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Insurance News

States with Best, Worst Home Flood Damage Disclosure Laws

Thu, 16 Aug 2018 18:49:31 +0000

In 21 states, home sellers are not required by law to disclose to buyers whether their home has ever flooded or whether they will be required to purchase flood insurance, according to an analysis by the Natural Resources Defense Council …

Apparent Natural Gas Explosion in Denver Injures 9

Thu, 16 Aug 2018 18:23:32 +0000

Nine people were injured, one critically, by an apparent natural gas explosion in Denver on Aug. 14, firefighters said. Capt. Greg Pixley, a spokesman for the Denver Fire Department, said seven bystanders were treated for minor injuries and released after …

Experts: Cost of Hail Damage Will Continue to Rise

Thu, 16 Aug 2018 18:18:17 +0000

Hailstorms inflict billions of dollars in damage yearly in North America alone, and the cost will rise as the growing population builds more homes, offices and factories, according to climate and weather experts who spoke at a conference in Colorado …

Why Insurers Should Love, Not Fear, Amazon: Viewpoint

Thu, 16 Aug 2018 18:00:54 +0000

Whenever Inc. eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report on Thursday that the e-commerce giant has been talking to insurers about introducing a price comparison website in the U.K. was no …

Lingering Texas Drought Has Ranchers Reducing Herds

Thu, 16 Aug 2018 16:45:56 +0000

A growing number of Texas ranchers and farmers are trimming their livestock, or selling them altogether, as the persistent drought has eliminated water supplies and forage for the animals. Some landowners describe a boom-and-bust cycle playing out with increasing frequency …

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