His three vehicles flooded by Hurricane Harvey, Jason Bell checked at one car-rental office only to find about 2,500 people ahead of him on the waiting list. When he tried a more out-of-the-way location, the reservations still numbered about 300. …
According to preliminary sigma estimates, global total economic losses from natural catastrophes and man-made disasters in the first half of 2017 were $44 billion. That was well below the first half annual average of $120 billion of the last 10 …
Arkansas police say a man has been hospitalized after his car flew into the air and struck two grounded law enforcement helicopters. The Baxter Bulletin reports a 71-year-old driver launched his car off of an 8-foot retaining wall next to …
The Department of Financial Regulation says a Wisconsin-based insurance company has paid nearly $16,000 in restitution to Vermont auto insurance customers whose damage claims were not evaluated properly. An investigation by the department determined that Dairyland Insurance Co. had inaccurately …
Shipowners and seafarers’ unions have joined forces to express concern at flag states’ failure to submit maritime casualty reports as required under international conventions. The International Chamber of Shipping (ICS), which represents 80 percent of the world merchant fleet, and …
The current estimate of vehicles damaged as a result of Sandy is now set at 250,500 based on claims processed by insurance companies, according to latest figures released by the National Insurance Crime Bureau (NICB). New York’s number increased from …
Reinsurance company Swiss Re estimates that claims stemming from the destruction caused by Superstorm Sandy will cost the company about $900 million. The Swiss company also estimated Monday that total losses from insured damages will total between $20 billion and …
The California Department of Insurance (CDI) announced this week it served an Order to Show Cause, a Statement of Charges/Accusation and a Notice of Monetary Penalty against the New Hampshire Insurance Company, a subsidiary of AIG, and its authorized agent …