That’s not getting your money’s worth. Police in Fairfax County, Va., said a local driver totaled a McLaren 720S luxury sports car just a day after it was purchased.

Authorities have recovered the body of the pilot of a small helicopter that crashed into a Virginia apartment building and killed a resident, the National Transportation Safety Board said Monday.

In 2015, there were more than 6.3 million car accidents reported that involved property damage with insurance fraud accounting for 10 percent of property/casualty claims processed. While not every accident resulted in an insurance claim, those that did required extensive effort to be verified manually.

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.

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.

Seven million homes are at risk of damage from Atlantic storms and coverage may be up in the air again.

Twelve states will each see insured damages topping $100 million as the weather system that hit the U.S. from May 11-16 caused a total of $2.5 billion in commercial and residential claims, according to a report Tuesday from Boston-based catastrophe modeler Karen Clark & Co.

For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.

At its core, the industry is plagued by an inherent conflict of interest. Our customers don’t have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.

The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 2014—2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.

The fire that tore through a Centreville, Virginia, town house community earlier this month was sparked by smoking materials that had been improperly discarded, fire officials said Monday.

A salmonella outbreak that led to a recall of nearly 207 million eggs has now sickened nearly three dozen people in states along the East Coast.

A catastrophe report has found that the US re/insurance sector is on the hook for more than half of the total economic loss in April resulting from severe convective weather such as thunderstorms and tornados.

More than 35,000 pounds of raw ground beef sold at Kroger stores are being recalled because they may be contaminated with foreign objects including hard plastic.

The National Hurricane Center is making changes to its “cone of uncertainty” based on an improving forecast record. The cone is designed to show people where the center of a storm is likely to head.