The late-season Marshall Fire in Boulder County, Colorado, which destroyed almost 1,000 structures after strong winds accelerated the spread, is estimated to have resulted in insured losses of approximately $1 billion, according to risk modeller Karen Clark & Company.
Authorities in Colorado were searching for more answers Monday as they investigated what caused the destructive fire that torched scores of homes and displaced residents in the suburbs of Denver last week.
In the continuing saga of what can and cannot be appraised in a property insurance appraisal, the Tenth Circuit, in contrast to many other courts, has ruled appraisers can determine coverage issues.
When viruses shut down ski operations at Canadian Mountain Holidays and Ontario’s Blue Mountain Resort in 2015 and 2018, Lexington Insurance Co. paid the resort owners $200,000 in business interruption claims.
A woman was found dead and three other people were missing after rain triggered flooding and mudslides in an area of northern Colorado burned by a large wildfire last year, authorities said Wednesday.
Insurance giant UnitedHealthcare is cracking down on unnecessary emergency room visits with a new policy starting July 1 that the American Hospital Association says will jeopardize patients’ health and threaten them with financial penalties.
If you live in the western United States, the 2020 wildfire season has probably felt even more intense than the previous record-breaking seasons of 2017 or 2018. The sheer scale of the events this year has broken new records.
Toyota expanded a worldwide fuel pump recall to a total of 5.84 million vehicles for a defect that could cause the part to fail. In the United States, the total number of vehicles involved in this safety recall is now approximately 3.34 million vehicles.
The two largest wildfires in Colorado’s recorded history have destroyed more than 300 homes and hundreds of additional structures including detached garages, barns and sheds.
The East Troublesome Fire is continuing to devastate parts of northern Colorado, swallowing homes and businesses in its path. Long lines of cars made their way out of the area as the fire continued to grow Thursday.
From Wednesday night into Thursday morning the East Troublesome fire in Grand County, Colorado exploded from 19,000 to 125,000 acres in just 12 hours, driven by wind gusts of up to 60 mph. It is now the fourth biggest fire in state history.
A total of 26 homes were lost or damaged due to the CalWood Fire, officials said Sunday evening, though that number is expected to increase when damage assessment teams return to some of the affected areas.
An assessment of damage caused by the 102,596 acre Cameron Peak Fire in Larimer County has revealed that 54 structures were destroyed, including 25 homes.
A peach recall has expanded to include loose peaches and peach products after 78 people were sickened in 12 states by salmonella poisoning linked to the fruit, the US Centers for Disease Control and Prevention said Thursday.