Production at a large north Mississippi tire plant has ground to a halt in the wake of a damaging tornado, pausing operations at one of Goodyear’s largest production facilities in North America. Storms that dropped possibly dozens of tornadoes tore …
The Texas Windstorm Insurance Association has begun its annual rate filing process, which will kick off with a July 21 meeting. TWIA’s Actuarial & Underwriting Committee is set to review the rate adequacy analysis prepared by the association’s actuarial staff. …
This post is part of a series sponsored by CoreLogic. Hurricanes are often some of the most destructive and costly natural hazards. Their impact on homes, businesses and infrastructure comes in the form of strong winds and flooding. There are …
This post is part of a series sponsored by CoreLogic. The Modern Age of Desk Adjusting for the Insurance Industry Deploying adjusters to the field is a large overhead cost for insurance companies. Incoming claims vary in terms of size …
This post is part of a series sponsored by CoreLogic. Wind is one of nature’s most difficult hazards to measure, and damage caused from it can go undetected for months. Unlike hail which can be visually seen and, more often …
This post is part of a series sponsored by CoreLogic. Annual Summary from CoreLogic Details 2016 Natural Hazard Events CoreLogic® analyzes and evaluates the number and severity of natural hazard events that occurred across the U.S. annually in its Natural …
The Texas Windstorm Insurance Association expert panel will hold a public meeting this week to inform the public about the progress of the panel’s work, to allow the public to observe the panel discussing its work, and to give the …
Forecasters are warning of an onset of gusty, dry conditions that will dramatically raise fire danger in large swaths of California as surface high pressure builds into the Pacific Northwest. In Southern California, the National Weather Service has predicted a …
Thirty-seven percent of Texans say Lone Star State spring storms scare them, and more than a third say they feel the weather is getting worse year after year, according to a new survey by Allstate Insurance Co. The number of …
AIR Worldwide’s analysis of Typhoon Botha’s [also named ‘Pablo,’ locally] impact on the Philippines indicates that as “insurance penetration in this area is around 10 percent to 20 percent; insured losses are not expected to be high as a result …
