Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among over 150 alumni of the Lloyd’s Lab. This investment follows BreachBits’ successful co-development …
The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry enters a sustained period of strong growth. The post-Covid-19 growth will be driven by government spending on infrastructure and the …
Authorities say one person was killed and several dozen people displaced following a fire in New Jersey in which two firefighters were also injured. NorthJersey.com reports that fire crews called to a Paterson street at about 10 a.m. Sunday found …
A Pennsylvania man who pleaded guilty to charges that he firebombed a child welfare office during a custody dispute has been sentenced to 10 years in federal prison. Philip Finn Jr., of Plains, was sentenced after pleading guilty in October …
The director of the Hopkinton Town Library in New Hampshire says damage caused by a lightning strike is “mindboggling.” Donna Dunlop said “almost the entire inventory” of books must be replaced because of fire, smoke and water damage Friday night. …
Firefighters say a near-century-old New Jersey Italian restaurant suffered damage in an afternoon fire. Freehold fire officials say Federici’s Family Restaurant suffered smoke and water damage after a fire broke out in the wall of the restaurant Wednesday. Firefighters were …
The majority of homeowners do not view internal water leak damage as the most concerning home threat, despite the fact that water leaks are a more frequent risk than fire and theft, a new Chubb survey revealed. “The time between …
An office building in Norwich that houses seven businesses has been destroyed by a fire. The Norwich Bulletin reports that fire officials say the fire started around 3:30 a.m. Saturday on West Main Street. The East Great Plain Fire Department …
Several dozen people still cannot return to their Alexandria, Va., homes over fears that their condominium building could collapse. The building, part of River Towers Condominiums, was evacuated Sunday afternoon after officials say significant water damage to some of the …
“We’ve had a flood,” says the insured. “Oh, no!” the agent says, “What happened?” What really happened, and the coverage implications of what happened, is what must be considered before the loss occurs – not when this call comes. “What …
