Nearly 15,000 trucks manufactured by Paccar, Daimler and Autocar are being recalled for various defects, according to recent documents from the National Highway Traffic Safety Administration.
Flooding caused by rising sea levels threatens property values in Maine and New England, with $69.9 million lost in Maine and $403 million lost across the region, a study released Tuesday found.
When 11 insurance startups sat down to work for the first time in the Stilts Building last January, they held the hopes of an anxious industry. Theyd come to Hartford for the citys inaugural, and untested, accelerator program, the Hartford InsurTech Hub.
Travelers has committed $5 million to provide additional financial assistance to current and former policyholders with failing foundations. The money will only be made available to homeowners who have also filed an insurance claim with Travelers and who are receiving funding from the Connecticut Foundations Solutions Indemnity Company.
Tuesdays midterm Election Day is filled with fascinating races coast to coast from the Florida gubernatorial contest to the Texas Senate race, with control of Congress hanging in the balance. Not as many people are paying attention to the expected turnover among state insurance commissioners.
Crews continue to clean up a mess caused by a sewer backup in West Hartford. The backup happened on Wednesday morning on Linbrook Road near Fern Street, flooding the streets and basements of homes.
Four tornadoes hit three separate New York counties and one Connecticut county as severe weather walloped the tri-state area Tuesday, the National Weather Service said Wednesday.
The prospect of a hurricane tearing up the East Coast through Long Island and Connecticut, hitting Cape Cod and heading up to Maine “is an event that keeps insurance people awake at night,” according to Robert DeSaulniers, a flood insurance specialist for the Federal Emergency Management Agencys northeast region.
Insurtech company REIN has launched DroneInsurance.com, with underwriting by Liberty Specialty Markets, providing usage-based insurance for commercial drone operators and simplifying the process of obtaining both base and liability coverage.
Georgia has joined fifteen other states which have outlawed the use of hand-held cellphones and mobile devices while driving. A new law signed by Governor Nathan Deal makes watching movies, shooting video, and even the mere “holding” of hand-held devices while in the vehicleeven while stoppedillegal.
Twelve states will each see insured damages topping $100 million as the weather system that hit the U.S. from May 11-16 caused a total of $2.5 billion in commercial and residential claims, according to a report Tuesday from Boston-based catastrophe modeler Karen Clark & Co.
For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.