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Insured Cat Losses in 2016 Totaled $49B, with $158B of Economic Costs: Swiss Re

More than 10,000 people died as a result of natural and man-made disasters during 2016, with financial losses totaling at least $158 billion, Swiss Re said on Thursday. At an estimated $49 billion, insured losses rose by nearly a third …

Yahoo Warns 2nd Hack Exposed 1 Billion Users in Largest Data Breach in History

Yahoo Inc. warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. The number of affected accounts …

Top Florida Stories of 2016: McCarty Resigns as Commissioner, Altmaier Takes the Reins

Kevin McCarty’s decision to resign as Florida’s insurance commissioner at the beginning of the year after 13 years in the position rocked the state’s insurance world. It also set the stage for a political battle between Florida Gov. Rick Scott …

Tennessee Wildfire Damage Estimated at $500M

Deadly wildfires caused more than $500 million in damage as they tore through a tourism community in the foothills of the Great Smoky Mountains and killed 14 people, local officials estimated Tuesday. Sevier County Mayor Larry Waters put a dollar …

52 Million Americans Under Age 65 Have Pre-Existing Health Conditions: Kaiser

A new Kaiser Family Foundation study finds that 52 million adults under 65 – or 27 percent of that population — have pre-existing health conditions that would likely make them uninsurable if they applied for individual health coverage under medical …

Another Worker Dies From October Pipeline Explosion in Alabama

Officials say a second worker injured in the Oct. 31 explosion of a major gasoline pipeline in Alabama has died. Al.com quotes the Occupational Health and Safety Administration as saying the employee died on Nov. 22 from injuries received during …

Insurer Community Investments in California Earn $10M in Tax Credits

California Insurance Commissioner Dave Jones announced $10 million in tax credits awarded to 15 insurance companies and other investors that made more than $50 million in capital investments into California’s underserved communities through the 2016 California Organized Investment Network Community …

Carbon Monoxide Sickens 30 at North Carolina Restaurant

More than two dozen people were treated by paramedics after showing symptoms of carbon monoxide poisoning at the River Ridge Tap House restaurant in Clemmons, N.C. Forsyth County EMS tells local media that about 30 people who visited the restaurant …

Extreme Divide Marks Approach to Healthcare in Arkansas, Texas

The Affordable Care Act, or Obamacare, is highly unpopular in both Texas and Arkansas, but the sharply different approaches the states have taken is evident in the availability and cost of health care — in the span of a few …

Tennessee Gov Asks Obama to Expedite Disaster Declaration for Storms, Wildfires

Tennessee’s governor has sent a request to President Barack Obama to expedite a major disaster declaration for five of the state’s counties to aid in recovery from wildfires and severe storms. The counties included in Gov. Bill Haslam’s declaration request …

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