Data Coming Out Of Legal Cannabis States Is “Really Frightening”
Collision claims in states that have legalized recreational marijuana have increased by as much as 6% from January 2012 through October 2017, according to new research from the Insurance Institute for Highway Safety (IIHS) and the Highway Loss Data Institute (HLDI).
January 9, 2019
Auto
Legislation & Regulation
Colorado
Nevada
Oregon
Washington
Spokane Developer Indicted As Participant In $6 Million Staged Accident Ring
Ron Wells, a developer and architect whose decadeslong work in Spokane includes renovations of numerous historic buildings, was indicted Wednesday in federal court for allegedly staging a car crash in an attempt to defraud insurance companies.
December 20, 2018
Auto
Fraud
Liability
Washington
400+ Homes Damaged In Chaos Of Port Orchard Tornado
Crews are inspecting hundreds of homes in a community west of Seattle where a rare tornado caused "a lot of chaos" but no serious injuries. Authorities say as many as 450 homes may have suffered damage.
December 20, 2018
Property
Washington
Rare Tornado In Port Orchard, Washington Rips Roofs Off Homes
Dana Stone had finished wrapping Christmas gifts while watching a Hallmark Channel Christmas movie Tuesday afternoon with her dog, Isabella, when she heard a loud pop. The power cut. Outside, she heard a loud hum then crashing, the pattering of rain and the howl of wind.
December 19, 2018
Property
Washington
Collisions Rise In First States To Begin Legalized Retail Sales Of Recreational Marijuana
Crashes are up by as much as 6 percent in Colorado, Nevada, Oregon and Washington, compared with neighboring states that havent legalized marijuana for recreational use, new research from the Insurance Institute for Highway Safety (IIHS) and Highway Loss Data Institute (HLDI) shows. The findings come as campaigns to decriminalize marijuana gain traction with voters and legislators in the U.S., and Canada begins allowing recreational use of marijuana this month.
October 26, 2018
Auto
Legislation & Regulation
Alaska
California
Colorado
Maine
Massachusetts
Woman Files Two Fraudulent Claims For Engagement Ring That Ex Kept
A Renton Woman pleaded not guilty to one charge of first-degree theft and two counts of filing a fraudulent insurance claim in King County Superior Court on Monday.
August 9, 2018
Excess & Surplus Lines
Fraud
Washington
Insurtech Launches Usage-Based Drone Coverage
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.
August 2, 2018
Excess & Surplus Lines
Liability
Technology
Alabama
Alaska
Arizona
Arkansas
California
Metromile Leverages AI And Sensor Data From Low-Impact Car Crashes To Tackle Insurance Fraud
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.
June 28, 2018
Auto
Technology
Arizona
California
Illinois
New Jersey
Oregon
$13M Settlement Reached Over Fatal DUI Crash In Seattle
The family of a Kokomo couple who were struck and killed in Seattle by a drunk driver five years ago have settled a wrongful-death lawsuit against the city for $13 million.
June 27, 2018
Excess & Surplus Lines
Litigation
Washington
Start Sweating the Small Stuff: Keodalah v. Allstate Exposes Individual Claims Representatives To Liability
On March 26, 2018, the Washington State Court of Appeals held in a published and binding decision that an individual insurance claims professional may be liable for bad faith and Consumer Protection Act violations.
June 5, 2018
Liability
Litigation
Washington
NTSB Advocates For Seat Belts On School Buses In Wake Of Fatal Wrecks
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.
May 24, 2018
Excess & Surplus Lines
Legislation & Regulation
Alabama
Alaska
Arizona
Arkansas
California
Insurances Flawed Business Model
At its core, the industry is plagued by an inherent conflict of interest. Our customers dont have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
May 24, 2018
Risk Management
Alabama
Alaska
Arizona
Arkansas
California
$40 Million Settlement In Seattle Helicopter Crash
Two men injured in the 2014 KOMO helicopter crash obtained a $40 million settlement yesterday. The settlement was reached during a trial spread over the course of five weeks.
May 23, 2018
Excess & Surplus Lines
Liability
Litigation
Oregon
Washington
Animal-Related Insurance Claims Top 1.7M In Four Years
The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 20142017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
May 23, 2018
Auto
Alabama
Alaska
Arizona
Arkansas
California
Mountain Bikers Attacked By Cougar Near Seattle, 1 Killed
A man killed by a mountain lion in Washington state and his friend who escaped did everything they were supposed to do in an attack, according to authorities.
May 21, 2018
Life & Health
Washington



