property insurance News

Residents of Memphis Suburb Told to Avoid Tap Water After Fuel Spill

Residents of a Tennessee city must keep avoiding using their tap water after diesel fuel being used to power a generator at a treatment plant leaked into a reservoir, officials said Friday. Officials in the Memphis suburb of Germantown first …

Muscogee Nation Renews Lawsuit Over Alabama Casino on Sacred Site

The Muscogee (Creek) Nation has asked a federal appellate court to reinstate its lawsuit against the Poarch Creek Band of Indians and Auburn University for improperly removing graves from a sacred site in Alabama to build a casino. The Oklahoma-based …

Arkansas Schools Face 130% Increase in Property Premiums, Seek Financial Assistance

An Arkansas subcommittee last week approved Gov. Sarah Huckabee Sanders’ request for close to $11 million from the state’s restricted reserve fund to offset costs for school districts facing soaring property insurance costs. Arkansas school districts are facing an average …

Tornado Rips Apart Pfizer Plant, Injures 16 in North Carolina

Drugmaker Pfizer Inc. said on Wednesday its plant in Rocky Mount, North Carolina, which is one of the largest sterile injectable product facilities in the world, has suffered heavy damage from a tornado. A company spokesperson in an emailed statement …

Hurricanes Getting Costlier and Wetter, Triple I Report Finds

U.S. population growth in hurricane-prone states, coupled with the increasingly heavy rainfall which accompany these storms, has generated costlier insurance claim payouts for wind and flood-caused property damage, according to the Insurance Information Institute. “While wind speeds and storm surge …

Fire Kills Almost Every Animal at Florida Wildlife Center

An early morning fire on Thursday killed nearly all the animals at a wildlife center in Florida, officials said. News outlets reported the fire broke out around 3 a.m. Thursday at the Alligator and Wildlife Discovery Center in Madeira Beach, …

Florida Sinkhole That Swallowed Sleeping Man Reopens, This Time Harmlessly

A Florida sinkhole that in 2013 fatally swallowed a man sleeping in his own house has reopened for a third time, only now it`s behind chain-link fencing and doing no harm to people or property. Hillsborough County officials said the …

Miami-Dade Warns About Window Screws that Don’t Meet Code

The Miami-Dade County building inspection department is warning about imitation window screws that have failed to pass crucial tests and may not meet the county’s famously rigorous wind-load requirements. The Miami Herald reported Thursday that the building department put out …

Order Up: Next Florida Citizens Takeout Deadline is July 28

Florida regulators are reminding carriers that the deadline to participate in the November round of takeouts from Citizens Property Insurance Corp. is fast approaching. Carriers must submit an application by July 28, the Florida Office of Insurance Regulation said in …

Minor Quakes Rattle Parts of East Tennessee, Virginia

Multiple, minor earthquakes have been reported in western North Carolina in recent months but now they’re being felt in Tennessee and Virginia, the U.S. Geological Survey has reported. A 2.2-magnitude quake happened Friday evening near Sevierville, in eastern Tennessee, not …