In the wake of last week’s widespread hail storm that damaged homes and automobiles, the South Carolina director of insurance said that emergency rules allow out-of-state adjusters and appraisers to work claims, as long as they are licensed in other …
A severe convective storm system spawned softball-sized hail and destructive tornadoes across the central U.S. last week, leaving meteorologists to speculate if warmer winter weather is behind the storm outbreak. As parts of the Midwest recover from the March 13-14 …
A Texas judge has ordered a Houston plaintiffs’ attorney to reimburse an insurer $137,000 for the legal fees it expended to defend itself against a “frivolous” and “groundless” lawsuit that was filed “solely for the purpose of harassment.” Harris County …
Hurricanes in the East. Wildfires in the West. Those are the big disasters that grab the headlines and are driving property insurance costs and cancellations, to a large degree, right? Yes, but insurers also are seeing a huge increase in …
The impact from a June hailstorm over Texas with baseball to softball-sized hail is expected to cause over $1 billion in insured losses, according to catastrophe modeling firm Karen Clark and Company. The storm occurred June 10th to 13th as …
An American Automobile Association report revealing the top auto insurance claims among Texas members in 2021 shows that rear-end collisions and fender benders accounted for 18% of all claims this year. A rear-end collision or fender bender costs drivers more …
An insurer’s payment of the appraisal value after disputing a claim does not establish that it was liable, nor does that payment prevent a policyholder from pursuing penalties under the Prompt Payment of Claims Act, a split Texas Supreme Court …
A powerful storm system unleashed strong winds and torrential rains across much of Texas over night on Sunday, knocking out power, damaging homes and flooding streets. Authorities say at least 30 homes were damaged when the storm rolled through parts …
State officials say damage claims for Montana crops due to hail are nearly double what they’ve been in recent years. The Billings Gazette reported the state Department of Agriculture’s Walt Anseth says farmers submitted 200 insurance claims from January to …
Hailstorms that rolled through the Fort Worth, Texas, area last week could result in $300 million in vehicle repairs. Mark Hanna, a spokesman for the Insurance Council of Texas, estimated that 50,000 vehicles were damaged by the morning storms on …
