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No Bad Faith When Insurer Relied On Opinion Of Independent Consultant

No Bad Faith When Insurer Relied On Opinion Of Independent Consultant

The Court of Appeals of Georgia recently held that an insurer’s reliance on the report of an independent consultant creates a presumption that it did not act in bad faith in denying coverage.
September 21, 2021 Litigation Property

State Farm To Deploy Quadruped Robot For Claims, Inspections

State Farm To Deploy Quadruped Robot For Claims, Inspections

A robotic insurance adjuster? Woodland Hills-based Farmers Insurance announced on Monday, Sept. 20, that the company will soon deploy ‘Spot,’ a robot, to assist with catastrophe claims and property inspections.
September 21, 2021 Catastrophe Property

Hurricane Nicholas Insured Loss Around $950M: KCC

Hurricane Nicholas Insured Loss Around $950M: KCC

The insurance and reinsurance market loss from recent hurricane Nicholas is estimated to be around US $950 million, according to modelling analysis undertaken by catastrophe risk specialist Karen Clark & Company.
September 20, 2021 Auto Catastrophe Property Louisiana Texas

Flying High With Drones, From Pre-Loss Risk Assessment To CAT Response

Flying High With Drones, From Pre-Loss Risk Assessment To CAT Response

By 2022, 2.85 million small drones will be flying the friendly skies, according to projections by the Federal Aviation Administration.
September 20, 2021 Catastrophe Property Technology Underwriting

Ski Resorts Operator Sues Insurer Over $200M In Denied COVID Losses Claims

Ski Resorts Operator Sues Insurer Over $200M In Denied COVID Losses Claims

When viruses shut down ski operations at Canadian Mountain Holidays and Ontario’s Blue Mountain Resort in 2015 and 2018, Lexington Insurance Co. paid the resort owners $200,000 in business interruption claims.
September 20, 2021 Litigation Property Colorado

Prepare To Fight For Storm Compensation Claims, Louisiana Insurance Commissioner Says

Prepare To Fight For Storm Compensation Claims, Louisiana Insurance Commissioner Says

Louisiana Insurance Commissioner Jim Donelon said Wednesday that policyholders who were affected by Hurricane Ida and Tropical Storm Nicholas - and who might have to weather more storms before this year’s hurricane season ends - should file claims early and be prepared to fight for them.
September 17, 2021 Property Louisiana

Another Chevy Bolt Fire, This Time In Georgia

Another Chevy Bolt Fire, This Time In Georgia

While General Motors is working with battery supplier LG even more closely than before to find a fix for the Chevy Bolt EV and Bolt EUV spontaneous combustion issue, cars are still going up in flames.
September 17, 2021 Auto Property Georgia

As Nicholas Stalls Over Louisiana, Three Potential Storms Are Crowding The Atlantic

As Nicholas Stalls Over Louisiana, Three Potential Storms Are Crowding The Atlantic

Three weather disturbances lurking in the Atlantic could spell trouble for U.S. coastal areas once the relentless rains from the remnants of Hurricane Nicholas finally pass.
September 16, 2021 Property Alabama Louisiana Mississippi

A Wooden Roller Coaster

A Wooden Roller Coaster

The recent COVID-19 pandemic has upended nearly every aspect of life. Supply chains for everyday staples and luxury goods have been disrupted, expectedly impacting prices for all members of those chains, as well as end users.
September 16, 2021 Property Underwriting

NFIP Expiration Would Impact 500,000 Louisiana Homeowners

NFIP Expiration Would Impact 500,000 Louisiana Homeowners

In about two weeks, the National Flood Insurance Program (NFIP) is set to expire, and its end could leave some 500,000 homeowners in Louisiana without coverage for flood damage.
September 16, 2021 Property Louisiana

ClaimsPro Acquires Adjusting Firm CJ Hester

ClaimsPro Acquires Adjusting Firm CJ Hester

ClaimsPro, an independent adjusting and claims management company, has announced that it has acquired CJ Hester, a multi-state independent adjusting company based in Mobile, Ala.
September 15, 2021 Property Alabama Florida Georgia Louisiana Mississippi

New Jersey Insurance Adjusters In Short Supply After Ida

New Jersey Insurance Adjusters In Short Supply After Ida

It felt like the end of her world for Clifton’s Maria De Lourdes Torres. In March, her husband of 40 years, Norman Chidiac, died of COVID-related complications. Then came Hurricane Ida.
September 15, 2021 Property New Jersey

The Federal Government Sells Flood-Prone Homes To Often Unsuspecting Buyers

The Federal Government Sells Flood-Prone Homes To Often Unsuspecting Buyers

The first thing Larry McCanney fell in love with was the tree in the front yard. It cast shade on the porch of a house that, if he were honest, needed some work. But McCanney is handy, the price was right and the location was perfect, just a couple of miles from his childhood home in Burlington, N.J.

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September 15, 2021 Property Florida Louisiana Mississippi New Jersey

Nicholas Threatens Flooding In Texas, Louisiana After Making Landfall As A Hurricane

Nicholas Threatens Flooding In Texas, Louisiana After Making Landfall As A Hurricane

Nicholas threatens to bring high winds, torrential rain and flooding to eastern Texas and Louisiana after making landfall early Tuesday as a Category 1 hurricane along the Texas Gulf Coast.
September 14, 2021 Property Louisiana Texas

Hotel Group Wins COVID-19 Business Interruption Coverage In Court

Hotel Group Wins COVID-19 Business Interruption Coverage In Court

A slew of COVID-related litigation is on the rise, and none more so than claims related to business interruption caused by pandemic shutdowns.
September 13, 2021 Litigation Property New Hampshire
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