An explosively intensifying winter storm centered over the Colorado Front Range continues to unleash a potpourri of extreme weather across the Plains states and Upper Midwest. The hurricane-force system has combined the worst weather of all four seasons into one — from a string of violent, tornadic thunderstorms to damaging winds, severe blizzard conditions and even flooding.
Fiat Chrysler Automobiles NV will recall about 965,000 gasoline-powered vehicles in the United States and Canada that do not meet emissions standards and will replace their catalytic converters, officials said on Wednesday.
It is an issue we struggle with, and a difficult one to solve. Much of the activity in workers’ comp is centered around the concept of disability; what it is and how much it is worth for the individual who has been assigned with that designation.
It remains one of the most difficult issues to deal within the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind and quality” or with “similar material.”
Nearly 15,000 trucks manufactured by Paccar, Daimler and Autocar are being recalled for various defects, according to recent documents from the National Highway Traffic Safety Administration.
A wildfire in Wyoming has destroyed over 40 homes, and firefighters have closed a highway while they set their own fires to try to stop the main fire’s spread.
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.
Campbell County officials are still assessing the extent of the damage done Friday afternoon when a tornado ripped through the Oriva Hills and Wrangler Estates subdivisions northwest of Gillette.
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.
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.
As the threat from hackers and cybercriminals intensifies, a growing number of states are buying cyber insurance to protect themselves — and taxpayers. “It’s expensive. It’s a big budget item for us. But it’s absolutely worth it,” said Michael Hussey, Utah’s chief information officer. “You’re seeing breaches now that cost companies and states millions and millions of dollars.”
