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.<br /><br />"
September 15, 2021
Property
Florida
Louisiana
Mississippi
New Jersey
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
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
Ida Insured Losses May Reach $30 Billion
Hurricane Ida may have caused $30 billion or more in insured losses nationwide, making it one of the costliest disasters in U.S. history, according to a new estimate released Monday.
September 13, 2021
Auto
Catastrophe
Property
Allstate, USAA To Provide Additional ALE Coverage To Ida Evacuees In Louisiana
Two of the most prominent U.S. insurance companies have responded to President Joe Biden’s call to cover additional living expenses for policyholders in Louisiana who evacuated their homes ahead of Hurricane Ida, but were not under specific mandatory evacuation orders.
September 9, 2021
Catastrophe
Property
Louisiana
New York Regulators Urge Swift Claims Resolution, Approve Independent Adjusters From Other States
New York State officials, bracing for a rush of insurance claims after record-breaking rain submerged large parts of New York City, are urging insurance companies to expedite storm-related claims.
September 8, 2021
Auto
Property
New York
Fire Destroys Classic Cars Workshop, Vehicles Inside
Fire destroyed a garage complex in East Bay Township that was part of a classic car restoration shop, and about a dozen cars inside.
September 8, 2021
Auto
Property
Michigan
Hurricane Ida And Business Interruption Claims: The COVID Variant Will Only Magnify Delays And Increase Losses
On the 16th anniversary of Hurricane Katrina, the state of Louisiana faced off against a similarly fearsome enemy as Hurricane Ida made landfall on August 29 as a CAT 4.
September 3, 2021
Property
Risk Management
Ida Batters Northeast With Record Rain And Floods, Tornado
At least 22 people were killed as the remnants of Hurricane Ida battered New York and New Jersey with tornadoes, record rain and flooding that left the area deluged and under states of emergency on Thursday.
September 2, 2021
Auto
Property
New Jersey
New York
Pennsylvania
KCC: Insurers May Take $18B Hit From Hurricane Ida
Insurers are bracing for a hit of about $18 billion from Hurricane Ida in the United States and the Caribbean, catastrophe modeling company Karen Clark & Co (KCC) said on Wednesday.
September 1, 2021
Auto
Catastrophe
Property
Louisiana
Mississippi
Court Allows Another Lawsuit Seeking Business Interruption Insurance Coverage for COVID-19 to Proceed
On August 16, 2021, the District Court for Clark County, Nevada, denied an insurance company’s motion to dismiss a property owner’s lawsuit seeking business interruption insurance coverage due to COVID-19.
August 31, 2021
Litigation
Property
Nevada
North Carolina
California Wildfire Races Toward Lake Tahoe After Mass Evacuation
A ferocious wildfire swept toward Lake Tahoe on Tuesday just hours after roads were clogged with fleeing cars when the entire California resort city of South Lake Tahoe was ordered to evacuate and communities just across the state line in Nevada were warned to get ready to leave.
August 31, 2021
Property
California
Post-Pandemic Mindshift Needed In Claims Leadership: Desjardins Execs
Claims leaders will need to evolve their mindsets if property & casualty insurers are to succeed in meeting customer demands post-COVID, senior Desjardins Insurance Group execs suggest.
August 30, 2021
Liability
Property
Technology
Water Rescues, Wiped Grid As Louisiana Recovers From Hurricane Ida
Ida has weakened to a tropical storm as it moves over southwestern Mississippi. On Tuesday, Ida is expected to move across the Tennessee Valley. Hurricane Ida made landfall Sunday at 11:55 a.m. in Port Fourchon.
August 30, 2021
Auto
Catastrophe
Property
Louisiana
New Jersey Homeowner Battling Insurance Claim Nightmare
On a cold winter night in December 2019, Lisa Elvin’s Parsippany home was destroyed by a fire. Two of her teenagers were upstairs watching television when they smelled fire and saw smoke.
August 25, 2021
Property
New Jersey
