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.
A series of natural gas pipeline explosions in Midland County, Texas sent five people to hospital with critical burn injuries, and interrupted energy pipeline operations in the area, officials said.
Little more than two months before Hurricane Harvey slammed the Gulf Coast of Texas, Alberto Castañeda let his home’s flood insurance lapse. He had never filed a claim on the policy in 10 years and he needed the extra cash to expand his restaurant business.
Thu Hong Nguyen has operated five nail salons dating back to 2006 and each one them had some kind of catastrophic event — usually a fire — that closed them down for good.
One construction worker died and at least 12 others were injured in an explosion Tuesday afternoon in a building under construction at the rear of the Coryell Memorial Healthcare System in Gatesville, officials confirmed during a news conference Tuesday evening in Gatesville.
As summer approaches along the Gulf and Atlantic coasts, residents prepare for the hurricane season ahead. The Atlantic hurricane season — June through November (though known to start as early as January in past years) — has devastated communities from Texas to New England, resulting in significant recovery costs.
A former attorney with offices in Arlington and McAllen, Texas was sentenced to five years in prison Friday after pleading guilty to insurance fraud and barratry, or litigation for profit, the Tarrant County district attorney’s office said.
A preliminary assessment by the National Weather Service estimates the Rio Grande Valley sustained $100 million in damages as a result of flooding last week, Hidalgo County Precinct 1 Commissioner David Fuentes said Saturday at a multi-agency news conference here at city hall.
With so many businesses and individuals affected by Hurricanes including Maria, Harvey and Irma in 2017, risk managers and insurers are looking to revised forecasts of this year’s hurricane season for a glimmer of hope that 2018 will not bring the same destruction.
Tropical rains surging onto the Texas coast from the Gulf of Mexico have triggered severe flooding in several areas. Early Wednesday, the National Weather Service issued a flash flood emergency in the far southern part of the state, over the Rio Grande Valley, including Harlingen and Weslaco, through 1:30 p.m.
Aon has launched the latest edition of its monthly Global Catastrophe Report for the month of May, which found that the US suffered considerable disaster-related losses despite a “quieter” start to the tornado season.
