Tragic Floorboard Collapse in South Carolina Reveals Hidden Well, Leading to Elderly Woman’s Death
In a bizarre and tragic accident, an elderly woman falls through deteriorating floorboards into an unknown well shaft in a century-old South Carolina home.
November 30, 2023
Catastrophe
Insurance Industry
Property
Risk Management
South Carolina
Former Allstate Adjuster Faces Jail Time, Forfeits Assets Over Fraudulent Claims
Discover how a one-time reputable claims adjuster’s illicit actions led to a steep fall from grace, shedding light on the critical role of integrity in the claims industry.
October 24, 2023
Fraud
Insurance Industry
South Carolina
West Virginia
The Threat of Tornadoes and Severe Weather Rises in the South
Portions of the South are facing the increased threat of severe weather and tornadoes this time of year. We are in the period known as the ‘second tornado season’ for many residents in the south. The American Property Casualty Insurance Association (APCIA) urges residents, particularly across the South and southern Plains to stay vigilant.
October 5, 2023
Catastrophe
Education & Training
Property
Risk Management
Alabama
Arkansas
Florida
Georgia
Kansas
It’s Not an "Insurance Crisis" -- It’s a Risk Crisis
Ten states -- Louisiana, Florida, Idaho, Kentucky, Mississippi, Montana, North Dakota, South Carolina, Texas, and Virginia -- as well as additional plaintiffs, are suing the Federal Emergency Management Agency (FEMA) over its new methodology for pricing flood insurance, Risk Rating 2.0.
September 21, 2023
Legislation & Regulation
Property
Florida
Idaho
Kentucky
Louisiana
Mississippi
Family Lawyers Slam Alex Murdaugh’s Attempt to Void Confession in $4M Insurance Money Theft Case
Lawyers for the family of Alex Murdaugh’s late housekeeper Gloria Satterfield -- who died after a fall at the family’s home in 2018 -- have responded to Murdaugh’s motion to vacate his confession of stealing over $4 million in insurance money meant for Satterfield’s family.
June 12, 2023
Fraud
Liability
South Carolina
10 States Sue FEMA Over Higher Flood Insurance Rates
Ten states and dozens of municipalities are suing the Biden administration over rate hikes in the National Flood Insurance Program. That program offers coverage in high-risk flood areas and is administered by FEMA, the Federal Emergency Management Agency.
June 2, 2023
Legislation & Regulation
Litigation
Property
Florida
Idaho
Kentucky
Louisiana
Mississippi
NFIP Flood Claims For Hurricane Ian Approaching $4B, Average Payment Over $104K
As of May 2, 2023, FEMA reported that National Flood Insurance Program (NFIP) claims related to Hurricane Ian total $3.9B. Out of the roughly 48,000 claims in Florida and the Carolinas, around 95% have been closed, according to the agency.
May 9, 2023
Property
Florida
North Carolina
South Carolina
South Carolina Supreme Court Says Passenger/Employee May Not Recover UM Benefits From Driver/Co-Worker Auto Carrier
South Carolina’s Exclusive Remedy Rule has prevented an employee from collecting $350,000 in uninsured motorist benefits for injuries she sustained in an automobile accident she was in while a passenger in a vehicle owned and driven by a co-employee.
March 6, 2023
Subrogation
South Carolina
There’s A New Entry In The 10 Most Expensive Hurricanes In U.S. History
Hurricane Ian, which thrashed Florida and the Carolinas last year, has claimed the No. 3 spot in the list of 10 most expensive hurricanes in U.S. history, according to a new report from the National Centers for Environmental Information.
January 12, 2023
Catastrophe
Florida
Georgia
Louisiana
Mississippi
New Jersey
Hurricane Ian Prompts a Question: How Many Totaled Vehicles Return to the Road?
Hurricane Ian caused widespread flooding across Florida, North Carolina, and South Carolina in October, resulting in losses estimated at between $41 billion and $70 billion. Among those losses were up to 358,000 vehicles damaged by floodwaters, according to Carfax.
November 22, 2022
Auto
Salvage
Florida
North Carolina
South Carolina
Ian May Have Destroyed More Than 300K Vehicles
Final numbers won’t be available for months, but one thing is certain: An overwhelming number of drivers in Hurricane Ian’s path will be replacing a vehicle at a time when inventories are already tight.
October 20, 2022
Auto
Catastrophe
Florida
North Carolina
South Carolina
Verisk Projects Insured Losses from Hurricane Ian up to $57B
Insurers are bracing for a hit of up to $57 billion as they try to assess the damage from Hurricane Ian in Florida and South Carolina, risk modeling firm Verisk said on Monday.
October 3, 2022
Catastrophe
Property
Florida
South Carolina
Massive Insurance Fraudster Hit With New State Grand Jury Indictments
New South Carolina grand jury indictments have been filed against controversial insurance fraud attorney Alex Murdaugh and his alleged accomplice Curtis Eddie Smith. Murdaugh, 54, is currently in jail on a $7 million bond following more than 70 criminal charges including embezzlement, breach of trust, fraudulent intent, money laundering, computer crimes, and forgery.
July 1, 2022
Fraud
South Carolina
Uprooted Trees, Crushed Buildings After Severe Storms Across The Carolinas And Texas
Severe storms from Texas to the Carolinas damaged homes and left thousands without power throughout the afternoon and evening hours on Monday.
May 24, 2022
Property
North Carolina
South Carolina
Texas
SC Insurance Lawsuit Cites Murdaugh’s ‘Depravity,’ New Details In Housekeeper’s Death
A lawsuit by the insurance company that paid off an allegedly bogus $3.8 million claim by lawyer Alex Murdaugh after the death of his housekeeper cites Murdaugh’s ‘depravity’ and alleges new details of an alleged scheme he cooked up with another lawyer and a banker.
May 13, 2022
Fraud
Liability
Litigation
South Carolina
