In Texas, Home Sellers Must Now Disclose More About The Risk Of Flooding
When Arthur Mosely moved to East Austin in the 1980’s he didn’t worry about flooding. His property was not in a designated floodplain, and he thought of the creek that ran behind the house as an amenity. It guaranteed privacy and a green space full of Muscatine grapes and pecan trees.
October 28, 2019
Legislation & Regulation
Property
Texas
Court Refuses To Dismiss Golf Course Operator’s Suit Against Willis
A federal district court has refused to dismiss litigation filed by a golf course operator against Willis Towers Watson U.S. LLC in connection with coverage litigation filed against it and American International Group Inc. unit over Hurricane Harvey damage, stating a ruling is premature.
October 25, 2019
Litigation
Property
Illinois
Texas
Tornadoes Caused Estimated $2 Billion In Damage Sunday, A Texas Record
Insurance experts estimated on Wednesday that the tornadoes which slammed North Texas on Sunday night caused $2 billion in damage, making it the costliest tornado event in Texas history.
October 24, 2019
Auto
Property
Texas
NICB: Cities With The Highest Vehicle Theft Rates
There were an estimated 748,841 vehicle thefts in the United States in 2018, or about 229 per 100,000 Americans. The vehicles stolen were worth, according to the FBI, an estimated total of over $6 billion.
October 23, 2019
Auto
Alabama
Alaska
Arkansas
California
Colorado
Tornado Causes Extensive Structural Damage In Dallas Metro Area
Crews were surveying the damage caused by a long-range tornado that ripped across Dallas and into Richardson on Sunday. Homes, businesses and offices were destroyed.
October 21, 2019
Property
Texas
Children Playing With Lighter Set Motel 6 On Fire
Fire investigators say two young children who were left alone in a suburban Houston motel room were playing with a lighter that caused a three-alarm fire , resulting in minor injuries to seven people.
October 11, 2019
Property
Texas
Boxing Champ Errol Spence Jr. Hospitalized After Wrecking Ferrari
Welterweight boxing champion Errol Spence Jr. was thrown from a Ferrari early Thursday while driving in Dallas, but he is expected to survive, police say.
October 11, 2019
Auto
Liability
Texas
Risk Aggregation A ‘Key Concern’ As Wildfire Severity Rises
Imagine 74 of the 75 largest cities in the United States going up in flames over the course of a few months. The loss would be astronomical.
October 10, 2019
Property
Risk Management
Arizona
California
Colorado
Idaho
Montana
The Bigger The Badder: 19 Major Hailstorms In US History
While your normal interaction with hail may be seeing unbelievable photos of it next to baseballs for comparison, hail storms can cost billions of dollars in damages every year. The worst year on record for hail damage in the US, 2017, cost $22 billion in damages.
October 4, 2019
Auto
Education & Training
Property
Colorado
Nebraska
Texas
Wyoming
Texas Mutual To Provide Grant To Policyholders Affected By Tropical Storm Imelda
Texas Mutual Insurance Company is offering a grant of $5 million for its policyholders that were affected by Tropical Storm Imelda.
October 2, 2019
Property
Texas
More Than 10,000 Vehicle Flood Claims Filed In SE Texas Due To Imelda
As of Monday morning, more than 10,000 vehicle flood claims have been filed in southeast Texas due to flooding from Imelda. This number comes from the Insurance Council of Texas who said as many as 80 percent of these vehicles will end up being totaled out.
September 24, 2019
Auto
Texas
Over 1.2 Million Nissan, Infiniti Models Recalled Over Backup Camera Issue
Once a luxury, backup cameras are now a federally mandated piece of technology in all new cars. As such, any quirks with the systems can lead to recall headaches, as Nissan and its luxury division Infiniti are now experiencing.
September 24, 2019
Auto
Subrogation
Alabama
Alaska
Arizona
Arkansas
California
Imelda’s Death Toll In Houston Rises To 5 As Damage Assessments Begin
Imelda’s floodwaters were receding in the Houston area Saturday, but the one-time tropical storm left at least five people dead, according to local authorities. Hundreds of buildings were damaged, and Houston authorities said they had towed more than 1,600 vehicles caught in floods on city roads.
September 23, 2019
Auto
Property
Texas
Imelda: Texas Is Drowning Under Second 1000-Year-Rainfall In Last Two Years
Record-breaking rainfall from the tropical storm Imelda is soaking southeastern Texas. Some areas have been swamped with 20 to 42 inches (51 to 107 centimeters) of rain over just three days, causing catastrophic flooding that is among the worst in U.S. history.
September 20, 2019
Auto
Property
Texas
Imelda Brings Tornado, Flooding To Southeastern Texas
An unrelenting Tropical Depression Imelda is causing serious flooding in parts of southeastern Texas on Thursday morning, covering roads, trapping people in vehicles and homes, and sending rescuers scrambling to get to those most in need.
September 19, 2019
Auto
Property
Texas
