insurance News

A Look at Earthquake Insurance Coverage by State

An East Coast earthquake? Suffering damage from a seismic shift isn’t a risk many homeowner’s outside of California worry about. Most standard homeowners, renters and business insurance policies do not cover damage from earthquakes — specifically, the potential losses from …

“Fraud Dog” to Bring Insurance Fraud Cases to Reality TV

Insurance fraud is so big it could be getting its own reality television show. The show, called the “Fraud Dog,” is in pilot production, and will star Linda Webb, a former AIG insurance claim executive and white collar crime detective …

Aruba Probes Insurance in Missing Tourist Case

An Aruban prosecutor says a Maryland tourist had a travel insurance policy that covered a companion who has been missing on the island for more than two weeks. Solicitor General Taco Stein tells The Associated Press that prosecutors are still …

Nebraska School District Tally $1.1M in Hail Damage

The York school district has tallied more than $1.1 million in damage from hail that clobbered schools and other district property on May 21. The York News-Times reports that a report to the school board by Superintendent Mike Lucas says …

Judge Dismisses Suit Against Florida Insurance Chief

A federal judge Thursday threw out a lawsuit against Florida’s insurance commissioner even though the official had opposed dismissing the case. Kevin McCarty argued that keeping the litigation alive would have given him the opportunity to clear his name against …

Former Adjuster to Plead Guilty in Rhode Island

An ex-insurance adjuster is set to plead guilty to charges he helped a former Rhode Island radio personality file a phony insurance claim for more than $40,000. Federal prosecutors say Vincent DiPaolo of Johnston will plead guilty to conspiracy and …

Florida Governor Suggests Making PIP Coverage Optional for Drivers

Florida drivers should have the option to forgo purchasing what is now mandatory auto personal injury protection (PIP) coverage, says Gov. Rick Scott. Following the failure of lawmakers this year to reform the state’s no-fault auto law, Scott has now …

Oregon Man Sentenced in Used-Car Insurance Scheme

A Eugene man has been convicted of an insurance scheme in which he bought and insured used cars and staged accidents between them, claiming money for the damage. The Eugene Register-Guard reports a judge has sentenced Timothy Huntley to more …

Wait Likely to Fix Illinois City’s Storm-Damaged Sidewalks

It may take until next year to repair sidewalks damaged in Quincy during a severe storm in June. Jeff Steinkamp is the interim director of Central Services in Quincy. He tells The Quincy Herald-Whig that depending on the availability of …

Joplin, Missouri Insurance Payout from Tornado Sets Record

Missouri officials say the insurance payout from the May 22 Joplin tornado will be the largest payout in the state’s history. The Missouri Department of Insurance says it expects the claims to eventually total between $1.5 billion and $2 billion. …