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What Qualifies as an Insured Collapse?

Latest Case and Growing Trend Say it Must Fall Down or Cave in The scope of insurance coverage for collapse, first provided by the industry in 1954, has long been the subject of litigation in many jurisdictions. The arguments for …

Business News: Esurance, CoreLogic, QBE, AIG

Esurance Lays Off 30 Workers in South Dakota About 30 Esurance employees in Sioux Falls have lost their jobs as part of cuts within the insurance company. The Argus Leader reports that Esurance cut 100 jobs Tuesday, mostly in Sioux …

New York Central Park Blast Remains a Mystery 9 Months Later

New York Detective Paul Arroyo and Special Agent Peter D’Antonio are frustrated. For nearly nine months, the investigators have tried to find out how exactly a small, clear plastic bag full of readily available, highly explosive chemicals found its way …

Why Hoarding Impacts Claims

Adjusters who encounter hoarders on property claims can expect to have trouble in determining the cause of a covered loss as well as damages, said Jeff Taxier, education and training manager for American Technologies, Inc. Typically, a hoarder equals more …

Arrests Made in Fire That Collapsed Atlanta Highway Overpass

Three people were arrested Friday in connection with a raging fire that collapsed an elevated portion of Interstate 85 in Atlanta, Ga., and shut down the heavily traveled route through the heart of the city. Deputy Insurance Commissioner Jay Florence …

New Delaware Museum Exhibit Provides Insight into Art Fraud

A painting with problematic pigment. A Chanel suit dressed up with acetate trim instead of silk. A Stradivarius violin that, well, just doesn’t sound right. They’re all part of a new exhibit at Delaware’s Winterthur Museum that offers would-be sleuths …

Fraud News: Workers’ Comp Misclassification, Sandy Engineer Sentenced

Three California Residents Charged in Workers’ Comp Insurance Fraud Case A Riverside woman was arraigned Wednesday, March 29, 2017, on 52 felonies related to workers’ compensation insurance fraud that resulted in a loss of more than $540,000 to two insurance …

Inspection Days Before Deadly California Building Blaze Uncovered Many Violations

Inspectors discovered that a California building in a rundown neighborhood lacked fire extinguishers, smoke detectors in every apartment and a working sprinkler system just three days before a blaze erupted and killed three low-income residents. Officials uncovered multiple fire code …

Truck Driver in Deadly Texas Crash Admitted Texting Before Collision

The driver of a pickup truck that collided with a church minibus in rural Texas, killing 13 people, apologized after the crash and acknowledged he had been texting while driving, a witness said Friday. Jody Kuchler told The Associated Press …

Duke Energy Sues Insurers Over Coal Ash Cleanup Costs

The largest U.S. electric company sued 30 international and domestic insurance companies Wednesday, saying they should cover part of the utility’s multibillion-dollar cleanup costs in the Carolinas for toxic byproducts left from decades of burning coal to generate power. Charlotte-based …

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