winter storm claims News

Winter Losses Not Expected to Have P/C Insurer Ratings Impact: Fitch

Severe winter weather is causing large losses for property/casualty insurance companies in early 2014, however there should be no rating impact as a result, according to Fitch Ratings. The severe winter weather from Jan. 1 to Feb. 21 has generated …

Frigid Weather Could Lead to Burst Pipes and Fallen Trees

Dangerously low temperatures, such as those enveloping the central, eastern and even southern United States, bring with them potential hazards for homeowners and drivers alike, according to the Insurance Information Institute (I.I.I.). “Severe winter weather is the third-largest cause of …