Claims

Despite all the advances in technology making the information highway a speed ramp of data, fighting insurance fraud still takes the hard work of gumshoe investigators to get the job done.

David Thamann discusses two scenarios in which he believes “accidental” faulty workmanship on the part of the named insured should be covered under a CGL policy.

Losses from a magnitude 6.3 earthquake that struck Christchurch, New Zealand Feb. 21 (Feb. 22 local time) could total as much as $12 billion, according to one estimate cited in a note to clients from a JP Morgan Chase & Co. analyst.

Construction-insurance pros see some signs for market improvements in 2012 and 2013, as the economy recovers and projects continue in key industries, such as health care and education. A second round of stimulus funding would also help.

Is a construction defect an occurrence covered by a commercial general liability policy? That’s the key question for homebuilders and contractors facing Chinese drywall damage claims. The insurance and liability issues are becoming increasingly complicated by conflicting state court rulings over the lingering coverage question.

With spoliation of evidence claims on the rise, insurers need to be increasingly aware of steps that must be taken to preserve damaged property. To better understand this, it is important to first recognize and understand chain of custody.

With spoliation of evidence claims on the rise, insurers need to be increasingly aware of steps that must be taken to preserve damaged property. To better understand this, it is important to first recognize and understand chain of custody.

Authorities say at least 12 people were injured and one person killed by an EF2 tornado that struck the small south Louisiana town of Rayne over the weekend. Photos detail the immense damage to both property and autos.