News

Cause of Fire That Destroyed 150 Collector Cars in Illinois Remains Undetermined

A large fire last month destroyed at least 150 cars and damaged several more, according to multiple news outlets. The fire occurred at Country Classic Cars in rural Staunton, Ill., located on historic Route 66. According to its website, the …

Business News: KCC, Betterview, Coverys

KCC Releases RiskInsight-lite Live Cat Model Catastrophe modeling firm Karen Clark & Company (KCC) announced the release of RiskInsight-lite, a new modeling platform that enables (re)insurers to track their claims and losses in real time from live hurricanes as well …

Army of Tow Trucks Tackle Houston’s Flood-Ravaged Cars

How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time. Toll is part of an army of more …

Researchers Say Hurricane Irma Made Worse by Climate Change

Climate change didn’t cause Hurricane Irma, the most powerful storm to form in the open Atlantic Ocean, but did make it much stronger, scientists in Germany and the U.K. said. Irma made landfall in the Caribbean early Wednesday and barreled …

Houston Small Businesses Begin Recovery After Harvey

Josh Beasley and his fiancé bought Houston’s Body3 Personal Fitness on July 1, less than two months before Tropical Storm Harvey swamped the gym with a foot of water and left behind the dank stench of fetid mildew. Wading into …

New Texas Task Force Formed to Investigate Hurricane-Related Fraud

Federal prosecutors will lead a new Houston-based group created to help law enforcement agencies respond to an inevitable wave of fraud and other criminal activity set off by Harvey’s punishing rains. Authorities are warning residents, volunteers and officials in flood …

Florida Braces for Atlantic’s Strongest Storm Yet

Hurricane Irma, the most powerful storm to form in the open Atlantic Ocean, made landfall in the Caribbean early Wednesday and barreled toward Puerto Rico on a path that may bring it ashore in Florida and destroy so much property …

Fewer Ladders, More Drones Being Used to Adjust Harvey Claims

Insurance adjusters are bringing more drones with them than ever before as they head to Texas to assess the damage from Harvey. Companies are using the drones on a much larger scale to record images, save time and spare human …

Lawsuit Between Insurer, Owners Over Ohio Mansion Fire Set for Trial

A dispute over a multi-million dollar insurance claim for an Ohio mansion that burned to the ground more than three years ago is set for trial next month in federal court in Cincinnati. Jeffrey and Maria Decker sued Chubb National …

Latest Fatal Jeep Crash Sparks Criticism of Recall Fix to Prevent Fires

A fatal accident this week involving a Jeep SUV has revived criticism from safety advocates that a federally sanctioned recall plan to keep the vehicle’s fuel tank from igniting in rear-end crashes didn’t go far enough to protect motorists. Vicki …

News Archives by Month