Category: Insurance Claims Losses
Texting And Driving A Growing Concern
Posted: January 13, 2014
At any given daylight moment across America, approximately 660,000 drivers are using cell phones or manipulating electronic devices while driving, according to a survey from the National Highway Traffic Safety Administration. That number has held steady since 2010. Meanwhile, a University of Michigan Transportation Research Institute study showed that a quarter of teens respond to text messages once or more every time they drive. Twenty...
2013 Hurricane Season Among Calmest In History
Posted: December 27, 2013
Good news to end of 2013! With the latest hurricane season now in the rearview mirror, weather experts say that it was one of the least active ones in recent memory. Reuters reported that the 2013 Atlantic hurricane season was among the quietest in recorded history. In fact, not since 1968 have there been fewer named storms. Jeff Masters, a hurricane expert and director of...
Deer in the Headlights: Don’t Be Caught Without Comprehensive Auto Insurance
Posted: October 16, 2013
Fall is peak season for deer and auto collisions and that means drivers along the nation’s roadways need to be especially vigilant, according to the Insurance Information Institute (I.I.I.). Deer migration and mating season generally runs from October through December, and causes a dramatic spike in the movement of deer population. As a result, more deer-vehicle collisions occur in this period than at any other time...
Losses to catastrophic weather events rank 2012 among the worst on record
Posted: January 3, 2013
More bad news for property claims. Property insurance rates will increase significantly in 2013. The National Climatic Data Center has issued preliminary year-end statistics for the worst of U.S. weather in 2012 – the so-called “billion-dollar list” – and even without the final tallies filled in, the picture is not pretty. At least 11 weather events are known to have caused more than...
Holiday Losses & Winter Driving Safety
Posted: December 7, 2012
HOLIDAY FIRE LOSSES U.S. fire departments respond to an average of 240 home Christmas tree fires each year, according to a 2011 report by the National Fire Protection Association based on 2005-2009 data. These fires are responsible for an average of 13 deaths, 27 injuries, and $16.7 million in direct property damage annually, according to the NFPA. For further information see the NFPA‘s holiday statistics. Winter...
