First quarter 2022 insurance premiums earned grew 6.5% to about $11 billion at Allstate Corp., as net income was $630 million compared with a loss of about $1.4 billion during the first three months of 2021. CEO Tom Wilson said …
In the words of its CEO, there’s a “fair amount to pay attention to” from the first-quarter earnings call of Travelers, as the P/C insurer grew net written premiums 11% to a record $8.4 billion. “Geopolitical risk is at a …
The Virginia Supreme Court has ruled that an all-terrain vehicle (ATV) is not a “farm type vehicle” covered by a homeowner’s insurance policy, reversing a lower court that ruled in favor of coverage. The lower court ruled for the injured …
Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in 2021, costing $881 million, according to an analysis by the Insurance Information Institute (Triple-I) and State Farm. The number of …
It’s a simple recipe that requires only a couple ingredients, and New Mexico has them all. Strong winds, low humidity and dry conditions that stem from two decades of persistent drought combined this week for more critical fire weather across …
The Louisville City Council in suburban Denver voted in favor of allowing residents whose homes were significantly damaged or destroyed in Colorado’s most destructive wildfire to rebuild under less-stringent environmental standards. The Council voted 5-2 to allow affected residents to …
A judge dismissed criminal charges against a Danish man accused of starting a Colorado wildfire that destroyed about 140 homes in 2018 after he was repeatedly found unable to stand trial. It was not clear what would happen to Jesper …
The first lawsuit filed in connection with a wildfire that destroyed over 1,000 homes and other buildings in suburban Denver claims that sparks from a power line started December’s blaze. The lawsuit filed against Xcel Energy says that its power …
Some residents living near an Anchorage suburb were ordered to evacuate Sunday over fears of another avalanche after a slide last week cut off about 100 homes from a main road. Anchorage Mayor Dave Bronson issued the evacuation order for …
Nearly 20,000 people who were forced to flee a wildfire in northern Colorado were back home Monday after firefighters were able to stop the spread of the fire at 190 acres. The fire that broke out Saturday in the rolling …
