Archive for August 2020

An insurer may be liable for $14 million of a mortgage company’s settlement with the estates of two Chicago firefighters who were killed while battling a blaze at an abandoned laundry, a federal appellate court ruled Monday. A district court … Source: Claims Journal

Delta Air Lines has doubled its staffing to handle revamped pre-flight “pit stops” for deeper cleaning and wants to ensure that tray tables and restroom door handles are germ-free with a new testing process, an executive told Reuters. Airlines’ efforts … Source: Claims Journal

The threat of a rare double storm blow looms for the U.S. Gulf Coast despite a weaker Tropical Storm Marco, with more than half of offshore oil production already shut and forecasts showing the potential for Laura to become a … Source: Claims Journal

Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires, according to people with knowledge of the … Source: Claims Journal

PORTLAND, Ore. — Police forced protesters away from a law enforcement building in Oregon’s biggest city early Sunday, as efforts to stop the demonstrators from gathering at the building seemingly fell apart. The protesters apparently had plans Saturday night to … Source: Claims Journal

TAMPA, Fla. — It is only a simulation. It’s also the worst-case scenario. One day, it could be reality. “Hurricane Phoenix” is the hypothetical disaster that would change life in the Tampa Bay area forever. Imagine a Category 5 storm … Source: Claims Journal

FREEHOLD, N.J. — A New Jersey woman has been sentenced to five years in prison in the death of a pedestrian that prosecutors said occurred as the driver was texting — an accusation the defendant denied on the stand. Alexandra … Source: Claims Journal

VACAVILLE, Calif. — When he closes his eyes at night, Hank Hanson hears sirens in his dreams — a byproduct of living nearly 30 years in the wildfire-prone wilderness of Northern California between San Francisco and Sacramento. But at about … Source: Claims Journal

Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two years, the Coalition Against Insurance Fraud reported … Source: Claims Journal

CABO SAN LUCAS, Mexico — Hurricane Genevieve lost some of its punch Thursday even as it lashed Mexico’s Los Cabos tourist resorts with hurricane-force gusts and heavy rains. And two storms formed in the Atlantic Basin — both on potential … Source: Claims Journal