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Community Solar Project in Nebraska Offline After Major Hailstorm Damage

Community Solar Project in Nebraska Offline After Major Hailstorm Damage

A recent extreme weather event in the Great Plains has rendered a large solar farm in Scottsbluff, Nebraska inoperable. Last week a tornado and a powerful storm accompanied by baseball-sized hail struck the region, causing extensive damage.
June 30, 2023 Property Nebraska

Climate Crisis and Flood Vulnerability: Federal Analysis Fails to Reflect Actual Risk

Climate Crisis and Flood Vulnerability: Federal Analysis Fails to Reflect Actual Risk

A recent analysis reveals that the federal assessment of extreme rainfall is significantly underestimating the likelihood of flood events, raising concerns about infrastructure development, flood insurance costs, and public safety.
June 29, 2023 Catastrophe Property

Evidentiary Issues with Google Earth Images in Property Claims

Evidentiary Issues with Google Earth Images in Property Claims

In recent years, the use of Google Earth's satellite imagery has become an increasingly common method for locating or viewing specific addresses. Google Earth uses high-resolution cameras to obtain satellite images, which gives users a bird's eye view of nearly any location in the world.
June 28, 2023 Litigation Property

Hail Losses: June Storms Leave Massive Insured Damages

Hail Losses: June Storms Leave Massive Insured Damages

Severe thunderstorm activity from June 11-15 caused $7 billion to $10 billion in insured losses, according to a report Monday from data and analytics company CoreLogic Inc. This loss estimate includes damage to residential, commercial, and industrial property, as well as automobiles, but excludes damage to infrastructure such as roads, utilities and governmental facilities.
June 28, 2023 Auto Property Arkansas Oklahoma Texas

How to Prepare for Hail Season

How to Prepare for Hail Season

With the weather heating up, severe hailstorms abound. For insurance claims adjusters, this means preparing for an influx of claims. 6.2 million properties in the U.S. experienced one or more damaging hail events in 2020, with Texas, Nebraska and Minnesota the top three states, making these warm months a very busy time in the entire middle U.S.

To handle the high volume of claims effectively, adjusters need to be well-prepared and have the necessary tools and resources at their disposal. Here are a few tips to support the claims process during one of the busiest insurance seasons of the year.
June 27, 2023 Insurance Industry Property

California Appeals Court Overturns Denial of COVID-19 Insurance Claim

California Appeals Court Overturns Denial of COVID-19 Insurance Claim

Citing a communicable disease coverage extension, a California state appeals court overturned a lower court Thursday and ruled that a restaurant group was entitled to insurance coverage from an Allianz SE unit for its COVID-19-related business interruption losses.
June 26, 2023 Litigation Property California

LIGA and Unpaid Claims: Accountability Concerns Mount for Homeowners in South Louisiana

LIGA and Unpaid Claims: Accountability Concerns Mount for Homeowners in South Louisiana

South Louisiana homeowners are increasingly seeking compensation from the Louisiana Insurance Guaranty Association (LIGA) after a series of financial difficulties led a dozen insurers to enter receivership over the past 18 months. With approximately 40,000 unsettled claims left in their wake, homeowners are eager for resolution and payment.
June 26, 2023 Litigation Property Louisiana

Insights from the Insurance Litigation Report: Louisiana’s Western District Tops the List

Insights from the Insurance Litigation Report: Louisiana’s Western District Tops the List

From 2020 through 2022, the highest number of insurance cases in the U.S. were filed in the Western District of Louisiana, according to a new report from LexisNexis company Lex Machina.
June 23, 2023 Liability Litigation Property Louisiana

Tornado Leaves Catastrophic Damage in Matador, Texas

Tornado Leaves Catastrophic Damage in Matador, Texas

Texas Gov. Greg Abbott updated the state's disaster declaration on Thursday to include six additional counties on Thursday following deadly severe weather on Wednesday evening, bringing the total tally covered by the declaration to 21 counties.
June 23, 2023 Property Texas

Four Lives Lost in NYC Fire Caused by Exploding Lithium Ion Batteries

Four Lives Lost in NYC Fire Caused by Exploding Lithium Ion Batteries

A fire at a New York City e-bike shop quickly spread to upper-floor apartments and killed four people early Tuesday in the latest deadly blaze linked to exploding lithium ion batteries.
June 21, 2023 Liability Property New York

Is Your Forensic Investigation Worth It? Examining the Pros and Cons in Property Damage and Construction-defect Claims

Is Your Forensic Investigation Worth It? Examining the Pros and Cons in Property Damage and Construction-defect Claims

Insurance companies are obligated to investigate and make claims decisions based on informed judgments. Claims adjusters rely on various experts and their investigations to make educated claims decisions and combat the prevalence of false or inflated claims.
June 21, 2023 Liability Property

June Hailstorm in Texas Drives Insured Losses of Over $1B

June Hailstorm in Texas Drives Insured Losses of Over $1B

Catastrophe modeller Karen Clark & Company (KCC) has estimated that the June hailstorm in Texas has caused insured losses of over $1 billion.
June 20, 2023 Auto Catastrophe Property Texas

Will Florida Hurricanes Be Insurable in the 2030s?

Will Florida Hurricanes Be Insurable in the 2030s?

The future insurability of Florida hurricanes is in question because of storm severity, the state's storm-exposed coastal topography and development patterns, and Florida's high-cost legal environment. These factors combine to make coverage for hurricane risks in Florida the most expensive in the country.
June 16, 2023 Catastrophe Litigation Property Florida

Lightning Caused $952M in U.S. Insurance Claims in 2022

Lightning Caused $952M in U.S. Insurance Claims in 2022

More than $950 million in lightning-caused U.S. homeowners insurance claims were paid out in 2022 to 62,000-plus policyholders, with $125 million of the total attributable to California alone, according to the Insurance Information Institute (Triple-I.).
June 16, 2023 Property California Florida Georgia Texas

Perryton Tornado Disaster: 3 Fatalities and Extensive Damage Reported

Perryton Tornado Disaster: 3 Fatalities and Extensive Damage Reported

A destructive tornado tore through Perryton, Texas leaving a trail of devastation in its wake. The tornado, which directly struck the heart of the community, has claimed the lives of three individuals and caused significant damage to hundreds of homes and businesses.
June 16, 2023 Property Texas
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