
New Mexico Property Insurance Rates Impacted By Wildfire Risk
All the smoke and fire year in and year out adds up to New Mexico having the nation's 13th-highest home insurance rates, a new QuoteWizard study shows. The other 12 are all in Tornado Alley or prime hurricane territory.
July 25, 2022
Property
New Mexico

In Wake Of Marshall Fire, Colorado Commissioner Considers State Insurance Fund
As home insurers abandon California due to devastating wildfires, some worry Colorado could be next. "It's something we need to be prepared for what the future could look like if we don't help the market stabilize and keep insurance companies here," said Colorado Insurance Commissioner Mike Conway.
July 25, 2022
Insurance Industry
Property
Colorado

Missouri Takes A Stand On Depreciation
On June 28, the Missouri Court of Appeals upheld a lower court's decision finding Lexington Insurance Company ('Lexington') breached its policy with homeowner Cynthia Franklin. Franklin's home has sustained damage in a May 2016 storm for which she submitted a claim with Lexington.
July 22, 2022
Litigation
Property
Missouri

FEMA Report: Flood Insurance Hikes Will Drive 1M From Market
When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation's flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it.
July 22, 2022
Property
Newly Litigated Florida Claims & AOB Percentage Of Them Rises
The latest monthly data from CaseGlide shows a resurgence in newly litigated property insurance claims at Florida's largest P&C insurers, while the percentage of litigated claims related to the assignment of benefits (AOB) rose further.
July 21, 2022
Litigation
Property
Florida

Trouble With California’s FAIR Plan
After the CZU Lightning Complex Fires ripped through the Santa Cruz Mountains in 2020, Sarah Mapel's home was one of the few in her Boulder Creek neighborhood left standing.
July 20, 2022
Legislation & Regulation
Property
California

Mercury Unearths Fraudulent Smoke And Ash Damage Claims
Mercury Insurance's special investigations unit has discovered fraudulent claims reported for smoke and ash damage all filed by the same public adjuster.
July 19, 2022
Fraud
Property

California’s ‘Insurer Of last Resort’ Accused Of Wrongly Denying Wildfire Claims
After the CZU Lightning Complex Fires ripped through the Santa Cruz Mountains in 2020, Sarah Mapel's home was one of the few in her Boulder Creek neighborhood left standing. But after returning to the three-bedroom house built out of old-growth redwood, Mapel found wildfire smoke had inundated the interior and ruined most of her belongings.
July 15, 2022
Property

More Than 100,000 Without Power After Storm Sweeps Through Baltimore-Area Counties
A severe thunderstorm knocked out power to more than 100,000 homes in Baltimore, Carroll and Harford counties Tuesday, according to Baltimore Gas and Electric.
July 13, 2022
Catastrophe
Property
Maryland

Ready To Take The Plunge?
Are you a lifelong learner looking for a claims professional designation? Do you need professional development engagement? Are you ready to take the next step in your claims career?
July 7, 2022
Education & Training
Excess & Surplus Lines
Liability
Property
Workers' Compensation

At Least 150 Buildings Damaged By EF2 Tornado In Goshen, Ohio
A confirmed tornado, given a preliminary rating of EF2 on the Enhanced Fujita Scale, ripped through southwestern Ohio on Wednesday as severe thunderstorms rumbled through the region.
July 7, 2022
Property
Ohio

Explosion Destroys California Home, Damages Surrounding Residences
An explosion leveled at least one home and damaged several others early Wednesday in Victorville. The explosion was reported just before 3 a.m. in the 14900 block of Adalane Court in Victorville. One house was completely leveled by the explosion, which also sparked a fire at the home next door and damaged several homes across the street.
July 1, 2022
Property
California

Tennessee Court Of Appeals Rules That Concurrent Cause Doctrine Does Not Apply Where Covered Cause Is ‘Bound Up Inextricably’ With Excluded Cause
In the insurance context, the concurrent cause doctrine provides that there is insurance coverage available when a covered (non-excluded) cause is a substantial factor in producing a loss, even though an excluded cause may have contributed in some form to the ultimate result.
June 30, 2022
Liability
Property
Tennessee

Scientists Weigh In On Nebraska’s Unusual Hail Storms
Nebraskans have watched severe weather track across the state in waves since May, devastating some areas multiple times. In Kearney, Realtor Patrick Slack can only shake his head at the damage. A commercial building was so badly pummeled by hail that the loss was larger than the sale price, Slack said.
June 27, 2022
Catastrophe
Property
Nebraska

Casino COVID-Related Ruling Overturned In Favor Of Insurers
A New Jersey appeals court overturned a lower court and ruled against an Atlantic City casino and in favor of units of Zurich Insurance Group Ltd., American International Group Inc. and Allianz SE in COVID-19-related business interruption coverage Thursday.
June 27, 2022
Litigation
Property
New Jersey



