$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Roiling waters in the streets have been replaced by stifling piles of garbage on the curbs.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
Exclusive: An Army Of Tow Trucks Tackles Houstons Flood-Damaged Cars
How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time.
September 7, 2017
Auto
Salvage
Texas
Harvey Recovery Likely To Cause Workplace Safety Risks
Recovering from Tropical Storm Harvey will be a dangerous process and can present multiple safety hazards to workers, according to experts.
September 6, 2017
Liability
Workers' Compensation
Texas
Extreme Weather Risk Taking A Toll On The Property Insurance Industry
Flooding and wildfires are making massive headlines this summer and this extreme weather risk is placing considerable pressure on the property insurance industry.
September 6, 2017
Catastrophe
Property
California
Florida
Louisiana
Montana
Oregon
Car Dealers Prepare For Wave Of Swamped Vehicles In Houston
The Chevy Malibu produced a putrid cloud of must and steam as Troy Rondeno peered beneath the steering wheel. The saturated carpet reeked of mildew and hot plastic, and white spots of mold climbed the sedans black leather seats as it languished in a North Houston salvage yard.
September 6, 2017
Auto
Catastrophe
Salvage
Texas
Harvey Aftermath: FEMA To Rush Recovery Money For Insurance Claims
After Hurricane Harvey spawned epic flooding along the Gulf Coast, insured flooding victims will be able to get financial relief a little bit faster. The Federal Emergency Management Agency announced a temporary change Monday that would "rush recovery money" into the hands of National Flood Insurance Program policyholders.
September 5, 2017
Catastrophe
Property
Texas
Houston Port Continues Salvage Efforts To Recover From Harvey Damage
Salvage efforts continued on Monday to remove a sunken drydock in an industrial portion of the Houston Ship Channel, home to major oil refineries and petrochemical plants, officials said.
September 5, 2017
Excess & Surplus Lines
Marine
Salvage
Texas
Evacuation Lifted Around Arkemas Flooded Texas Chemical Plant
French chemical firm Arkema SA (AKE.PA) said an evacuation zone put in place amid fears that more flammable organic pesticides at its flooded plant in Crosby, Texas, would explode was lifted on Monday after the materials were ignited in a controlled burn.
September 5, 2017
Excess & Surplus Lines
Texas
Insurance Wont Cover 80% Of Homes Flooded By Hurricane Harvey
When the flood waters left behind by Hurricane Harvey eventually recede, they will leave behind billions of dollars in property damage. However, a large majority of homeowners will likely have to spend their own money to make their homes livable again.
August 31, 2017
Catastrophe
Property
Louisiana
Texas
State Farm, Allstate Send Hundreds Of Claims Workers To Assess Harvey Damage
As floodwaters continue to surge in much of southeast Texas, hundreds of State Farm and Allstate employees have flocked to the state to start assessing the mounting damage from Hurricane Harvey.
August 31, 2017
Auto
Catastrophe
Property
Texas
Insurer Expects Limited Exposure From Harvey; Coverage For Windstorm Damage Only
Property and casualty insurer and reinsurer Lancashire Holdings is not exposed to the first $40 million of windstorm reinsurance claims and does not expect to pay out huge amounts from Tropical Storm Harvey, its head of investor relations said.
August 31, 2017
Excess & Surplus Lines
Texas



