The number of insurance claims from lightning strikes in the United States continued its steady decline, as severe thunderstorm activity eased from near-record levels and dry weather prevailed throughout much of the western half of the country. Despite fewer storms, …
Storms moving through multiple states at the end of May including Texas, Oklahoma, Kansas and Arkansas, have resulted in more than 9,000 claims already filed across multiple states for Farmers Insurance. Since the storms struck, Farmers Insurance specialized catastrophe adjusters …
A new survey highlights opportunities for North American property/casualty insurers to better utilize property claims third party services. Commissioned by BrightClaim, a national claims services provider, and conducted by Ward Group, a provider of benchmarking and best practices studies to …
According to data from the Farmers Insurance Seasonal Smarts Digest, extreme spring weather brings a significant increase in damage to cars and homes across the country between April and June. The new report, which examined Farmers claims data from 2013 …
Workers’ compensation costs per claim in Michigan were lower than that of the typical state, according to a recent study by Massachusetts-based Workers Compensation Research Institute, with average claim size falling over a three-year period. The WCRI study, CompScope Benchmarks …
Despite a decline in the number of jewelry store robberies and burglaries in 2014, dollar losses increased by more than $11M, according to John Kennedy, president of Jewelers Security Alliance (JSA). Kennedy and Scott Guginsky, vice president of JSA, discussed …
Workers’ compensation claims in Texas grew more slowly than in most of the other study states examined in a recent report by Cambridge-based Workers Compensation Research Institute (WCRI). The total average cost per claim for injured workers in Texas was …
Water, wind and hail lead the race for main causes of loss to homes in the second quarter of the year according to the Farmers Insurance Seasonal Smarts Digest. April, May and June are months known for their severe weather, …
A deadly Nebraska prison riot may have caused half a million dollars in damage, and is believed to have started when inmates complained about a lack of rehabilitation programs. Lawmakers said Thursday that damage to the Tecumseh State Correctional Institution …
Dog bites and other dog-related injuries accounted for more than one-third of all homeowners insurance liability claim dollars paid out in 2014, costing in excess of $530 million, according to the Insurance Information Institute (I.I.I.) and State Farm. An analysis …