$31.5M Verdict Against Texas Collision Center For Improper Repairs
A Texas jury found that John Eagle Collision Repair Center owes $31.5 million for performing an improper repair that led to a couple being trapped in a burning car.
October 5, 2017
Liability
Litigation
Risk Management
Texas
Driver Who Led Texas Police On High-Speed Chase Was 10-Year-Old
Texas police were startled after they chased a pickup truck at speeds up to 85 mph — only to find out that a 10-year-old boy was behind the wheel.
October 5, 2017
Auto
Liability
Texas
Weathering The Storm: Texas Hailstorm Litigation Reform Bill
Texas is known for its prolific weather events — wind, hail, tornadoes and, most recently, Hurricane Harvey — all of which can wreak havoc and cause significant damage to residential and commercial properties. As the locals say: “If you dont like the weather in Texas, wait five minutes” and the next weather pattern will roll in. But six-12 months after the storm rolls out, Texas is known for another prolific event: the filing of storm litigation cases across the state.
October 3, 2017
Auto
Catastrophe
Property
Texas
Underwriters Loss From Hurricanes Harvey And Irma Greater Than Expected
Lloyds of London underwriter Hiscox Ltd estimated on Monday that it would face net claims totalling about $225M from Harvey and Irma, as insurers and reinsurers count the cost of the hurricanes.
October 2, 2017
Catastrophe
Property
Florida
Texas
Harveys Coverage Issues: Claims And Litigation
“Harvey raises many coverage issues ranging from occurrence limits to application of sub-limits and deductibles, to business interruption claims where there is no physical damage to insured property."
September 28, 2017
Catastrophe
Litigation
Property
Texas
Thousands Of Travel Insurance Claims Filed After Hurricanes
The active 2017 hurricane season has led to a sudden influx of travel insurance claims as vacations and business trips see interruptions. This type of storm season has helped to demonstrate the value that this type of insurance coverage can offer travelers.
September 27, 2017
Excess & Surplus Lines
Florida
Louisiana
Texas
Drones Are More Helpful Than Ever In Hurricane-Ravaged Texas And Florida
Unmanned aircraft — small and large — swooped in during the aftermath of Hurricanes Irma and Harvey to get a glimpse of the devastation. Thats why insurance companies have been using drone technology more than ever before to quickly and safely assess damage from the storm.
September 25, 2017
Catastrophe
Property
Risk Management
Technology
Florida
Texas
Allstate Estimates $593M In Losses From Harvey
Allstate expects insurance losses of about $593 million in August after Hurricane Harvey left a path of destruction along the Gulf Coast. The initial accounting Thursday follows warnings from other insurers that are tallying the damages from a hurricane season that is nowhere near being over.
September 22, 2017
Auto
Catastrophe
Property
Louisiana
Texas
Business Interrupted: Hurricane-Damaged Firms Dig In For Insurance Fight
Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers.
September 22, 2017
Property
Florida
Texas
Shortage Of Independent Adjusters Leads To Highest Fees Ever Paid
Independent adjusters in Florida might have their work cut out for them — with numerous Hurricane Irma-related claims being filed — but they look set to be compensated for their hard work with the regions increased pay rates.
September 18, 2017
Catastrophe
Property
Risk Management
Florida
Texas
$100K Worth Of Equipment Stolen From Restoration Company Assisting Hurricane Victims
A local company who deployed to Houston to help victims of Hurricane Harvey became victims of a Texas-sized crime while in the Lone Star State. The Norcross-based company “TruRenu” was helping storm victims get back on their feet by repairing their flooded homes when their equipment was stolen.
September 18, 2017
Auto
Property
Texas
Harvey, Irma Damage Reaches Nearly $300 Billion
Preliminary data on the total cost of damage caused by Hurricanes Harvey and Irma is finally coming in, and analysts are projecting hundreds of billions in losses thanks to the damage caused by both weather events.
September 15, 2017
Auto
Catastrophe
Excess & Surplus Lines
Marine
Property
Florida
Georgia
South Carolina
Texas
Adjuster Scoping Techniques Can Be Motivated By Rewards During Catastrophes
Over 82,000 victims of Hurricane Harvey have so far filed claims with the National Flood Insurance Program (NFIP), reports say.
September 13, 2017
Catastrophe
Property
Risk Management
Texas
Cleaning Up Mountains Of Trash From Hurricane Harvey Could Take Months
Roiling waters in the streets have been replaced by stifling piles of garbage on the curbs. Hurricane Harveys record-setting rains created heaps of ruined possessions that now line entire neighborhoods, nearly up to the rooftops of the homes that were swamped.
September 8, 2017
Catastrophe
Property
Texas
Emergency Responders Sue Arkema Over Chemical Plant Fire After Harvey
Police and emergency workers filed suit on Thursday against French chemicals company Arkema SA, claiming they were injured after it failed to take adequate steps to avoid a fire at its Crosby, Texas, plant after Hurricane Harvey.
September 8, 2017
Excess & Surplus Lines
Litigation
Texas



