Archive for June 2019
Homes to be Raised, but it’s Uncertain who will Pay the Bill
BELLEVUE, Neb. — A suburb of Omaha has condemned 195 flood-damaged homes, but it’s unclear who will be paying the expected bill of more than $1 million to raze them. The Bellevue City Council decided Tuesday that the mobile and … Source: Claims Journal
Read MoreJudge Tosses Suit over Northwest Iowa City’s Odor Ordinance
SIOUX CITY, Iowa — A northwest Iowa company that’s been fined thousands of dollars for the stink coming from its plant lost its lawsuit targeting the city of Sibley’s odor ordinance. Judge Leonard Strand of the U.S. District Court in … Source: Claims Journal
Read MoreUncertainty Can Follow Grief When Small Business Owner Dies
NEW YORK — When Jim McLaughlin died suddenly from a heart attack at age 64, his family assumed they would have to close his homebuilding business. He’d made no plans for someone to succeed him at McLaughlin Construction, and there … Source: Claims Journal
Read MoreFBI Investigating Deutsche Bank for Possible Money-Laundering Lapses
FRANKFURT — The U.S. Federal Bureau of Investigation is examining whether Deutsche Bank complied with laws meant to stop money laundering, a person with knowledge of the matter said on Thursday. The inquiry, first reported in the New York Times, … Source: Claims Journal
Read More‘Avian Incident’ Knocks Out 84% of Massive California Solar Farm
An “avian incident” sparked a fire at one of California’s biggest solar farms, affecting 1,200 acres and knocking out 84% of the California Valley Solar Ranch’s generating capacity. The June 5 incident didn’t damage solar panels at the 250-megawatt power … Source: Claims Journal
Read MoreExiles Sue Expedia’s Trivago for ‘Trafficking’ in Cuban Property
A family of Cuban exiles sued a unit of Expedia Group Inc. for compensation over a hotel property confiscated when Fidel Castro took power, in the latest of several lawsuits filed since Donald Trump upended a quarter-century of U.S. presidential … Source: Claims Journal
Read MoreWisc. Court Upholds Subrogation Waiver in Construction Contract
A subrogation waiver in a construction contract blocks an insurer’s claim against a contractor whose alleged shoddy construction caused the collapse of a barn that cost more than $600,000 to replace, the Wisconsin Supreme Court ruled in a split decision. … Source: Claims Journal
Read MoreCMIC Group and Crime Bureau Announce Appointments
CMIC Promotes Loss Prevention and Claims Directors CMIC Group, a member-owned medical professional liability insurance carrier has promoted Denise M. Condron, previously the director of loss prevention, to the role of vice president of loss prevention. Additionally, the company promoted … Source: Claims Journal
Read More‘Burning River’ Loses Sting in Cleveland 50 Years After Fire
CLEVELAND — Fifty years after the Cuyahoga River’s most famous fire, a plucky new generation of Cleveland artists and entrepreneurs has turned the old jokes into inspiration and forged decades of embarrassment into a fiery brand of local pride. “Everybody … Source: Claims Journal
Read MoreRain-hit Cricket World Cup May Cost Insurers Millions
LONDON — Lost revenues from a record number of rain-hit cricket World Cup games in England and Wales may result in insurance claims of a few million pounds for each abandoned fixture, insurance sources say. Broadcasters, organisers, venues, advertising sponsors … Source: Claims Journal
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