An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act, a split Texas Supreme Court …
Hailstones the size of golf balls accompanied by as much as four inches of rain pelted the U.S. Gulf coast from Texas to Louisiana, flooding highways, downing power lines and closing some schools, officials said. About 150,000 homes and businesses …
Residents of Fountain and Colorado Springs spent the past week cleaning up and meeting with insurance adjusters after an unusual early morning June 13th storm pounded vehicles and roofs, causing widespread damage that pelted the area with golf and baseball-sized …
Baseball-sized hailstones smashed windshields, skylights and windows as thunderstorms swept through the Dallas-Fort Worth area of Texas, causing millions of damage. The National Weather Service Office in Fort Worth said the storm developed rapidly over Denton and northwest Collin County …
Climate change and the resulting weather-related events have increased costs in the property insurance industry. Whether climate change is caused by human activity or is the result of an evolving planet is debatable to some, but the increasing severity of …
With an average of 3,000 hailstorms annually in the United States, it’s no surprise that in 2017, State Farm paid more than $3 billion in hail claims to homeowners in the U.S. Hailstorms often occur with thunderstorms, tornadoes, and other …
As a potentially devastating category 3 hurricane nears the coast of Texas, another public insurance adjuster has been charged with insurance fraud. Elvira Chandler was charged by a Travis County, Texas, grand jury this week with filing fraudulent insurance claims …
Contractors acting as public adjusters illegally could face class action lawsuits, according to a new decision by a Texas appeals court. The finding could result in a pool of 3000 affected customers of A-1 Roofing. The decision stems from an …
With more than 150,000 car insurance claims and 50,000 homeowners insurance claims estimated to be filed—the monster hailstorm that pounded Colorado’s Front Range on May 8th is on pace to be Colorado’s most expensive insured catastrophe. The Rocky Mountain Insurance …
The largest hailstone ever recorded in America spent close to an hour aloft in a cloud growing to the size of a small volleyball, then plunged to earth at more than 100 mph, struck the ground in South Dakota weighing …