As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis, Survey Shows June 28, 2024 By Jahna Jacobson Homeowners are cutting back on dining out, travel, groceries and even medication to afford their soaring property insurance premiums. One...
The Problem(s) With Hail Claims – Part 2 June 28, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and...
Report: 1K-Plus Properties Damaged, Destroyed in New Mexico Wildfires Could Cost $370M June 27, 2024 More than 1,000 residential properties in New Mexico may have been damaged or destroyed by wildfires in New Mexico, according...
FEMA Ready for Extreme Hurricanes and Wildfires, But Money is a Concern June 25, 2024 By Rebecca Santana The head of the Homeland Security Department said that the agency tasked with responding to disasters across the country is...
Experts Answer: ‘Is’ is More Than Just a Verb in a Policy June 20, 2024 Claims Journal is launching a new feature in which we solicit questions from our claims and insurance professional readers and...
Survey: Most Homeowners Believe Their Policy Covers Floods June 20, 2024 Most U.S. homeowners don’t know the policy covering their home doesn’t cover flooding, a new survey shows. Respondents in a...
Lightning Caused $1.2B in Homeowners Claims in 2023, Says Triple-I June 19, 2024 Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from...
Texas, Mexico Prepare for Possible Tropical Storm: Weather Watch June 18, 2024 By Brian K. Sullivan Parts of the Texas coast and northeastern Mexico are bracing for tropical storm conditions on Wednesday, as a potential system...
Kansas Storm Claims Totaled $442 Million in 2023 June 3, 2024 Kansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of...
Denial of House Fire Claim Upheld; Insureds Never Knew Their Policy Was Nonrenewed June 3, 2024 By Andrew G. Simpson A Connecticut Appeals Court has affirmed that an insurer is not obligated to provide actual notice of a home insurance...