friday for a bill that would make trespassing by drone a criminal offense in Wyoming, as the legislature’s Senate Judiciary Committee paused its debate until Monday.
January 17, 2023 Legislation & Regulation Property Wyoming

Insurer Introduces Commercial Parametric Flood Coverage In Five States

Insurer Introduces Commercial Parametric Flood Coverage In Five States

Parametric flood insurer FloodFlash has announced that it has entered into the US insurance market.
January 17, 2023 Property California Florida Louisiana Texas Virginia

Arrested: Adjuster Kept Hurricane Ida Claims Payouts

Arrested: Adjuster Kept Hurricane Ida Claims Payouts

Louisiana State Police arrested an insurance adjuster Thursday on charges of pocketing more than $592,000 that he obtained on behalf of seven Hurricane Ida victims in Orleans, St. Charles, St. John the Baptist and Tangipahoa parishes.
January 13, 2023 Fraud Property Louisiana

Building Must Fall To Trigger Collapse Coverage

Building Must Fall To Trigger Collapse Coverage

Allstate alleged that the property damage was not covered as a "collapse" and was excluded from coverage because it resulted from faulty construction and maintenance. The trial court granted summary judgment dismissing Windcrest’s claims. Windcrest appealed.
January 13, 2023 Litigation Property Washington

35 Tornadoes Reported Across The South Left At Least 7 Dead

35 Tornadoes Reported Across The South Left At Least 7 Dead

At least seven people, including a child, were killed Thursday as severe storms swept across the South, where ferocious winds sent residents running for cover, blew roofs off homes and knocked out power to thousands.
January 13, 2023 Property Alabama Georgia Kentucky

Florida’s Citizens Property Insurance Predicts Nearly 2M Policies In 2023

Florida’s Citizens Property Insurance Predicts Nearly 2M Policies In 2023

Florida’s insurer of last resort, Citizens Property Insurance Corps., predicts to hit a record with nearly 2 million policyholders by the end of 2023, citing ‘continued instability’ in the state’s insurance market.
January 12, 2023 Insurance Industry Property Florida

Hundreds Of Homes In Santa Cruz Region Damaged By Flooding, Wind

Hundreds Of Homes In Santa Cruz Region Damaged By Flooding, Wind

Chuck Hawley stared out at the waves swirling through Monterey Bay as he prepared to destroy the small beachfront home his parents built by hand in 1957. He had no choice: Storm-fueled waves in the region, just east of Santa Cruz, had torn the 1,100-square-foot house off its foundations and floated it 30 feet into the street.
January 10, 2023 Property California

Hurricane Fiona Insured Damage Estimate Now Over $800M

Hurricane Fiona Insured Damage Estimate Now Over $800M

Insured damages from Hurricane Fiona are now estimated at over $800 million, according to Catastrophe Indices and Quantification Inc. (CatIQ), as it remains the most costly extreme weather event ever recorded in Atlantic Canada.
January 6, 2023 Catastrophe Property

California Facing ‘Brutal’ Wind & Rain Impacts From Atmospheric Rivers

California Facing ‘Brutal’ Wind & Rain Impacts From Atmospheric Rivers

The US state of California is already facing flooding after torrential rains triggered by a first atmospheric river event that has driven storms and rainfall in from the Pacific, but forecasters are saying another ‘brutal’ period of wind and rain is expected to begin from Wednesday that could exacerbate the potential insurance market loss situation.
January 4, 2023 Property California

Likely Montgomery, Alabama Tornado Damages Dozens Of Homes

Likely Montgomery, Alabama Tornado Damages Dozens Of Homes

A possible tornado struck neighborhoods in east Montgomery before dawn Wednesday, damaging homes, ripping down trees, and tossing vehicles.
January 4, 2023 Auto Property Alabama

Colorado May Create Home Insurer of Last Resort

Colorado May Create Home Insurer of Last Resort

Sate lawmakers are preparing to introduce a bill in the legislature that would create a quasi-governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the risk of wildfire is growing.
January 3, 2023 Legislation & Regulation Property Colorado

Business Insurance Battle For COVID Losses Shifts To State High Courts

Business Insurance Battle For COVID Losses Shifts To State High Courts

Every federal appellate court to consider the question so far has ruled that commercial all-risk property insurance policies do not cover income lost due to the Covid-19 pandemic, but policyholders’ lawyers say the fight is just getting started on the battlegrounds that matter the most: the state supreme courts.
January 3, 2023 Litigation Property California
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