Property Claims Services News

Assault on U.S. Capitol a Spark, but No Catastrophic Property Losses Yet

Commercial property insurers who are already edgy after suffering historic losses from civil unrest got another jolt Wednesday when pro-Trump protestors smashed windows to gain entry into the U.S. Capitol. But there’s “a lot of mileage” between the Washington D.C. …

Peaceful Protest Gives Way to More Unrest in Philadelphia

PHILADELPHIA — A tense Philadelphia braced for more demonstrations Wednesday over the police killing of a Black man following two nights of protests that set off unrelated pilfering of stores on the other side of the city. The death of …

PCS: $3.8B in US Insured Losses Makes Q1 2016 Worst in Decade

Catastrophe activity in the U.S. led to $3.8 billion in insured losses in 29 states during the 2016 first quarter, with much of the damage hitting Texas. Those events were the worst in a decade in terms of frequency and …

$500 Million Loss Placed on Amarillo Hailstorm

A massive hailstorm that moved through Amarillo, Texas on May 28 has resulted in $500 million in insured losses to the panhandle region. The final figure was released today by the Property Claim Services of the Insurance Services Office (ISO) …