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Reinsurance Costs From Suez Obstruction To Exceed $100M: McGill & Partners

Reinsurance Costs From Suez Obstruction To Exceed $100M: McGill & Partners

Analysts at specialist broker McGill and Partners believe that the re/insurance industry could be looking at costs in excess of $100 million due to the ongoing obstruction in the Suez Canal.
March 26, 2021 Marine Salvage Subrogation

Nebraska Auto Repair Shop Blaze Destroys Classic Cars

Nebraska Auto Repair Shop Blaze Destroys Classic Cars

For six long hours on the night of February 20 firefighters in Auburn, Nebraska battled a blaze which destroyed at least 2 dozen cars at dealership Auburn Auto, many of them classics.
March 17, 2021 Auto Excess & Surplus Lines Liability Subrogation Nebraska

Winter Storm Losses In Texas Drive ERCOT Subrogation Speculation

Winter Storm Losses In Texas Drive ERCOT Subrogation Speculation

The size of the estimated winter storm insurance and reinsurance market loss from February’s severe Arctic freeze and the issues suffered by energy organisation the Electric Reliability Council of Texas, Inc. (ERCOT) has raised speculation over the chances of subrogation becoming a possibility for carriers.
March 11, 2021 Subrogation Texas

 Park Outside: Kia Cadenza, Sportage Models Recalled For Fire Risk

Park Outside: Kia Cadenza, Sportage Models Recalled For Fire Risk

A Kia engine fire recall has been issued for nearly 380,000 cars and SUVs even though the automaker says an "exact cause of [the] electrical short circuit condition is unknown."
March 10, 2021 Auto Subrogation

1.9M Toyota RAV4 SUVs Investigated For Battery Fire Risk

1.9M Toyota RAV4 SUVs Investigated For Battery Fire Risk

The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into the 2013–2018 Toyota RAV4 after receiving 11 complaints of a fire starting from the engine compartment, as first reported by the Associated Press.
March 2, 2021 Auto Subrogation

Subrogating Slip And Fall Cases Involving Snow And Ice

Subrogating Slip And Fall Cases Involving Snow And Ice

Injury and workers’ compensation cases involving slips and falls on snow and ice during winter in America’s northern states, and southern states this year, continue to be a perplexing subrogation puzzle for insurance claims and subrogation professionals.
February 24, 2021 Subrogation

Record Cold And Snow In The South Will Lead To Many Subrogation Opportunities

Record Cold And Snow In The South Will Lead To Many Subrogation Opportunities

Although I am a native Texan, I grew up in Wisconsin. Therefore, I am no stranger to cold weather or the devastating effects it can have on people and property.
February 23, 2021 Subrogation 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

At Least 5 Dead In Fort Worth Pileup After Freezing Rain Ices Over Roads

At Least 5 Dead In Fort Worth Pileup After Freezing Rain Ices Over Roads

At least 100 vehicles were involved in a massive pileup crash Thursday morning on Interstate 35W in Fort Worth, including several 18-wheelers, officials said. At least five people have been confirmed dead.
February 11, 2021 Auto Subrogation Texas

GM Takata Airbag Recall Kicks Off With 2.6M Trucks And SUVs

GM Takata Airbag Recall Kicks Off With 2.6M Trucks And SUVs

Owners of General Motors vehicles can take some solace knowing a recall is officially under way for the first portion of trucks and SUVs the federal government said GM must recall, due to faulty Takata airbags.
February 9, 2021 Auto Subrogation

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

Massive Pileup On Iowa Interstate During Blizzard

Massive Pileup On Iowa Interstate During Blizzard

Nearly 40 vehicles, including two Iowa State Patrol cars, were involved in a pileup as snow battered the state Thursday afternoon, authorities said.
February 5, 2021 Auto Liability Subrogation Iowa

Natural Gas Buildup From Unpermitted HVAC Work Cause Of Baltimore Explosion

Natural Gas Buildup From Unpermitted HVAC Work Cause Of Baltimore Explosion

Five months after an explosion leveled three rowhomes and killed two people in Baltimore, Fire Chief Niles R. Ford has provided a cause.
January 12, 2021 Liability Property Subrogation Maryland

Why You Should Pursue Subrogation

Why You Should Pursue Subrogation

The most lucrative opportunities are often hidden in plain sight, and that is true of subrogation. Subrogation has long been overlooked as an opportunity for insurers to generate a lucrative revenue stream and improve long-term business.
January 11, 2021 Subrogation

The Adventure Of Subrogation Investigation

The Adventure Of Subrogation Investigation

“Mr. Sherlock Holmes – You could not possibly have come at a better time!” the claims adjuster exclaimed. “This vehicle accident is a typical ‘he said, she said’ situation. Both drivers claim to have had the green light and there appears to be no way to prove which driver was at fault – it is an unsolvable case!” Mr. Holmes scoffed raising just an eyebrow, “Unsolvable?”
December 30, 2020 Liability Subrogation
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