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Uri Insurance Claims Will Generate Substantial Coverage Litigation

Uri Insurance Claims Will Generate Substantial Coverage Litigation

Coverage litigation arising from Winter Storm Uri’s impact on Texas is likely to be significant, due to the vast number of businesses hit both within the state and beyond, legal experts say.
February 23, 2021 Auto Catastrophe Liability Property Texas

Flood Premiums Set To Soar

Flood Premiums Set To Soar

New insurance premiums for the federal flood insurance program will soon be unveiled, but experts are concerned that some homeowners will be paying significantly much more than everyone else.
February 22, 2021 Legislation & Regulation Property

Property Claims Skyrocket As Texas Thaws Out

Property Claims Skyrocket As Texas Thaws Out

Even as power has flickered back on, the deep freeze San Antonio was cast into last week continues to cause problems in the form of burst pipes, collapsed roofs, and water damage.
February 22, 2021 Catastrophe Property Texas

Texas’s Brutal Winter Storm To Bring A Glut Of Insurance Claims

Texas’s Brutal Winter Storm To Bring A Glut Of Insurance Claims

Crippled by a winter storm, Texas is becoming a hotbed of insurance claims.
February 19, 2021 Property Texas

US Winter Storm Uri Insured Loss May Reach Double-Digit Billions

US Winter Storm Uri Insured Loss May Reach Double-Digit Billions

The ongoing winter storm event in the United States, named winter storm Uri, is thought likely to become the largest winter storm loss on record for the insurance and reinsurance industry, while the Texas insurance regulator said it could have a bigger impact than hurricane Harvey.
February 19, 2021 Auto Catastrophe Property North Carolina Texas

Frozen And Burst Pipes: Expect Many Insurance Claims After Historic Cold In Texas

Frozen And Burst Pipes: Expect Many Insurance Claims After Historic Cold In Texas

Historic winter weather has frozen much of Texas, leading to surreal scenes in regions of the state that are known for being hot and dry.
February 18, 2021 Property Texas

Texas’ Energy Pride Goes Out With Cold

Texas’ Energy Pride Goes Out With Cold

Anger over Texas’ power grid failing in the face of a record winter freeze mounted Tuesday as millions of residents in the energy capital of the U.S. remained shivering with no assurances that their electricity and heat — out for 36 hours or longer in many homes — would return soon or stay on once it finally does.
February 17, 2021 Excess & Surplus Lines Property Subrogation Texas

NWS Surveys Damage From Unusual EF3 Tornado In North Carolina

NWS Surveys Damage From Unusual EF3 Tornado In North Carolina

The survey team for the National Weather Service is currently North of U.S. 17, where they believe the tornado traveled after touching down in southern Brunswick County.
February 17, 2021 Property North Carolina

Oregon Utilities Work To Restore Power After Ice Storm Damage

Oregon Utilities Work To Restore Power After Ice Storm Damage

While much of the snow and ice from last weekend’s winter storm has melted, hundreds of thousands of Oregonians are still without power, heat, internet and other services.
February 17, 2021 Excess & Surplus Lines Property Oregon

Heavy Snowloads Are Collapsing Chicago-Area Roofs

Heavy Snowloads Are Collapsing Chicago-Area Roofs

This year’s especially snowy winter is weighing on Chicagoans’ hearts, spirits and shoulders. But most of all, it’s weighing on their roofs.
February 17, 2021 Property Illinois

Winter Storm Uri Spawns Deadly, Destructive Tornadoes

Winter Storm Uri Spawns Deadly, Destructive Tornadoes

A deadly tornado fueled by a major winter storm struck a coastal North Carolina community late Monday night and killed at least three people and injured 10 more.
February 16, 2021 Property Georgia North Carolina

CA Insurance Regulator Announces New Incentives For Fireproofing Homes

CA Insurance Regulator Announces New Incentives For Fireproofing Homes

To help prepare homeowners protect themselves from the risk of wildfires – and to lower insurance rates at the same time – California insurance commissioner Ricardo Lara announced that there would be new incentives for owners of older homes who choose to make their properties more fireproof.
February 11, 2021 Property California

Between Insurance And Contractors, Iowa Homeowners Stalled On Derecho Recovery

Between Insurance And Contractors, Iowa Homeowners Stalled On Derecho Recovery

With her hot water pipes frozen, a puddle staining her ceiling and water leaking onto her 16-month-old son’s toys, Laurie Vozenilek has been living in a six-month nightmare.
February 10, 2021 Property

Michigan Man Killed By Cannon Explosion At Baby Shower

Michigan Man Killed By Cannon Explosion At Baby Shower

A 26-year-old man from Hartland died Saturday after a small cannon exploded during a baby shower.
February 8, 2021 Liability Property Subrogation Michigan

Successful Adjusters Embrace Technology, Training

Successful Adjusters Embrace Technology, Training

Being a successful adjuster goes beyond completing a claim. A prosperous adjusting career requires daily investment and a lot of self-determination.
February 8, 2021 Education & Training Property
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