property damage News

Officials Say Power Lines Likely Caused Nevada Fire

Fire investigators in Reno say arcing power lines likely caused the wind-fueled wildfire that destroyed 15 homes and damaged at least 40 more. Reno Fire Chief Mike Hernandez says the 2,000-acre fire is now 65 percent contained. He expects that …

Three Fires Damage Neighboring Businesses in Georgia Suburb

Fire officials in the Atlanta suburb of Marietta are investigating three blazes at nearby businesses. CBS Atlanta reports that AquaRama Pools and Spas was damaged by one blaze. Authorities said a beauty salon was also heavily damaged by another fire. …

Quake Policies Extremely Rare in Oklahoma

When an earthquake rattled his Oklahoma home a couple of years ago, retiree Melvin McBane briefly considered buying quake insurance for the next time it happened. Finding a policy too pricey, McBane figured he could do without. Now that the …

Truck Fire Damages McDonald’s in Utah

Salt Lake City, Utah, authorities say a pickup truck that caught fire in a McDonald’s drive-through lane ignited a blaze that caused an estimated $1 million in damage to the restaurant. The Salt Lake Tribune and Deseret News report smoke …

CDC: Add $2 Per Drink for U.S. Excessive Drinking

The toll of excessive drinking works out to about $2 per drink, in terms of medical expenses and other costs to society, according to a new federal research. The Centers for Disease Control and Prevention study calculated societal costs from …

Thailand Property Damage Flood Losses Could Total $3B

Barriers protecting Bangkok from Thailand’s worst floods in half a century held firm Sunday as the government said some water drenching provinces just north of the capital has began receding. That fueled hopes that Bangkok, a city of 9 million, …

Virginia Tornado Damage Rises

New Kent County, Va., officials said Friday twice as many homes were damaged by a tornado that struck Thursday than they originally thought. New Kent County was one of three areas of the state where suspected tornados struck, along with …

Nebraska Fire Chief Predicts Millions in Crop Losses

Weary Nebraska firefighters battled wind-swept grass fires Wednesday that devoured more than 20,000 acres of farmland and caused millions of dollars in estimated crop and property damage. At least one home was destroyed near the tiny town of Stapleton, a …

Suspect Offered Plea Deal in Colorado Museum Fire

A man accused of setting fire to a historic museum in Frisco, Colorado, has been offered a plea deal that would require him to pay for the damage. Tony Bana appeared in court Monday on charges of theft, burglary and …

Property Loss Cost Containment Strategies: Cheaper Isn’t Better

How carriers and adjusters respond to property losses can reduce the impact of the claims as well as the costs, according to Lynne Jurek Shannon and Doris T. Bobadilla, defense attorneys with the Galloway, Johnson, Tompkins, Burr & Smith law …