property damage claims News

U.S. Drilling Boom Leaves Some Homeowners in a Big Hole

When Gary Gless bought his sleek, modernist house in Los Angeles in 2002, he thought he had hit a “gold mine.” The world’s largest inner-city park – featuring a lush, 18-hole golf course – was about to get built across …

Forensic Firms Move Into New Business Lines

After Hurricane Katrina, several forensic engineering firms popped up in the New Orleans area to serve an insurance industry overwhelmed with thousands of damage claims. Since the storm, the companies that remain in New Orleans have had to find new …

PG&E to Settle Remaining San Bruno Pipeline Explosion Claims

PG&E Corp., owner of California’s largest utility, said it will settle “substantially all” remaining personal injury and property damage claims from a 2010 natural gas pipeline explosion that killed eight people. The utility announced the agreement today in a regulatory …

Making a House a Home: the ‘Residence Premises’ Definition

An insured must reside at their property to have coverage for damage to their home under an HO form policy. The defense arises out of the typical HO policy’s definition of “residence premises,” and the introductory clause in the building …

Thousands More Claims in After Oklahoma Tornadoes

Insurance companies have been deluged by property damage claims since tornadoes raked central Oklahoma last month, and on Monday state officials were still trying to tally the initial claims from the most recent outbreak two weeks ago. The nearly $250 …

Louisiana City to Remove Driving Hazards From Cemetery

Rails, cement posts, railroad ties and other objects set on corner cemetery plots to prevent drive-overs will be removed from a Bogalusa, La., cemetery as hazards to cars and trucks. People have been making claims against the city for damage …