Overall, just 26 percent ($54 billion) of overall economic losses caused by natural disasters worldwide during 2016 were covered by insurance as a higher percentage of damage occurred in areas with a lower insurance penetration. However, the public and private …
The California Earthquake Authority put out a notice reminding residents in the state that Tuesday marks the 23rd anniversary of the 1994 Northridge earthquake. The magnitude-6.7 shake that widespread damage to freeways, office buildings and homes. The cost to rebuild …
Santa Barbara, Calif.-based BB&H Benefit Designs has been purchased by Leavitt Group. Deborah Babineau and Marice McKeegan are the co-owners of the agency. The agency staff, location and contact information remain the same. BB&H specializes in assisting companies with the …
Officials in Winston-Salem, N.C., say a kerosene and gasoline mix-up at a convenience store led to two fires, both at houses. The Winston-Salem Journal reports Winston-Salem Fire Department Division Chief Sandy Shepherd told a news conference that a small house …
Property and casualty program manager Charity First has announced plans to transition its nonprofit and social service business to Nova Casualty Co., a specialty program carrier and a member of AIX Group. The move will enable Charity First to offer …
A powerful storm system unleashed strong winds and torrential rains across much of Texas over night on Sunday, knocking out power, damaging homes and flooding streets. Authorities say at least 30 homes were damaged when the storm rolled through parts …
A Great Falls, Mont. lawmaker has introduced a bill that would prevent local governments from placing bans on talking or texting on a cellphone while driving. Republican Rep. Jeremy Trebas tells the Great Falls Tribune that studies have not shown …
A University of Oregon student seeks $3 million in a lawsuit against medical providers who she says failed to properly diagnose her with meningococcal disease in 2015. The Register-Guard reported that Christina Jenkins’ lawsuit is the second from the disease …
The California Department of Insurance has issued a noncompliance notice to State Farm General Insurance Co. for refusing to reduce policyholders’ rates as mandated by an order from Insurance Commissioner Dave Jones in December 2016. Jones’ order directed State Farm …
Commercial truck drivers with three or more medical conditions double to quadruple their chance for being in a crash than healthier drivers, reports a study led by investigators at the University of Utah School of Medicine. The findings suggest that …
