LA Wildfire Losses Seen as High as $164 Billion, UCLA Says February 5, 2025 By John Gittelsohn Economic losses from the fires that tore through Los Angeles County in January range from $95 billion to $164 billion,...
Not Enough Rental Cars for Drivers Flooded by Harvey September 8, 2017 By JAY REEVES His three vehicles flooded by Hurricane Harvey, Jason Bell checked at one car-rental office only to find about 2,500 people...
Swiss Re: Much Lower Catastrophe Costs in First Half of 2017 Versus 2016 August 17, 2017 According to preliminary sigma estimates, global total economic losses from natural catastrophes and man-made disasters in the first half of...
Car Strikes Arkansas Sheriff’s Helicopters August 11, 2014 Arkansas police say a man has been hospitalized after his car flew into the air and struck two grounded law...
Insurance Firm Pays $16K to Vermont Auto Customers October 30, 2013 The Department of Financial Regulation says a Wisconsin-based insurance company has paid nearly $16,000 in restitution to Vermont auto insurance...
Shipowners and Unions Raise Concerns at Casualty Reporting Failures April 22, 2013 By Denise Johnson Shipowners and seafarers’ unions have joined forces to express concern at flag states’ failure to submit maritime casualty reports as...
Sandy Damaged Vehicles Surpass 250,000 Mark: NICB February 21, 2013 The current estimate of vehicles damaged as a result of Sandy is now set at 250,500 based on claims processed...
Superstorm Sandy to Cost Reinsurer Swiss Re $900M November 27, 2012 Reinsurance company Swiss Re estimates that claims stemming from the destruction caused by Superstorm Sandy will cost the company about...
CDI Launches Enforcement Action Against Insurers Over Claims Handling Practices March 9, 2012 The California Department of Insurance (CDI) announced this week it served an Order to Show Cause, a Statement of Charges/Accusation...