Attorneys and insurance adjusters have difficulty in cases where flooding occurs because it is difficult to determine if a floor needs to be replaced or if it can be repaired.

Lori Willman was at home on a Sunday in June 2010 when someone from the sheriff’s department knocked on her door. A fire had started in the Coconino National Forest and everyone in Willman’s neighborhood, the Timberline Estates north of Flagstaff, needed to evacuate.

Peggy Honore paid her insurance premiums on-time, every month for more than a decade, but in the months after Hurricane Ida tore the roof off her Destrehan home, she’s struggled to get her insurer to call her back, answer her questions or respond to her claims.

A 4-year-old child and a 55-year-old woman have died after a house fire and explosion in Flint, Michigan, on Monday night, authorities said.

Insurers could use artificial intelligence to identify risks and prevent losses from happening. Why don’t they?

While the traditional view of claims is that it sits towards the back of the value chain, that is changing, a speaker said Wednesday during KPMG’s 30th annual insurance conference. The evolving role of claims was one of four macro (or high-level) trends discussed during the Reimagining Operations session at the virtual conference.

Canada’s property and casualty insurance industry was already facing the oft-mentioned ‘war for talent,’ and now it has to contend with a newer talent crunch: The ‘Great Resignation.’

The Louisiana Department of Insurance said that the board of directors of the Louisiana Citizens Property Insurance Corp. (Citizens) has voted to increase the amount of commercial property insurance coverage available to businesses to ensure they can acquire sufficient coverage through Citizens if they are not able to secure coverage in the private market.

Floods and landslides that have killed at least one person have cut all rail access to Canada’s largest port in the city of Vancouver, a spokesperson for the port said on Tuesday.

In his 2015 stand-up special The Comeback Kid, stand-up comedian John Mulaney joked that the government had ‘[become] like cool parents’ when it came to marijuana. It’s a claim many an onlooker would agree with.

Emergency officials in Whatcom County called it the worst flooding since 1990, and more is still to come.

Not one, not two, but three tornadoes touched down on Long Island Saturday in a first for Nassau and Suffolk counties, which have no records of a tornado striking in November.

Two of California’s worst wildfires in 2018 cost Allstate Corp. a half-billion dollars, but the insurance conglomerate was able to give investors some reassuring news: It had already shrunk its footprint in California by half, creating a buffer of sorts against future losses.

Catastrophe insurance plays a vital role in helping protect businesses and households from financial losses incurred from natural calamities, including earthquakes, floods, hurricanes, and wildfires, as well as man-made disasters such as explosions and terrorist attacks.

In 2020, catastrophic weather, including severe wildfires, seven major hurricanes and a destructive derecho drove the proportion of catastrophe losses up 40% from 2019.