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Thursday, September 21, 2017

Hurricane losses may hike premiums for us all.
Last year insurance companies told the NewsSource that the wildfires in the Smokies would not lead to insurance premium increases because of a catastrophic fund which had earlier been established. But now we are being told, even though we were not hit by hurricanes Harvey or Irma we may see an insurance premium increase. Motorists and homeowners across the country could see their premiums rise, as insurance companies pay out billions of dollars to customers whose properties were destroyed or damaged. The estimated U.S. insured losses, excluding any National Flood Insurance Program claims, are $20 billion to $25 billion from Harvey and $40 billion to $60 billion from Irma. Experts say insurers are looking to stay profitable as they cover their re-insurance policies, which is insurance on insurance.


Return to Today's News Stories - Front Page

Monday, August 20, 2018

  • Woodside arrest
  • Blackburn and Bredesen
  • Roe representative in Newport today
  • Gas prices drop slightly

    Sunday, August 19, 2018

  • Forestyr grants available for volunteer fire departments

    Saturday, August 18, 2018

  • Farm Service Agency meet
  • SBA loans available
  • Social Security and livability
  • Jefferson County crash
  • Dover arrest

    Friday, August 17, 2018

  • Moore arrested in threat on Caldwell
  • Bush Brothers fined
  • Cocke County Partnership meet
  • Clint Hammonds
  • Newport/Parrottsville candidates
  • July unemployment
  • Dover arrest

    Thursday, August 16, 2018

  • Speir arrest
  • Cardboard fire
  • Cocke County School Board meet
  • Jefferson City train/car crash
  •    

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