Blog Category: Property and Casualty

Blog Category: Property and Casualty

Atlantic Hurricane Season

June 1st marks the beginning of the Atlantic Hurricane Season, and it extends until November 30th. According to the National Oceanic and Atmospheric Administration, an above-normal hurricane season is expected for 2020. According to forecasters with NOAA’s Climate Prediction Center, a division of the National Weather Service, there is a 60% chance of an above-...

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NICB: Texas Again Claims Top Spot for Hail Claims

The National Insurance Crime Bureau’s (NICB) report is based on a review of claims data from ISO ClaimSearch during the period of January 1, 2017, through Dec. 31, 2019, totaling 2,769,362 hail loss claims.

The top 5 states for hail loss claims were: Texas (637,977), Colorado (380,066), Nebraska (161,374), Minnesota (150,673) and Illinois (150,416). ...

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EPA Offers Tips on Safe Disinfectant Use, Warns of Fraudulent Products

The Environmental Protection Agency (EPA) is continuing to provide information on surface disinfectant products that can be used during the COVID-19 public health emergency. The agency now has nearly 400 products that have qualified to be effective against SARS-CoV-2, the virus that causes COVID-19. When using an EPA-registered surface disinfectant, always...

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Texas Extends Insurance Claims Handling Deadlines for 15 Days

The Texas Department of Insurance reports that insurance claim-handling deadlines have been extended for 15 days as of March 20 to help insurers respond to the COVID-19 outbreak. The extension was implemented after Gov. Greg Abbott suspended certain provisions of the state’s prompt pay laws and Insurance Commissioner Kent Sullivan declared the COVID-19 pandemic...

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Texas Still #1 in Hail Claims

Texas ranked as the state with most annual hail claims — by a wide margin — over the past 3 years according, to the National Insurance Crime Bureau (NICB).

In a media announcement, the NICB said a review of claims data from ISO ClaimSearch showed there were 2,891,291 hail loss claims from January 1, 2016, through December 31, 2018.

NICB listed...

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