insurance claims News

Homeowners’ Habits Make it Easy for Thieves to Rob Homes: Nationwide Survey

As many Americans enjoy summer vacations, day trips and barbeques, some will unfortunately return home to find they have been burglarized. According to Nationwide Insurance claims data and FBI statistics, home theft occurs more in June, July and August than …

Nearly 76,000 Claims From Oklahoma Tornado Outbreak

The Oklahoma Insurance Department says nearly 76,000 claims have been filed since a series of violent tornadoes hit Oklahoma last month, killing dozens and injuring hundreds. Insurance Commissioner John Doak said Wednesday insurance payments from the storms are nearing $688 …

More Than 6,300 Claims Filed After St. Louis Tornadoes

Insurance companies serving the St. Louis area have received more than 6,300 claims from residents with damage from tornadoes that struck the area on May 31, according to the Missouri Department of Insurance. One insurer reported more than 2,200 claims, …

Oklahoma Insurance Department Provides Breakdown of Claims Filed

Insurance claims filed in Oklahoma following the tornado outbreak at the end of May have jumped to 60,308 with insurance payments reaching $470,323,299, the top state insurance regulator reported. “These numbers are already staggering, and this is just the beginning,” …

Superstorm Sandy Tops 2012 Insurance Claims

Natural disasters cost insurers $65 billion last year, with the United States accounting for nine-tenths of the bill and Superstorm Sandy prompting payouts of $25 billion, a leading insurance company said Thursday. However, Munich Re AG said that the total …

Audit: Louisiana Parish Court Clerk Did Not Collect $175K From Son

The Louisiana Legislative Auditor has released a scathing report alleging that former St. Bernard Parish Clerk of Court Lena Torres failed to collect $174,300 in court fees from her son, attorney Sidney D. Torres III. The 86-page report says the …

New Jersey Assembly Examines Post-Sandy Insurance Claims

Legislators in the New Jersey Assembly will hear about insurance issues cropping up in the aftermath of Hurricane Sandy. The panel on Thursday will examine responsiveness to insurance claims and how well insurance companies are covering residential and business claims. …

Nor’easter Complicates Insurance for Sandy-Struck Businesses

Businesses in New York and New Jersey that were preparing insurance claims for losses from Superstorm Sandy now have a second headache: how to deal with new losses from an early winter snow storm. The snow and wind from the …

Sandy Victims May Wait Weeks for Insurance Adjusters

Pat Groover called her insurance company on Tuesday morning, the day after a massive tree gave in to storm Sandy’s winds, ripped the front off a neighbor’s house and pulled siding and gutters off of Groover’s home. The path of …

Insurers Begin to Process Isaac Claims

Insurance claims from Hurricane Isaac have begun to trickle in, with one estimate saying losses to insurers could total $1.2 billion. AIR Worldwide, which models losses for insurers, said its best estimate of losses was $1.2 billion. Insurers could have …