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Parts of Wisconsin, Illinois recovering from flooding; 6,800 buildings affected in Illinois

July 14, 2017 Ivan Moreno - THE ASSOCIATED PRESS

BURLINGTON, Wis. – Flooding in the Midwest closed roadways and knocked out power to thousands, including a suburban Chicago hospital that was forced to close, but residents in the Wisconsin city of Burlington appeared upbeat even as portions of streets

News CatastrophesInsuranceMarkets / Coverages

Oil spill cleanup continues at derailed freight train site, CN investigating

July 4, 2017 The Associated Press

PLAINFIELD, Ill. – The effort to clean up 40,000 gallons of crude oil continues south of Chicago where a freight train derailed last week. Canadian National Railway spokesman Patrick Waldron said Monday the company is investigating the cause and circumstances

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Climate change raises new risk: Are inland bridges too low?

June 6, 2017 Scott McFetridge - THE ASSOCIATED PRESS

DES MOINES, Iowa – A century-old train trestle stands as one of the trophies of Des Moines’ push to spruce up its downtown. Bicyclists and pedestrians pose for pictures beside the brightly painted beams of the Red Bridge and gather

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Slice launches “first on-demand insurance platform” for homeshare hosts in 13 states

June 1, 2017 by Canadian Underwriter

Slice Labs Inc., a technology company offering what it calls “the first on-demand insurance platform in the United States,” announced on Wednesday the launch of their homeshare insurance product in 13 states. Homeshare hosts in 13 states – California, Colorado,

News CatastrophesInsurancePersonal Lines

U.S. Midwest floods linger as officials warn of floodwater risks

May 4, 2017 Jim Salter - THE ASSOCIATED PRESS

ST. LOUIS – River levels are falling Thursday after record and near-record flooding in parts of the Midwest, but the crisis is far from over. Officials have not said when hundreds of residents displaced from flooded properties in suburban St.

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Southern U.S. crop losses from March storm could exceed $1 billion: Aon

April 7, 2017 by Canadian Underwriter

A weather system that brought sub-freezing temperatures to South Carolina and Georgia, as well as heavy rains in Peru were among the catastrophes with economic losses exceeding $1 billion in March, Aon plc’s Impact Forecasting unit reported Friday in its

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Severe weather outbreaks in U.S. in February lead to billion-dollar payout for insurance industry: Aon Benfield

March 8, 2017 by Canadian Underwriter

Prolific severe weather outbreaks in the United States lead to an expected billion-dollar payout for the insurance industry as no fewer than five outbreaks of severe weather impacted portions of the country during February, according to Impact Forecasting’s latest Global

News CatastrophesCommercial LinesInsurancePersonal Lines

Freezing rain causes accidents, closures in U.S. southern Plains

January 13, 2017 Jim Salter - THE ASSOCIATED PRESS

ST. LOUIS – A thick glaze of ice covered roads from Oklahoma to southern Illinois on Friday amid a winter storm that caused numerous wrecks, forced cancellation of schools, grounded flights and prompted dire warnings for people to stay home.