As of May 2, 2023, FEMA reported that National Flood Insurance Program (NFIP) claims related to Hurricane Ian total $3.9B. Out of the roughly 48,000 claims in Florida and the Carolinas, around 95% have been closed, according to the agency.
Hurricane Ian caused widespread flooding across Florida, North Carolina, and South Carolina in October, resulting in losses estimated at between $41 billion and $70 billion. Among those losses were up to 358,000 vehicles damaged by floodwaters, according to Carfax.
Final numbers won’t be available for months, but one thing is certain: An overwhelming number of drivers in Hurricane Ian’s path will be replacing a vehicle at a time when inventories are already tight.
The wife of a decorated New York City firefighter is suing the Biltmore Estate in Asheville, North Carolina, after a tree on the property fell on the family car and killed her husband, according to a lawsuit.
Automobile collisions involving wildlife can be deeply traumatizing and costly for drivers and their passengers, but a new report from State Farm reveals just how common of an occurrence such crashes are.
A beach home along North Carolina’s Outer Banks collapsed into the Atlantic Ocean Tuesday, May 10, and the National Park Service fears more are likely to fall in the coming days.
Researchers have used artificial intelligence to predict where flood damage is likely to happen in the continental United States. The findings suggest that recent flood maps from the Federal Emergency Management Agency do not capture the full extent of flood risk.
In Farm Bureau v. Dana, the North Carolina Supreme Court held that the Financial Responsibility Act requires a claimant to treat the per accident limit of coverage as the total sum that is available to all claimants entitled to a share of available UIM coverage, provided that the amount of UIM coverage available to any individual claimant is limited to the per person amount.
On August 16, 2021, the District Court for Clark County, Nevada, denied an insurance company’s motion to dismiss a property owner’s lawsuit seeking business interruption insurance coverage due to COVID-19.
Six Charlotte-area patients claim that their insurance company, UnitedHealth Group, stuck them with unexpectedly large bills after dropping their anesthesiologists out of its network.
Tropical Storm Fred weakened to a depression and spawned several apparent tornadoes in Georgia on Tuesday as it dumped heavy rains into the Appalachian mountains along a path that could cause flash floods as far north as upstate New York.
A long driveway takes you up to the red brick house with an expansive front porch and giant white pillars. Once inside, a grand foyer and stairs lead you up or down.
The ongoing winter storm event in the United States, named winter storm Uri, is thought likely to become the largest winter storm loss on record for the insurance and reinsurance industry, while the Texas insurance regulator said it could have a bigger impact than hurricane Harvey.