Property Insurance News


08/23/2019 12:30 PM
Dump Truck Crashes Through Upper Level Of Parking Garage, GPS Gets Blame
About 50 cars could be trapped for days in a Quincy parking garage after a dump truck partially fell through an upper level. The incident happened Wednesday at a garage at Furnace Brook Parkway and Copeland Street, Quincy police said. The truck was loaded with gravel. "We’re not exactly sure why the dump truck was in the parking lot, but the dump truck, obviously, went through the load bearing capacity of the parking structure. (It) wasn’t enough to handle his load," said Quincy Fire Department Deputy Chief Ed Fenby. The building owner told WCVB that the driver got lost and tried to make a U-turn before the incident and the weight of the truck caused the collapse.

08/23/2019 08:15 AM
When NOT To Have Earthquake Insurance
Combine modern building codes with huge deductibles before a policy kicks in, and the odds are probably in your favor without insurance. Southern Californians found themselves earlier this summer dealing with some of the largest earthquakes and aftershocks to hit the area in 20 years. Although the earthquakes weren’t devastating, they did serve as a reminder about earthquake insurance and whether its cost, high deductibles and exclusions make it the best route to go to protect your home or business. Following the quakes, which included nerve-shattering aftershocks, questions and confusion abound, particularly on the subject of insurance. Many believe inaccurately, state Insurance Commissioner Ricardo Lara would later emphasize, that a moratorium had been placed on all new earthquake policies.

08/21/2019 12:00 PM
Insurers Dropped Nearly 350,000 California Homeowners With Wildfire Risk
After two disastrous fire seasons, California officials have been besieged by homeowners in fire-prone areas complaining that their insurance premiums are skyrocketing or their plans are suddenly being dropped. Now regulators finally have a better idea of just how bad the problem is. The number of rural homeowners dropped by insurance companies topped 340,000 in just four years, according to figures released Tuesday by Insurance Commissioner Ricardo Lara’s staff. The non-renewals increased by 6 percent last year, translating into 88,187 homeowners forced to find replacement coverage in 2018 alone — often at much higher prices.

08/20/2019 01:45 PM
Downed Trees On Homes, Cars After Severe Storms Across Upstate South Carolina
The American Red Cross says it’s helping two adults and eight children whose home was damaged in Monday’s storms. The Red Cross said in a news release the family’s home is on Hill Top Drive in Seneca. Volunteers are helping the family of 10 with financial assistance for food, clothes, lodging and other essentials. City of Seneca Fire Department said in a Facebook post that Monday’s powerful storm downed trees on several cars and houses. No injuries were reported.

08/20/2019 12:15 PM
Semis Toppled In Strong Winds, Tornado Damage Reported In Central Iowa
The National Weather Service confirmed two tornadoes produced by severe stormed that passed through central Iowa early Tuesday morning. The National Weather Service confirmed tornadoes near Lacona and De Soto via radar, tornado debris signature and damage on the ground from emergency management officials. KNIA/KRLS Radio reported that a tornado was confirmed near Melcher-Dallas at around 6:10 a.m. Heavy rain has caused some street flooding in Des Moines and surrounding towns. Traffic signals are out in several locations. Power outages were in and around Des Moines. MidAmerican Energy said more that 20,000 customers experienced power outages.

08/20/2019 11:15 AM
Careening Dump Truck Leaves Trail Of Destruction In Pioneer Square, Seattle
A dump truck left a trail of destruction and injuries as it careened down streets in Seattle’s Pioneer Square on Monday morning, crashing into vehicles and people before plowing into a Subway restaurant at 40 mph. Police and medics responded to the scene, along James Street between 1st Avenue and 3rd Avenue at around 9:50 a.m. after receiving reports of a dump truck hitting multiple vehicles and a pedestrian. Police say five people were involved in the crash, some sustaining serious injuries. All were taken to Harborview Medical Center. The dump truck also reportedly struck a white SUV, a work van and a black car as it hurtled down the hill. The doors were ripped off the work van by the force of the impact.

08/20/2019 10:15 AM
Late-Season Fires Flare Up In Drought-Stricken Parts Of Alaska
Late-season wildfires during one of the driest summers on record in Anchorage have destroyed homes, forced evacuations, closed roads and schools and poured sometimes-dangerous levels of smoke into the state’s most populous region. About 80 miles north of Anchorage, the 3,000-acre McKinley Fire was burning on both sides of the Parks Highway. That blaze had destroyed more than 50 structures as of Sunday night and residents of the area, which lies between Wasilla and Talkeetna, were under evacuation orders, fire officials said. Some schools in the fire area were closed, local officials said, and thousands of other residents were facing possible evacuation orders.

08/19/2019 11:45 AM
“Insurance Village” Results In $631K For Frustrated Homeowners
Forget the saying that it takes a village to raise a child. Right now in Bay County it can take a village to get your insurance claim resolved. And that’s what happened Friday to the tune of $631,000 and it will continue today at the "Insurance Village" currently set up at Gulf Coast State College. Spearheaded by State Chief Financial Officer Jimmy Patronis, the Hurricane Michael Insurance Claims Assistance Village is designed to bring people with unresolved claims, the insurance companies and the public adjusters to the same place at the same time to bring resolution to frustrated homeowners. Friday, Patronis said, it worked. "Today we’ve already serviced more than 130 policy holders and we’ve written $631,000 in checks," Patronis said at day’s end Friday. "Tell people they need to show up (today) if they need help getting their claim settled and to bring their public adjuster with them too."

08/19/2019 11:15 AM
Camille Vs. Katrina: Comparing Storms On Their August Anniversaries
Hurricanes Camille and Katrina were as different as night and day, yet those who lived through both storms say the two were similar in many ways. Saturday, Aug. 17 is the 50th anniversary of Camille and Aug. 29 will be 14 years since Katrina. “Camille was a Sunday Storm,” said Rupert Lacy, now emergency management director for Harrison County. He was going on 11 and recalls going to church with his family in Gulfport the day before Camille. They made a stop at Shipley Donuts, as was their Sunday routine, before his father and brother went looking for plywood to board up their home in Orange Grove. They found supplies miles away in Pascagoula. By morning their church was gone, he said, and the Coast was in ruins.

08/19/2019 10:45 AM
Brisket Sparks Massive House Fire In North Houston
A family is happy to be alive after a massive fire broke out at their north Houston home. According to authorities, the fire broke out just after 3 a.m. Monday at the family’s house on Nora’s Lane and North Main Street in the Independence Heights. One neighbor said his dog started barking, so he went to see what the dog was barking about and saw flames coming from the house, police said. He rushed to the home and knocked on the door to wake up the family and help get them out before calling 911, authorities said. The mother and father and their two daughters were able to make it out safely, but the house and everything inside was a total loss, officials said.