fire insurance News

Red Lobster Landlord Sues Insurer to ‘Clawback’ $1.2M Fire Claim Payment

The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insurance claims payments to repair the property. RL New Brunswick Owner LLC, …

Insurance Plan Fights Overhaul Aimed at Wildfire Areas

SACRAMENTO, Calif. — As California homeowners in wildfire-prone areas struggle to find insurance, a lawsuit filed Friday will test the state’s authority to help them. California’s insurance industry pays into a fund that sells coverage to people who can’t buy …

Northwest North Dakota Industrial Fire Costs Owner $12.7M

The fire at an oil field supply company in northwest North Dakota in July has cost the owner $12.7 million. The Williston Herald reports insurance didn’t cover the incident at Williston’s Red River Supply facility, which stored dozens of chemicals …

96 Fire Departments to Share in $2M Grant Money

Nearly 100 fire departments across Illinois will get a boost with new equipment, protective gear or other tools. Gov. Pat Quinn announced Tuesday that 96 departments will share a $2 million grant. The money comes through small equipment grants and …

3 Small Insurers Placed into Receivership in Missouri

A Barton County, Mo., judge has placed a group of three small insurance companies into receivership, after claims from the Joplin tornado left the group insolvent. John M. Huff, director of the Missouri Department of Insurance, was named as receiver …