Lose It Or Lose Big: Anger And Defensiveness Cost Insurance Companies Millions
When it comes to so-called “nuclear verdicts”—or “social inflation” in the insurance industry—hindsight is 20/20, as a survey of the highest payouts in motor vehicle accident and premises liability cases across the Southeast U.S. reflects.
May 12, 2020
Auto
Education & Training
Liability
Litigation
Alabama
Florida
Georgia
North Carolina
South Carolina
Giant Leap For Nationwide: Permanent Shift To Work-From-Home
Nationwide has announced plans to permanently transition to a hybrid operating model comprising primarily work-from-office in four corporate campuses and work-from-home in most other locations.
April 30, 2020
Risk Management
Arizona
Iowa
Ohio
Texas
Two Texas Businesses File Bad Faith Lawsuits Against Travelers
Two businesses in Texas have each filed lawsuits against Travelers Indemnity Company, accusing the P&C insurer of rejecting their damages and business interruption claims without investigating.
April 30, 2020
Litigation
Texas
Ground Zero Of Onalaska, Texas Tornado Hit By 140 mph Winds
Not one home in the Paradise Acres community on Lake Livingston was left unscathed by the tornado that hit Polk County Wednesday evening. The tornado, preliminarily believed to be an EF-3, which is defined as having sustained winds between 136 and 165 mph, tore through communities near Onalaska around 6:15 p.m.
April 24, 2020
Property
Texas
Tornadoes, Floods Leave At least 6 Dead In Oklahoma, Texas And Louisiana
Severe storms continued to roar across the Deep South on Thursday after floods and apparent tornadoes hit part of Oklahoma, Texas and Louisiana a day earlier, killing at least 6 people and leaving thousands without power.
April 23, 2020
Property
Louisiana
Oklahoma
Texas
Tornadoes, Violent Storms And Hail Strike The South
For the second Monday in a row, people across the South are waking up to storm damage caused by extreme winds, hail and tornadoes. Deadly tornadoes struck the same region on Easter.
April 20, 2020
Auto
Property
Alabama
Florida
Kansas
Mississippi
Texas
NWS Confirms More Than 100 Tornadoes In Outbreak
More than 100 tornadoes struck the South in the two-day outbreak that killed more than 30 people this week, the National Weather Service said. Forecast teams checking for damage found 105 storm tracks that totaled more than 770 miles (1,239 kilometers) in all.
April 16, 2020
Property
Alabama
Georgia
Mississippi
Texas
Tornadoes Rip Through The South, Leaving At Least 16 Dead
At least 16 people were killed after tornadoes began ripping through the South on Easter, destroying homes and storefronts and leaving over 1 million people without power from an intense storm system now headed towards the Mid-Atlantic.
April 13, 2020
Auto
Property
Alabama
Arkansas
Georgia
Louisiana
Mississippi
Cinema Owner Sues Insurer Over COVID-19 Claim Denial, Despite Pandemic Coverage
A local dine-in theater company thought it was prepared for a crisis like COVID-19. When public health officials forced the closure of its nine Houston-area locations in March, the owners thought they were covered.
April 8, 2020
Excess & Surplus Lines
Litigation
Texas
Tornadoes Strike Overnight Around Abilene, Texas
An overnight storm that spawned multiple tornadoes caused damage west, north and northeast of Abilene, including wind turbines south of Merkel, houses in Tye and vehicles and structures at the Robertson and Middleton prison units near the Jones County line.
March 20, 2020
Auto
Property
Texas
Toyota Recalls 1.8 Million U.S. Vehicles For Fuel Pump Issue
Toyota Motor Corp (7203.T) said Wednesday it is now recalling 3.2 million vehicles worldwide to address a fuel pump issue that could result in engines stalling.
March 11, 2020
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
Act Of God Versus Emerging Risk: Texas Trial Highlights Climate Liability For Factories
Opening arguments ended Monday in Texas in the highest profile criminal case ever brought against a company and its employees for allegedly failing to adequately prepare for the effects of climate change. The company, Arkema, owns a chemical plant outside Houston that flooded when Hurricane Harvey dumped more than 5 feet of rain on the area in 2017.
March 4, 2020
Excess & Surplus Lines
Liability
Litigation
Texas
Thieves Target Chevrolet Silverados, Disable OnStar Tracking
Frustrated North Texas truck owners say their Chevy Silverados are being targeted and the devices meant to help catch the bad guys are useless.
February 13, 2020
Auto
Texas
Subrogating Livestock And Vehicle Collisions In Texas
There are 22 million vehicles registered in Texas. There are also 13 million head of cattle, the most in the country and over twice the number of the state with the second-most—Nebraska. Cattle and cars intersect more often than insurance companies would like to think about.
February 6, 2020
Education & Training
Subrogation
Texas
As Colorado 911 Center Presumption Bill Advances, Dispatchers Nationwide Joining Ranks Of First Responders
A bill we first discussed a few months ago appears to be advancing through the Colorado legislature that would grant workers’ compensation mental health benefits to Emergency Center Dispatchers. While the effort to include 911 dispatchers into the growing world of special protections for first responders is actually going on nationwide, Colorado seems to be one of the few early adopters codifying it into law.
February 4, 2020
Legislation & Regulation
Workers' Compensation
Colorado
Texas
