property insurance News

These Southwestern Counties Were Ranked Safest from Natural Disasters

A city in New Mexico and five counties in Colorado ranked in the top 10 for lowest-risk areas for natural catastrophes. A study by global property information provider CoreLogic detailed the least risky places to live in the U.S. from …

Kentucky Governor Signs Bill: Guaranty Fund Won’t Pay Claims from Self-Insurers

Kentucky’s governor this week signed into law a bill that seeks to make one thing perfectly clear: The Kentucky Insurance Guaranty Association will not pay claims from defunct self-insurers that are not members of the association. “The new law basically …

Report: Nearly 3,000 Buildings Affected by California Floods

An analysis released on Wednesday shows 2,933 properties were impacted by flooding across California, with an average inundation depth at building level of just over 1 foot. ICEYE’s Flood Insights, a data utility for insurers and emergency management organizations, are …

11 Injured in Southern California Apartment Complex Fire

At least 11 people were injured when a fire erupted in a large Los Angeles apartment complex, authorities said. Five of the approximately 200 units in the four-story building were burned, the Fire Department said in a statement on Monday. …

Alabama Senate Panel Wants $1B in Pandemic Relief for Infrastructure, Broadband

Alabama lawmakers on Wednesday advanced a House-passed plan to use the state’s final $1 billion in federal pandemic relief funds largely on a mix of water and sewer infrastructure, broadband expansion and health care reimbursements. The Senate Finance and Taxation …

Amendment to Florida Tort-Reform Would Grant One-Way Attorney Fees in Some Cases

A sponsor of a far-reaching Florida tort-reform bill warned last week that the measure, unlike previously adopted insurance legislation, is subject to change as it moves through the House and the Senate. On Tuesday, that proved true as the Senate …

Former Maryland Police Chief Convicted of Multiple Arsons Targeting His ‘Enemies’

A former Maryland police chief was convicted Thursday of intentionally setting fire to buildings belonging to his adversaries, leading various law enforcement agencies on a sprawling investigation that linked a dozen arsons spanning nearly a decade and crisscrossing several counties. …

Groups Charge Alabama Officials with Discrimination in Wastewater Funds Allocation

Environmental organizations have filed a civil rights complaint against Alabama, accusing the state of discriminating against minority communities in how it distributes funding for wastewater infrastructure, including money for families who need help dealing with raw sewage in their yards. …

Viewpoint: Stronger Building Standards Must Be the Norm

Regardless of where you call home, we all face growing risk of damage related to extreme weather. Hurricanes, wildfires, winter storms, tornadoes and hail pose increased risk for homes, businesses and communities across the country. According to the National Oceanic …

Judge Wants Fla. Adjuster Suspended, But Question Arises: Must Appraisers Be Licensed?

A public adjuster that has been vilified by insurers for disrupting and delaying property inspections could soon be suspended for two years following a recommended order by an administrative law judge. But state regulators’ recommendations in the case have raised …