California Fire Victims May Have Insurance Coverage, But …

The wildfire raging across California may be the most destructive ever. The so-called Camp Fire in Northern California and the Woolsey Fire in suburban Los Angeles have devastated tens of thousands of structures and could cost the state, insurers and homeowners at least $19 billion in damages. President Trump on Monday evening said on Twitter that he had…

“We are encouraged by the amazing resilience of the families and communities impacted by Hurricane Michael and are committed to ensuring that they receive the resources they need to recover as quickly as possible,” said Wes Maul, director of the Florida Division of Emergency Management. Within 30 days, more than $300 million in federal disaster funds have been…

Millions of small business and home owners currently depend on the National Flood Insurance Program to protect their property against flooding, the most costly and common natural disaster in the United States. To continue providing flood insurance after Nov. 30, Congress must reauthorize the National Flood Insurance Program before that date.

EK Insurance A New Insurance Service for Workplace Violence with Coverage Options Tied to Shootings at Commercial Spaces, Educational and Religious Institutions and Populated Areas NEW YORK- 9th November, 2018- EK Insurance, one of the leading insurance brokerage companies is pleased to introduce the newest insurance service in the market, the Active…

By a News Reporter-Staff News Editor at Insurance Weekly News– American Financial Group, Inc. reported 2018 third quarter net earnings attributable to shareholders of $204 million compared to $11 million for the 2017 third quarter. Net earnings for the quarter include after-tax charges of $21 million to strengthen the Company’s asbestos and…

LOS ANGELES, Nov. 8, 2018/ PRNewswire-iReach/– Carinsuranceplan.org has released a new blog post that explains what mistakes can occur during a car insurance claim process.. After a car accident, drivers must file a claim and if the event is covered, they will be reimbursed. However, there are many things that can go wrong and determine the company to decline the claim.

Nov. 06– Three Cambria County residents were among 27 arrested in a Western Pennsylvania insurance fraud investigation, state investigators said. Sharon Williams, 38, of Johnstown, Kristen Moore, 24, of Coupon, and Heather Bordack, 43, of Blandburg, all face fraud charges for separate incidents– related to claims ranging from $1,700 to $5,075, the documents show.

Miami, FL—- 11/05/2018– As the heavy flooding from Hurricane Florence and Hurricane Irma in 2017 reminds us, a storm can result in millions of dollars in damages, which reinforces the importance of ensuring that homeowners are properly covered before a storm hits. About Alonso Perez LLP Consisting of attorney Rafael Alonso, the law firm dedicates itself to…

The Florida Department of Financial Services issued the following statement by Chief Financial Officer Jimmy Patronis regarding Moody’s credit reporting agency’s report about the financial impact of Hurricane Michael on Florida:. “The news from Moody’s Investors Service that Florida will not only weather Hurricane Michael, but our response and…

Catastrophic losses are on the rise, but many insurance carriers remain unprepared. The good news: technology can help.

Halloween 2017 continued the year-over-year trend of delivering more tricks than treats for auto owners as a report for the days leading up to and after the holiday revealed an increase in auto claims, according to Mercury Insurance.

Insure.com commissioned a survey of nearly 1,000 parents of teen drivers asking if they enforce Graduated Driver Licensing laws, and if not, why, which laws they allow their teens to disregard, as well as how familiar they are with GDL limits. The Governors Highway Safety Association says GDL laws are key to keeping teen drivers safe. “Teenage drivers have the…

For years, the gulf between the tourist destination Panama City Beach and its eastern counterpart Panama City has steadily widened, the Hathaway Bridge the crossing point between two cities growing further apart. Dave Rickell, executive vice president of the chain known for staying open during natural disasters, is at the Panama City Beach location that day…

In September, the U.S. National Oceanographic and Atmospheric Administration released an analysis that found significantly higher rainfall frequency values in parts of Texas, redefining the amount of rainfall it takes to qualify as a 100-year event.

Disaster-prone developing nations, including Bangladesh and Indonesia, are exposed to crippling losses when storms, floods or earthquakes strike because they suffer from a dangerous lack of insurance, industry experts said on Monday. Globally, assets worth about $163 billion are not insured against catastrophes, posing a “significant threat” to…

Almost six years after Hurricane Sandy struck New Jersey, a group that advocates for flood survivors’ rights held its first convention, showing there is still much work to be done in the historic storm’s aftermath.

For the fifth year in a row, Michigan has held onto its title as the most expensive state for car insurance. While this is a slight decrease from last year, Michigan is still $874- or 64%- higher than the national average premium. This is a difference of $1,454 or breaks down that you’ll pay 158 percent more to insure the same vehicle in Michigan than in Vermont. “

When a natural disaster or federal emergency occurs in the United States, federal agencies, such as FEMA, provide relief and assistance to affected individuals and entities. FEMA provides financial assistance by, among other things, helping affected individuals repair their property. On Oct. 30, 2012, then- President Obama signed a Presidential Disaster…

Would drone images of Stuart, Port St. Lucie or Vero Beach look like what’s left of Mexico Beach? Michael was the most powerful storm in recorded history to hit the Panhandle. That, wrote TCPalm columnist Larry Reisman, was bad news for the 145,000 homes in Michael’s path– three-fourths of all residences in the nine Panhandle counties hit hardest– which were built…

While the human toll of Hurricane Michael is still being tallied, the environmental impact from the monster storm is expected to ripple across the the Panhandle, and the entire state might see fallout from the storm for years to come. “I think the impact from Hurricane Michael is still unknown at this point,” Kelly Richmond, a spokeswoman for Florida Fish and…

The $3 billion in federal relief money the city already received from the National Flood Insurance Program, FEMA individual assistance and loans from the Small Business Administration mostly went to wealthier neighborhoods, according to the report. There’s another $1.17 billion in housing relief coming from the U.S. Department of Housing and Urban…

Classes will resume Monday at Florida State’s sprawling, 40,000- student campus in Tallahassee and several other area universities. In the Bay County communities of Panama City and Mexico Beach, where the strongest hurricane to hit the Panhandle since record keeping began slammed onto the coast four days earlier, search-and-rescue crews accompanied by…

TALLAHASSEE, Fla.- It was once argued that the trees would help save Florida’s Panhandle from the fury of a hurricane, as the acres of forests in the region would provide a natural barrier to savage winds that accompany the deadly storms. “We’re learning painfully that we shouldn’t be doing those kinds of exemptions,” said Don Brown, a former legislator from the…

“We urge people to take this dangerous hurricane very seriously and make their final storm preparations now,” said Brad Kieserman, Vice President of Disaster Operations and Logistics for the Red Cross. “The Red Cross is working closely with state and local authorities in Florida, Alabama and Georgia to support evacuation centers for as many as 30,000 people who…

Florida officials have evacuated nearly 3,000 inmates after two prisons were damaged during Hurricane Michael. The Department of Corrections said Saturday that the facilities sustained significant roof damage, as well as damage to infrastructure critical for security.

For people without a lot of money, the destruction caused by Hurricane Michael on the Florida Panhandle is especially devastating. Seventy-two-year-old Mary Frances Parrish is expecting to be without electricity for two months, or roughly the same time the terminally ill son she’s caring for is expected to live.

Springfield, Fla.— Entire oceanfront communities in the Florida Panhandle were virtually obliterated, an Air Force base suffered“ catastrophic” damage and at least six people were killed by Hurricane Michael, a sucker-punch of a storm that intensified suddenly and now ranks as one of the four most powerful hurricanes ever to strike the United States.

So far six people have been reported killed as Michael, downgraded to a tropical storm, raced across the Carolinas toward Virginia, a day after hitting the Florida panhandle Wednesday morning as a Category 4 hurricane with wind speeds of up to 155 mph. President Trump described the hurricane as “unbelievably destructive and powerful,” contrasting it with last…

—Tropical Storm Michael has sped off toward the Atlantic Ocean, but there will be nothing quick about Florida’s recovery from the hurricane, where rows upon rows of homes have been smashed to pieces. —Storm riders: Roughly 375,000 people in Florida warned to evacuate; many refused, including 285 people in Mexico Beach where Michael made landfall.

October is National Crime Prevention month and State Farm wants consumers to be aware of how to help prevent home thefts, understand where they happen, and how we’re here to help first responders. In 2017, State Farm reported 74,676 home theft claims with an average of 6,223 claims per month. 6. North Carolina 2,372 claims.

Hurricane Michael has slammed into the Florida Panhandle, leaving widespread destruction and at least one death before downgrading and continuing its charge across the U.S. Southeast. Downgraded to a tropical storm over south Georgia early Thursday, it was weakening by the hour. Authorities reported at least one death Wednesday of a man killed by a falling tree and said search and rescue teams would be checking amid the storm debris for anyone still trapped or injured.

The FDIC encourages depository institutions to consider all reasonable and prudent steps to assist customers in communities affected by recent storms. The FDIC realizes that although the effects of natural disasters on local businesses and individuals can be devastating, they often are transitory. Statement of Applicability to Institutions Under $1…

Roy Cooper on Wednesday put a price tag on what it will take to at least partially recover from Hurricane Florence, even as a second hurricane threatens North Carolina with more rain and flooding. The governor released what he said is an early estimate of the damage– $13 billion– and presented a $1.5 billion wish list for recovery funding at a news conference in…

Residents are bracing Wednesday for what could be a very dangerous storm in Hurricane Michael, and utility workers are getting ready for potential large-scale power outages in northwest Florida. Floridians in Bay County have been ordered to shelter in place and stay off the roads ahead of the Category 4 storm. “The time for evacuating along the coast has come…

The U.S. Department of Health and Human Services issued the following news release:. Following President Trump’s emergency declaration for Florida, Health and Human Services Secretary Alex Azar today declared a public health emergency in the state as Hurricane Michael makes landfall. In addition, the Office of the Assistant Secretary for Preparedness and…

The Georgia Department of Revenue issued the following news release:. The Commissioner of the Georgia Department of Revenue, pursuant to the powers granted by law, is temporarily suspending the requirements associated with the Georgia International Registration Plan and the International Fuel Tax Agreement trip and fuel permits for vehicles providing…

The third quarter 2018 composite rate for personal lines in the United States held steady at an increase of 2…

In the United States, the composite rate in the third quarter 2018 continued to be up 2.5 percent, matching the…

OAKLAND, Calif. (October 1, 2018)—DriversEd.com—the leading online driving school—today released its 2018 Distracted Driving in America Report. An inaugural initiative,…

Ever since Hurricane Florence smashed into the Carolinas, everyone has been trying to return to normal as quickly as possible. Residents have sought assistance through the Federal Emergency Management Agency, the U.S. Small Business Administration, U.S. Department of Agriculture, state Division of Employment Security and many other agencies.

Delta says it lost $30 million on Hurricane Florence, and higher fuel prices are also weighing on the airline. Delta didn’t say how many of its flights were canceled, but the hurricane caused at least 3,500 cancellations across the airline industry, mostly in the Carolinas. The Atlanta-based airline says a key revenue measurement is rising, helping to partially offset higher spot prices for jet fuel.

Insurers could be facing another third quarter of costly casualty losses in the wake of Hurricane Florence lashing North Carolina and the surrounding region. “Given the timing of Hurricane Florence, any potential downward revisions to earnings estimates for companies in the insurance industry may not occur until late September or early October,” wrote John…

–From Atlantic hurricanes and California wildfires to drought in Europe, extreme weather-related events made 2017 one of the most costly on record for the global insurance industry, but insurers’ capacity to meet their losses continues to grow. Quotes“ The bad news for insurers is clear: 2017 was one of the worst years for insured losses on record,” said Rohan Dixon,…

The U.S. Marine Corps Forces Special Operations Command issued the following news:. A proper claimant is an active duty member, a reservist on active duty, or a civilian employee of the Department of Navy or USMC. Claims packets for filing your claim with the Navy can be found on-line at http://www.jag.navy.mil.

Sept. 13– A powerful hurricane is bearing down on the East Coast and a storm is churning away in the Gulf of Mexico. Even as hurricane season has once again hit full stride, though, the U.S. Congress has failed to take any substantive action to reform and protect the National Flood Insurance Program. Congress could make the banks and mortgage companies that write…

ARLINGTON, VA, September 10, 2018 — Commercial insurance prices in the U.S. increased by nearly 3% during the second quarter…

Sept. 04– As Tropical Storm Gordon washed out South Florida’s Labor Day celebrations, the Gulf coasts of Mississippi, Alabama and Louisiana braced for a possible hurricane as government leaders warned residents to prepare for heavy rain and flooding. “This is not going to be Hurricane Katrina, but it is still a very dangerous storm that we need to be very aware of,”…

Spain and his wife Deanna, a Waiakea Elementary School teacher, lived in their home for 13 years before it was flooded by the tropical cyclone, which dropped about 50 inches of rain in some areas of East Hawaii. Spain has a homeowner’s policy with American Reliable Insurance Co. with a hurricane rider, but said he was told since the home wasn’t damaged by the…

The Property Casualty Insurers Association of America issued the following news release:. The torrential rain associated with Hurricane Lane created dangerous flood conditions and if residents have storm damage they should contact their insurer immediately to get the recovery process started, according to the Property Casualty Insurers Association…

The Allstate Corporation has agreed to acquire InfoArmor, Inc., a leading provider of employee identity protection to more than 1 million employees and their family members at over 1,400 firms, including more than 100 of the Fortune 500 companies. With the acquisition of InfoArmor, Allstate will protect more customers from this risk and help rebuild their…