Creating a Hail Storm

Creating a hailstorm is no easy task, according to researchers at the Insurance Institute for Business & Home Safety who said the project was several years in the making. Duplicating Mother Nature, researchers were able to compare how different types of residential roofing and siding materials perform during a full scale indoor hailstorm conducted at…

Winter Storm Saturn and it’s Path

Winter Storm Saturn will continue laying down a heavy swath of snow from the Upper Midwest to the Ohio Valley. Let’s lay out the “who, what and how much” bullet points: On Tuesday 3/5/13 Snow:  Ends in the northern Plains, continues in the Upper Mississippi Valley, spreading into the Ohio Valley and western Great Lakes.  Snow…

Waterproof phones and tablets make a splash

We all know what lengths we take to hide our electronics in the many weather conditions we are working in. How many people do you know that have accidently dropped their phone in the lake, pool, or spilled coffee on their tablet?  A soaked phone or tablet has traditionally meant shelling out for a costly…

Florida’s Top 10 Sinkhole-Prone Counties

It’s no secret that property/casualty insurers have been fielding more and more sinkhole claims in Florida and now online hazard mapping firm CDS Business Mapping and its RiskMeter Online service have come up with a list of the top 10 sinkhole prone counties in Florida. The list is based on information from the company’s RiskMeter’s sinkhole…

Weather Channel’s Decision to Name Winter Storms

The Weather Channel’s decision this winter season to start naming severe winter storms in the U.S. — such as bestowing the name “Nemo” for the massive Feb. 8-9 winter storm — most likely will not have any implication for “named-storm clauses” found in many property policies, the Insurance Information Institute said. Under named-storm clauses, policyholders…

Xactimate 28 Unveiled

Xactimate‘s latest version allows property professionals to estimate claims on mobile, tablet, online, or desktop platforms. At their fourth annual user conference, Xactware unveiled Xactimate® version 28, a revolutionary new way to estimate structural repair costs on mobile, online, and desktop platforms. When the update is released in spring 2013, Xactimate will be available on iOS…

Only 11 States Have Moved on Obamacare Health Regulations

Only 11 of the 50 U.S. states have moved to implement new consumer safeguards under President Barack Obama’s healthcare law, raising questions about how major health insurance reforms will be enforced, a report released on Friday says. The report by the nonpartisan Commonwealth Fund found 39 states have yet to pass laws or issue regulations…

Deadly, Damaging Storms Roar East

A huge storm system with thunderstorms, damaging winds and possible tornadoes raked a wide area of the central U.S. and South on Wednesday, and threatened to become more powerful as it roared East. The severe threat includes many major cities: Atlanta, Charlotte, Raleigh and New Orleans. Philadelphia, New York City, Washington, D.C., and southern New…

Iowa Woman Sentenced for Lying About 2008 Flood Damage

A 37-year-old Iowa woman has been sentenced to federal prison for lying about 2008 flood damage in Cedar Rapids. Federal prosecutors say Emily Protsman on Wednesday was given 18 months behind bars and five years of supervised release once she leaves custody. Protsman also must pay more than $8,800 in restitution. She’d pleaded guilty in…

2 Florida Moms Sentenced for Staged Accident Insurance Fraud

Two South Florida mothers have been sentenced to prison for their roles in staging car accidents to commit fraud on insurers. Federal prosecutors said that 42-year-old Ana Ovando of West Palm Beach was sentenced to more than six years in prison after a jury convicted her of mail fraud. Court records show Ovando used her…