
Another One Bites The Dust: United P&C To Quit Florida, Louisiana, Texas And NY Homeowners Markets
St. Petersburg-based United Property & Casualty Insurance (United P&C) has filed plans to withdraw operations in Florida, Louisiana and Texas and intends to file a plan of withdrawal in New York, its parent company United Insurance Holdings Corp. (UPC) announced Thursday.
August 26, 2022
Insurance Industry
Liability
Property
Florida
Louisiana
New York
Texas

Texas Governor Declares Disaster For 23 Counties After Near-Record Rain, Flooding
Gov. Greg Abbott signed a disaster declaration after Monday’s severe flooding, including Dallas County, as the region recovers from a storm event that flooded roads, submerged cars, delayed flights, left at least one person dead and more than 100 homes damaged.
August 23, 2022
Auto
Property
Texas

Massachusetts Boatyard Fire Torches Buildings, Cars, Boats
A huge fire at a marina in Mattapoisett, Massachusetts, on Friday left several boats and vehicles as burned-out shells and produced a plume of black smoke so thick it was picked up by weather radar.
August 22, 2022
Auto
Marine
Property
Massachusetts

"Disturbing" Property Claims Tactics Surging In Louisiana
Market watchers and participants have noticed an uptick in new legal entrants and public adjusters entering Louisiana as firms look to grab a slice of the claims pie - and some are using ‘concerning’ tactics, industry insiders have warned.
August 19, 2022
Litigation
Property
Louisiana

As Policy Load Rises Steeply, Louisiana’s Insurer Of Last Resort Prepares For The Worst
Tens of thousands of homeowners and businesses have lost their property insurance coverage in the last year, following four major hurricanes, eight company failures and a dozen pullouts from the state’s increasingly dicey market. The shakeup has triggered a mass migration away from small private insurers.
August 18, 2022
Insurance Industry
Property
Louisiana

Forensic Meteorologists Bring Expertise To Major Flooding Claims
Floods are the nation’s most common and costly natural disaster, producing millions of dollars of destruction every year, and this year will be no exception. In just the last two weeks, there has been major flash flood events in St. Louis, Eastern Kentucky, parts of Virginia and West Virginia, and Death Valley.
August 15, 2022
Property

Large Hail Storm Causes Damage In Eastern Oregon
A thunderstorm rolled through northeastern Oregon on Thursday, dumping intense hail on parts of Wallowa and Union counties. In some areas, the hail was large and heavy enough to cause property damage.
August 12, 2022
Auto
Property
Oregon

House Explosion Kills 3 And Damages 39 Homes In Evansville, Indiana
Three people were killed Wednesday when a house exploded in the southern Indiana city of Evansville, authorities said.
August 11, 2022
Property
Indiana

Crypto Risks Prompt Uptick In Insurance Exclusions
As the crypto market crashes, some insurance companies are stepping up efforts to exclude coverage for crypto-related risks under a range of insurance policies. But because crypto is still new, insurers are having a hard time defining and pricing the risk.
August 5, 2022
Excess & Surplus Lines
Liability
Property

Northern California Community Razed By McKinney Fire
A week ago, the scenic Northern California hamlet of Klamath River was home to about 200 people and had a community center, post office and a corner grocery store. Now, after a wildfire raged through the forested region near the Oregon state line, four people are dead and the store is among the few buildings not reduced to ashes.
August 4, 2022
Auto
Property
California
Idaho
Montana
GEICO Closes California Insurance Offices; Policies Can Only Be Bought Online
GEICO has closed all of its 38 California agent offices that sell auto and homeowners policies and other lines and has also ended the practice of selling insurance through telephone agents in the state.
August 2, 2022
Auto
Property
California

State Of Emergency As Uncontrolled Wildfire Ravages Siskiyou County, California
A wildfire in Northern California that exploded in size over the weekend has killed at least two people, forced thousands to evacuate and grown into the state’s largest wildfire this year, with lightning Monday threatening its further expansion.
August 1, 2022
Auto
Property
California

Disastrous Floodwaters Hit Eastern Kentucky, Death Toll Expected to Rise
At least 16 people are dead following catastrophic flooding in Kentucky, Gov. Andy Beshear said Friday. That number is expected to double and includes children, he told CNN earlier, as rescuers scramble to reach areas difficult to access.
July 29, 2022
Auto
Property
Kentucky

Effective Claims Resolution Starts Well Before Any Loss
All carriers and brokers encourage their insureds to read and understand their policies. Claims resolution relies on all the work after that. At best, when a claim occurs it is swiftly paid and insureds understand their policy language and feel protected by it.
July 27, 2022
Insurance Industry
Liability
Litigation
Property
Workers' Compensation

Estimated $6M Property Loss From Balch Springs, Texas Grass Fire
The Balch Springs Fire Department has released more information about the grass fire that caught several homes on fire Monday afternoon. The grass fire was first reported to officials at 3:17 p.m. Monday. When fire officials responded, there were three acres on fire and winds were gusting between 15 and 20 MPH, causing the fire to spread quickly.
July 27, 2022
Property
Texas



