Property News / Claims Pages / Page 2

Kansas City Chiefs Superfan Ordered to Pay $10.8 Million for Bank Robbery Trauma

A judge has mandated that a Chiefs superfan, who committed multiple bank robberies, pay over $10 million for the distress caused during a 2022 robbery.

April 11 ESPN Fraud Liability Litigation Property Kansas Oklahoma

Florida Peninsula Insurance Announces Rate Decrease Amid Legislative Reforms

In the wake of legislative changes, Florida Peninsula Insurance has announced a 2% reduction in premiums for homeowners and condo policies starting in July.

April 11 Insurance Journal Insurance Industry Legislation & Regulation Litigation Property Florida

Oklahoma Cracks Down on Unauthorized Home Warranty Sales

The Oklahoma Insurance Department has issued a cease-and-desist order to First Premier Home Warranty Corp. for selling unauthorized home warranties in the state.

April 9 FOX23 Fraud Insurance Industry Legislation & Regulation Property Oklahoma

Dog-related injury claims have surged to $1.12 billion in 2023, underscoring the importance of pet education and training to curb this rising trend.

April 9 Insurance Information Institute Education & Training Insurance Industry Liability Property California Florida Texas

Maryland Insurance Professional Sentenced for Major Theft from Title Company

A former insurance producer in Maryland pleads guilty to a significant theft scheme, resulting in a year of incarceration and restitution orders.

April 8 The Bay Net Fraud Insurance Industry Legislation & Regulation Property District Of Columbia Maryland Virginia

CSU Predicts Record-Breaking Atlantic Hurricane Season for 2024

Colorado State University’s researchers forecast a significantly active 2024 Atlantic hurricane season, citing unusually warm ocean temperatures and potential La Niña conditions.

April 8 Colorado State University Catastrophe Insurance Industry Property Risk Management Florida

Middle-Market Companies Grapple with Inflation and Insurance Adjustments

Chubb’s recent research highlights inflation as the main hurdle for middle-market companies, with many considering increased insurance coverage in response.

April 8 Insurance Information Institute Insurance Industry Property Risk Management Technology

Insurers and Consumers Face Growing Legal Costs Amid Social Inflation

Innovative legal tactics and social inflation are driving up insurance premiums and contributing to a hidden ’tort tax’ for American households.

April 5 Insurance Business Auto Insurance Industry Legislation & Regulation Property California Florida Indiana Kentucky Louisiana

Damaging Storms Sweep Across the Heartland, Leaving Destruction and Power Outages

The latest storms bring a wave of destruction through the heartland, with the Ohio Valley suffering severe damage, power outages, and injuries.

April 5 NY Post Catastrophe Property Risk Management Alabama Georgia Illinois Indiana Kentucky

Orlando’s Lake Ivanhoe Faces Environmental Hazard After Mineral Oil Spill

Orlando issues a lake alert for Lake Ivanhoe following a mineral oil spill, advising the public to avoid water contact activities.

April 4 Bungalower Property Risk Management Technology Florida

Tackling the Rising Threat of Snow Melt Flooding

With snow melt floods posing a growing threat in the U.S., insurance experts highlight the importance of adequate coverage and mitigation strategies.

April 3 Carrier Management Catastrophe Insurance Industry Property Risk Management Arkansas California Illinois Iowa Kentucky

Flood Insurance Discount Cuts by FEMA Stir Up Concerns in Florida

Nearly 18 months post-Hurricane Ian, FEMA’s plans to cut flood insurance discounts worry homeowners and officials in Florida.

April 3 Insurance Business Catastrophe Legislation & Regulation Property Risk Management Florida

Adjuster Regrets Promotion to Claims Manager, Laments Corporate Challenges

A newly promoted claims manager vents frustrations with the role, sparking advice and shared experiences on navigating corporate challenges.

April 2 Reddit Education & Training Insurance Industry Property Workers' Compensation Texas

Massive Storm System Unleashes Severe Weather Across the US, Causing Damage and Outages

A significant storm system brings widespread damage, power outages, and severe weather threats to millions across the central and eastern United States.

April 2 USA Today Catastrophe Property Illinois Indiana Kentucky Michigan Missouri