
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
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
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
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
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
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
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
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 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
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
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
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
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
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
“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



