by The Egis Group | Feb 1, 2019 | Insurance Information
The Midwest faced record-breaking weather with the polar vortex this week. Wind chills fell to -50 degrees and caused many businesses to close their doors. Large manufacturers, including GMC and Ford, decided to shut down several of its facilities in Michigan after...
by The Egis Group | Jan 24, 2019 | Insurance Information
A lawsuit has been filed against 24 Hour Fitness after a man collapsed and passed away while running on a treadmill in December. According to the lawsuit, the employee on duty was not properly trained to handle the situation. The employee was unable to find the...
by The Egis Group | Jan 11, 2019 | Insurance Information
As the temperatures drop below freezing, frozen pipes become a large risk. One of the most common causes of property damage during the winter is burst pipes. A burst pipe can result in costly property damage. Pipes in unheated areas such as cellars and attics are most...
by The Egis Group | Dec 26, 2018 | Insurance Information
Natural and man-made disasters caused great economic damage across the world in 2018. Although, in comparison to 2017, the cost of destruction was less this year. According to sigma estimates from Swiss Re, the losses were down to $155 billion from $350 billion in...
by The Egis Group | Dec 10, 2018 | Insurance Information
A snowstorm hit North Carolina and Virginia this weekend bringing over 20 inches of snow in some areas. The snow, sleet, and frozen rain caused power outages for over 250,000 people. Some areas saw more snow than they see in an entire winter. Asheville, NC, received...
by The Egis Group | Nov 26, 2018 | Insurance Information
Catastrophe modeler RMS has estimated costs from both the Camp and Woolsey wildfires in California. The Camp wildfire shows $7.5 billion to $10 billion in damages while the Woolsey Fire is estimated between $1.5 billion to $3 billion. This brings the total of both...
