Archive for September 2020
Viewpoint: The Case of the $2 Million Violin
Born circa 1644 in Cremona, Lombardy (today’s Italy), Antonio Stradivari is one of the most famous luthiers (a craftsperson of stringed instruments) to have lived. His creations, including violins, viola, cellos, and guitars, are some of history’s most beloved instruments. … Source: Claims Journal
Read MoreOwners Find Insurance Inadequate to Cover Demolition of Buildings Destroyed by Riots
Some commercial property owners whose businesses were torched by rioters are learning that they don’t have enough insurance to clear away the debris. The StarTribune newspaper reported Monday that many property owners in the Minneapolis-St. Paul area purchased policies that … Source: Claims Journal
Read MoreSearch Warrant Served on Teen for Twitter Hack, NYT Reports
The FBI on Tuesday served a search warrant on a 16-year-old related to his alleged role in the July 15 hack on Twitter Inc., the New York Times reported. The youth was believed to have played a significant role in … Source: Claims Journal
Read MoreCalifornia Beset With Fires and Virus Sells $2.4 Billion in Debt
Last September, California entered its bi-annual bond sale flush with a ratings upgrade from Fitch Ratings and a $21 billion budget surplus. A year later, California kicks off its fall debt sales under dramatically different circumstances. Wildfires scorching thousands of … Source: Claims Journal
Read MoreSouth Korea Braces for Second Typhoon in a Week
South Korea raised its storm alert level on Wednesday as a powerful typhoon, expected to be stronger than the one that hit the nation last week, sped toward the southern coastline. Strong winds and heavy rain is expected for the … Source: Claims Journal
Read MoreSimulations Depict Tsunami Effects in Washington State
SEATTLE — State authorities have released new simulations that show how a powerful tsunami could overwhelm Washington state’s coastal and shoreline communities. The Department of Natural Resources says there are some locations around the state where residents would have very … Source: Claims Journal
Read MoreFeds Want Deal With North Dakota Over Pipeline Protest Costs
BISMARCK, N.D. — The Army Corps of Engineers is recommending that the federal government negotiate a settlement with North Dakota for more than $38 million that the state spent policing protests against the Dakota Access oil pipeline. In a letter … Source: Claims Journal
Read MoreFirefighter Killed at Scene of Wildfire in California Forest
SAN FRANCISCO — A firefighter was killed and another injured Monday battling a wildfire in the Northern California forest, authorities said. The firefighter was killed in Mendocino National Forest north of San Francisco, where a wildfire that started on Aug. … Source: Claims Journal
Read MoreSasol’s Lake Charles Plant Remains Shut Following Hurricane Laura
South African petrochemicals group Sasol said on Monday that its Lake Charles Chemical facility in the U.S. state of Louisiana remained shut after Hurricane Laura made landfall last week. The world’s top manufacturer of motor fuel from coal, said manufacturing … Source: Claims Journal
Read MoreFlorida Seizes on Low Rates for Hurricane Fund as Storms Start
With hurricane season barreling down on Florida, the state is seizing on low interest rates to borrow $2.25 billion for its catastrophe insurance fund. The State Board of Administration Finance Corp. is joining state and local governments that have rushed … Source: Claims Journal
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