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NWS Reports 19 Twisters In Nocturnal Tornado Outbreak Across Mississippi

NWS Reports 19 Twisters In Nocturnal Tornado Outbreak Across Mississippi

Nearly 100,000 Mississippi residents were under a tornado emergency on Sunday night, including the city of Tupelo, as a confirmed large and destructive tornado tore through the region.
May 3, 2021 Auto Property Mississippi

Damage From Texas, Oklahoma Hailstorms May Approach $3.5B

Damage From Texas, Oklahoma Hailstorms May Approach $3.5B

Major hailstorms pelted three big cities across the south-central United States on Wednesday night, shattering windows, denting vehicles and leaving behind headaches for homeowners.
April 30, 2021 Auto Property Oklahoma Texas

COVID, ‘Direct Physical Loss’ And Your Property Policy: Can The Courts Even Figure This Out?

COVID, ‘Direct Physical Loss’ And Your Property Policy: Can The Courts Even Figure This Out?

Whether property has suffered ‘direct physical loss’ when it cannot be used for its intended purpose is the first hurdle that most policyholders will face in the 1,500 lawsuits that have been filed regarding property insurance for COVID-19.
April 29, 2021 Litigation Property

Huge Hail, Damaging Storms Strike Texas And Oklahoma

Huge Hail, Damaging Storms Strike Texas And Oklahoma

Hail as large as softballs rained down Wednesday evening as severe thunderstorms struck parts of Texas and Oklahoma. There were 38 reports of severe hail across Texas and Oklahoma, including near San Antonio, Fort Worth and Oklahoma City, according to the Storm Prediction Center.
April 29, 2021 Auto Property Oklahoma Texas

Storms Trigger Flooding, Spawn Tornadoes In Southern Plains, Missouri, Arkansas

Storms Trigger Flooding, Spawn Tornadoes In Southern Plains, Missouri, Arkansas

Flooding and confirmed tornadoes caused damage in parts of Oklahoma and Missouri overnight and into Wednesday afternoon. Flooding was reported in Branson, Missouri, as well as several other areas, including Abilene, Texas, and Bentonville, Arkansas.
April 28, 2021 Auto Property Arkansas Missouri Oklahoma Texas

The ‘Low Hanging Fruit’ For Claims Innovation

The ‘Low Hanging Fruit’ For Claims Innovation

Collecting high-resolution images, making it easy to report a loss, and integrating the service providers into the claims process are claims innovations carriers need to bring in if they are not already, InsurTech North speakers suggested last week.
April 27, 2021 Property Technology

Updated Climate Change Risk Models Are Giving Insureds And Underwriters A Better Chance To Defend And Restore Property

Updated Climate Change Risk Models Are Giving Insureds And Underwriters A Better Chance To Defend And Restore Property

As it builds out a framework to model future climate risk, AIR Worldwide made changes last year to its hurricane and U.S. wildfire models with the goal of providing insurers and their clients with more accurate assessments of those morphing risks.
April 27, 2021 Property Risk Management

Florida Lawmakers Are Being Misled About Insurance Lawsuits, Expert Contends

Florida Lawmakers Are Being Misled About Insurance Lawsuits, Expert Contends

A state agency provided the Legislature with misleading data about Florida property insurance lawsuits, according to an insurance expert, adding to the debate as lawmakers consider a bill to limit consumer access to the courts when seeking claims from insurers.
April 22, 2021 Legislation & Regulation Property Florida

Why Was The Texas Freeze Such An Unprecedented Event?

Why Was The Texas Freeze Such An Unprecedented Event?

Texas is still shaking from one of the most damaging natural disasters in recent history. In February 2021, the southern state and its surrounding neighbors fell prey to Winter Storm Uri -- a deep freeze event that saw temperatures plummet as low as -18C.
April 21, 2021 Catastrophe Property Texas

Collision Repair Shops, Roofing Companies Booked After Central Texas Hail Storm

Collision Repair Shops, Roofing Companies Booked After Central Texas Hail Storm

Some homeowners and car owners in parts of Williamson and Travis counties are dealing with damage after Thursday’s hail storm.
April 19, 2021 Auto Property Texas

Average Dog-Bite Insurance Claim Now Tops $50,000

Average Dog-Bite Insurance Claim Now Tops $50,000

In the year of ‘pandemic pets,’ homeowners’ dog-bite injury claims fell overall, but the total cost of claims spiked to a record level, according to a new analysis of 2020 data from the Insurance Information Institute (III) and State Farm.
April 16, 2021 Liability Property

FEMA To Change Flood Insurance Pricing

FEMA To Change Flood Insurance Pricing

The Federal Emergency Management Agency (FEMA) is changing its National Flood Insurance Program (NFIP) pricing methodology beginning Oct. 1.
April 15, 2021 Legislation & Regulation Property

Report: Majority Of Property Claims Litigation Is In Florida

Report: Majority Of Property Claims Litigation Is In Florida

A new report from the state’s Office of Insurance Regulation found Florida accounted for over 76% of all homeowners’ litigation in the United States in 2019.
April 12, 2021 Litigation Property Florida

Coastal Alabama City Pummeled By Baseball-Size Hail

Coastal Alabama City Pummeled By Baseball-Size Hail

A cluster of severe storms swept across Southern states early Saturday, dropping large hail on a coastal Alabama city.
April 12, 2021 Auto Property Alabama

Above-Average Activity, Higher Chance Of Landfalls Forecast For 2021 Atlantic Hurricane Season

Above-Average Activity, Higher Chance Of Landfalls Forecast For 2021 Atlantic Hurricane Season

Initial projections from forecasters suggests that the 2021 Atlantic hurricane season could be very active, while the chance of major hurricane landfalls occurring is also seen as above-average.
April 12, 2021 Catastrophe Property
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