In Neptune v. Indian Harbor Insurance Co., the Fifth Circuit Court of Appeals recently addressed whether uninsured motorist (UM) coverage applied in an accident where there was no evidence of a ‘hit’ from the uninsured vehicle.
Florida and other states are trying to fend off an attempt by the Biden administration to end a lawsuit challenging changes to the National Flood Insurance Program that have led to higher premiums for many property owners.
A prolific high-end burglar has been apprehended and is now behind bars, thanks to the diligent efforts of the Bexar County Sheriff’s Office. Law enforcement officials have managed to recover a cache of stolen goods, including an array of jewelry items, some with individual values of up to $1 million.
A Texas appellate court has overturned workers compensation benefits awarded to a former professional football player, the decision coming after the court earlier ruled on a venue dispute issue in the case.
A federal appellate court, facing contradictory rulings from federal courts, has sought the intervention of the Texas Supreme Court to settle the question of whether attorney fees can be awarded to claimants when insurers pay appraisal awards plus owed interest for delayed payments.
Severe thunderstorm activity from June 11-15 caused $7 billion to $10 billion in insured losses, according to a report Monday from data and analytics company CoreLogic Inc. This loss estimate includes damage to residential, commercial, and industrial property, as well as automobiles, but excludes damage to infrastructure such as roads, utilities and governmental facilities.
Texas Gov. Greg Abbott updated the state’s disaster declaration on Thursday to include six additional counties on Thursday following deadly severe weather on Wednesday evening, bringing the total tally covered by the declaration to 21 counties.
More than $950 million in lightning-caused U.S. homeowners insurance claims were paid out in 2022 to 62,000-plus policyholders, with $125 million of the total attributable to California alone, according to the Insurance Information Institute (Triple-I.).
A destructive tornado tore through Perryton, Texas leaving a trail of devastation in its wake. The tornado, which directly struck the heart of the community, has claimed the lives of three individuals and caused significant damage to hundreds of homes and businesses.
Detectives with the Plano Police Department said suspected thieves stole more than $2.5 million worth of trucks and SUVs from around North Texas. Details about the alleged crimes, which reads like a crime series on a streaming platform, were detailed in an arrest probable cause affidavit.
Floods pose a severe threat to communities across the United States, causing extensive property damage and potential risks to human life. Recognizing the importance of identifying flood-prone cities, Insurify developed a flood risk score, taking into account FEMA’s risk scores for coastal and river flooding, population data, average home insurance premiums, and average home values.
Insurers in Texas can no longer account for environmental, social or governance criteria when setting rates for almost all forms of insurance under a bill passed by the Legislature last month.
Many of the nation’s disaster organizations are exposed to perilous financial risks at the start of hurricane season, jeopardizing efforts across much of the U.S. to recover from catastrophes.
