Archive for August 2020

Insurers are making a bundle on personal auto because claims have plummeted, but the long-term outlook for the line isn’t so rosy, analysts say. Fitch Ratings last week reported that the short-term performance for auto insurers is “unsustainable, and we … Source: Claims Journal

Daimler AG will pay about $2.2 billion to settle U.S. diesel-emissions issues in the latest fallout from years of closer regulatory scrutiny on vehicle pollution. An agreement in principle with authorities including the U.S. Justice Department and Environmental Protection Agency … Source: Claims Journal

A federal safety inspector tipped off a coronavirus-tainted Pennsylvania meatpacking plant before visiting the next day — then failed to issue a citation, according to testimony in a lawsuit accusing the agency of failing to do its job. The inspector … Source: Claims Journal

The oil cleanup from a leaking cargo ship that ran aground off the coast of Mauritius continues while the government and insurance firms begin probing liability for the accident. The incident has befouled the white-sand beaches of the Mauritian coast … Source: Claims Journal

U.S. President Donald Trump on Monday said he approved federal disaster aid for Iowa after a hurricane-force storm hit last week, causing widespread damage in towns and farms and leaving thousands without power. Iowa Governor Kim Reynolds said on Sunday … Source: Claims Journal

PORTLAND, Ore.– A rally by a small group of alt-right demonstrators in Portland, Oregon, quickly devolved Saturday as they traded paint balls and pepper spray with counter-protesters. About 30 people were participating the Patriot Prayer rally in front of the … Source: Claims Journal

LOS ANGELES — Firefighters struggled to contain three wildfires near Los Angeles on Saturday as forecasters warned that the risk of new fires was high with temperatures expected to spike and humidity levels to drop across California. In Northern California, … Source: Claims Journal

ASPEN, Colo. — A loud, distant hum reverberated from a tree stand neighboring several Snowmass homes on a recent morning. Several dead brush and branch piles could be seen neatly stacked among the small patch of trees from the village … Source: Claims Journal

A federal appellate court on Friday affirmed a $1.2 million jury award to a woman who broke her arm after tripping over a bucket on a cruise ship. That may have been the least significant part of the ruling in … Source: Claims Journal

The Atlantic spun it 10th storm faster than any other hurricane season in records going back to 1851, and more are expected as August ends. Tropical Storm Josephine formed east of the Leewards, the arc of islands that separates the … Source: Claims Journal