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Tennessee Wildfires Contained, 300 Structures Damaged

Tennessee Wildfires Contained, 300 Structures Damaged

Crews from the Tennessee Division of Forestry on Sunday continued to douse hot spots and fight the fires sparking near the Great Smoky Mountain National Park in Sevier County.
April 4, 2022 Property Tennessee

Tornado Damage To Round Rock, TX Homes Estimated At $32M

Tornado Damage To Round Rock, TX Homes Estimated At $32M

A week after a tornado ripped through Round Rock, city leaders on Monday released their official estimates on the damage left behind. According to preliminary assessments, more than 680 residential structures were damaged at an estimated cost of $32 million.
March 31, 2022 Property Texas

Judge OKs $83M For Property Loss In Florida Condo Collapse

Judge OKs $83M For Property Loss In Florida Condo Collapse

People who owned units in a Florida oceanfront condominium building that collapsed last year will divide $83 million for property losses, with the compensation for families over the 98 deaths still to be determined, a judge ruled Wednesday.
March 31, 2022 Property Florida

At Least 2 Killed In Florida As Tornado Outbreak Batters Southern US

At Least 2 Killed In Florida As Tornado Outbreak Batters Southern US

A line of severe storms packing isolated tornadoes and high winds ripped across the Deep South overnight killing at least two in the Florida Panhandle, toppling trees and power lines and leaving homes and businesses damaged as the vast weather front raced across several states.
March 31, 2022 Property Alabama Arkansas Florida Mississippi Missouri

A New Approach To Anticipating Flood Damage

A New Approach To Anticipating Flood Damage

A recent research paper presents a ‘proof of concept’ for predicting flood damage probabilities - ‘ using only open-source data and machine learning methods - ‘ that the authors say can ‘fill in gaps of unreported or unaccounted flood damage, identify unexpected damage, and rapidly update estimates [of flood damage probabilities] as new information becomes available.’
March 30, 2022 Property

Why Killing Mold Is Not Enough For An Insurance Claim

Why Killing Mold Is Not Enough For An Insurance Claim

Claims adjusters and managers recognize that most home and business policies have caps on the amount paid out to deal with mold remediation.
March 25, 2022 Property

Fraud, Litigation Push Florida’s Home Insurers Into Insolvency

Fraud, Litigation Push Florida’s Home Insurers Into Insolvency

Insurers protecting Florida’s homeowners are going under. And it’s not the state’s infamous storms dragging the firms down -- it’s a deluge of lawsuits and fraud.
March 24, 2022 Fraud Litigation Property Florida

 State Of Emergency Declared After Tornadoes Slice Through New Orleans Area

State Of Emergency Declared After Tornadoes Slice Through New Orleans Area

Louisiana’s governor declared a state of emergency on Wednesday after tornadoes sliced through the New Orleans area Tuesday night, lifting homes off their foundations, leaving thousands without power and killing at least one person.
March 24, 2022 Catastrophe Property Louisiana

Insurer Loses First Federal Hurricane Laura Court Case

Insurer Loses First Federal Hurricane Laura Court Case

The first ever Hurricane Laura case heard by a federal court has ended in a decision against an insurance company and in favor of Joey Odem, the plaintiff who is the owner of a commercial property near Lake Charles’ Petro Point.
March 18, 2022 Litigation Property Louisiana

Insurers No Longer On The Sidelines With Blockchain

Insurers No Longer On The Sidelines With Blockchain

Blockchain technology is making inroads in the insurance sector. Used to automate and streamline processes for paying claims, blockchain is being embraced by more and more insurance entities looking for streamlined transactions.
March 18, 2022 Liability Property Technology

Insurer Not Obligated To Defend Landscaping Firm In Landslide Case

Insurer Not Obligated To Defend Landscaping Firm In Landslide Case

An insurer is not obligated to defend or indemnify a landscaping company for a catastrophic landslide that occurred at homeowners’ properties under a policy exclusion, a federal appeals court ruled Friday in affirming a lower court ruling.
March 16, 2022 Litigation Property California

Property Insurance Reform Bill Dies as Florida Legislative Session Draws to a Close

Property Insurance Reform Bill Dies as Florida Legislative Session Draws to a Close

With just two days left in the 2022 Florida legislative session, a comprehensive property insurance reform bill appears to be dead. But lawmakers were said to be looking for ways to fold some of the main provisions into other bills as the clock winds down.
March 11, 2022 Legislation & Regulation Property Florida

An Update To The Enhanced Fujita Scale

An Update To The Enhanced Fujita Scale

Dr. Ted (Tetsuya) Fujita created a tornado damage scale in 1970 after the Lubbock, Texas tornado. The damage scale was divided into six categories where F0 corresponded with minor damage to houses with estimated winds of 40 - 72 mph (18 – 32 m/s) all the way up to F5 where strong frame houses were swept off their foundations in estimated winds of 261 - 318 mph (117 – 142 m/s).
March 9, 2022 Catastrophe Property

Iowa Bill Limiting Scope Of Home Insurance Appraisals In Limbo

Iowa Bill Limiting Scope Of Home Insurance Appraisals In Limbo

It’s not clear whether Iowa lawmakers will advance a bill that critics said will make it harder for homeowners to successfully make insurance claims for damage caused by natural disasters like the tornadoes that swept through the state on Saturday.
March 8, 2022 Legislation & Regulation Property Iowa

NWS Confirms EF-4 Tornado Struck Central Iowa, Six Fatalities

NWS Confirms EF-4 Tornado Struck Central Iowa, Six Fatalities

An EF-4 tornado hit Winterset before continuing on to Norwalk, Pleasant Hill and Newton among other central Iowa communities on Saturday afternoon, the National Weather Service confirmed.
March 7, 2022 Property Iowa
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