July 2, 2018
A former Honolulu, Hawaii police officer suspected of staging a home burglary pleaded guilty to two charges of insurance fraud related to the incident. Travis E. Copeland pleaded guilty last week and faces up to five years in prison for …
June 28, 2018
The hailstorms that hit Northern Colorado and the Denver-metro just over a week ago carried a $276.4 million insurance price tag. The storms followed a Southern Colorado hailstorm a week earlier that caused an estimated $169 million in insured losses. …
June 27, 2018
I really hate reopening this can of worms, but I’m living it so here goes. My wife and I are doing some house hunting lately (in case you’re wondering, it’s not at all like the show, we’ve looked at a …
June 20, 2018
After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to 107.1 in 2017 as a result of numerous catastrophes, according to an A.M. Best report. The new Best’s Market Segment …
June 18, 2018
Personal lines underwriting losses rose in 2017 for the fourth year in a row, Fitch Ratings found in a new report. There’s a twist, however. In the three years prior to 2017, personal automobile insurance contributed largely to underwriting losses. …
June 12, 2018
Small explosions at the summit of an erupting Hawaii volcano could send ash into communities. Scientists say the blasts happened Monday, including one after a magnitude-5.4 earthquake. Ash expelled from the Kilauea volcano may cause poor visibility and slippery conditions …
June 6, 2018
Lava from Hawaii’s erupting Kilauea volcano has destroyed more than 100 homes in a rural Big Island district. As of Monday, lava burned down 117 homes, said Hawaii County spokeswoman Janet Snyder. On Friday, the count was at 87 homes. …
May 25, 2018
Authorities say an Ohio homeowner trying to kill troublesome weeds with a torch has burned down his garage. The Springfield News-Sun reported Springfield Township firefighters in central Ohio were called to a home around 4 a.m. Thursday for a detached …
May 14, 2018
Some homeowners in a Hawaiian neighborhood where lava is flowing might not be so fortunate when they file their claims after all. It was previously reported that Gordon Ito, Hawaii’s insurance commissioner, was making it known that homes destroyed or …
May 10, 2018
Hawaii residents were alerted on Thursday to rising levels of toxic gas from volcanic fissures and geologists warned that new areas east of the erupting Kilauea volcano may be at risk to lava bursting from the ground. Hawaii County authorities …