Lexington Insurance Company, a Chartis company, announced the release of a mobile application for reporting a first notice o property catastrophe losses directly to Lexington’s claims department. The Lexington Property Claim Reporting mobile app, designed for use by U.S. commercial …
Texas property blackened by wildfires may suffer reductions in value by as much as 50 to 60 percent and a full recovery could take years, according to Lewis Realty Advisors, a Texas-based real estate appraisal and consulting firm. ‘Smaller banks …
The Canadian branch of XL Insurance Company Limited, part of the insurance underwriting operations of XL Group plc, announced the appointment of Michael Baxter as vice president of property. Reporting to Joseph Tocco, head of XL Insurance’s North America Property …
Fires have damaged two Houston-area church complexes. Baytown firefighters early Monday responded to a blaze at the Living Hope Church. Pastor Kevin Kleinhez says he believes the fire was arson, several days after the church was targeted with graffiti. No …
Authorities say about 100 people are looking for another place to live after a sudden gust of wind ripped the roof from one apartment building during a thunderstorm and sent it crashing into another. A 2-year-old boy was grazed by …
Authorities say a scrap metal yard near Wilmington has caught fire for the second time in three weeks. The fire began about 3 p.m. Wednesday at the American Scrap Company on New Castle Avenue, and spread to a nearby building …
The Memorial Day wind storm in the Fargo area has caused more than $4.2 million in damage, according to North Dakota Insurance Commissioner, Adam Hamm. Reports from several insurers who write business in the affected area indicate that 1,740 claims …
When crises occur, one person the claims adjuster, insurer and insured should consider calling is a salvor — he or she can be a valuable partner in helping to clean up the trash, and broker the sale of any salvageable …
State police say a yearlong investigation led to the arrests of seven people accused of staging vehicle crashes to collect fraudulent property and injury claims. Troopers say they are still looking for an eighth person who took part in the …
American Family Mutual Insurance Company (American Family Mutual), the third largest homeowner insurance company in Arizona, underpaid more than 5,000 Arizona homeowner insurance claims arising from last year’s winter storm (January 2010) and hail storm (October 2010), according to an …