property insurance News

M3.0 Earthquake Confirmed in Southern Utah

A minor earthquake struck parts of southern Utah, the U.S. Geological Survey confirmed. The quake struck on Friday morning, had a preliminary magnitude of 3.0 and was centered about 7 miles west of Panguitch, the USGS said. It happened at …

Some Lessons Learned from Wildfire That Nearly Destroyed Tahoe

The devastation starts on the western slope. Many of the cabins that once lined the highway between here and Sacramento are now gone. Instead, brick and stone chimneys stand sentinel, visible through blackened toothpick trees that dot the mountainsides. Gray …

California FAIR Plan Files to Offer Property Coverage to Farms

The California FAIR Plan Association announced on Wednesday it has submitted a farm product rate filing to the California Department of Insurance ahead of a 90-day deadline. The deadline to make the filing was imposed in Senate Bill 11. The …

Ida Damage Keeps Tens of Thousands of Louisiana Students Out of School

About 70,000 students across southeast Louisiana remain out of school because of Hurricane Ida’s destruction to classroom buildings a month ago, state Superintendent of Education Cade Brumley told lawmakers on Sept. 28. That’s nearly 1 in 10 of Louisiana’s K-12 …

$2.7M Jury Award Upheld Against ‘Predator’ Landlord in California

A San Francisco landlord once described as a “ruthless predator” who allegedly tried to drive tenants out of a rent-controlled unit must pay them $2.7 million, a state appeals court ruled. The court last month upheld the award in a …

Arizona Print Shop Explosion Accidental, Not Criminal: Feds

An accidental gas leak led to last week’s explosion at a Chandler strip mall print shop that left four men with serious burns, federal authorities said. Gabriel Pinon, a special agent with the Bureau of Alcohol, Tobacco, Firearms and Explosives, …

$40M in Hurricane Laura Repairs at Louisiana College

A southwest Louisiana community college says it has nearly completed more than $40 million in repairs and rebuilding needed because of damage from last year’s Hurricane Laura. The need for skilled workers to repair buildings around the area has boosted …

How Material, Labor Price Hikes Are Affecting Property Insurance

The COVID-19 pandemic is causing a sharp increase in the price of materials and labor and driving increases in property claim costs, experts said during a webinar hosted by ATI Restoration last week. “We’ve never seen lumber move this drastically …

200 Buildings Added to Avalanche Risk Areas for Alaskan City

Updated maps add 200 homes and other buildings to hazard zones for landslides and avalanches in Alaska’s capital city, bringing to about 550 the total number of structures that would be considered at moderate to severe risk of being damaged …

How East States Are Preparing as Tropical Storm Elsa Makes Its Way Northeast

Tropical Storm Elsa made landfall in Florida yesterday and is moving to the Northeast at 20 miles per hour, with the National Hurricane Center (NHC) calling for the storm to sweep over parts of the Northeast tomorrow. Tropical storm warnings …