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29 12, 2022

$5.4B Insured Losses from Winter Storm Elliot: KCC

By | December 29th, 2022|Uncategorized|Comments Off on $5.4B Insured Losses from Winter Storm Elliot: KCC

Insured damage to residential, commercial, and industrial properties and automobiles will be about $5.4 billion from Winter Storm Elliot, according to modeler Karen Clark & Co (KCC). The storm affected 42 states from Dec. 21 to Dec. 24 with below-freezing …

29 12, 2022

One Storm Departs California as Another Lines up to Enter

By | December 29th, 2022|Uncategorized|Comments Off on One Storm Departs California as Another Lines up to Enter

SACRAMENTO, Calif. (AP) – Dense fog plagued California’s Central Valley early Wednesday as one winter storm left the state and another lined up to enter. The new storm was expected to move through Northern California late Wednesday and overnight, followed …

29 12, 2022

Heating Methods Suspected in Ohio Fire After family of 6 Killed

By | December 29th, 2022|Uncategorized|Comments Off on Heating Methods Suspected in Ohio Fire After family of 6 Killed

NEWCOMERSTOWN, Ohio (AP) – Authorities investigating a fire that claimed the lives of six members of an Ohio family are looking at the possibility that the blaze was sparked by alternative methods of heating that the family was using to …

29 12, 2022

Oklahoma Airport Says Air Force Charter Damaged Runway

By | December 29th, 2022|Uncategorized|Comments Off on Oklahoma Airport Says Air Force Charter Damaged Runway

STILLWATER, Okla. (AP) – A military cargo aircraft carrying the U.S. Air Force Academy women’s basketball team to a game at Oklahoma State University landed without authorization at the city’s airport and caused damage to its runway, city officials in …

29 12, 2022

Ohio Supreme Court: Ransomware Did Not Cause Direct Physical Loss

By | December 29th, 2022|Uncategorized|Comments Off on Ohio Supreme Court: Ransomware Did Not Cause Direct Physical Loss

A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no direct physical damage or loss, the Ohio Supreme Court ruled. “Computer software cannot experience ‘direct physical loss or physical damage’ …

29 12, 2022

Pennsylvania Helps Buffalo Clear Snow; State Acts on Flooding, Insurance, Banks

By | December 29th, 2022|Uncategorized|Comments Off on Pennsylvania Helps Buffalo Clear Snow; State Acts on Flooding, Insurance, Banks

Like a good neighbor, the state of Pennsylvania is sending equipment and personnel to help neighboring Buffalo, New York, dig out from the recent deadly winter storm that dumped more than four feet of snow in the region and has …

29 12, 2022

Highway Fatalities Top 170 in Maine

By | December 29th, 2022|Uncategorized|Comments Off on Highway Fatalities Top 170 in Maine

Maine is likely to finish the year with its highest number of highway fatalities in 15 years, as a pandemic trend of speeding and reckless driving continues across the state, officials said. The unofficial number of highway deaths stood at …

23 12, 2022

Baltimore Police Say Carjackers Targeting Rideshare Drivers

By | December 23rd, 2022|Uncategorized|Comments Off on Baltimore Police Say Carjackers Targeting Rideshare Drivers

Police in Baltimore are investigating dozens of rideshare carjackings and robberies over the past month but have seen more cases despite several arrests, Police Commissioner Michael Harrison said Wednesday. In many cases, an active rideshare driver’s car and phone are …

23 12, 2022

Title Insurer Stewart Agrees to $2.5M ‘No-Poaching’ Settlement With New York

By | December 23rd, 2022|Uncategorized|Comments Off on Title Insurer Stewart Agrees to $2.5M ‘No-Poaching’ Settlement With New York

New York Attorney General Letitia James announced a settlement with one of the largest title insurance underwriters, Stewart Title Guaranty Corp., ending non-competitive no-poach agreements between Stewart and its competitors. As a result of this agreement, Stewart said it will …

22 12, 2022

Verisk to Acquire Swedish Claims Insurtech Mavera

By | December 22nd, 2022|Uncategorized|Comments Off on Verisk to Acquire Swedish Claims Insurtech Mavera

Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform. Financial details of the transaction were not disclosed. This addition of the Nordics personal …