It remains one of the most difficult issues to deal within the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind and quality” or with “similar material.”
Flooding in parts of Tennessee has left one person dead and sparked a state of emergency this weekend. One person died in Knoxville after driving his car into water on a flooded road early Sunday morning, according to Knox County Sheriffs Office.
Nearly 15,000 trucks manufactured by Paccar, Daimler and Autocar are being recalled for various defects, according to recent documents from the National Highway Traffic Safety Administration.
A 4.4-magnitude earthquake was reported in Tennessee early Wednesday, officials said. The quake hit about six miles north of Decatur around 4:15 a.m., according to the U.S. Geological Survey. as felt by residents as far away as Atlanta -- about 149 miles south of the epicenter.
Heavy snow Sunday forced Vision Missionary Baptist Church to cancel services, which was very lucky because shortly before sundown the roof collapsed on the unoccupied sanctuary under the weight of about a foot of snow.
A charter bus carrying a youth football team from Tennessee crashed early Monday in central Arkansas, killing one child and injuring at least 45 other people, authorities said.
Atrium Health, previously Carolinas HealthCare System, said on Tuesday data of about 2.65 million patients including addresses, dates of birth and social security numbers may have been compromised in a breach at its third-party provider AccuDoc Solutions.
Insurtech company REIN has launched DroneInsurance.com, with underwriting by Liberty Specialty Markets, providing usage-based insurance for commercial drone operators and simplifying the process of obtaining both base and liability coverage.
For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.
At its core, the industry is plagued by an inherent conflict of interest. Our customers dont have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.