Archive for December 2018

A study of hurricane-hit areas of the United States has revealed a trend of larger homes being built to replace smaller ones in the years following a storm. The research, led by the University of Southampton (UK) and published in … Source: Claims Journal

With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma, head of global collections at American International Group Inc.’s private client group. The … Source: Claims Journal

Ironshore Bermuda Rebrands and Integrates With Liberty Specialty Markets Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, plans to integrate its Ironshore Bermuda businesses and brands into a single business branded as: Liberty Specialty Markets Bermuda. The new … Source: Claims Journal

The cost to curtail damaging flooding across Texas over the next 10 years is more than $31.5 billion and state officials are urging lawmakers to adopt legislation meant to end a cycle of “repairing and rebuilding,” according to a series … Source: Claims Journal

Homeowners living in Paradise, Calif., are just now returning home after a devastating wildfire caused up to $10 billion in damage, according to RMS estimates. The Woolsey Fire, which overlapped the Camp Fire, has a damage price tag of about … Source: Claims Journal

With Alaska’s history of earthquakes, you might assume most homeowners have earthquake insurance. That’s not the case, the Anchorage Daily News reported. Only about 15 percent of Alaska homeowners buy earthquake insurance, according to an estimate provided by Lori Wing-Heier, … Source: Claims Journal

Jurors have awarded a New York medical student $3 million after she suffered a gruesome toe injury while riding an escalator at an Arkansas mall. The Arkansas Democrat-Gazette reports that a Pulaski County jury ruled this week that 27-year-old Aisha … Source: Claims Journal

South Carolina’s congressional delegation will be able to ask for more funds to provide relief following Hurricane Florence, thanks to a move by the state’s governor. In a letter obtained Saturday by The Associated Press, Gov. Henry McMaster told U.S. … Source: Claims Journal

Honolulu high-rise condominium owners won’t get more time to comply with stricter fire safety rules enacted after an apartment fire in 2017 killed four people. The city council failed this week to get enough votes to override Mayor Kirk Caldewell’s … Source: Claims Journal

A storm spreading snow, sleet and freezing rain across a wide swath of the South has millions of people in its path, raising the threat of immobilizing snowfalls, icy roads and possible power outages. Governors and local officials in several … Source: Claims Journal