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.
Lawyers argued before the Texas Supreme Court on Monday over whether the state’s power grid operator should be protected from lawsuits, a question that has become especially important after the deadly February 2021 freeze.
Several adjusters recently told Florida’s House Commerce Committee that insurance carriers changed their estimates on damaged houses, which the committee chairman said should be investigated by the state attorney general since that’s an accusation of fraud.
2022 has presented many challenges to Texans from inflation and supply chain issues to an increasing number of insurance claims. While all automobile insurance claims are not avoidable, most are by driving defensively and following simple tips.
A marathon of severe weather rampaged through the southern Plains Tuesday, spawning multiple tornadoes, injuring at least five people and claiming the lives of at least two people.
Last year, the Texas Supreme Court adopted a narrow exception to the state’s eight-corners rule, and allowed the consideration of extrinsic evidence to determine the duty to defend. The exception arguably raised more questions than it resolved.
They’ve been cropping up since 2020: COVID business interruption claims. Forced shutdowns due to a rising pandemic gave way to organizations looking for compensation for monies lost. But, as we all know, business interruption coverage will only trigger if a physical loss has occurred.
New videos show scenes of devastation in the aftermath of powerful tornadoes that touched down in Texas, Oklahoma and Arkansas on Friday. At least eight tornadoes were confirmed by survey teams from the National Weather Service, and two of those have been rated an EF-3 with winds near 160 mph.
FedEx Corp said it would ask a federal judge in Texas to throw out or reduce a jury’s $366 million damages award to a Black former employee who accused the company of disciplining and firing her after she complained about racial discrimination.
Toyota auto insurance (TAI), the automaker’s branded coverage product which launched last December, has now announced that it is moving into Texas for the first time. Texas is the second largest market in the United States and will be an important move for the insurer.
U.S. renewable energy insurers are expected to pay out more than $300 million in claims due to hailstorms in Texas this year, GCube Underwriting Ltd. said in a report Tuesday.
What was supposed to be a picture day with the pumpkins turned into dozens of families running for their lives. More than 70 cars went up in flames at a pumpkin patch near Temple, Texas.
State Farm has released an update to a previous report it has made regarding recent trends in auto insurance claims having to do with catalytic converter thefts. The trend, though already bad in the last report, has only managed to worsen across the country.
