Allen Owen, the mayor of Missouri City, Texas, wants to do more to protect his town from the next disaster. But the city hasn’t gotten any of the roughly $1 million in federal disaster funds he said it’s owed after …
In a blow to the owner of Opry Mills Mall, the Tennessee Supreme Court has let stand a lower court’s ruling that stripped $150 million of insurance coverage for the 2010 flood. The state’s highest court announced Monday that it …
After yet another devastating flash flood ripped apart their historic Maryland mill town, hundreds of residents and business owners are again asking themselves: Should I stay or should I go? Some business owners in picturesque Ellicott City – established in …
More than 6.9 million homes along the Atlantic and Gulf Coasts are at potential risk of damage from hurricane storm surge inundation with a total reconstruction cost value (RCV) of more than $1.6 trillion (Table 1), according to CoreLogic, a …
After enduring one of the more active hurricane seasons in recent memory, U.S. P/C insurers are well positioned for what is pointing to an average hurricane season in 2018, according to Fitch Ratings in its annual hurricane season preview report. …
The average total cost per workers’ compensation claim in Illinois grew annually anywhere from 1 to 3 percent since 2012, according to a recent study by the Workers Compensation Research Institute (WCRI). “Due to small to moderate changes in medical …
Tyler Chen and his wife, Kim were arraigned in court this week in the Santa Clara County Superior Court following their arrest on multiple felony counts of insurance fraud and arson for their role in allegedly setting fires in a …
The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led consumers to questions whether these vehicles can alleviate traffic issues …
A harbor barrier to protect Boston, Mass., from rising seas and increased flooding due to climate change could cost nearly $12 billion and take more than 30 years to complete, according to a new analysis from the University of Massachusetts-Boston. …
Mudslides triggered by the soggy remnants of Alberto forced evacuations below a dam and closed an interstate highway in the western mountains of North Carolina on Wednesday. Forecasters warned that the leftovers of the Atlantic hurricane season’s first named storm …